40 replies to this topic

[Ice]

I have just been thru this bullshit with a insurance company wont mention any name i rang to ask them how they can justify $550 a year on a car thats valued at $15,000 tops when i bought the car for $36.000 it was $550 a year 5 years ago go figure so me being mr nice guy i rang them to ask please explain they are full of shit they just want your money so f#@K them cancelled my policy on the spot i now have my daily driver and toranas with shannons.they gave me the best price 3 cars $1050.00 if there is anyone cheaper please let me know.G

[Heath]

I'm with Shannons and I thought the price was quite reasonable etc. Haven't had to make a claim yet...

[Mort]

I have three with Shannons, would be 4 but the Prado is a lease car so i stuck with there insurance but will look at changing to Shannons next year when we do another lease for a new car.

#1 Tracie's SL/R, parked in shed with layed up cover with agreed value $5,500.00.

#2 Alex's Torana, with extreme limited use cover with agreed value $4,500.00.

#3 Alex's VT Commodore with comprehensive agreed value $10,000.00.

Costs me $504/yr and Alex is down as a driver and he is 17 and think from memory they said he can take over the Commodore insurance when he turns 18 but will be a bit more expensive.


Mort

[Evan]

I dont think so.
Im in the same boat Josh. Ive got Excellent driving history and lock up garage with limited km's etc etc. Prices were well over $1500 from shannons for 25k vale on the hatch.

I think its the over 25 thing mate. Im just with SGIO, fire and theft on my Torry and Navara.

Evan.

[Heath]

Just Car is a load of shit. But mate considering you wrote your daily off... good luck

Try places that have the majority of their business in mainstream cars but have a range of classic car insurance options. I know GIO do it and I think there are others

[antelopeslr5000]

I've been driving for 16 years and have never had an accident or made an insurance claim (not even for a windscreen replacement!). For all of those 16 years I've own and insured two cars, at times paying close to $3,000 a year to insure both when I was younger (owning two V8's doesn't help!)

I look back and think to myself, what if I didn't worry about having insurance and saved that money instead... have to be close to $25,000 easily.

But it's just not worth it. I know I'm a careful driver, the problem is the other clowns on the road you have to worry about and have no control over.

Edited by antelopeslr5000, 30 August 2009 - 06:35 PM.

[Tiny]

But it's just not worth it. I know I'm a careful driver, the problem is the other clowns on the road you have to worry about and have no control over.

*THAT* is the issue mate...
I've never insured my cars for any reason other than to protect myself from becoming a victim of other peoples stupidity.

If I ended up hitting a brand new merc or beemer.. i'd be stuffed!

All i can say is Insurance is a necessary Evil. Do your research, Ring around, DONT ASSUME ANYTHING - ASK, and forget what your "Mates" tell you... find out for yourself. You will find someone keen for your work and they will do the right thing by you as Shannons did by me.

Oh.. and one last thing i've found.. you MUST shop around EVERY YEAR as sometimes you will find insurance companies will jack up premiums to repeat customers, but give better rates to NEW customers to lure them in.
Dont be lazy and just renew... get on the phone and ring around for quotes.

Cheers

[lxsstorana]

LSV works out cheaper for me but it's a mathematical equation system based on your personal situation. Might be dearer for others.

Insurance sucks but it's a necessary evil (money for nothing as most people don't make claims).

Enough said.

Edited by lxsstorana, 04 September 2009 - 07:54 PM.

[Collo]

I've used Shannons for all my old cars and have found them to pretty good. Don't know if it's a recent thing (well, within the last 4 years anyway) but I never had an issue when I was under 25 either.

[LOWS2]

Just a quick update for those currently with GIO under their 'Vintage & Veterans' Policy - it is being pahsed out and cover transferred to Shannons. I got a renewal quote in the mail from Shannons (with GIO covering letter), premium is bout $100 more than GIO was. I paid bout $295 last year & will be paying $393 this year with Shannons - still a really good price for an under 25 year old, full comp & agreed value ($8k).

The bloke i spoke to even used to own a holden with tough 186 and was giving me all these tips on performance lol. I rang to update all the details on the policy cause GIO had SFA noted on the schedule or the details were incorrect, so make sure you check the schedule carefully when it comes in.

cheers,
mick