Insurance while being restored
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- DDK Seasoned Poster
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Insurance while being restored
Just wondering what the thoughts are on this and does anyone know of a company that can do this? I know it's rare but there can be workshop fires and due to the high parts prices even thefts, but would anyone insure a car with no mot or tax? Any thoughts ?
The stable.
1968 Porsche 912
2004 Boxster S
1968 Porsche 912
2004 Boxster S
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- I used to have a life, then came DDK
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Re: Insurance while being restored
I think there was a thread on this a little while ago, and basically you're better off just insuring it as a normal car - there's little to no benefit in an off-road or laid-up policy, however if the car is being restored away from home it might be a little more difficult!
Re: Insurance while being restored
I have insured all my 'project cars' from the off - I used RH insurance (now ERS), and as said above just third part, fire and theft like a normal car. They use the VIN as identifier.
All mine were mostly on my premises, but they did cover while the shells were away being painted.
Mick
All mine were mostly on my premises, but they did cover while the shells were away being painted.
Mick
'Creativity is the product of time wasted' Albert Einstein
1972 RHD 2.4E (ex Bob Watson racer - now in original Tangerine)
1966 LHD swb (Doctors car - now with Mrs. Ferrari in Madrid)
1966 TR4A (now sold and replaced by 1990 944 turbo)
1966 S2a Landrover
1972 RHD 2.4E (ex Bob Watson racer - now in original Tangerine)
1966 LHD swb (Doctors car - now with Mrs. Ferrari in Madrid)
1966 TR4A (now sold and replaced by 1990 944 turbo)
1966 S2a Landrover
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- Me and DDK sitting in a tree! KISSING
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Re: Insurance while being restored
Interesting Mick. They wouldn't cover my shell unless it was in my garage.
70T barn find...... to ST.
1998 C2 996 Kettle
1998 C2 996 Kettle
Re: Insurance while being restored
I have my car with hagerty. They were happy to do a laid up cover. Think it was about £70.
Matt
Matt
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- DDK 1st, 2nd and 3rd for me!
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Re: Insurance while being restored
Hagerty cover all mine - which includes the Alfa which is undergoing resto
1966 912 Karmann Coupe - polo red.
1972 914/6 GT replica - 2.7 - signal orange.
1961 Standard 217 Tractor.
2003 Boxster S.
1967 Alfa Giulia Sprint GT Veloce.
http://www.redcastleclassics.com
1972 914/6 GT replica - 2.7 - signal orange.
1961 Standard 217 Tractor.
2003 Boxster S.
1967 Alfa Giulia Sprint GT Veloce.
http://www.redcastleclassics.com
Re: Insurance while being restored
Rh insured mine whilst it was being worked on in various different workshops. I just told them the address no problem.
1967 912
1967 beetle
1960 356B RHD
8ft 6 Phil Edwards
1967 beetle
1960 356B RHD
8ft 6 Phil Edwards
Re: Insurance while being restored
Hagerty also insured mine whilst it was being restored in my garage.
1969 912 Coupe
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Re: Insurance while being restored
Thanks guys, I may leave it at my home garage then only send it out once the body is to be done, as the mechanical bits might be done at my home by the mechanic, I think I will sleep easier with a policy on the car just in case as you never know !
The stable.
1968 Porsche 912
2004 Boxster S
1968 Porsche 912
2004 Boxster S
Re: Insurance while being restored
Mines on with RH on layup cover was about 70 quid
Re: Insurance while being restored
Glad to see people using Hagerty- I actually work for them (although not on the insurance side) so I'm biased! I do know they cover all sorts of weird & wonderful things- from individual wheels to rotten shells. Laid up cover is a few quid, wherever you buy it, and it just gives you that peace of mind in my opinion.
'67 912... under restoration
'75 914
'88 944
'75 914
'88 944
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- Nurse, I think I need some assistance
- Posts: 8059
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- Location: Scotland
Re: Insurance while being restored
Does it get a bit more complicated when you want agreed value, say restoring an RS shell?
Regards
Mike
Regards
Mike
_____________________________
73 RS (Sold)
67 S
Mint T (Sold)
996 Turbo (Sold)
73 2.4E (home after 25 years) and Sold again
73T targa (signal yellow project)
1953 Vauxhall Velox
914/6
1963 356B
https://www.mybespokeroom.com/
73 RS (Sold)
67 S
Mint T (Sold)
996 Turbo (Sold)
73 2.4E (home after 25 years) and Sold again
73T targa (signal yellow project)
1953 Vauxhall Velox
914/6
1963 356B
https://www.mybespokeroom.com/
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- DDK above all
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Re: Insurance while being restored
Varies between underwriters, usually possible with either photos or written valuation.
Simon
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- Nurse, I think I need some assistance
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Re: Insurance while being restored
Ned to check on this, but it's my understanding that your car insurance is nul and void if your car is in a commercial workshop having work done.
Theft, damage or total loss on their premises is on their insurance, not yours.
Theft, damage or total loss on their premises is on their insurance, not yours.
cheers, Mike.
previously..
1994 968 Club Sport Riviera Blue
1994 993 C2 Carrera Riviera Blue
1972 911S to Martini RSR Prototype Spec
1973 911E to RS Lightweight Specification
1981 924 Carrera GT ex Mexborough car
3.2 Carrera Sport x2
previously..
1994 968 Club Sport Riviera Blue
1994 993 C2 Carrera Riviera Blue
1972 911S to Martini RSR Prototype Spec
1973 911E to RS Lightweight Specification
1981 924 Carrera GT ex Mexborough car
3.2 Carrera Sport x2