Are shannons any good for agreed value for my Torry, seeing ive spent thousands on it, dont really wanna hear its market value hovers around the $2500 region.
Anyone got any other companies they recommend, even for the younger guys like me.
Cheers
JNR_ATE
INSURANCE ENQUIRY
Started by
_JNR_ATE_
, Mar 27 2006 11:42 PM
32 replies to this topic
#2
shanegtr
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Posted 28 March 2006 - 05:41 AM
I havent got an issue with shannons insuring the car for what its really worth(not market value). Depends how young you are, Im 24 and have had insurance since I was 23 with shannons
#3
_Yella SLuR_
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Posted 28 March 2006 - 07:18 AM
Will normally do it for the agreed value after seeing the car, or alternatively emailing in photo's. Get in contact with your local manager, not the call centre.
#4
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Posted 28 March 2006 - 07:27 AM
Didnt have much success with Shannons on "agreed" value myself, just offered me "their value". I actually took it to them at Cheltenham.
Got the value I wanted at Uniquecar ins, just sent the photos in. And so far its been worth it as they had to handle a smash repair job that must have got close to $4500(didnt get the bills myself), slightly below my agreed value. Dont know how they are for younger drivers though.
Got the value I wanted at Uniquecar ins, just sent the photos in. And so far its been worth it as they had to handle a smash repair job that must have got close to $4500(didnt get the bills myself), slightly below my agreed value. Dont know how they are for younger drivers though.
#5
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Posted 28 March 2006 - 07:42 AM
Im really happy with shannons.. i insured my lj with them 2 years ago & i was only 19.. They insured it for $7,000 which was agreed value. Now im 21 & i have insured my lx with them for $8,000.. apparently now they insure it on how much you bought the car for not market value. I bought my lx for $7000 but i told them about a few mods that i had done so they insured it for $8000. They usually just ask you to send them a picture so they can see if its really worth what you say. i found shannons to be alot cheaper than other insurance companies too, one company wanted me to pay more per year for 3rd party than shannons wanted for full insurance.. & another company wouldnt even insure my torana coz it was 'too old'! How old are you jnr ate?
#6
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Posted 28 March 2006 - 08:09 AM
I rang Shannon's and got knocked back because my car was not
insured or registered for the previous 3 months.
I argued with the guy for about 20 minutes.
Basically they said insure it with someone else and come see us in a year!
I have to admit, after watching thier ads and reading all about them
I was pretty dissapointed.
They can go-go-get-fu*%#$
[first time I have had to use a smiley in anger....]
insured or registered for the previous 3 months.
I argued with the guy for about 20 minutes.
Basically they said insure it with someone else and come see us in a year!
I have to admit, after watching thier ads and reading all about them
I was pretty dissapointed.
They can go-go-get-fu*%#$
[first time I have had to use a smiley in anger....]
Edited by Leakey, 28 March 2006 - 08:10 AM.
#7
_Mondie_
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Posted 28 March 2006 - 08:16 AM
l find Shannons excellent, in my recent experiences they are the only Ins compnay thats keeping up with the rising values of muscle cars in general. l nominated agreed values for both my cars and they agreed where no other Co would.
Good luck.
Good luck.
#8
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Posted 28 March 2006 - 08:37 AM
shannons wouldnt insure me either so i'm going to go with Just cars. im 18 and third party f&t is costing 700ish a year.
Joanne how much did it cost to insure the LJ when u were 19 at shannons?
Joanne how much did it cost to insure the LJ when u were 19 at shannons?
#9
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Posted 28 March 2006 - 09:16 AM
I've heard of a company called virgil insurance (www.virgilins.com - i think) who let YOU nominate an agreed value, within reason, you tell em your mods and they think about it for an hour and send you a reply saying yay or nay, and cheap cost too...
#10
_Yella SLuR_
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Posted 28 March 2006 - 09:22 AM
^ I think you'll find it is Vigil, not Virgil, he was in the Thunderbirds.
Thunderbirds are Go!
