fully comp insurance on an older car
Discussion
Navyatco said:
I have a 10yr old Aston Martin DB7 Vantage Volante, a rare 6-sp manual to boot, that has been substantially renovated - and I want to get comprehensive insurance for a reasonable/agreed value. I have existing cover from RSA, and they've agreed to extend it 1 more year - but at a value of 130k AED; this is way below what it's actually worth. I've emailed John at AIG and am awaiting a response - but is there another insurer out there anyone can recommedn who would cover me/it? Possibly a Classic Car insurer?
Thanks.
My company should be able to help you (or anyone else) if they need insurance on older or classic cars. I needed to use it myself after my Porsche turned 10 years old.Thanks.
AIG would offer part coverage, but the sum assured depreciates greatly each year, even if the value of the car doesn't. Their last offer was to only cover the car for 40,000 dhs!
Anyway, we're now doing a lot of classic and older cars so if anyone need assistance feel free to PM me.
Edited by StanBalaban on Friday 10th October 11:01
Actually, Gulf Classics www.gulfclassics.com would be useful for a lot of people too I reckon.
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