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LloydGT40 · 10-28-04, 08:30 PM

Tim
I believe your thinking along the same path. Put the suspension on. Put on the wheels, drop in the motor, dummy up the gauges, snap a bunch of pics and claim 80% done.The car is painted
I have over 100k invested at this point for a chassi a body painted on the chassi and a whole bunch of parts. I have a 351/408w sitting in my garage with a brand new ZF. its not hard to hit the 100k when you start with a 50k kit.
I don't think at this time i'm ready to start changing homeowners arround to insure a car for short time. I'm just going to work to mock up as much as i can to make the car look complete in a picture.

Lynn
I didn't buy a turnkey. I bought a kit. The body work is done and the body is permanently mounted to the chassi but thats about it i've got to do the rest.

The insurance company want the car drivable to insure it.

You hear all kinds of stories abount people thinking they are covered under their homeowners but as my agent says have you ever heard of someone getting reimbursed for what they lost. Read the fine print all kinds of exclusions.

Sounds like there is no easy solution just get it looking 80%quickly and get insured.

Also you are paying full boat on the insurance same as if you were driving the car.

lloyd

10-28-04, 08:30 PM	#9 (permalink)
LloydGT40 A Tenth Join Date: Jun 2003 GT40: CT,USA Posts: 103 Rep Power: 7	Re: Insurance during construction Tim I believe your thinking along the same path. Put the suspension on. Put on the wheels, drop in the motor, dummy up the gauges, snap a bunch of pics and claim 80% done.The car is painted I have over 100k invested at this point for a chassi a body painted on the chassi and a whole bunch of parts. I have a 351/408w sitting in my garage with a brand new ZF. its not hard to hit the 100k when you start with a 50k kit. I don't think at this time i'm ready to start changing homeowners arround to insure a car for short time. I'm just going to work to mock up as much as i can to make the car look complete in a picture. Lynn I didn't buy a turnkey. I bought a kit. The body work is done and the body is permanently mounted to the chassi but thats about it i've got to do the rest. The insurance company want the car drivable to insure it. You hear all kinds of stories abount people thinking they are covered under their homeowners but as my agent says have you ever heard of someone getting reimbursed for what they lost. Read the fine print all kinds of exclusions. Sounds like there is no easy solution just get it looking 80%quickly and get insured. Also you are paying full boat on the insurance same as if you were driving the car. lloyd