Defence Wealth Vehicle Insurance

[Panelman]

Hi guys. This has been posted before, however, I've just got off the phone with them and have some good news for any Defence personel. (Sorry everyone else)

They do AGREED Value up to certain limits.

My VZ SS Pano, 2005, $48k Agreed value for $1174 / or no penalty monthly $97.83.

This includes all my mods,
Accessories:
1 7/8" 4 into 1 EXTRACTORS
3" Hi-Flow Catalytic Converters
3 1/2" Single Sports EXHAUST
18" x 8" 3 piece Lightweight Alloy Wheels
Pedders SportsRyder Lowered springs
Pedders SportsRyder Struts and Shock absorbers
RIPSHIFT Short throw Shifter
Xtreme Heavy Duty Cushion button CLUTCH

Compared to my RACV current $1594 ($132 monthly) this is not only saving me $420 a year, but a higher agreed value of $8000 more.

My wifes Magna ( I know.... don't bash me) and house insurance and my car combined is saving us $820 a year all with Defence wealth. It all adds up.

Cheers guys.

Oh, the website is http://www.defencewealth.com.au

Just thought I'd share this with anyone in defence. Unfortunaltely, they don't cover defence civilians, contractors or general public.

[HDVZMonaro]

I tried Defence Wealth for my Monaro, but they wouldn't insure it because it was a Monaro. I ended up getting a pretty good deal through AAMI though.

[SiLENCE]

thats not a bad saving..

are chockos like myself eligible though?

i guess i'd have to ring them.

[SEMPER FI]

Yeah, cheers Panelman !! Will give them a call, don't know about chocko's but no harm in gviving them a call :thumbsup:

[Panelman]

thats not a bad saving..

are chockos like myself eligible though?

i guess i'd have to ring them.


Technically, I'd say you are eligible. You have a defence ID, so, that's all.
They don't ask for any confirmation anyway.

[highlander_69r]

hmmm i will give them a call as i am just about due to renew the ss. If not im will insuring through shannons this year

[AussieTone]

Are they a relatively new company or is it Defence Homes Loans Scheme or DEF Credit rebadged as something else

[Panelman]

Are they a relatively new company or is it Defence Homes Loans Scheme or DEF Credit rebadged as something else

Defence Wealth caters to the unique needs of Defence Force personnel and their families, providing specialist advice on a comprehensive range of investment and financial issues.
During the various stages of your life and career, your financial needs and goals change. At Defence Wealth, we understand this, and can offer you the personalised advice and solutions to best suit you.

Defence Wealth services are provided by the PMG Group Pty Ltd, Mount Waverley, whose principal advisors have more than 70 years combined experience, and the support of a committed team of specialists.

At Defence Wealth, we use all our knowledge and experience to help you build your wealth, now and into the future.

Your insurance will be placed through Fitzpatrick & Co Insurance Brokers with Lumley's General Insurance Limited unless otherwise specified. Your policy includes:
* Windscreen cover
* Rental Car cover
* Towing Costs
* Rating Protection
* Personal Effects
* Trailer cover
* 20 million legal liability
* $400 excess


Head Office
Suite 3, Level 1, 241 Blackburn Rd,
Mt Waverley, VIC 3149
Contact us on
1300 009 111
Ph 03 9881 1211 - Fax 03 9881 1299
educator@defencewealth.com.au

Canberra Office
PO Box 4166
Manuka ACT 2603
Ph 02 6239 7500 - Fax 02 6239 7500
Mob 0411 650 265

[Pete4870]

Do you get such a good rate in exchange for publishing their advertisements? Although, to be fair, I wish I had known about them when I was serving my pennance for Queen and Country.

[Bomi]

Sounds great, NRMA are giving cahraging me an extra $15 a month coz I hit a Roo just near Kapooky!! Pricks.


Choc or Reg, its the one Army just ver very very different.


Will give these guys a try morrow morning at work. Cheers for the info mate :)

Bomi :)

[macca_779]

I posted this info up a little while ago. I've found them to be very affordable also. I'm paying $970. Down from $1850 with NRMA. It's amazing how many don't know they exist.

[CV8Monaro]

I tried Defence Wealth for my Monaro, but they wouldn't insure it because it was a Monaro. I ended up getting a pretty good deal through AAMI though.

Same here...$870 per annum through AAMI, Shannons wanted about $1500, others over $2000 and a couple wouldn't insure a Monaro....

[HDVZMonaro]

Same here...$870 per annum through AAMI, Shannons wanted about $1500, others over $2000 and a couple wouldn't insure a Monaro....

Yeah, that is exactly the same price I was quoted, then I opted to increase my excess to $1000 which reduced my premium to $664.

[Panelman]

I posted this info up a little while ago. I've found them to be very affordable also. I'm paying $970. Down from $1850 with NRMA. It's amazing how many don't know they exist.

Thanks man. I couldn't remember who it was who originally posted. That's why at the start I mentioned it had been posted before.

Wonder why they don't insure Munros? So weird this industry! I've never seen personally a crashed Monaro, actually, I've only ever seen or heard about fully sick older models with younger drivers. I guess the companies don't listen to the reports. TOO HARD.

[seldo]

I've just changed my insurance to Ryno Insurance and they seem excellent.
Compared with my previous cover with Suncorp Metway which was was $1548 for $40k cover I now have $50k agreed value including all mods with a premium of $1025 for business use.(rating 1 for life)
Of particular interest is that they also provide cover for track use provided it is a CAMS sanctioned meeting or other approved body.
Only criticism I have is that they are a bit slow getting back to you because they are just flat-out (which I can understand), but they do get back - it just takes a couple of days sometimes.