Insurance Time

**ozbox** · 04-06-2010, 09:25 AM

the problem is the market isnt up there like it was and to be realistic an hz sandman restored is worth 30k at the moment...insurance companies only go on the market that can be proven like auctions that are real...ebay prices or australian muscle car sales are not recognised.
ive got an hq 350 gts coupe which was seen and valued by shannons during the boom..85k was the best i could get even when there had been another sold for 100k and our car left the other hands down for originality...
just recently i rang shannons and lumleys to insure a comparible car and the best i could get was 65k..

and thats simply because of the market...

**HZSandman** · 04-06-2010, 12:45 PM

Seems like 30k is tops. Tried LSV and that was there top as well. Will wait for the quote now and see if they are cheaper than Shannons. I think they are all a bit behind in these things and that it takes a few years for their stats to catch up.

**hux454** · 04-06-2010, 07:10 PM

Originally Posted by HZSandman

Seems like 30k is tops. Tried LSV and that was there top as well. Will wait for the quote now and see if they are cheaper than Shannons. I think they are all a bit behind in these things and that it takes a few years for their stats to catch up.

G'day Mate,
I previously had my Sandman insured with Shannons for $25k for $350 a year last year. A mate of mine recomended I ring Lumleys. Had to send them pics but they agreed to insure it for $35k for $250 a year so I can't understand why they won't help you out as your car is the last & the best of them?

**HZSandman** · 08-06-2010, 05:47 PM

Hey Glen. I mentioned to LSV that they have a Sandman insured for $35 and they just said that market rates have fallen recently. Sounds like crap to me. I think it depends who you speak to on the day.

I'll be interested to see the quote which they still have not got to me a week later.

RACV (or NRMA in NSW) are only $172 if the car is on club plates. Combine that with an annual rego of $37 and it starts to look very appealing. I could save nearly $1000 a year just on insurance and rego if I change to club rego.

The new changes to club rego (log book for 90 days a year) are meant to come in this year.

**hux454** · 15-06-2010, 05:36 PM

G'day Mate,
Must have been lucky on the day when I rang them. Still can't work out how who copped a cheaper quote than me when your car shits on mine.

Originally Posted by HZSandman

Hey Glen. I mentioned to LSV that they have a Sandman insured for $35 and they just said that market rates have fallen recently. Sounds like crap to me. I think it depends who you speak to on the day.

I'll be interested to see the quote which they still have not got to me a week later.

RACV (or NRMA in NSW) are only $172 if the car is on club plates. Combine that with an annual rego of $37 and it starts to look very appealing. I could save nearly $1000 a year just on insurance and rego if I change to club rego.

The new changes to club rego (log book for 90 days a year) are meant to come in this year.

**Sandman75** · 16-06-2010, 01:23 PM

Hey Ian get that quote from LSV yet? My insurance with Shannons is up for renewal too, wondering if its worth giving them a call if the're rates are cheaper

**hux454** · 16-06-2010, 04:24 PM

Sandman 75,
Nice looking HJ, any chance you could post some pics for all of us to see?

**HZSandman** · 16-06-2010, 08:48 PM

Went with LSV in the end. Wouldn't budge on the 30K but the annual premium was only $143 compared to Shannons at $552.

That's on the assumption I only drive it around twice a month.

Give them a call Mandy. See if you can get more than 30k but don't settle for less.

**Sandman75** · 17-06-2010, 10:51 AM

Thanks, will give them a call and see what they can do! Don't have it insured for that much at the moment but have been meaning to up it, so now is the time to do it I guess.

Hey hux454, there are some pics of my van up on the HJ Sandman section of this forum, second from the bottum :smile: