insuring a kit while its being built
Discussion
tricky360 said:
what is most people doing for insurance while there build is going on? if you insure it as a kit but it isn't finished can they still pay out if it gets stolen from a garage which you sent it to?
does insurance policys cover a car while its being built?
If you are sending it to a garage to get them to build it, then it should be covered under their policy whilst your car (or collection of bits) is under their custody and control.does insurance policys cover a car while its being built?
If you are building it youself at a remote location away from your home, then it would be easiest to get build up cover from any of the specialist insurers. Note that they will want to know about the security of the garage you are using.
If you are building it at home, then depending on your insurance company (if it uses an offshore call centre this might be difficult) but whilst it is a collection of bits it isn't actually a car. Therefore provided the values of 'contents with the garage' can be changed to allow for your parts, then cover should be possible under your contents policy. Note that as soon as it 'becomes' a car, then you will be very unlikely to have any cover under contents.
Paul Drawmer said:
If you are sending it to a garage to get them to build it, then it should be covered under their policy whilst your car (or collection of bits) is under their custody and control.
If you are building it youself at a remote location away from your home, then it would be easiest to get build up cover from any of the specialist insurers. Note that they will want to know about the security of the garage you are using.
If you are building it at home, then depending on your insurance company (if it uses an offshore call centre this might be difficult) but whilst it is a collection of bits it isn't actually a car. Therefore provided the values of 'contents with the garage' can be changed to allow for your parts, then cover should be possible under your contents policy. Note that as soon as it 'becomes' a car, then you will be very unlikely to have any cover under contents.
Excellent - I hadn't thought of it this way.If you are building it youself at a remote location away from your home, then it would be easiest to get build up cover from any of the specialist insurers. Note that they will want to know about the security of the garage you are using.
If you are building it at home, then depending on your insurance company (if it uses an offshore call centre this might be difficult) but whilst it is a collection of bits it isn't actually a car. Therefore provided the values of 'contents with the garage' can be changed to allow for your parts, then cover should be possible under your contents policy. Note that as soon as it 'becomes' a car, then you will be very unlikely to have any cover under contents.
The only problem is we're building our car at my parent's house so it would be on their insurance, even though it is not their property... Hmm, will probably get build cover anyway... any contact details / web sites for any of the above?
After reading "andy-xr" comment about footman james, I rang up for a quote. £61 to cover my little project, I was goint to wait till it was road worthy to insure it. But as it stands me at £8000 in parts and its now rolling (so easy to roll on a trailer) for £61 its a bargain.
Just out of interest I asked for a comprehensive quote 4500 miles and it came out at £280.
Scooby
Just out of interest I asked for a comprehensive quote 4500 miles and it came out at £280.
Scooby
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