Imported Car Insurance – Registering And Insuring Modified Or Imported Cars In Australia
If you’re living in Australia, it can be a hassle to get your modified or imported car insurance, much less registration.
Your state’s car registration body will often need an engineer’s report or car inspection before you can get your vehicle on the road. Then finding insurance is a nightmare. Most insurance companies won’t insure imported vehicles. In most cases, you will find it impossible to make a comparison and save.
It’s so much easier to find car insurance online with a normal car. But for imported cars or modified cars it is important to know where to start looking.
Companies that insure modified and imported cars are either specialists in modified, unique, custom and import cars or are large insurance companies that deal in everything.
Oftentimes when you ask for a quote for imported car insurance online, you need to to wait 24 hours as each request is usually unique. Unlike simple car insurance, you can’t get live quotes.
Some insurance companies in Australia that deal in such type of special car insurances include:
Dawes (owned and underwritten by Calliden): Dawes deal in prestige, high performance and high value vehicles and high end bikes. They also insure unique workplace vehicles such as film set vehicles.
Famous (owned and underwritten by Calliden): Famous insurance high performance, grey import, and modified cars. Famous acquired Young & Cool which was a popular insurance company for young drivers with custom and modified cars.
Just Car (Underwritten by AAMI): Tailored for young drivers with modified cars, high performance cars and imported cars. These types of cars can almost be impossible to insure at almost all other companies.
LSV Lumley Special Vehicles (owned and underwritten by Wesfarmers): LSV insure classic, prestige car and special vehicles.
Shannons (owned and underwritten by the Suncorp Group): provides innovative and flexible insurance policies for the special needs of motoring enthusiasts
In addition to the above, the motoring bodies of Australia such as RACV and NRMA offer at least one, and sometimes 3, types of unique car insurance products covering most situations.
Some features that are common to unique car insurance policies are things such as salvage-and-agreed value.
Salvage means that if your car is written off, they will pay you out the agreed amount and you get to keep the wreck. So if you want you can get to work and rebuild your old car. Agreed value comes as a result of unique cars not really having a market value. Some are so rare they hardly ever for sale, therefore the insurance company will negotiate with the owner a price in case of a write-off.
Getting online car insurance for your imported or modified car is now going to be so much easier. Just make a comparison from a few of the companies above and you are well on your way to a better and cheaper imported car insurance policy.