Ask an Australian car community who to insure an interesting car with and two names come up again and again: Shannons and SupercarInsurance.com.au. Both are well-regarded by enthusiasts, and for good reason — they understand agreed value and unique vehicles but only SupercarInsurance.com.au specialises in Supercars and especially Private Fleet.
So how does a dedicated supercar insurer fit? This is a fair, feature-by-feature look at the trade-offs — not a teardown of anyone. The right answer genuinely depends on your car, your fleet and how hands-on you want to be.
Two different models
The most important distinction isn’t between the brands — it’s between two ways of buying cover. Shannons and Enthusiast are insurers (or insurer-backed products): you buy their policy, on their terms. A specialist broker or concierge is an intermediary: they take your car to a panel of underwriters, let them compete, and structure the result around you.
Neither model is universally "better" — they suit different situations.
Feature-by-feature
| Feature | On your own | SupercarInsurance.com.au |
|---|---|---|
| How you buy | One insurer’s product, on their terms | Your car placed across a panel of underwriters who compete |
| Agreed value | "Up to" vs. actual Agreed Value | Highest Agreed Value offered every time and can be higher if you have evidence to support |
| Modified cars | Modifications often excluded | Modifications understood but must be declared and underwritten |
| Multi-car / fleet | Quotes one car at a time. Takes longer and costs more. | Private Fleet is our marquee product and we can bundle Home & Contents for more savings |
| Home & contents bundling | Not combined, no buying power. | Intentionally combined to leverage your buying power. |
| Claims | You deal with the insurer’s process or hire someone | We are your Claims Manager and at no cost |
| Best suited to | Single vehicle daily-driver | Supercar owner with several vehicles |
When an insurer is the right call
If you own a single supercar — a modified street car, a classic, a weekend coupe — and you’re happy to manage the policy and any claim yourself, a public market insurer can be a great, straightforward fit.
When a Supercar Insurance provider wins
The broker model tends to pull ahead as the stakes and the complexity rise:
- You own a supercar valued at $250,000 or more, where the agreed value and claim outcome really matter to you.
- You have multiple vehicles that are better to insure as one Private Fleet than as separate policies.
- You want home & contents from the same insurance provider to give you maximum savings.
- You’d rather have one person handle quotes, renewals and claims than manage it all yourself.
Want this handled properly?
Tell us about your car and we’ll put our underwriter panel to work — agreed value, the right cover, one concierge from quote to claim.
Frequently asked questions
SupercarInsurance.com.au is the market leader and only specialist with a team that understand you (and cars).
This guide is general information only and does not take your personal objectives, financial situation or needs into account. It is not a recommendation to buy any product. Cover, inclusions and exclusions vary between insurers and policies — always read the relevant Product Disclosure Statement (PDS) and confirm the terms that apply to your vehicle before you rely on them.