Topic: Comprehensive Insurance

[Frostyboy]

Just curious what others may pay. I made some enquiries about insuring the 550, Swann & InsureMyRide aren't interested in anything over 30 yrs old so I gave Shannons a call. I was flabbergasted when he told me that for full comprehensive cover & valued at $3,000 the annual premium is $49.50. I also get salvage rights if they write it off.
I'll have to wait for the paperwork to arrive to see what the excess is, but I couldn't get the credit card out quick enough when he told me that price.
I forget how much 3rd party property was, but it was heaps more than comprehensive.
He said Shannons want the old bikes/cars on the road. Suits me, 

[Edit] I got the paperwork in the mail. The excess is $100. Can't beat that hey?

[petercb750]

That doesn't surprise me, but it depends on usage, eg if it's on historic (club) plates and limited miles per year, where it's normally parked etc.
My 750 costs $60 and my 400 $50, with $100 excess and no theft excess.
I've never made a claim with them, but I hear they are very easy to get along with.

I guess it's so cheap cos us fanatics are pretty careful and look after our toys, and the damage claims are fairly few.
Peter.

[dave500]

shannons wont insure mine because its not locked in a garage.

[Frostyboy]

shannons wont insure mine because its not locked in a garage.

Bugger. 

[Kwality]

Yep - my 400f is with Shannons too!  Similar story.

[dave500]

i might give shannons another call,my hq premier is insured with them.