Shannons Insurace

[Redrum]

Best to speak to Shannons via phone for quote, or even better, speak to run of their reps at a show.

[merlin]

I always hear good things about them but the two times I have rung them they wouldnt even insure me, despite a perfect record, ect ect. First time was because the car I wanted to insure wasn't "a classic" (this was the early days of their business though). Second time was for a sportsbike and they wouldnt insure me as I said I rode it every day. They said it must be garaged (it was) and only used occasionally on weekends ect - Meh I use my toys all the time - The impression I got (hey it may be wrong) was that their idea of an "enthusiast" is someone who looks at their toys and dosn't play with them.

[Redrum]

Originally Posted by merlin

I always hear good things about them but the two times I have rung them they wouldnt even insure me, despite a perfect record, ect ect. First time was because the car I wanted to insure wasn't "a classic" (this was the early days of their business though). Second time was for a sportsbike and they wouldnt insure me as I said I rode it every day. They said it must be garaged (it was) and only used occasionally on weekends ect - Meh I use my toys all the time - The impression I got (hey it may be wrong) was that their idea of an "enthusiast" is someone who looks at their toys and dosn't play with them.

That is strange, both my wife and my daily drivers are insured with them as is the house and contents.

[braddeicide]

They wouldn't insure me because I just bought a Pursuit and my last car was a 4 cylinder pulsar. Come back in a year once you've proven you can handle a V8 he said. : Track days at oran park and rally school didn't count, he wanted to see on road experience.

Going off online quotes GIO came out cheaper and didn't have the, umm, speeding ticket restrictions No idea what GIO would think about a flash tune and exhaust though...

[RG]

Originally Posted by braddeicide

They wouldn't insure me because I just bought a Pursuit and my last car was a 4 cylinder pulsar. Come back in a year once you've proven you can handle a V8 he said. : Track days at oran park and rally school didn't count, he wanted to see on road experience.

Going off online quotes GIO came out cheaper and didn't have the, umm, speeding ticket restrictions No idea what GIO would think about a flash tune and exhaust though...

GIO aren't too bad with mods but they'll try to screw you when it comes time for them to pay up.

[Falchoon]

Originally Posted by Falchoon

Shannons policy was roughly double the price of NRMA on my XR6T but about the same, could of even been a tad cheaper on a Typhoon. There has been some recent discussion in FPV & XR Owners Club of ACT forum

With all this recent talk of insurance and my car becoming increasingly modified I decided to go back to Shannons and see if anything had changed since I last got a quote in 2005. To my surprise their premiums have come down significantly, within a few $$ of NRMA now. Only downside is their low valuation of 2002 BA XR6T - only $30K with mods! NRMA values it at $32K without any mods. Shannons reckon you can pick up XR6Ts for $20K now. Maybe rough ones at ex-govt auctions (or eBay) but not immaculate low km one owner ones like mine. My insurance is due to run out in June so I will probably switch over to Shannons then if I can negotiate a higher value.

[Redrum]

Originally Posted by Falchoon

With all this recent talk of insurance and my car becoming increasingly modified I decided to go back to Shannons and see if anything had changed since I last got a quote in 2005. To my surprise their premiums have come down significantly, within a few $$ of NRMA now. Only downside is their low valuation of 2002 BA XR6T - only $30K with mods! NRMA values it at $32K without any mods. Shannons reckon you can pick up XR6Ts for $20K now. Maybe rough ones at ex-govt auctions (or eBay) but not immaculate low km one owner ones like mine. My insurance is due to run out in June so I will probably switch over to Shannons then if I can negotiate a higher value.

I am pretty sure you can go an agreed value, may mean a slightly higher premium though.

[EL XR8]

You can negotiate a higher agreed value for your car.
But a 2002 XR6T standard isn't worth 32k, so I can understand how Shannons would only insure it for 30k. Unless you tell them the mods that you have done, they wouldn't know how much you've poured into it.

So has anyone with modifications ever had to make a claim. I'm meaning mods like blowers, etc...

