FTO AUSTRALIA

My wife drives a 1990 Lancer SE. Third Party RACV want $384. I have Third Party on the FTO and it only costs $257. What gives???

Market Value on the Lancer is only $2100. We are thinking of going elswhere with insurance unless it's gonna be the same elsewhere. My wife is a Rating One and is 34 years old too. I simply don't understand. Any ideas?

I'd shop around.. that doesnt compute!

I had this conversation with one of the people who work in an insurance company before.

Apparetly Lancer is ranked within top 5 of "high risk vehicle", as there are lots of rice boy who stack there lancer and also its very easy to steal for joy ride.

Its a different story when it comes to full comp though....don't know why? insurance companies are just here to milk you...

Thanks guys. It not a Lancer you would hot up, well maybe in it's day but only if you had a GSR. So I don't see it being a rice boy's dream lol. You might be onto something with it being easy to steal though FTO338. Being so old would make it very vulnerable I guess. Full Comp was another few hundred dollars as well.

I may shop around and see what else other have to offer.

Thanks again all.

LOL the Lancer broke down yesterday, had to get RACV to tow me home.

I'm getting my money's worth now.

My 91 Lancer GSR with a cyborg (1.6 dohc turbo) engine conversion was only $700 pa for full comp!

That is crazy for 3rd party for a se!

Agreed. Thats way too much. Shop around and im sure you'll find a cheaper quote... That said $257 is pretty cheap for an FTO.