Thunderbirds are Go!
Edited by Yella SLuR, 28 March 2006 - 09:22 AM.
#11
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Posted 28 March 2006 - 09:35 AM
Same here I told them what I wanted it insured for and that wasn`t a problem,like Mondie states they are the only ones up with current prices.l find Shannons excellent, in my recent experiences they are the only Ins compnay thats keeping up with the rising values of muscle cars in general. l nominated agreed values for both my cars and they agreed where no other Co would.
Vigils are the ones who put market prices in the back of the "Just Cars" and have XU-1`s at $22,500 for a mint one,definately not on the money with that estimate.
#12
Tiny
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Posted 28 March 2006 - 09:41 AM
I'm insured with Vigil and have been since i bought the monaro.
To relate my story.. i had the car insured for market value ( stupid me.. luckily nothing happened to it in the time!) and at the 2005 Car festival Vigil had a stand.
The guy on the stand was good enough to actually come and look at the car, and raised the value to an agreed value policy of $20,000 on the spot with the shake of a hand. THe premium only went up $50 per year too!
Ive never had a claim through them, but to deal with as a cistomer so-far theyve been good.
Best of luck.. insurance can be a nightmare!
(OH.. ive told this story before so i wont again.. but i too had a bad experience with shannons over the phone.. Vowed i'd never deal with them again, and i havent needed/wanted to)
Cheers.
To relate my story.. i had the car insured for market value ( stupid me.. luckily nothing happened to it in the time!) and at the 2005 Car festival Vigil had a stand.
The guy on the stand was good enough to actually come and look at the car, and raised the value to an agreed value policy of $20,000 on the spot with the shake of a hand. THe premium only went up $50 per year too!
Ive never had a claim through them, but to deal with as a cistomer so-far theyve been good.
Best of luck.. insurance can be a nightmare!
(OH.. ive told this story before so i wont again.. but i too had a bad experience with shannons over the phone.. Vowed i'd never deal with them again, and i havent needed/wanted to)
Cheers.
#13
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Posted 28 March 2006 - 10:22 AM
As a 22 year old driver with an ordianary driving history, I have been only able to get insurance from RACQ for the past few years. Now I have inquired about Shannons. RACQ quoted me in excess off $2000 for comprehensive insurance, and charged me over $400 a year for 3rd party fire and theft. The market value of an SS torana through RACQ is $3500 and I had a $2000 excess if I did crash.
I got a quote 2 weeks ago from shannons for full comprehensive insurance for $700/ year and an agreed value of $15,000 and an excess of only $650.
They seem to give a pretty good deal from my dealings and will be changing over to them asap.
Matt
I got a quote 2 weeks ago from shannons for full comprehensive insurance for $700/ year and an agreed value of $15,000 and an excess of only $650.
They seem to give a pretty good deal from my dealings and will be changing over to them asap.
Matt
#14
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Posted 28 March 2006 - 10:25 AM
My 2 Cents,
I am 19 years old & had a car stolen (was market value with Just Car as they are the olny one who would touch it).
When i bought the LJ I called GIO and they have Vintage Policy for cars older than 29/30 years and is a Comprehensive Motor Policy but you cannot gain a NCB rating (which doesnt matter cause if you ever leave you can get your inception & claim history which calculates an NCB for all Insurer's, I am an Insurance Broker by the way), Agreed Value of $6000 (i paid $3,900 for it) & cost me $230 total. Very professional service over the phone & no hassles at all.
They probably wont touch a car that has been too modified but for a nice cruiser with Mags, exhaust, stereo I had no probs at all.
I am 19 years old & had a car stolen (was market value with Just Car as they are the olny one who would touch it).
When i bought the LJ I called GIO and they have Vintage Policy for cars older than 29/30 years and is a Comprehensive Motor Policy but you cannot gain a NCB rating (which doesnt matter cause if you ever leave you can get your inception & claim history which calculates an NCB for all Insurer's, I am an Insurance Broker by the way), Agreed Value of $6000 (i paid $3,900 for it) & cost me $230 total. Very professional service over the phone & no hassles at all.
