Lumley Special Vehicles

[Lurch]

http://www.lsvinsurance.com.au/

I recently had the 240Z insured through LSV - as they blew the Shannons quote out of the water...

I'm over 25yo, with a clean driving history.
Shannons quoted me $270pa, car valued at $12,000 with all the options.
LSV came back with agreed value of $23,000 (I wanted an agreed value over 20k) with all the options,
for... $150pa(!)

Highly recommended!

[RB30X]

Thats with club rego obviously?

[Lurch]

No - full rego & driven twice a week

[reverendzed]

That is excellent! I just insured the 260 with Shannons for 25K and that is costing me 380per year that is with full rego driving once per week.  I'll be calling Lumleys!
Rev.

[luvemfast]

Wow, that seems cheap.
Will be giving them a call also as I feel Shannons have now turned into a corporate montser.

[NZeder]

That is cheap

Here in NZ once a car is 40 years old it can be registered as vintage and the rego each year is much less so maybe Lurch's early girl gets a sim deal from the insurance companies as it is now 40 years old

[Lurch]

I have the PDF file here detailing my policy - I can email it if anyone wants?

[stevo_gj]

Lumley are 25+ btw so only for the old fellas

[Lurch]

Lumley are 25+ btw so only for the old fellas

Old fella? Who you calling 'old', you young whipper snapper?!

[Quandary]

Shannons just only today valued my 260z at $12k.  A bit odd they valued your 240z the same, was it inspected or just an on the spot / by the book estimate?  Definitely going to check out these LSV guys, already applied for a quote online.

[Lurch]

Mine was just an on the spot thing with Shannons.
Generally speaking, Shannons go off the purchase price for the agreed value. If you want a larger agreed value, they want to inspect it in person.

[RB30X]

And they have no dramas with modifications?
 
I thought my Shannon's quote was good considering not much on mine is factory.

[aegean]

Until 2007, I would have agreed with you. However, I had a flood damage claim with LSV in December 2007 (if you recall the Melbourne storms on December 19 I think it was) and I had 7 cars in storage semi under ground. End result - the water came half way up the doors. It is now (almost) June 2010 and the claim has still not been resolved, and I have just informed them that I am going to take the issue to the Financial Ombudsman Service. So, I would be very careful about buying insurance on price alone.

[Lynton]

Interesting, I had my S15 insured with Vigil before LSV took them over and after 9 years and no accidents (I also have my 260Z insured with them as well) then just out of the blue they would not insure the S15 as it was not the type of car they wanted to be associated with were the words I was quoted!!
So now I have insured the S15 with Shannons no problems and in November when my insurance comes up for renewal on the 260Z that is where I will insure the 260Z also and I am an older guy.
I can't fathom it, LSV gets no points from me? Lynton

[aegean]

I was also with Vigil before Lumley's took them over. Talking about values, I recall (when it was Vigil) I wanted to insure my recently restored 1955 Mercedes 300b. I requested a value of $65,000 and they responded by saying they would insure it for $40,000. I responded that it would be a shame to lose all the other vehicles because of one, and they promptly changed their mind and gave me the valuation requested.