Insuring Ultima in the USA

Insuring Ultima in the USA

Author
Discussion

ROSSMAN

Original Poster:

22 posts

271 months

Sunday 24th November 2002
quotequote all
How difficult is it to insure these cars here in the states? What companies do you use and pricing? Any restrictions. I presently have a Cobra and they are becoming harder to insure.

Ross

jschwartz

836 posts

272 months

Monday 25th November 2002
quotequote all
After contacting numerous companies for 6 months, I found American National Insurance Company www.anpac.com as the only one to insure the car during the build. $185/yr and after it's complete and registered $980/yr. Grundy, who's listed as a US insurer on the Ultima web site no quoted in any form.

ROSSMAN

Original Poster:

22 posts

271 months

Monday 25th November 2002
quotequote all
JSchwartz,

Thanks for the info. How was the car insured during shipment?

Anyone else have any info?

Ross

mkoch1

486 posts

273 months

Monday 25th November 2002
quotequote all
I would try www.kandkinsurance.com/ They insured my rx7 while I was building it. 550 a year for 45K in coverage. This only covered it for thief and vandalism. They said they could insure the ultima when it comes time. I haven't contacted them yet to get prices.

"How was the car insured during shipment?"
I believe the factory insures it with the shipping company.

jschwartz

836 posts

272 months

Monday 25th November 2002
quotequote all
K&K was the only other company if found who would insure during the build as "race Car Parts" at a cost of $900/yr. During shipment the Freight Carrier is liable for insurance.

mkoch1

486 posts

273 months

Monday 25th November 2002
quotequote all
I just called Grundy and they said they don't insure kit cars

to make it even better "American National Insurance Company" is NOT licenced in maryland. I love it when I have choices.

>> Edited by mkoch1 on Tuesday 26th November 04:03