peter
Well-Known Member
Also…looking at insurance again.
Quite a few people have said Budget Direct.
I think it’s important to note that they will not insure the car for agreed value.
For instance …the Z Coupe is costing around 84k on road in WA. Budget directs policy will only cover market value which they have placed at 72500k.
So what?, you may say. if something happens to a new car in the first two years they have to replace it. But here is the kicker, most insurance companies fine print state they only have to replace it up to the market value of said car …meaning if your car is a write off, sure they will replace it, but you will have to pay the extra 10-12k shortfall plus’s excess.
RAC is around $100 more a year BUT that’s covering the car for 80000, and only $100 excess if you have to replace the windscreen instead of the 700 excess (which is also a $100 less than budget direct)
They also do not impose a driver age restriction. Yes if someone under 21 drives it and it’s damaged the excess rises and by quite a bit, but they can drive it.
For someone with a teenage son, this is a very important detail. Even if it’s for something like moving the card around when we are not home ….accidents can happen.
I’m not bashing Budget Direct, only saying please look at the policies properly, because saving $100 now could cost you a lot more in the long run
its important to have choice of repairer as i'd rather use someone I know rather than the insurance company sending out to their cheapest bidder