[GT]

I moved to Shannons 3 weeks ago. After a couple of phone calls, them receiving email photos of my car, they agreed to insure it for $18,000 more than the current market value - to cover all the work I have done to it.

They were fantastic to deal with and I think the premium was very good (twice what I used to pay before mods) considering what I am asking them to insure.

GT

[Jason[98.EL]]

i to have been looking at shannons and all i can say is

they have my buisness

i have agreed value on my 98 el of $9000.00

and the premium is only slightly dearer than my now old insurer

im glad to have them available to us that like to mod our cars

jason

[OED666]

I might be going to shannons in the coming months.

got a quote the other day, $880 fully comp... bit exy, but no questions to insure my car for 10k. They would also insure my wifes std barina, and at the same price NRMA charge.

[b2tf]

Originally Posted by braddeicide

They wouldn't insure me because I just bought a Pursuit and my last car was a 4 cylinder pulsar. Come back in a year once you've proven you can handle a V8 he said. : Track days at oran park and rally school didn't count, he wanted to see on road experience.

Going off online quotes GIO came out cheaper and didn't have the, umm, speeding ticket restrictions No idea what GIO would think about a flash tune and exhaust though...

I find that a bit odd, I went from 4cyl Ford Focus to modded XR8 and they had no problems at all.

[fordxrtfan]

I rang Shannons today looking for a quote for our XR6T as it should be arriving within 2 weeks. They were really helpful and had no problems with the mods we are planning and will insure at an agreed price with free windscreen and everything. Got 2 quotes actually, one for daily driving and one for weekend use, just have to check with hubby how much he thinks we will be driving it, but both were really good prices.

[LTD Ute]

Just got a written quote from Shannons for my daughter's car.
She's a P plater and turns 19 in October this year. ( and I've got a shotgun!!)
The car will be in my name, I've got a few with them, but with her as the main driver.

1996 Honda Civic agreed value - $8000, full comprehensive -

$880, can pay by the month, and guess what?

She gets Rating 1 !! For real !!

I rang them and was a bit sceptical, so I asked them to put it in writing,
they have and the quote is valid for 12 months.

This will make 4 cars and two properties with them,
just need to convince my two other daughters to buy their OWN cars
and stop using mine.
Will.

[braddeicide]

Originally Posted by braddeicide

They wouldn't insure me because I just bought a Pursuit and my last car was a 4 cylinder pulsar. Come back in a year once you've proven you can handle a V8 he said.

Rang back and talked to someone else and was accepted He didn't know who Rob was, but i'm happy anyway.

[braddeicide]

Oh, shannons was ~$1700 with no mods, and possibly up to $1880 with an exhaust and flash. Suncorp got down to $1650 including exhaust and flash. Then down to $1570 when i got contents insurance... hmm, go with the specialists or the cheapist???

[Fordmeister]

I always used Shannons to insure my XB GT - they were good but keep an eye on your yearly renewal as I found they hiked them up! But then I called them and told them some other quotes (legit ones) from other classic insurers and they always came to the party...........

[RG]

Originally Posted by braddeicide

Oh, shannons was ~$1700 with no mods, and possibly up to $1880 with an exhaust and flash. Suncorp got down to $1650 including exhaust and flash. Then down to $1570 when i got contents insurance... hmm, go with the specialists or the cheapist???

Shannons, just because if you have a prang you get to choose which repairer you take it to.

[Dimi_Ghia]

Thanks to this thread, Shannons got back in contact with me to see what the reason could have been for them not getting back to me with a quote.
They were VERY helpfull and is now sorted.
I am now transferring all 3 of my cars to them.
They were much cheaper than RACV and their agreed value was fantastic. Will also get a discount as I will have more than one car with them.

[4bbl]

shannons insure my hayabusa at the cheapest rate i have found and are the only ones to touch my v8 xf ute fairly cheap as well just went up to one of there stands at a car show , week later had my quote. good value, but they wound not insure my brother inlaw because he is under 20 nor another one of my mates because he does not keep his vehcle garaged.

