Jump to content


Photo

Lumley Special Vehicles


  • Please log in to reply
29 replies to this topic

#1 Lurch ™

Lurch ™

    Curator of the 'Gavin Collection'

  • Members
  • PipPipPipPipPipPipPip
  • 5,607 posts
  • Location:Victoria
  • Tagline:In my Den of Rust & Sin

Posted 29 May 2010 - 11:28 PM

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!

#2 RB30X

RB30X

    The 1000+ club

  • Members
  • PipPipPipPipPipPip
  • 1,981 posts
  • Location:Gladstone QLD

Posted 30 May 2010 - 01:10 AM

Thats with club rego obviously?

#3 Lurch ™

Lurch ™

    Curator of the 'Gavin Collection'

  • Members
  • PipPipPipPipPipPipPip
  • 5,607 posts
  • Location:Victoria
  • Tagline:In my Den of Rust & Sin

Posted 30 May 2010 - 08:19 AM

No - full rego & driven twice a week :)

#4 reverendzed

reverendzed

    The 1000+ club

  • Members
  • PipPipPipPipPipPip
  • 1,717 posts
  • Location:Gold Coast QLD
  • Tagline:I'm Dave & Yes! I'm a real Revhead..er Reverend...

Posted 30 May 2010 - 09:08 AM

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.

#5 luvemfast

luvemfast

    The 2000+ club

  • Members
  • PipPipPipPipPipPipPip
  • 4,124 posts
  • Location:Melbourne

Posted 30 May 2010 - 10:20 AM

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

#6 NZeder

NZeder

    The 2000+ club

  • Members
  • PipPipPipPipPipPipPip
  • 2,291 posts
  • Location:Auckland, NZ

Posted 30 May 2010 - 11:19 AM

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

#7 Lurch ™

Lurch ™

    Curator of the 'Gavin Collection'

  • Members
  • PipPipPipPipPipPipPip
  • 5,607 posts
  • Location:Victoria
  • Tagline:In my Den of Rust & Sin

Posted 30 May 2010 - 12:56 PM

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

#8 stevo_gj

stevo_gj

    The 1000+ club

  • Members
  • PipPipPipPipPipPip
  • 1,561 posts
  • Location:Brisbane
  • Tagline:Steve

Posted 30 May 2010 - 02:08 PM

Lumley are 25+ btw so only for the old fellas ;)

#9 Lurch ™

Lurch ™

    Curator of the 'Gavin Collection'

  • Members
  • PipPipPipPipPipPipPip
  • 5,607 posts
  • Location:Victoria
  • Tagline:In my Den of Rust & Sin

Posted 30 May 2010 - 02:28 PM

Lumley are 25+ btw so only for the old fellas ;)

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

#10 Quandary

Quandary

    Advanced Member

  • Members
  • PipPipPip
  • 155 posts
  • Location:Brisbane

Posted 30 May 2010 - 02:38 PM

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. :)

#11 Lurch ™

Lurch ™

    Curator of the 'Gavin Collection'

  • Members
  • PipPipPipPipPipPipPip
  • 5,607 posts
  • Location:Victoria
  • Tagline:In my Den of Rust & Sin

Posted 30 May 2010 - 02:49 PM

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.

#12 RB30X

RB30X

    The 1000+ club

  • Members
  • PipPipPipPipPipPip
  • 1,981 posts
  • Location:Gladstone QLD

Posted 30 May 2010 - 04:21 PM

And they have no dramas with modifications?

I thought my Shannon's quote was good considering not much on mine is factory.

#13 aegean

aegean

    Advanced Member

  • Members
  • PipPipPip
  • 333 posts
  • Location:Sydney

Posted 30 May 2010 - 04:29 PM

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.

#14 Lynton

Lynton

    Senior Member

  • Members
  • PipPipPipPipPip
  • 537 posts
  • Location:Sunshine Coast Queensland

Posted 30 May 2010 - 04:36 PM

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 :o

#15 aegean

aegean

    Advanced Member

  • Members
  • PipPipPip
  • 333 posts
  • Location:Sydney

Posted 30 May 2010 - 04:41 PM

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.

#16 Lynton

Lynton

    Senior Member

  • Members
  • PipPipPipPipPip
  • 537 posts
  • Location:Sunshine Coast Queensland

Posted 30 May 2010 - 04:44 PM

Yes  I did do the same they didn't check their records to see what other cars you have.
But their quote was non competitive. LSV lost me I am afraid! 8)

#17 RBZ 260

RBZ 260

    The 1000+ club

  • Members
  • PipPipPipPipPipPip
  • 1,174 posts
  • Location:Adelaide
  • Tagline:S chassis Nutter

Posted 31 May 2010 - 09:49 AM

Lumley?

#*%&@(%@(*  %(#@^%)$#    @^)($#@_()@%    (@)$#%*@$#^    (*)$#^(^$)
%$*#(@    %$(#@)($#@_    >:(  >:(  >:(

im sure aegean can explain more.

i rather walk than deal with them.

#18 Lurch ™

Lurch ™

    Curator of the 'Gavin Collection'

  • Members
  • PipPipPipPipPipPipPip
  • 5,607 posts
  • Location:Victoria
  • Tagline:In my Den of Rust & Sin

Posted 01 June 2010 - 09:19 PM

Geeze, thanks for making me nervous guys.
Now I'm having second thoughts...  :-\

#19 aegean

aegean

    Advanced Member

  • Members
  • PipPipPip
  • 333 posts
  • Location:Sydney

Posted 02 June 2010 - 05:02 AM

Don't mean to make you nervous - I can only relay my experience. To take it one step further, I emailed my Lumley contact for the unresolved claim early last week, with a follow up late in the week, and another yesterday following my intention to take it to the Financial Services Ombudsman - in the hope that they would see sense and take some action, and, guess what - no reply ! Now I can't say for sure that the guy is there, but you would think that if he were out of the office on a course, or whatever, that they would have an automated system that replies with an out of office message. I will be calling them tomorrow.

#20 RBZ 260

RBZ 260

    The 1000+ club

  • Members
  • PipPipPipPipPipPip
  • 1,174 posts
  • Location:Adelaide
  • Tagline:S chassis Nutter

Posted 02 June 2010 - 02:31 PM

sounds exactly what im going through aegean. different state different case and different people but same outcome.

Lurch u got PM .





0 user(s) are reading this topic

0 members, 0 guests, 0 anonymous users