Insurance?

[JaysinSpaceman]

I have read through most of this site and I am really interested in building a car like this. I have seen much about registration but nothing about insuring such vehicles. What are the hiccups and the things that an insurance company might want to know or not know about.

I am sure that there are some on here that have dealt with these cars and other kit type cars. Thanx for your input. Jaysin

[B-T]

I insure my ginetta through Parish Heacock insurance (www.parishheacock.com). they base their rates on having only good drivers and the car being insured as an 'extra' car (every driver in the household has to have a regular car). You also get no coverage for people driving less than 10 years, and limited use of the insured car (3500 miles per year IIRC). The policy I have is good for an agreed value of $20k and costs me $250 per year.
BT

[bolus]

Here are the insurance companies that will cover the Ariel Atom. So they would be a good start to ask. I copies over my post from the Atom club. So these quotes are for a $70K atom


Collector Auto Insurance Specialists (formerly Rally Insurance)
PO Box 1262, Elmhurst IL 60126

Contact:
Sean Fitzmaurice
W 866-441-0230 ext.24
F 630-689-0209

Requirements:
Driver 26 or older
Not your daily driver - club events, fun stuff only
<6000 miles per year (<3000, <1000 available)
Matches insurance coverage on your daily driver, cant exceed
Good driving records (no DUI's)
No track days or timed events covered, driving schools probably ok
locked garage needed.
Current, color photos of the vehicle(s) showing all 4 sides. Please also include photos of the engine, trunk (open) and interior.
Bill of sale needed to substantiate the value.

Other features
discount for fire extinguisher

States
Most states except Alaska, Hawaii, Mass and N and S carolina.

Quote examples
$743 per year for $68K, $500 deductible


Continental Western Group collector car insurance
http://www.cwgcollectorcar.com/

Contact
Kathy at 1-800-603-3330

Requirements
No track coverage, driving schools covered
age >25
<2500 miles per year (can inquire about more: SPECIAL USE rate)
Cant be your daily driver, club events and pleasure drives

Other features:
$500 Spare Parts coverage

States
Colorado, Idaho, Illinois, Indiana, Iowa, Kansas, Minnesota, Missouri, Montana, Nebraska, N Dakota, Oregon, Ohio, S Dakota, Utah, Washington, Wisconsin, Wyoming.

Quote example
$2000 for $68K coverage with $500 deductible



Classic
www.classicins.com

Contact
Greg 541-482-1921 (Ashland Broker)
main: 800-397-0765

Requirements
<5000 miles per year
>26 years of age
1 at-fault or moving violation within last 3 years or less
Cant be daily driver
Locked garage
value >$2500

States
Currently full coverage programs are available in 43 states, except for Alaska, Arkansas, Hawaii, Louisiana, Massachusetts, Mississippi, and South Carolina. In the state of North Carolina, we can only insure vehicles that are 25 years or older.

quote example
$1600 per year for $68K and $500 deductible

[bolus]

Oh, I should also mention that Progressive also covered my Atom for a short period of time. They were expensive though. But if you currently have a plan with them you can add coverage for a kit car on their website. It says "add a kit car, sand rail or dune buggy" or something like that as one of the options for adding a new car

[soon_2b_evil]

any other info?

[bolus]

Well, you can try these guys but they said no to covering the Atom. They are more collector car insurance companies though:

American National Chrome Specialty Car Insurance
http://www.anpac.com/products/p_c/chrome/default.aspx

Leland West
http://www.lelandwest.com/

Parish Heacock
http://www.heacockclassic.com/site/

Sneed
http://sneedinsurance.com/