GT40s.com - View Single Post - Who do you guys (in the US) insure your cars with?

Howard Jones · 07-16-03, 09:27 PM

You must check with you agent about "under construction" status. My homeowners policy, Farmers, will not cover any parts of a motor vehicle that are attached to a car, incomplete, inop, running or,otherwise.You should have a stand alone writer to the policy covering the parts/kit until it is complete and you have the registration complete. If you have a motor sitting on the floor and it gets ripped off it would be covered. But if it is in the car it is not. By the way I pay $193 every 6 mos for 50K value, 1000 deductable. This is what it would cost me to start over again. I have not put a value on my labor. How about you guys out there how much do you pay? How much coverage?

07-16-03, 09:27 PM	#16 (permalink)
Howard Jones 10 tenths Join Date: Jun 2002 GT40: San Francisco Bay Area California USA Posts: 1,943 Rep Power: 26	Re: Who do you guys (in the US) insure your cars with? You must check with you agent about "under construction" status. My homeowners policy, Farmers, will not cover any parts of a motor vehicle that are attached to a car, incomplete, inop, running or,otherwise.You should have a stand alone writer to the policy covering the parts/kit until it is complete and you have the registration complete. If you have a motor sitting on the floor and it gets ripped off it would be covered. But if it is in the car it is not. By the way I pay $193 every 6 mos for 50K value, 1000 deductable. This is what it would cost me to start over again. I have not put a value on my labor. How about you guys out there how much do you pay? How much coverage?