Shannons Car Insurance Review | Specialist Car Cover | Savvy

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Shannons is known for its niche car insurance policies for motoring enthusiasts looking to cover their vintage, classic, sporting or modified vehicle. Read our review to learn more about its products!

Written by , updated on February 16th, 2024

Shannons is a leading insurance provider for motoring enthusiasts, offering specialised car coverage for more than 40 years. Its policies cater to the unique needs of car enthusiasts, with options tailored for veteran, sporting, modified, vintage and classic vehicles.

In this review, we take a look at Shannons' products so you can understand its car insurance options. Find out what the policies cover and the optional extras you can add today!

Disclaimer: all coverage offered by Shannons is subject to the terms and conditions of your policy. Limits and exclusions apply. Please refer to your Product Disclosure Statement (PDS) or contact Shannons if you’re unsure about what is and isn’t covered.

Please note that Savvy does not represent Shannons for its car insurance products. All listed policies, inclusions and limits are correct as of June 2023.

What car insurance policies are available through Shannons?

Shannons offers the following types of car insurance to Australian drivers:

Comprehensive Car Insurance

Third Party Legal Liability Insurance

Compulsory Third Party Insurance

Comprehensive Car Insurance

Comprehensive coverage offers the most extensive list of inclusions of the different types of car insurance cover. Shannons’ Comprehensive Car Insurance has the following inclusions as standard:

Accidental loss or damage to your vehicle caused by incidents such as hail, storm, flood, fire, theft, vandalism, collision and impact
Legal liability for death, bodily injury and property damage caused by your vehicle, up to $20 million
Towing and storage costs costs for your damaged vehicle, with cover for transport costs from the incident scene to your destination, repairer or hire car provider, up to $250 per incident
Cover for vehicle damage during a defensive driving course
If your vehicle is a total loss within two years of the original registration, Shannons will replace it with a new vehicle of the same make and model
A hire car will be provided for up to 21 days following theft of your vehicle, or alternative transport costs will be reimbursed
A hire car will be provided after a not-at-fault incident that renders your vehicle undrivable, or alternative transport costs will be reimbursed
Emergency expenses for repairs, accommodation and personal property in the vehicle, up to $1,000 per incident
Replacement baby capsules and child seats in the event of theft or damage, up to $750 per item
Learner drivers are covered while driving under instruction from a fully licensed driver
Emergency expenses for breakdowns at motor enthusiast club rallies, such as accommodation and travel costs, up to $500 per incident
Liability for loss or damage to another person’s vehicle or property while using a substitute vehicle for 14 days
Windscreen or window glass repair or replacement without an excess payment for one claim per policy period
Accidental loss or damage to your trailer while attached to your vehicle or running out of control, up to $1,500 per incident
Damage to your vehicle caused by a collision with an uninsured driver if the uninsured driver is entirely at fault, up to $5,000
Third party property damage for caravans and trailers, up to $20 million

Third Party Legal Liability Insurance

Shannons’ Third Party Legal Liability Insurance offers a more basic level of cover, providing protection against damage caused by your vehicle to other people’s property, rather than to your own vehicle. It offers the following inclusions:

Legal liability for death or bodily injury to other people and loss or damage to someone else’s property caused by the use of your vehicle
Maximum coverage limit for all claims from one incident of $20 million, including legal costs
Defensive driving courses covered for third party legal liability
Hire car costs if your vehicle is damaged in an incident covered by the policy, and you are not at fault
Transport cover when your vehicle is damaged by an uninsured drivers
Learner drivers are automatically covered when driving your motor vehicle under instruction from a fully licensed driver
Damage caused by collisions with uninsured drivers if the insured driver is not at fault, up to a maximum of $5,000
Third party property damage for caravans and trailers when your vehicle is towing them and causes damage to another person’s vehicle or property, up to $20 million

Compulsory Third Party Insurance

All cars in Australia must be covered by Compulsory Third Party (CTP) insurance – known in New South Wales as a Green Slip. Shannons, as an authorised representative of insurance provider GIO, is able to offer Green Slip cover to NSW residents. This protects a driver from liability if they injure or cause the death of a person in a road accident, and covers:

The cost of treatment and care for the injured party
The loss of income for the injured party
Damages claims lodged by the injured party
26 weeks of benefits starting from the accident date if you are at fault

Are there any optional extras available through Shannons?

Yes – Shannons’ Comprehensive and Third Party Legal Liability policies both offer roadside assistance as an optional extra. On top of this, Shannons’ Comprehensive plan offers the following optional cover:

Salvage rights
Unlimited days of hire car use after an event
Racing cover

What are some of the pros and cons of buying car insurance through Shannons?

Specialised insurance: Shannons’ car insurance policies are specifically designed for owners of rare, unique, vintage and modified cars.
Choice of repairer: you can choose your own repairer or Shannons can manage the repair process for you.
Salvage rights: if your vehicle is over 35 years old is written off, you can keep the unrepaired vehicle.

More expensive than typical policies: because you are insuring a modified, classic or unique car, car insurance with Shannons is generally more expensive.
Towing limits: Shannons only covers one tow from the scene of the incident for any one claim.

Common questions about Shannons car insurance

Does Shannons operate Australia-wide?

Yes – Shannons’ Comprehensive and Third Party Legal Liability car insurance plans are available in any state or territory in Australia. However, Shannons’ Green Slip insurance is only available to New South Wales residents.

What types of vehicle usage am I covered for with Shannons?

When you take out your policy with Shannons, you will need to specify the type of vehicle usage. The following types of usage are available:

Private: your car is used for private purposes, including commuting, but not ridesharing.
Business: your car registered for business use or is used for earning purposes but not ridesharing.
Wedding hire: your car is used to carry passengers for hire or reward for weddings or school formals.

Can I get cover if I use my car less frequently?

Shannons covers cars for regular use as standard, but under its Comprehensive car insurance plan you may be able to insure your car for limited usage, as follows:

Limited use: using your vehicle no more than twice a week on average.
Extreme limited use: using your vehicle no more than twice a month on average.
Club plate use: driving your vehicle only in accordance with your state or territory’s rules and regulations for club permit, historic registration or rally registration.
Laid up: your vehicle is not in use, with removed parts, and is located at your address, a private residence, a Shannons auction or motoring event, a garage or workshop for repairs, or is being loaded, unloaded or transported.

What car insurance discounts are available with Shannons?

There are a number of ways to save money with Shannons car insurance, including:

Protected no-claim bonus
Multi-vehicle discount
Multi-policy discount
Flexible excess

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Disclaimer and important things you should know

Quantum Savvy Pty Ltd (ABN 78 660 493 194) trades as Savvy and operates as an Authorised Credit Representative 541339 of Australian Credit Licence 414426 (AFAS Group Pty Ltd, ABN 12 134 138 686). We are one of Australia’s leading financial comparison sites and have been helping Australians make savvy decisions when it comes to their money for over a decade.

We’re partnered with lenders, insurers and other financial institutions who compensate us for business initiated through our website. We earn a commission each time a customer chooses or buys a product advertised on our site, which you can find out more about here, as well as in our credit guide for asset finance. It’s also crucial to read the terms and conditions, Product Disclosure Statement (PDS) or credit guide of our partners before signing up for your chosen product. However, the compensation we receive doesn’t impact the content written and published on our website, as our writing team exercises full editorial independence.

For more information about us and how we conduct our business, you can read our privacy policy and terms of use.