Post by minicamper on Aug 12, 2008 10:04:27 GMT 10
Further to the insurance threads that have featured on here over the last year, I have approached Shannons (because they were the most commonly mentioned) to consider a dedicated Vintage van insurance product that may be developed, tailored to our hobby, and not necessarily an extension to their classic car products.
Now this doesn't have to be a pro Shannons thread, but is rather intended, to show any company that looks here, that we are a large group of enthusiasts that need a product tailored to suit us that is competitively priced, has good features and benefits and is not too restrictive.
So please vote and voice your interest.
Would you consider "buying" an insurance policy (from whichever company offered it) that was tailored specifically for our hobby that is competitively priced, has good features and benefits and is not too restrictive?
I Have one car currently insured with shannons. $612 per annum to insure an $18,000 asset Have previuosly had other cars and approx 5 vintage motorcycles insured with Shannons.
Most of the bikes have been on NSW Historic registration therefore also qualified for NRMA vintage and veteran insurance.
Like any other form of insurance ( house, third party green slips in NSW) i usually ring around and play one against the other to get the best price. All have salvage rights ( you keep the wreck) clauses and provide cover on a sliding scale. I have in the past insured $10,000 bikes for as little as $88.00 with NRMA.....and $6000 bikes for $68 with shannons. again they base that fee on limited use. Club events only.
Things all change when you declare that the car /bike is fully registered and will be driven more than 5 or 8000k a year. hence the $612 .
Cant help but think we may be able to get a better deal if Chris was to play one company against others. I know NRMA is a NSW based insurance Co but i get the feeling that if they knew there was an opportunity to gain our business they might be able tailor an insurance package that would be comparable to Shannons. Same applies to AAMI. No one likes to miss out on business .
Cant help but think that if Chris was fortunate enough to broker a deal with shannons and the rest of the insurance world was to find out , then we may see a few of these other insurance co's pull thier head out of the sand and realise that we are not such a minority group nowadays
It is obviuos that everyone will vote "yes" to a cheap comprehensive insurance package for thier vans. No one likes paying big bucks for something that may not be used in the next 12 months. On the same token .. we dont like running around with our vans uninsured and being frustrated by insurance co saying our vans are too old/ too great a risk to insure.
Minicamper just needs to launch a good arguement for us with the insurance companies and once he has achieved acceptance that we do exist and require insurance for our vans ....... Then find out who is gunna offer the best deal.
I have 4 vehicles with Shannons......no disputing their excellent cover and their immediate response with the couple of claims I've made (windscreens).
I can understand their (and possibly other companies) reluctance with caravans as per Reddo's comments.....I guess the question is, are we looking for 3rd party property damage only or fully comprehensive. My biggest concern has always been with the possibility of damage/injury to a third party and I was of the understanding that if you are towing a legally registered trailer, boat, caravan etc in roadworthy condition that any 3rd party coverage that you had on the towing vehicle automatically covered what was being towed. Maybe this can be clarified by someone more qualified than me.
I know in a past life when I had older vehicles insured with the SGIO of WA, they would only insure any vehicle over 25 years old after an inspection by one of their assessors. Maybe Shannons (and others) could look at a similar arrangement with caravans. (Unfortunately, this leads again to the dreaded question of VALUE, but we won't go down that path again, will we!! )
I'm not going to get stressed over all this, but will vote anyway.
Alcohol may not solve your problems, but neither will water or milk
Reddo, i too have been an insurance hussy for years and have been through many companies for my regular road cars. Like many others here, i have been a customer of Shannons for some time and as my car collection has grown , i have found them to be very reasonable. Once upon a time i was bothered by their restricetd use policies, so avoided them, but now, with more cars than there are days in the week, i can no longer really exceed some of the limited use scenarios.
I approached Shannons with two aims in mind, one to settle once and for all whether they do or do not insure old vans (they do) and two, to get something that suits us specifically.
In most cases they have been competitive when i approached them and expec them to be again. If they play ball and then other competition then joins is, the better for everyone, but, i won't actively be trying to screw them down on price. Individuals can do that themselves. Baring in mind each of us needs to be assessed individually and therefore $$ will vary. I have been a rating 1 since i was 21 and always hated being grouped in with the statistics under 25.. Sometimes now, i wish i was.....
If you are talking to any VVers, please encourage them to vote and or comment here, it only adds to our case.
SHANNONS - Tally so far 33 cars with 7 people!!!! See what I mean?
I understand what you are saying. 33 cars with 7 people means that we are throwing a bit of business thier way but.... It may not be enough to influence /convince Shannons that they should broaden their policies to include Vintage caravans.
The poll is showing that we would be willing to take out a policy with an insurance co that offers us a comprehensive policy at a good price. I think we more or less knew that before the poll started. We just have to use the statistics to Show Shannons ( or any other insurance co that sits up and takes notice) that thier is an untapped market out there and an opportunity to make a few bucks from us vintage van punters.
Post by atouchofglass on Aug 15, 2008 6:31:17 GMT 10
I'm sure Shannon's or what ever insurance company reads this has the intelligence to see that the poll is just the tip of the iceberg. While the more dedicated/enthusiastic will poll, the rest will follow as they realise the availability of an insurance policy to suit their needs.