They probably wont touch a car that has been too modified but for a nice cruiser with Mags, exhaust, stereo I had no probs at all.
Edited by LOWS2, 28 March 2006 - 10:27 AM.
#15
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Posted 28 March 2006 - 10:48 AM
When i was 19 it cost me around $800 a year.. apparently shannons go on driver history, not age.. which was good for me coz id had my licence for 2 years, but i hadnt driven at all, so i had an excellent driving historyJoanne how much did it cost to insure the LJ when u were 19 at shannons?
#16
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Posted 28 March 2006 - 05:21 PM
I'm with Shannons and they have been Fantastic, i got an agreed value over the phone with all the mods listed with full comp. I pay $52 a month and the only restriction is no one under 30 years of age can drive it.
#17
_Dirty Deeds_
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Posted 29 March 2006 - 06:20 PM
Im with Vigil. The Torana is insured for $45,000 and only cost me $620 per annum. No restrictions on frequency of usage ( but no drivers under 25 ), just have to have a fuel cut out and kill switch.
They were Ok with the mods.
They were Ok with the mods.
#18
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Posted 30 March 2006 - 09:40 AM
Shannon's had a look at my XU1 when I was in Canberra a couple of weeks ago with the Canberra Torana Club ( was a good day). The guy asked if I would be happy with $50000 of cover 
. he sent the paper work out last week and the cost is $516. The quote is open for 3 months. The only down side I dont retain the wreck if its totaled 
.
Ian
. he sent the paper work out last week and the cost is $516. The quote is open for 3 months. The only down side I dont retain the wreck if its totaled .Ian
#19
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Posted 30 March 2006 - 09:46 AM
DD: Who's your account manager! I need to talk to them!! I pay more than that for half the valuation!Im with Vigil. The Torana is insured for $45,000 and only cost me $620 per annum. No restrictions on frequency of usage ( but no drivers under 25 ), just have to have a fuel cut out and kill switch.
They were Ok with the mods.
I need to bust some balls i think 
As youve said though, ive got no restrictions other than all driver's must be named on the policy or theyre not covered, and mods must be street leagl!
Cheers mate
#20
_Mondie_
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Posted 30 March 2006 - 09:50 AM
You should automatically have salvage rights once the car is 35 years old with Shannons. If the car is too young you can pay an extra 5% to obtain them based on my dealings with them earlier this weekShannon's had a look at my XU1 when I was in Canberra a couple of weeks ago with the Canberra Torana Club ( was a good day). The guy asked if I would be happy with $50000 of cover
Ian
#21
_Yella SLuR_
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Posted 30 March 2006 - 11:10 AM
Ian, just get them to add salvage rights, it's only about $5/annum extra. It is not automatic.
#22
enderwigginau
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Posted 30 March 2006 - 03:05 PM
$50 per year I think you'll find Yella and Ian.
I am with Shannons, but I will be getting a new quote from Vigil once the car cracks 30yrs old in Sept......
Shannons provide a free windscreen every year if you want one, thats one thing I like about them, and they were prepared to take on heavily modified vehicles when no-one else would.
Grant..
I am with Shannons, but I will be getting a new quote from Vigil once the car cracks 30yrs old in Sept......
Shannons provide a free windscreen every year if you want one, thats one thing I like about them, and they were prepared to take on heavily modified vehicles when no-one else would.
Grant..
#23
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Posted 30 March 2006 - 03:35 PM
Vigil take on "heavily" modified cars as well as projects/restorations, they come under "laid up" insurance.
#24
_Dirty Deeds_
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Posted 30 March 2006 - 03:48 PM
Yes, Tinkers is correct.
I did a comparison between Shannons and Vigil and found them to be on even par as far as cost, policy benefits, and restrictions go.
I chose Vigil as they didn't need to see my car in the flesh ( not even photos ). I just gave them the all of the ID numbers, rego etc and they did the rest.
