Seems resonable.....
What does redbook say?
Hello Folks,
Since I've had Matilda, I took out Shannon's motor insurance. They offered me a good price to insure Grover, my 07 Puma.
Now - I have a lot of accessories - bull bar, towbar, roof rack, drawer system, snorkel, etc - and Shannons have offered an agreed value of $45,000.00.
Does that sound fair, do you think? I know I would want more if I had to sell it but vehicles all depreciate too. For what it is worth, it is currently insured by 4WD Australia for market value, which they actually cannot put a firm figure on.
So I'm thinking of swapping to Shannons - hows 45k sound for a 2 year old Puma with lots of gear? Or should I try to press for a greater value?
2007 Defender 110
2017 Mercedes Benz C Class. Cabriolet
1993 BMW R100LT
2024 Triumph Bonneville T120 Black
Seems resonable.....
What does redbook say?
No, that's OK Paul
Now - Redbook reckons between $32,500 and $36,000 for my year/model - these valuations don't take into account any accessories or condition, which I'd have thought would have a bearing on price. I would have thought the Redbook price range appears low.Still, makes Shannon's offer of $45,000 seem pretty good.
Anyone else have a comment?![]()
2007 Defender 110
2017 Mercedes Benz C Class. Cabriolet
1993 BMW R100LT
2024 Triumph Bonneville T120 Black
have your accessories listed - good incase anything happens to them.
Hercules: 1986 110 Isuzu 3.9 (4BD1-T)
Brutus: 1969 109 ExMil 2a FFT (loved and lost)
I'd read somewhere on this forum that Shannons don't cover off road use; it might be worth getting clarification on this
Most tracks are marked "roads" but if you drown it fording a creek & they reckon that wasn't a road, then you'd wish you'd gone with someone else
Let us know what they say, just to clarify it
Sounds like good cover you've got there Dan.
What insurers sayeth to get the business, and what they do in the event of a claim may be two different things...
ANywhere in Oz is fine, but if it is off the beaten track, it better be written in the disclosure or policy document.
A desired agreed value might come at the cost of a higher premium and possibly XS....and they always manage to accelerate the drop in agreed value later on...
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