Buying a GTR.

[frootloops]

I'm about to renew mine soon....what do u mean by wanted list? As in 'favourite'? Hehehe usually insurance say performance car in high risk category

 

[V-Spec]

Yea high risk is politically correct.

 

[NeniNeniBoBo]

I recall back last time when I bought my Vspec2, the insurance company all refuse to accept this car, lucky at last found one -_- Now I'm thinking next time if i sell my car, will they accept trade-in or not....

 

[Temujin]

Got my insurance recently when I bought my car.. I was worried that I would have difficulty in insuring the car which is almost 20 years old already.. I figured that even if I managed to get insurance, it may be well below the cost I paid for the car as from what I've seen throughout the years a 32GT-R still retains 80-100k which basically is a seller's market..

But I was pleasantly surprised that the insurance company covered the total cost I paid for the car..

 

[gobiz]

yep, depends on the insurance agent.

For r32 gtr its quite easy since its not listed on their database, so they just follow market value and the primary agent will need to endorse.

Mine is insured for exactly the same value as yours, Temujin

 

[Temujin]

For r32 gtr its quite easy since its not listed on their database, so they just follow market value and the primary agent will need to endorse.

Mine is insured for exactly the same value as yours, Temujin

Yep.. The insurance company did not have any data on our cars hence just follow market value as per purchase..

 

[feezdya]

Yep.. The insurance company did not have any data on our cars hence just follow market value as per purchase..

no la bro.. front desk staff sure wont know the exact price for the skyline.. but when accident happen, they will hire adjuster and the price is subject to the latest price..i.e for R33 GTS, the market price in insurance data base only RM 45k..so no matter if you insured 100k, they only will pay at the market price. they also have their own calculation like example, if car above 10 years, you wont get full amount of the repair cost.my brother working at insurance industry that is why i know all about this hehe..if there any insurance issues, please to let me know and ill ask my brother to help..

 

[mokomoko]

i am looking to insure my 180sx too which insurance expires every soon. Currently im using tokio marine and they dont want to renew my insurance cause they dont cover 20 year old cars (wtf). I tried AXA insurance and they dont cover 180s or even skylines!

Any one know what other insurance companies would cover for a 20 year old nissan?

 

[^pomen_GTR^]

sorry to jump in your discussion...

but have u try to check with Uni-Asia????


from my experience their quite friendly about insurance coverage for car >10years old....


(or u can ask any runner with insurance services)

 

[feezdya]

I bought new business insurance via takaful ikhlas.. no problem at all even my antique mercedes insured under them..renew direct from HQ..i can give you their no if you want..

 

[Temujin]

i am looking to insure my 180sx too which insurance expires every soon. Currently im using tokio marine and they dont want to renew my insurance cause they dont cover 20 year old cars (wtf). I tried AXA insurance and they dont cover 180s or even skylines!

Any one know what other insurance companies would cover for a 20 year old nissan?

Did the insurance for my ex-180SX as well as the current R32 GT-R with same agent and with no problems..

If you're interested please PM me back and I could give you the name and number of the agent (my family have been dealing with him and his father before him for all our car insurance issues.. good service :proud:)

 

[grayfox]

errr..newbie here...well i oso have same problem here in Kedah, tried to find so may insurance to cover my GTS R33 but no luck..they said more than 15years, high cc, cannot take risk...wallaweh..now using third party..huhuhu

 

[farizio]

sorry to jump in your discussion...

but have u try to check with Uni-Asia????


from my experience their quite friendly about insurance coverage for car >10years old....


(or u can ask any runner with insurance services)

My auntie has close ties with Uni Asia and has a close friend working there, and yet, no luck in getting my car insured there

 

[gobiz]

Basically I think most insurance companies will try to avoid insuring Skylines/GTRs UNLESS the main agent endorses your car....can anyone in the insurance line confirm or correct?

 

[cmng]

I renew my 20yr BabyGodzilla insurance without any issue

but 1st Party la
not 3rd party

 

[[PIMPIN]]

Basically I think most insurance companies will try to avoid insuring Skylines/GTRs UNLESS the main agent endorses your car....can anyone in the insurance line confirm or correct?

Apparently a lot of supercar owners have only third party insurance (if they even bother having the car registered), so perhaps that's another way of looking at managing insurance. Obviously living/travelling with security means theft is unlikely (repossess more likely) and high speed driving and other risk taking shenanigans means in the event of a crash, other things are more important (like staying alive?) to bother over something as menial as claims. Again, that's just what I think is the reasoning behind that. I wouldn't know to be honest.

Leonard? How do rich people deal with insurance?

 

[semperfi]

Hmm.. Back 20 years ago when I was around that age, my father deals with my car's insurance. I don't have to pay a cent. Sometimes the car goes under company's name and my company pays for it and I couldn't afford any car since I just got back from Hawaii and just started working. I was paid a measly $2k. Can't even afford a tire back then.

 

[NISMO S-TUNE]

Hmm.. Back 20 years ago when I was around that age, my father deals with my car's insurance. I don't have to pay a cent. Sometimes the car goes under company's name and my company pays for it and I couldn't afford any car since I just got back from Hawaii and just started working. I was paid a measly $2k. Can't even afford a tire back then.

Bro...now a days is totally different already! Those kids just come back from oversea, straight away can drive nice sports car, non stop modifying/upgrades, showing off their ride(s), and best of all...ALL paid by the parent/company. Then...they make naive young chicks to believe that they are rich by them self (making tons of monies by them self), in fact, all being paid by someone else! So...why bother? Trash it..buy again lah...as simple as that

 

[semperfi]

Bro...now a days is totally different already! Those kids just come back from oversea, straight away can drive nice sports car, non stop modifying/upgrades, showing off their ride(s), and best of all...ALL paid by the parent/company. Then...they make naive young chicks to believe that they are rich by them self (making tons of money by them self), in fact, all being paid by someone else! So...why bother? Trash it..buy again lah...as simple as that

I tell you what. I trash it, you get me a new car. You change your cars every few months. You psycho! Help save a fellow friend. Buy me a car...

 

[gobiz]

Apparently a lot of supercar owners have only third party insurance (if they even bother having the car registered), so perhaps that's another way of looking at managing insurance. Obviously living/travelling with security means theft is unlikely (repossess more likely) and high speed driving and other risk taking shenanigans means in the event of a crash, other things are more important (like staying alive?) to bother over something as menial as claims. Again, that's just what I think is the reasoning behind that. I wouldn't know to be honest.

Leonard? How do rich people deal with insurance?

Supercar only on 3rd party? :stupid: Fuhhh they are living life on the brink, well I guess they can afford to.

My rusty old japanese grandfather car fully insured 1st party at full market value , equal to Temujins Actually market value is a bit higher (and rising)! Doesn't love make someone a bit loopy in the head hehehe