Who to insure with?
Submitted: Friday, Nov 20, 2020 at 08:29
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Norm F
G'day all, who to insure with? for my "new to me" rig, thanks

G'day all, who to insure with?
Reply By: Member - Jim S1 - Friday, Nov 20, 2020 at 08:50
Friday, Nov 20, 2020 at 08:50
By the look of the rig it will be used on highways, not rough tracks. There should be many options for you.
Generally the better known ASX listed companies will not let you down. eg the NRMA, RACQ, Suncorp, GIO etc.
Good luck, and I hope you don't need to lodge a claim !!!
Cheers
Jim
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Reply By: Kenell - Saturday, Nov 21, 2020 at 12:08
Saturday, Nov 21, 2020 at 12:08
Norm
The advice you have already received is sound. I will preface my response by saying I have no connection with any insurers although I spent 45 years in the industry.
Suncorp has numerous brands. ie CIL, Shannons, AAMI, GIO etc. Last time I checked there are 2 exclusions that are common to all their brands that concern me. One relates to "actions of trees" and the other excludes any cover whilst the vehicle is being transported ie following a
breakdown. Depending who you speak to you may find the trees exclusion is only intended to prevent damage caused by roots in an onsite type arrangement or sap damaging the paint. To satisfy myself I asked for a written assurance (and got it) to say that damage by falling trees or branches etc is still covered. Unfortunately not all staff are sufficiently versed in the intention of this exclusion.
The transportation exclusion really bugs me. It is there because the insurer apparently thinks the transporter will cover it . That is just not good enough imho. Such policies are restricted and you have no visibility of what is and isnt covered.
The Ken Tame arrangement either via CMCA or presumably directly with him is underwritten by Allianz and they are reputable in my experience but I havent done any recent analysis on their RV type product. The only advice I will offer is don't let cost be your main consideration.
Good luck with your research.
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