Lumley Special Vehicles Car Insurance Review | Savvy

Home > Car Insurance > Lumley Special Vehicles

From vintage classics to modern favourites, Lumley Special Vehicles offers insurance options designed to meet the needs of Australian car enthusiasts. Read our review to learn more about its products!

Written by , updated on February 16th, 2024

Lumley Special Vehicles – also referred to as LSV – provides insurance for motoring enthusiasts, covering everything from vintage cars to modern classics. Backed by IAG, one of Australia's largest insurance providers, Lumley Special Vehicles offers a variety of car insurance options to Australian drivers to protect their specialist vehicle.

In this review, we take a look at Lumley Special Vehicles’ car insurance options to give you an understanding of what’s on offer. Learn about the different types of insurance it offers, what is and isn’t covered and the optional extras you can add today!

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

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

What car insurance policies are available through Lumley Special Vehicles?

Lumley Special Vehicles provides the following types of car insurance:

Comprehensive

Third Party Liability

Comprehensive

Comprehensive car insurance offers the most extensive protection of the different types of cover available in Australia, covering you, your passengers, your vehicle and other vehicles or property in case of damage or an accident. Lumley Special Vehicles’ Comprehensive policy offers the following inclusions:

Emergency repairs following an accident, up to $750
New vehicle replacement following total loss for vehicles less than 12 months old
Rental car costs following theft for up to 14 days, for a maximum of $1,400 (private or business use vehicles only)
Accidental damage to personal effects, up to $500
Emergency accommodation and completion of journey costs if you are more than 200km from home, up to $1,000
Theft of keys and re-coding costs, up to $1,500
Replacement vehicle cover for 14 days after purchase
Theft or damage to a trailer, up to $1,000
Off-road cover for four-wheel drives
Reasonable towing and storage costs following an insured event
First option to purchase the salvage following your vehicle being declared a total loss
Legal liability cover up to $30 million
All legal costs relating to court proceedings arising from an insured event
Substitute vehicle during service or repair
Cleaning up costs after an accident
Maritime law liability charges

Third Party Liability

The most basic form of optional car insurance, this type of cover is designed to cover damage your car causes to other people’s property, rather than damage to your own vehicle. Lumley Special Vehicles’ policy offers the following inclusions:

Up to $30 million legal liability cover
All legal costs relating to court proceedings arising from an insured event
Substitute vehicle during service or repair
Cleaning up costs after an accident
Maritime law liability during sea transportation

Are there any optional extras available through Lumley Special Vehicles?

Yes – Lumley Special Vehicles’ Comprehensive car insurance policy offers a number of optional extras:

Salvage rights for vehicles aged 25 years or older in the event of a total loss
Excess-free windscreen and window glass cover for accidental breakage
Rental car costs following an accident, for a maximum of 14 days
Coverage for loss or damage of spare parts during restoration or repair
Coverage for loss or damage to owned mobile phone or GPS unit due to accidents, fire, storm, theft or in the course of employment
Finance loss protection covering 75% of the difference between the sum insured and amount owed in the event of a total loss

The following variations also apply to all levels of cover:

Higher standard excess to lower premiums
Named drivers only restriction
Driver age restriction

What are some of the pros and cons of buying car insurance through Lumley Special Vehicles?

Choice of repairer: if your car needs repairing, you can choose your own repairer.
Agreed value insurance: you can insure your car for an agreed value, ensuring you get the amount you expect if your car is written off.
High legal liability cover: up to $30 million in legal liability against loss or damage to someone else’s property caused by the use of your car.

No insurance for under-25s: drivers under 25 are excluded as standard from Lumley Special Vehicles’ car insurance policies.
Limited new-for-old car replacement: Lumley Special Vehicles will only replace new cars that are written off if they are less than 12 months old.

Common questions about Lumley Special Vehicles car insurance

Does Lumley Special Vehicles cover learner drivers?

Yes – although Lumley Special Vehicles will not insure licensed drivers under the age of 25, learner drivers are covered as long as they are accompanied by a fully licensed driver.

Does Lumley Special Vehicles offer roadside assistance?

No – Lumley Special Vehicles does not offer roadside assistance as a part of its car insurance plans or as a separate service you can subscribe to.

Can I adjust my cover depending on how I use my car?

Yes – you will be able to specify the use of your vehicle in your policy schedule, which may allow you to adjust your premium. Use could be:

Daily commute
Daily non-commute
Business purposes
Recreation
Limited recreation
Restoration/storage
Stable/collection
Club plates

How do I make a car insurance claim with Lumley Special Vehicles?

To make a claim, you can call Lumley Special Vehicles 24/7 and provide the following information:

What happened, when and where
Details of the individuals involved, including their names, addresses and registration numbers

More car insurance providers

Compare car insurance by state

NSW

VIC

QLD

WA

SA

TAS

ACT

NT

Helpful guides on car insurance

Compare car insurance policies with Compare the Market

Savvy is partnered with Compare the Market to help you compare a range of car insurance policies from a panel of trusted providers.

Explore car insurance options by make

Select your car make and find out how much it may cost to insure, read helpful guides and compare quotes.

Disclaimer:

Savvy (ABN 78 660 493 194, ACR 541 339) provides readers with a variety of car insurance policies to compare. Savvy earns a commission from our partnered insurers each time a customer buys a car insurance policy via our website. All purchases are conducted via our partners’ websites. The integrity of our comparison service is unaffected by our partnerships with those businesses and our effort remains to bring further brands that do not already use our comparison service onboard.

Savvy’s comparison service includes selected products from a panel of trusted insurers and does not compare all products in the market. Any advice presented above or on other pages is general in nature and doesn’t consider your personal or business objectives, needs or finances. It’s always important to consider whether advice is suitable for you before purchasing an insurance policy. We always recommend readers to consult the Product Disclosure Statement (PDS) of different policies before purchasing your car insurance.

1300 974 066

Sign up to our newsletter

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.

© Copyright 2024 Quantum Savvy Pty Ltd T/as Savvy. All Rights Reserved.

© Copyright 2024 Quantum Savvy Pty Ltd T/as Savvy. All Rights Reserved.

1300 974 066

Sign up to our newsletter

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.