Who owns Shannons car insurance?

AAI Limited
Shannons is a subsidiary of AAI Limited (AAI) and a member of the Suncorp Network. This comprises leading general insurance providers operating throughout Australia. AAI holds an Australian Financial Services Licence and is the insurer of the policies arranged by Shannons.

Do Shannons insure normal cars?

Many people do still use Shannons to insure their everyday cars though, to get the benefits of comprehensive insurance and the available options. For the benefits on offer, particularly agreed value and cover of modifications, Shannons car insurance should be considered.

Who are the underwriters for Shannons insurance?

The underwriter of your Shannons CTP policy, GIO General Limited ABN 22 002 861 583 will transfer its general insurance business to a related company, AAI Limited ABN 48 005 297 807 (AAI) by way of a scheme under the Insurance Act 1973 (Cth), which has been confirmed by the Federal Court of Australia.

What does Shannons third party insurance cover?

CTP covers your liability and the liability of anyone else who drives your vehicle, for injuries caused to others in a motor accident.

Is YOUI owned by Suncorp?

General insurers Suncorp markets its products under brands including AAMI, GIO, APIA, Just Car, Bingle, Vero, InsureMyRide, Shannons, CIL, and Terri Scheer. Youi Insurance, which is owned by African company OUTsurance Holdings, underwrites its own policies and markets only under Youi Insurance.

What happened to just car insurance?

From its humble beginnings in 1995, Just Car Insurance has offered car modifiers alike insurance for our highly modified, high performance and imported cars. Today, its holding company AAI Limited announced that Just Car Insurance policies will no longer be issued from January 13, 2017.

Does Shannons do third party insurance?

Comprehensive cover includes third party legal liability cover. Third party legal liability only. If you have a collectable caravan or trailer, we offer comprehensive cover only. The type of cover you have chosen will be shown on your certificate.

Which insurance company is best at paying claims in Australia?

2020 Life Insurance Claims Statistics – MLC had the lowest claims acceptance rate of 93.7% and OnePath and Asteron the highest acceptance rate of 98.3%.

Who are the top 5 insurance companies in Australia?

Below is the complete list of registered companies in Australia, including the top 10.

• AIA Australia Limited.
• Allianz Australia Life Insurance Limited.
• AMP Life Limited.
• Asteron Life and Superannuation Limited.
• Challenger Life Company Limited.
• ClearView Life Assurance Limited.
• Colonial Life Insurance Company of Australia Ltd.

How good is Australian Seniors car insurance?

Overall rating: 4.8 from 1,550 reviews. According to the productreview.com.au website, Australian Seniors is the top-ranking car insurance provider in Australia, achieving ratings of 4.6 for transparency, 4.8 for value for money, and 4.8 for customer service.

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Where is Shannons car insurance office in Brisbane?

Registered Office, Level 28, 266 George Street, Brisbane QLD 4000. Compulsory Third Party (CTP) Personal Injury Insurance is issued by AAI Limited ABN 48 005 297 807 trading as GIO (GIO). Shannons Pty Limited ABN 91 099 692 636 (Shannons) acts as an agent and authorised representative of GIO.

What kind of insurance does Shannons Insurance offer?

Discount dependant on number of vehicles, View Details. Shannons Insurance, specialist in providing Car Insurance, Motorcycle Insurance, and Home Insurance products for motoring enthusiasts who drive imported, modified, classic, veteran or vintage cars.

When do car insurance rates start at Shannons?

Applies if your policy has a commencement or renewal date on or after 23/03/2021. This content applies to new policies and renewal policies with a start date after 22 March 2021. Savings, every day! Shannons customers can access everyday savings of up to 15% from over 100 popular retailers via the Suncorp App!

Is there a limit on Shannons motorcycle insurance?

This is for things like helmets, jackets, boots and other specific motorcycling equipment, with a limit of $1,000 per item Shannons motorcycle insurance also offers flexibilities and discounts such as: Low usage rates. If your bike is not your primary form of transport or you don’t use it regularly, you can get reduced premiums. Lay up.