COMPREHENSIVE INSURANCE & THE LOG BOOK SCHEME
Posted: Mon Jul 11, 2016 10:42 am
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.
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.