Tiny: I spoke with a lady named Maureen Cheesman on 1300 134 054
I did a comparison between Shannons and Vigil and found them to be on even par as far as cost, policy benefits, and restrictions go.
I chose Vigil as they didn't need to see my car in the flesh ( not even photos ). I just gave them the all of the ID numbers, rego etc and they did the rest.
Tiny: I spoke with a lady named Maureen Cheesman on 1300 134 054
Edited by Dirty Deeds, 30 March 2006 - 03:49 PM.
#25
_Leakey_
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Posted 30 March 2006 - 05:35 PM
Thanks for the tip Tiny.
I spoke to Vigil, after Shannons told me to insure with someone else for
a while, then come and see them. (my car is 3 month unregistered.)
Seems they wont look at my stock 6 cyl' until 1/. she's registered
and 2/. been insured by someone else!??
Vigil have given me a very competitive quote. Their criteria for insurance
was down to earth and realistic, especially agreed value. I was so impressed,
I rang the General Manager, Ken Brown and told him of our little community.
He had a look at the forum and had this to say in an email -
Hi Mark,
Had a cruise around the site today, some very interesting comments, experiences
& stories etc. Comments by "Tiny" are much appreciated & typical
of our activities conducted whilst @ Events Shows etc. I actually attended
the show he refers to ( together with one of our local BDO's, Lorne )
Vigil offers Agreed Values on all policies, young drivers are welcome < 21 etc,
so long as the Mods are legal, we will insure the car. Should you have an
accident /claim, you have your choice of repairer. ALL policies, include a 24
Roadside Assist facility ( no extra cost added into the Premium)
This is starting to be come a sales pitch, but at the end of the day, we specialize
in insuring modified vehicles in addition to stock classics .
Many thanks for taking time out to chat initially with Nic, & I look forward
to assisting lots of your members.
PS - I own a CV8Z never use it, drive a 66 Mustang Coupe as a daily user,
work vehicle.
Ken Brown
National Manager
Vigil Underwriting Agencies Pty Ltd
ABN 74 082 099 769
T 03 9855 5773
F 03 9855 5412
E [email protected]
W www.vigilins.com.au
OK, so he drives a Ford, a hot Ford at that!! but more importantly owns
an even hotter Holden!!
- Leakey
I spoke to Vigil, after Shannons told me to insure with someone else for
a while, then come and see them. (my car is 3 month unregistered.)
Seems they wont look at my stock 6 cyl' until 1/. she's registered
and 2/. been insured by someone else!??
Vigil have given me a very competitive quote. Their criteria for insurance
was down to earth and realistic, especially agreed value. I was so impressed,
I rang the General Manager, Ken Brown and told him of our little community.
He had a look at the forum and had this to say in an email -
Hi Mark,
Had a cruise around the site today, some very interesting comments, experiences
& stories etc. Comments by "Tiny" are much appreciated & typical
of our activities conducted whilst @ Events Shows etc. I actually attended
the show he refers to ( together with one of our local BDO's, Lorne )
Vigil offers Agreed Values on all policies, young drivers are welcome < 21 etc,
so long as the Mods are legal, we will insure the car. Should you have an
accident /claim, you have your choice of repairer. ALL policies, include a 24
Roadside Assist facility ( no extra cost added into the Premium)
This is starting to be come a sales pitch, but at the end of the day, we specialize
in insuring modified vehicles in addition to stock classics .
Many thanks for taking time out to chat initially with Nic, & I look forward
to assisting lots of your members.
PS - I own a CV8Z never use it, drive a 66 Mustang Coupe as a daily user,
work vehicle.
Ken Brown
National Manager
Vigil Underwriting Agencies Pty Ltd
ABN 74 082 099 769
T 03 9855 5773
F 03 9855 5412
E [email protected]
W www.vigilins.com.au
OK, so he drives a Ford, a hot Ford at that!! but more importantly owns
an even hotter Holden!!
- Leakey
Edited by Leakey, 30 March 2006 - 05:37 PM.
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