Insurance Cost / Rates

Mozi · Post by **Mozi** » Tue Nov 14, 2006 2:43 pm

Hi guys, a quick question so that I make sure they are not ripping me off the wazoo...

I have been charged 5.87% on my new H3 for insurance. Another company quoted me 7% saying it is a Hummer, parts are expensive and u have a new UAE licence even though I have a Lebanese one from 12 years...

Is this normal, should I go with the 5.87% rate?

Thanks for ur feedback

Mozi

jeep · Post by **jeep** » Tue Nov 14, 2006 2:47 pm

well man its different from one car to the other and also age makes difference.

now the rate should play in the range of 5%
my 2006 wrangler i was able to get 5.5% because many companies doesn't like to have wranglers.
however the range rover when i first got it i paid 7%

in ur care sure the 5.8% is better than the 7% , there won't be a difference just make sure it is full insurance , and covers the driver and passengers + agency workshop

MegaMoe · Post by **MegaMoe** » Tue Nov 14, 2006 2:48 pm

Mozi we have a special discount with AXA Insurance, for more information check with Iguana, their Insurance cover offroad and oman.

Mozi · Post by **Mozi** » Tue Nov 14, 2006 3:16 pm

megamoe wrote:Mozi we have a special discount with AXA Insurance, for more information check with Iguana, their Insurance cover offroad and oman.

Thanks megamo, I just dropped iguana a PM.

Mozi

iguana · Post by **iguana** » Tue Nov 14, 2006 3:23 pm

An i already answered it.

We get 10% discount provided you submit a letter from us confirming that you are a member

jeep · Post by **jeep** » Tue Nov 14, 2006 3:51 pm

iguana man u said 10% discount but that means nothing without the rate ???

if u tell me that their rate is 5% and then we get 10% discount then that i can understand

iguana · Post by **iguana** » Tue Nov 14, 2006 9:06 pm

Rates are different, depends on the car model, driver age, insurance history so there is no set rate for insurance.

DiVeR · Post by **DiVeR** » Tue Nov 14, 2006 9:19 pm

Mozi man, you should have let your car agency negotiate with the insurance company on the rate. When i bought my new 3800 CC LWB Pajero, Mitsubishi agent took the insurance rate down to 5 % as they took my previous 18 years of driving experience into consideration. I say go for AXA. Make it a comprehensive policy so off-roading can be automatically covered.

DiVeR · Post by **DiVeR** » Tue Nov 14, 2006 9:20 pm

Mozi man, you should have let your car agency negotiate with the insurance company on the rate. When i bought my new 3800 CC LWB Pajero, Mitsubishi agent took the insurance rate down to 5 % as they took my previous 18 years of driving experience into consideration. I say go for AXA. Make it a comprehensive policy so off-roading can be automatically covered.

Mozi · Post by **Mozi** » Tue Nov 14, 2006 9:50 pm

It is cool guys. I just had a phone conversation with Iguana. Axa is the way to go.

Diver, the dealer negotiated insurance was 5.87% and they did not conisder any of my past driving. Now I am good

Thanks for all the support. Check my post on diving in the intro section. U will like it

Mozi

DiVeR · Post by **DiVeR** » Tue Nov 14, 2006 10:26 pm

Mozi wrote:It is cool guys. I just had a phone conversation with Iguana. Axa is the way to go.

Diver, the dealer negotiated insurance was 5.87% and they did not conisder any of my past driving. Now I am good Thanks for all the support. Check my post on diving in the intro section. U will like it

Mozi

I already did. The articles on wrecks are very interesting :bravo:

I did few wreck diving back in 1998 in Thistlegorm wreck in Sinai. If you planned to go to Sinai sometime, tell me
and i can arrange you a great diving trip :okaay: :okaay: :okaay:

Mozi · Post by **Mozi** » Tue Nov 14, 2006 10:48 pm

DiVeR wrote:
Mozi wrote:It is cool guys. I just had a phone conversation with Iguana. Axa is the way to go.

Diver, the dealer negotiated insurance was 5.87% and they did not conisder any of my past driving. Now I am good Thanks for all the support. Check my post on diving in the intro section. U will like it

Mozi
I already did. The articles on wrecks are very interesting :bravo:

I did few wreck diving back in 1998 in Thistlegorm wreck in Sinai. If you planned to go to Sinai sometime, tell me
and i can arrange you a great diving trip :okaay: :okaay: :okaay:

I love Sinai, Dahab, the Blue Hole, the Canyon, Hurghada, Thistlgorm, The Brothers, Elphinstone. I have done them all

My cousin operates www.redseaexplorers.com

See u in the desert

Mozi

seiftawfik · Post by **seiftawfik** » Tue Nov 14, 2006 11:44 pm

Hey Mozi,

I guess with AXA you'll face a problem with the new driving license, they won't accept it I think.

Let me check for you tomorrow and I can get you a rate of 4.75% from AXA if they'll accept the new driving license with your old license providing that you are buying a brand new car.

Cheers.