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Insurance for high value Torana - 2016


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#26 _LXJET_

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Posted 07 July 2016 - 08:48 PM

Hi all, thank you for the replies. The review I was reading are at: http://www.productre...p/shannons.html

 

The best from all the reviews were lsv but I will definitely have a look at NRMA thanks 2403Jam.

 

I will post photos shortly for everyone :)



#27 _Skapinad_

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Posted 07 July 2016 - 08:55 PM

They should stop insuring daily drives based on most of those bad reviews....

#28 StephenSLR

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Posted 07 July 2016 - 09:30 PM

I do recall reading on a forum (either this one or another) that since they expanded into house insurance, etc. the customer service has been more corporate and they treat you like a number, not to mention terrible phone service, being put on hold for a very long time before you actually speak to someone. Not my experience but when I read the title of that first review it brought back to mind what I'd read.

 

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#29 StephenSLR

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Posted 09 July 2016 - 08:43 PM

If you're on club rego you may want to take note, I just saw this on another forum and a member of the Corvette club has come foul of this already.
 
Just in from Council of Motor Clubs

COMPREHENSIVE INSURANCE & THE LOG BOOK SCHEME
We have been made aware via the CHMC (Bush Council) magazine, the Bush Telegraph, that there may be some issues with comprehensive insurance cover. Seems that some members contacted NRMA Insurance to check on their cover when using their vehicles on the 60 day logbook scheme trial. They say they were told by NRMA Insurance that if the use of the vehicle is not for hobby or recreational purposes then the cover in their policy is void. Stated that if it is for private use such as going to the shops or picking up children from school then there is no coverage.

The information above is second or third hand but from a reliable source in our opinion.
We contacted Shannons to check what their ideas were and we were told that if the vehicle is used within the rules of the registration system it is on, then the vehicle is covered by their policy.  They are monitoring the NSW claims coming in since the Oct 2015 introduction of the logbook trial to see if anything changes but, at this stage they see no reason to alter policies or premiums.

We suggest that if you have a policy with any other insurer apart from Shannons it might be a wise move to enquire about your cover.
Terry Thompson OAM
President, Council of Motor Clubs Inc

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#30 _LXJET_

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Posted 11 July 2016 - 05:49 PM

Thank you everyone. I got my agreed value with Shannons with everything I wanted including being covered in transport in an accident. Accidental damage by tow company isn't covered however which I didn't like.






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