[merlin]

I don't get Shannons - just rung them for a quote yesterday on a WRX - they were by far the most expensive of the 5 companies I got quotes from and asked the most stupid questions (how many performance cars have you owned previously and what were they? How many online forums are you a part of? WTF how is this relevant to the price of milk???).

OK then I thought, I will try my bike as well - "How often do you ride it sir, oh more than once a month, thats not good blah blah blah" I'm sorry you only seem to insure cafe racers who prefer to look at their toys than ride them - real enthusiasts there.

Anyway as usual I found AAMI to be the cheapest (though QBE was very good too), friendliest and I have never had a problem with them, not to mention you get a 70% no claim bonus for life regardless of any accidents and they would insure the car for $30,000, Shannons only $25,000.

Shannons your prices are simply not competitive anymore (and before anyone asks, perfect driving record, no claims, accidents, 10 years driving/riding experience, over 25 and max no claim bonus).

End rant.

[XR.Turbo]

I've had nothing but trouble with Shannons insurance on my last three cars.

I've never claimed on a accident, no fines or anything, over 21 (and more recently with the S14a over 25)

For 2 of my cars (EF Fairmont Ghia 5.0, S14a 200SX) they wouldn't even give me a quote.

They danced all around the topic with some rubbish about 'have you got any other quotes?' To which I answered 'yes $xxx' before I even got a chance they said they wouldn't even be able to beat them' and wouldn't go any further.
I didn't even want to have them beaten, I would have much rather gone with Shannons for other reasons that $$. Its worse than a job interview on the phone with them : :

I have tried to get quotes for my other cars too, to which the poeple on the phone are pure tools- Just my expierence, and I'm definately a nice guy on the phone!

Didn't even bother attempting to get a quote for the XR6T

[bingoTE50]

I wanted to insure with Shannons , but they do not insure for business use. I ended up insuring with someone else for market value , which is a fair bit less than I paid . I was not prepared to jump through hoops for an agreed value .

[Smoke Pursuit]

Yeh shannons are weird.... I didnt bother with them in the end, it was too hard.

[Silver Ghia]

I've been with Shannons for well over 15 years with my classic cars, and more recently with my daily car.

In the past they specialized in the classic and modified cars only, not so much current production cars, and I think this is still the case to a certain extent. Thats why I think some of you had/have trouble getting a reasonable premium for your more modern production cars.

They accepted my Ghia only because of my other two classic cars being insured with them already. They matched the price of my then current policy, then applied the discount because of my other two cars.

I wouldnt be with anyone else.

[b2tf]

Originally Posted by merlin

I don't get Shannons - just rung them for a quote yesterday on a WRX - they were by far the most expensive of the 5 companies I got quotes from and asked the most stupid questions (how many performance cars have you owned previously and what were they? How many online forums are you a part of? WTF how is this relevant to the price of milk???).

OK then I thought, I will try my bike as well - "How often do you ride it sir, oh more than once a month, thats not good blah blah blah" I'm sorry you only seem to insure cafe racers who prefer to look at their toys than ride them - real enthusiasts there.

Anyway as usual I found AAMI to be the cheapest (though QBE was very good too), friendliest and I have never had a problem with them, not to mention you get a 70% no claim bonus for life regardless of any accidents and they would insure the car for $30,000, Shannons only $25,000.

Shannons your prices are simply not competitive anymore (and before anyone asks, perfect driving record, no claims, accidents, 10 years driving/riding experience, over 25 and max no claim bonus).

End rant.

As I have posted a fair few times now I am with Shannons and very happy, however it's not an uncommon thing to hear these sorts of stories. I do know a rep of theirs pretty well and from what I gather, the reason they ask you how many forums you use/how many cars etc is to gauge your level of enthusiasm for the car. Think of it this way - if you're a car nut and love your car, you're far more likely to look after than your average joe who doesnt care, and to them, that means you're probably a better choice to insure. In my situation, Im 21, own an XR8 ute - most companies wouldnt touch me cos they would instantly think "hoon" - Shannons insure me, and they know that I look after the car as if it was a child.

