COMPREHENSIVE INSURANCE & THE LOG BOOK SCHEME

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WayneXG95
Posts: 2565
Joined: Wed Sep 07, 2011 9:42 am
State: NSW
Location: Sydney

COMPREHENSIVE INSURANCE & THE LOG BOOK SCHEME

Post by WayneXG95 »

COMPREHENSIVE INSURANCE & THE LOG BOOK SCHEME
We have been made aware via the CHMC (Bush Council) magazine,
the Bush Telegraph, that there may be some issues with
comprehensive insurance cover.
Seems that some members contacted NRMA Insurance to check on their cover when using
their vehicles on the 60 day logbook scheme trial.
They say they were told by NRMA Insurance that if the use of the vehicle is not for hobby or
recreational purposes then the cover in their policy is void.
Stated that if it is for private use such as going to the shops or picking up children from
school then there is no coverage.
Hard to define, as going to the shops for a cup of coffee may be considered recreational?
Also informed that they consider that a limit of ten days in any one month is all that the
vehicle can be used for. This may restrict some members who are going on trips with their
club.
You may be able to notify NRMA of a longer trip and they will consider it depending on your
particular history and claims (if any).
The information above is second or third hand but from a reliable source in our opinion.
We contacted Shannons to check what their ideas were and we were told that if the vehicle
is used within the rules of the registration system it is on, then the vehicle is covered by their
policy.
They are monitoring the NSW claims coming in since the Oct 2015 introduction of the
logbook trial to see if anything changes but, at this stage they see no reason to alter policies
or premiums.
We suggest that if you have a policy with any other insurer apart from Shannons it might be a
wise move to enquire about your cover.
Wayne Chambers
President
FB EK Holden Car Club of N.S.W
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Devilrod
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State: VIC
Location: Beaconsfield, Vic

Re: COMPREHENSIVE INSURANCE & THE LOG BOOK SCHEME

Post by Devilrod »

Sounds like NRMA are about to loose a few customers. Pretty narrow minded view, especially if the car is being used legally as far as the log book scheme goes.
Speed and Style........... One day I'll get the speed bit.
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WayneXG95
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Joined: Wed Sep 07, 2011 9:42 am
State: NSW
Location: Sydney

Re: COMPREHENSIVE INSURANCE & THE LOG BOOK SCHEME

Post by WayneXG95 »

My thoughts as well.
Wayne Chambers
President
FB EK Holden Car Club of N.S.W
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Devilrod
Posts: 7394
Joined: Fri Apr 30, 2004 12:55 pm
State: VIC
Location: Beaconsfield, Vic

Re: COMPREHENSIVE INSURANCE & THE LOG BOOK SCHEME

Post by Devilrod »

One thing I do know is Shannon's insurance is cheaper once you switch to club plates as the vehicle is genuinely limited in use. :thumbsup:
Speed and Style........... One day I'll get the speed bit.
Mick
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Joined: Sun Sep 26, 2010 8:47 am
State: NSW
Location: Coffs Harbour NSW

Re: COMPREHENSIVE INSURANCE & THE LOG BOOK SCHEME

Post by Mick »

anybody that insures with NRMA is a fool anyway, heard way to many stories about them weaseling out of paying claims
sometimes yor just better off shitting in yor hands and clapping

W.S.C.C.A
Woodstock chapter
bootlegger
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Location: sydney

Re: COMPREHENSIVE INSURANCE & THE LOG BOOK SCHEME

Post by bootlegger »

A mate kf mine a while ago damged his inter truck. The quote was for more than the value.
It was club registered for fifteen grand and with NRMA.
They paid him out immediately. No questions asked. He then went ahead and fixed it up with the money.
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WayneXG95
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Joined: Wed Sep 07, 2011 9:42 am
State: NSW
Location: Sydney

Re: COMPREHENSIVE INSURANCE & THE LOG BOOK SCHEME

Post by WayneXG95 »

That's not the issue :econfused:
Wayne Chambers
President
FB EK Holden Car Club of N.S.W
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