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Thread: Shannons Insurance Premium Rise

  1. #91
    Toddler78's Avatar
    Toddler78 is offline Considerable Contributor to the Forum Last Online: 17-05-2025 @ 07:12 PM
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    Re: Shannons Insurance Premium Rise

    Quote Originally Posted by bigfoot View Post
    How is the claim going mate?
    Sorry for not updating. Only just got it finalised the other day and got money deposited in my account. Don’t want to post anything in a public forum until it was all done and dusted. You never know who’s reading. Any who, probably got the best out come I could hope for. It ended up taking about 3-4 weeks to hear from the assessor and true to their word they wrote the car off. I spoke with the guy and he explained to me that the salvage value of the car is actually more than the agreed value, and I told him that they didn’t see a problem with that, to which he agreed to. He ended up offering me the salvage rights to it at a very discounted cost. Car was back in my possession the next day and I good portion of the agreed value was paid out. Was it enough to repair the car myself? Probably not but it will go a long way to helping the repaint the car. I have the original bonnet for it in immaculate condition so I could put that on it and that would go a long way to making the car respectable again. The car ran out of rego whilst it was in their care so I’m not driving it at the moment. It is currently being stored somewhere safe not at home and when I get around to it I will start a full resto on it inside and out. I don’t need to daily it anymore as I have borrowed the in-laws spare runabout for a while and have ordered my first brand new car which hopefully will arrive mid to end Jan. so Monaro is retired at the moment.
    I'm not a hoon, I'm just competitive

  2. #92
    BLACK 346's Avatar
    BLACK 346 is offline One of the Top Contributors to the Forum Last Online: 18-05-2025 @ 09:11 PM
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    Re: Shannons Insurance Premium Rise

    Quote Originally Posted by Toddler78 View Post
    Sorry for not updating. Only just got it finalised the other day and got money deposited in my account. Don’t want to post anything in a public forum until it was all done and dusted. You never know who’s reading. Any who, probably got the best out come I could hope for. It ended up taking about 3-4 weeks to hear from the assessor and true to their word they wrote the car off. I spoke with the guy and he explained to me that the salvage value of the car is actually more than the agreed value, and I told him that they didn’t see a problem with that, to which he agreed to. He ended up offering me the salvage rights to it at a very discounted cost. Car was back in my possession the next day and I good portion of the agreed value was paid out. Was it enough to repair the car myself? Probably not but it will go a long way to helping the repaint the car. I have the original bonnet for it in immaculate condition so I could put that on it and that would go a long way to making the car respectable again. The car ran out of rego whilst it was in their care so I’m not driving it at the moment. It is currently being stored somewhere safe not at home and when I get around to it I will start a full resto on it inside and out. I don’t need to daily it anymore as I have borrowed the in-laws spare runabout for a while and have ordered my first brand new car which hopefully will arrive mid to end Jan. so Monaro is retired at the moment.
    Sounds like a great result mate, glad it worked out for you. Looking forward to your resto thread whenever it happens

  3. #93
    whitels1ss's Avatar
    whitels1ss is offline Powertrain Control Last Online: 18-05-2025 @ 11:56 PM
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    Re: Shannons Insurance Premium Rise

    Sounds like the best possible outcome under the circumstances Todd.

  4. #94
    whitels1ss's Avatar
    whitels1ss is offline Powertrain Control Last Online: 18-05-2025 @ 11:56 PM
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    Re: Shannons Insurance Premium Rise

    Just cleaned up this thread and deleted a few off topic posts about Todd's new purchase

    He has opened a new thread about it..... http://www.ls1.com.au/forum/showthre...58#post2192558

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