Insurance For Kit Cars
Whether you bought your kit car as a project a hobby or simply to have fun driving it we understand the particular needs that kit car owners have from an insurance policy.
Insurance for kit cars. An insurance company can quickly access all the information it needs to assess the value of a regular vehicle. The insurance will cover your kit car from individual pieces to the time it s roadworthy and ready to take on the highways. You should expect the insurance cover to be a little bit more expensive since kit cars are considered a high risk coverage. Our kit car cover also includes the usual benefits that owners value including salvage retention dependent on category of salvage in the event of a total loss and spare parts cover up to a limit of 250 plus limited mileage options 1 000 10 000 miles per annum.
Kit replica car insurance. It covers your car for fire damage theft and accidental damage while you re building it. Many insurers will only pay out the market value of your kit car if you suffer a total loss. Insurance for kit cars covers all the usual risks to your car such as theft fire and damage as a result of a road accident.
By definition kit cars are unique and do not conform to one of the 50 insurance groups used to rate standard vehicles. Footman james can arrange insurance cover for over 100 different kit cars. Kit car insurance is a specialty form of car insurance to protect a vehicle that you make yourself. Your kit car will need to be insured before it s even finished this is known as build up insurance.
But a specialist policy can also include build up cover which insures your car as soon as the parts arrive. With a kit car market value is often difficult to determine and kit cars are often. Kit cars are a lot like prefabricated houses. Kit cars vary greatly in so many ways so it s essential to have an insurance policy that can be flexible depending on your individual requirements.
Given the time and effort invested into kit cars ideally you require an agreed value policy if you are looking for anything more than market value in the event of a claim. But they don t have that luxury with kit cars so calculating insurance premiums can be more complicated. If you are planning on building your very own custom kit car kit car insurance will keep your project covered from start to finish. Some kit car insurance providers also offer protection for component parts that are damaged or lost in transit but only if you apply for your insurance before it arrives.
Be aware that kit car insurance constitutes a fairly high risk coverage so you should expect to spend quite a bit of money to insure your vehicle. Aficionados invest a great deal of money and time into kit cars and the act of building them. The pieces come to you ready to be assembled and you put them together yourself. You need a special kit car insurance to cover you from start to finish.
To find the right policy for you and to save you money we take the customers exact needs and driving experience into consideration tailoring their kit car insurance cover to their precise requirements. That s why we could offer. If you re collecting and transporting the individual components and tools look at policies that have a goods in transit add on option to insure them en route. No two kit cars are the same so you ll need to be able to give an insurer a breakdown of the car s specifications.
Including caterham westfield and robin hood to name just a few.
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