Added to that eventually other insurance agents will get the idea and try to jump on the van wagon so to speak
Just getting it started will make it of interest to other insurance companies and eventually cheaper as an insurance policy.
Competition will keep the price reasonable as it always does Then it is up to the most competitive and motivated insurer to keep the punters happy....
Do we have an insurance agent who is a van enthusiast/nutter like us? Now that would be helpful!!!!!
Post by minicamper on Aug 20, 2008 11:06:55 GMT 10
Guys, i am in Perth for work this week and had decided to give them a week to do something. I'll be following up by email shortly and then by phone if i don't get any satisfaction. I'll let you know when i hear anything (or not for that matter)
( i may get Mark to send a generic message to all members to encourage them to vote to help reinforce the message)
Just to back up Chris's appeal for forum members to vote.........for a subject that has created so much quandry & comment over the past 4 years, yet only 27 people out of (supposedly) 800 odd members isn't a big percentage to take an argument to any prospective insurer .
The alternative is that maybe it isn't such a big issue afterall and minicamper's efforts will have been a total waste of time
Remember, it isn't compulsory to make a comment to vote!!! (although you do have to be logged in). Just hit the "yes" or "no" button............it ain't rocket science ;D ;D ;D.
As an aside, this poll may indicate the actual number of active members who are on the site
Alcohol may not solve your problems, but neither will water or milk
Hi All We found a good deal with MHIA, double the cover we had with GIO and much better than offered by NRMA for our fabuglass Olympic Contessa. All that MHIA requested was some photos of the exterior and interior with written description and how much you wished to insure it for. Do not under insure -- Cost to replace van, awning/annex, contents added together. In our case -- Caravan Agreed value $14700 ,Annexe $1800, Contents $3000 and a premuim of a little over $300. Based at Central Coast NSW Ph. 1800 676 700. I hope this info is of some help on this subject, as we had trouble getting insured for reasionable value prior to MHIA. Cheers boblor
I know I've said it before, BUT we dont have anywhere near the number of active members on this forum than the membership number indicates.
Here we are, 3 days short of the month the administrator has allowed before contacting the non agreeing members, & only 146 have agreed. Not a real big percentage of the 830 presently on the membership list. Even if a lot more agree, it shows that only 17.5% have agreed to Marks new conditions in the first month.
Whether the rest agree ( unlikely) or dont use the forum on a regular basis or at all (most likely), is irrellevant.
But we cant go to an insurance company as a group boasting of 830 members, if in reality there is less than 250 evenly vaguelly active.
Post by minicamper on Aug 20, 2008 16:35:15 GMT 10
JBJ, the agreement only stops people from posting on the forum.
As can be seen from the posts, there are only a small number of the members who actually do post. The question is why they don't post. The fact that they do not choose to post does not necessarily mean they are either inactive or disinterested in an insurance product.
A considerable number of members contacted me directly when they were asked if they wanted to be added to the maps. Of all the people who asked to be added, a fair number of them don't regularly post. This is why i have asked Mark to broadcast a request to all the members.
Advertisers advertise to people who are potential customers and thats what i consider the "inactive" forum members to be. I know for a fact that the number of hits on the website and forum each day is in the thousands...
As far as the insurance companies are concerned, its not just the total number of members that represents a commercial opportunity. We have already shown that with less than a dozen members commenting, collectively we own around 40 cars and a multitude of caravans. Even if only 146 people actively use the forum, the potential at present and in the future is there for the taking for the company that chooses to make an effort.
I use to deal with Robert Shannon when he first started (on a business level, not a customer) and he wasn't the business size the company has grown to since his death. Big things can grow from small beginnings..
Post by minicamper on Aug 21, 2008 11:22:40 GMT 10
Hi Jennison and all other members,
Although i can sympathise with Jennison's experience, i would remind everyone, that my intent with this thread is to try and demonstrate to any prospective company, that we as a group are not being provided a service.
If successful, i hope we can end up with companies creating a product that currently doesn't seem to exist. As individuals you can assess for yourself whether its for you.
I would ask that members do not turn this thread into an Insurance company bashing excercise. I can empathise with Jennisons experience and i'm sure many people have had both positive and negative experiences with lots of different companies, but this thread has been forwarded to insurance companies to view as a representation of the interest in an insurance product, not dissatisfaction with their service, this has been discussed in other threads.
The catalyst was the dissatisfaction voiced by many, primarily with Shannons. They were my first point of contact and i have addressed this dissatisfaction with them.
G'dday Chris, i certainly agree with dedicated van insurance, but maybe i need to ring 'SHANNONS', & check with them as i have got my 'SKYLINE', caravan with them as well as the 'FORD LTD'. With this information 'SHANNONS' ,need to be asked why some members have their vans insured with 'SHANNONS' ,yet when members ring to get a quote for their caravans the 'SHANNONS', customer srevice rep says they don't insure vintage caravans, clarification on this would be a huge help. Kind Regards Brett
I have 4 cars with Shannon's, cannot talk high enough of them. A couple of years ago they allowed me to add my "P" plate son to one of my cars, at a price I could afford, no other insurance company would touch it. As for caravans, well I am not overly excited by the company that has the policy on mine, it is not vintage when I do finally lay my hands on a VV I will be looking to have it covered. Robert Shannon took on unique cars because they were cared for by enthusiasts surely v v caravans fit the same criteria.