Sounds silly but thats just the way I interpret it.

Re not being able to get quotes etc, by far the best way is to hit up a rep at a car show etc. Shameless plug here, but Shannons always attend Wagga All Ford Day, as well as Peter Warren Day in Sydney, and Im pretty sure the ACT Show and Shine. If you can, get to one of these events, take your car, give the rep a look, and see how you go.

[mustang70]

[QUOTE=Silver Ghia.

I wouldnt be with anyone else.[/QUOTE]

have you ever made a claim??
i am still waiting on my mustang to finish repairs, stolen and recovered early november last year, used their recommended repairer (oh sorry 'suggested' repairer i was corrected by phone staff recently), they had the car for months, completely stuffed it, went back, stuffed it again, its now getting repaired properly at a competent place that i took it to, have enquired twice about why i have been paying insurance premiums for the last 7 or so months and was told 'well its still fully insured' gee how great, that'd be nice if i could drive it. asked if the wasted insurance for all this time might be reimbursed and told no, was told i 'could have put it on laid up cover' but i didnt know about laid up cover and was not told about it.

add to that they've now hiked up my premiums and significanly changed the conditions of insurance. I can no longer keep the car at my current residence,so i've gotta move or find another insurer. have not been helpful on phone in regards to these matters.

my assesor seemed to sulk and didnt call me for nearly a month after i suggested that when i got the car back the second time and it was FILTHY,still ran rough, had white paint on it (red car) and more, that perhaps he should have gone and checked the vehicle as he said he would. despite knowing that i was very unhappy with the repairs and service he didnt call for 3 weeks or a month, i called him the other day and it rang out,i assume he was dodging my call as he didnt call back.

still got many issues with the quality of repair, the brakes are really rubbish since stolen, the panel work done is poor. trying to decide whether to push for it be be done properly as i've been so long without it already, or whether to give up and do it myself.

i could go on for pages.
all i can say is they seem to offer alot and deliver little.

not happy at all with them

everyone i talk to that seems happy with them hasnt actually made a claim.
will be soon submitting a formal complaint to them about the whole affair, which is still not over and if i am not compensated somehow and my insurance returned to the original conditions then you'll be reading alot more about this on this forum.

and yes i know that 'shannons' didnt do the dodgey repairs but they recommended (oh sorry 'suggested') the repairer and it was their responsibility to check and accept the quality of repair,and to follow up that it is done in a timely manner.

EDIT - i have been hesitent to post too much about this forums but i would like others to know its not all that rosey if you dare make a claim after having your car stolen (something which is completely not your fault)

scott

[Silver Ghia]

Originally Posted by mustang70

have you ever made a claim??

Sorry to hear about the problems you've had with the repair to your Mustang. Obviously it was the wrong place to take it to, and that they should've recommended a better repairer.

However I know if it was one of my classic cars, I already know who do good restoration or repair work on my types of cars, seen their work, and have heard that other club members have had good experiences with them. I would never take it to a place I didn't know about, or haven't been recommended by club members.

I have made a no-fault claim with Shannons with my Ghia last year. See my Post #31. Excellent service, and the assessor was a guy who I could actually ask questions to and got straight answers. They also didnt quibble with the repairers quote.

[mustang70]

glad you've had a better experience,what really hurts is 'being kicked while your down' . the cars not even finished and they tell me to reinsure i cannot keep it at my own house anymore (no lock up garage) funny how it was ok to insure under certain conditions once apon a time but now that it has cost them money things change.

[Redrum]

Originally Posted by mustang70

glad you've had a better experience,what really hurts is 'being kicked while your down' . the cars not even finished and they tell me to reinsure i cannot keep it at my own house anymore (no lock up garage) funny how it was ok to insure under certain conditions once apon a time but now that it has cost them money things change.

Mustang

I am very happy with Shannons and the claim I made with them was looked after superbly. This was despite the fact at the time I made the claim I was not a Shannons customer and now I am.