Insurance Company Recommendations

[V AR 164]

Hi all,

Insurance is coming up soon and I am after a few suggestions from members who own cars on club permits.

Currently, I have the 164Q insured with Shannons, however, are a bit pricey for how often the car is driven. Plus my agreed value is a tad low for my liking.

I have heard that RACV offer a classic car insurance service that cost around $100 and was wondering if anyone has any experience with them?

If not, are there any other insurance places that are worthwhile to have a look at? Gonna do a ring around tomorrow but wanted to ask for some opinions first.

Much appreciated!
Andrew.

[kaleuclint]

Why not give Shannons the opportunity to requote, Andrew?

My H-plate policies for limited use are very reasonably priced and I set my own agreed value.  Premium for the 159 is another matter!

[lombardi]

My 74 spider has classic cover from nrma , believe it or not they where the cheaper option , nearly half price to shannons

[Italian Supermodel]

Hi Andrew,
I'm thinking Shannons,and most likely any other insurer out there,  have jumped on the scales with their 'risk assessment ' and think there needs to be a premium paid by an 18 year old male driving a 3 litre manual saloon (club plates notwithstanding).
What about putting it under dad's name?

[V AR 164]

Thanks for the suggestions guys. Yes I will give Shannon's another call and see what they can do.

Thanks for the tip Lombardi, will also check them out.

Of course I understand the premium of someone my age driving such car, I think currently it is under my father's name and do intend to keep it that way.

Currently I am indeed covered with an excess (can't remember exactly what it is), however I recall RACV could fully insure the car with me as a designated driver for a reasonable price.

I'll let you know how I get on.
Cheers.

[Joe Garra]

I'm with Shannon's, and very happy with their service.

[Maltalfisti]

I used to be with Aami for Comprehensive. Standard rego – it's my daily driver – so not on a club rego. Made one claim with them and they were great.

Then I jumped over to Qantas because they offloaded a stack of frequent flyer points as a signup bonus and they were marginally cheaper.

But today just got my annual insurance bill and I see it's gone up a bit. My understanding is that everyone's premiums have increased since the number of car accidents since Covid – less people out driving and practising and experiencing (or is that just BS?)

In any case, does $975 comprehensive for a 159 not on club rego sound average? Can I do better? Or do I suck it up, stop buying coffees en route to work and refinance the mortgage (lol)? 

[As the day goes]

I have been Lumleys Special Vehicles for 5 years.  Got it via club membership.  Have a diesel 159 and last renewal was less than $600

[GTVeloce]

I have both my GTV and 75 insured with Lumley Special Vehicles. Price is cheaper than Shannons and when I wrote off my old GTV a few years ago they were quick to sort things out. Both cars are on club plates. Happily recommend them.

[Maltalfisti]

I have been Lumleys Special Vehicles for 5 years.  Got it via club membership.  Have a diesel 159 and last renewal was less than $600

Via club membership – you mean your vehicle as club plates, or as a member of the AR Club here in Vic?

[GTVeloce]

Both. They give a discount to club members I believe and the price is also cheaper if the car is on club registration.