GT40s.com
MK-I  MK-II  MK-III  MK-IV  GULF  MIRAGE  J-CAR  LOLA
GT40s.com
Home Forum Gallery Support GT40s.com  
Register FAQ Advertisers Search Today's Posts Mark Forums Read

Go Back   GT40s.com > >

Notices

GT40 Tech - Registration / SVA / Insurance Getting your GT40 on the road!

Reply
 
Thread Tools Display Modes
Old 17th November 2017, 03:34 PM   #1
Mitch Krause's Avatar
Mitch Krause
Silver Supporter
United States
 
Join Date: Sep 2016
Location: United States
GT40: None
Posts: 60
Insurance before Car is Complete

I thought I would share what I think is a success story. I did a bunch of searching and reading on the forums about the insurance issues and trying to find insurance before it is a "real" car. Tried some of the companies and leads that others had, after striking out with my company (Farmers).

Farmers (and apparently almost all others) have specific exemptions where they don't cover "automobile parts" on homeowners policies. Furthermore don't even offer riders (like for Jewelry and such) where they can be covered separately.

After going down the road with Farmers, American National, Travelers and a couple of different insurance agents (including my normal guy) and not finding anything to cover "automobile parts". "Automobile parts" being what they term a vehicle that is not able to be registered and titled. My agent found a company called Burns and Wilcox. They are apparently underwritten through Lloyds of London, and provide collectables policy which will insure auto parts as a standalone policy. Just completed everything yesterday and I am good to go. My insurance agent noted that this rider is comparable to the normal home policy riders (in the range of $10 per thousand insured).

So maybe this helps someone.
Mitch Krause is offline   Reply With Quote
Old 17th November 2017, 11:36 PM   #2
JD
John Dewey's Avatar
John Dewey
Bronze Supporter
United States
 
Join Date: May 2011
Location: San Antonio, TX
Posts: 151
Re: Insurance before Car is Complete

Hagerty will also insure non-registered vehicles.
John Dewey is offline   Reply With Quote
Reply

Tags
automobile, farmers, insurance, parts, policy


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

 
Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -4. The time now is 03:34 AM.