Thread: 101 Insurance

Geez, no good mate. How long do you have to keep your nose clean before they will insure you?

Just for those that are interested I just updated my insurance with Shannon's as I've now got the 101 on club reg. Just under $284 per year with an agreed value of just under $30K. 1st option on the wreck should it be written off and a free windscreen each year. I'm going to put that one to the test shortly - see if they realise what they're up for. $500 excess.

Originally Posted by bacicat

Geez, no good mate. How long do you have to keep your nose clean before they will insure you?

Just for those that are interested I just updated my insurance with Shannon's as I've now got the 101 on club reg. Just under $284 per year with an agreed value of just under $30K. 1st option on the wreck should it be written off and a free windscreen each year. I'm going to put that one to the test shortly - see if they realise what they're up for. $500 excess.

SGIO only allow one infringement within the last two years for their classic cover, and Shannon's allow 4 in 5 years.

I got mine bundled in with a couple of bikes with Shannon's so it was covered when I shipped it from Qld and for fire and theft, think it was only an extra $30. I assume that it might be a bit more when it's on the road

Originally Posted by stuee

SGIO only allow one infringement within the last two years for their classic cover, and Shannon's allow 4 in 5 years.

Sounds like you've been a bad boy....

How long will it be before you meet that criteria?

Not directly relevant, but a couple of weeks ago I was renewing insurance on both the 110 and the 2a with NRMA. A very helpful lady pointed out to me that since I had the 110 comprehensive and the 2a third party only, I should change the 2a to "Classic, Vintage and Veteran", which requires the vehicle to be thirty years old, limited mileage per year, and you need to have another car, not on this.

I followed this suggestion, it is now comprehensively insured for $7,000 for 30% less than third party only. Undoubtedly helps that I have several other policies with them and have had some for twenty years.

John

The RACV in VIC have a 'veteran, vintage & classic' policy, I think the vehicle has to be 15 years old.
Put my Defender on a policy with them and made a big saving over Shannons plus they allowed a higher agreed value than Shannons would.

RACV farm it out to another insurer and having multiple policies with RACV doesn't reduce the Classic policy price (but it was still cheap, cheaper if you are a member). You do get roadside cover but automatic salvage rights don't kick in until the vehicle is 25 years old.

car insurance for veteran, vintage & classic vehicles - RACV


Colin

Originally Posted by bacicat

Sounds like you've been a bad boy....

How long will it be before you meet that criteria?

I've never really given speeding fines without demerit points a second thought until yesterday as I've never been asked about them for insurance purposes. I'm not sure why they take a different stance on classic cars over equivalent value modern cars.

Ill be clear in March next year for Shannon's but even if I go the route of my Wife or Father insuring it now, all drivers need to be listed and meet the same criteria. It looks like I'll go third party fire and theft until then and take extra precautions around securing the 101 when its not in use.

What about insuring in your wife's name?
Does WA allow registration in joint names?

Also try suncorp.