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Old 10-28-04, 11:55 PM   #10 (permalink)
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delaneyp
Peter D
Australia
 
Join Date: Sep 2001
Location: Sydney, Australia
GT40: DRB #27
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Re: Insurance during construction

Lloyd, that is weird - I just can't believe nobody in the US offers "Restoration / Laid Up" cover. Here in Oz, we have at least 2 companies who offer this (Vigil & Shannons) & it basically covers fire & theft.

I had my DRB covered by Vigil for $100k & the annual premium was just $330. For an extra $65/day, they were happy to crank the cover up to "full comprehensive" while I took the unregistered car on the road for the RTA tests.

I rang both companies to see if they had US offices or affiliates - unfortunately, no. They were both amazed that it is so hard to find in the US - maybe a business opportunity here ? It might be nice to run the US office of Vigil or Shannons & just sit & watch the money roll in !!

Maybe you need to use the phrase "restoration / laid up cover", as opposed to "car parts" ?

Sorry I can't help further.

Kind Regards,

Peter D.
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