Thread: Insurance recommendations ?

I have S1 &BMW insured with Shannons, & brother has his BMW race car with them also . Brother had his Mk 2 Jag with them when it got written off , had his money within the week plus the wreck. Booth my cars have agreed value insurance & the premium was cheapest I could find.

Lots of people use Shannons, I switched away from them and made a big saving on my Defender, plus at the time Shannons wouldn't insure for the agreed value I wanted.
I use RACV Classic, seems RACQ also offer Classic Car Insurance (probably through the same 3rd party).
Classic Car Insurance - Enthusiast Insurance - RACQ

Might be worth a phone call.


Colin

I dont think you get to keep the wreck as a right with RACQ Classic unless its more than 30 years old. From memory Shannon's you do.

Cheers

Originally Posted by ozscott

I dont think you get to keep the wreck as a right with RACQ Classic unless its more than 30 years old. From memory Shannon's you do.

Cheers

With RACV I think it was 25 years to get automatic 'right of salvage'.
You have to pay for it but always get the option to buy the wreck. Worthwhile checking when getting quotes.

Colin

I have all my old vehicles insured with Shannon’s.

I also have all my old vehicles insured with Shannons as "modern vehicle" insurance companies do not seem to have the type of cover required - and that includes the Classic coverage of companies like NRMA.

Conversely, I have found Shannons are no good for normal non classics like my RRS - too expensive - they even told me on the phone "modern" normal vehicles are not their thing.

Garry

Shannons may not be the best choice.

I got a quote today for my wife's 2009 Forester Turbo ($17,900) (due next month)
Shannons $1,072
AAMI $697 (current insurer)

and I got quotes for my motorbike 2007 Yamaha XJR1300 ($6078), too.

Shannons (current insurer) $221 for Extreme Limited use, i.e., 24 times a year, $256 for limited use (twice a week)
AAMI $259 full comprehensive, no limit on use. I think I'll be changing (it's due next month)

But Ron that is to be expected - Shannons are a "classic" insurer and there is nothing you have there that is classic.