Rally car insurance

http://www.heacockclassic.com/site/

Apparently the premium is about 1% of the declared value. It's cover the car while in storage, in service, and in transit (non-event I presume). That way if your car gets stolen out of your shop, off your trailer, etc. you are covered to an amount you specified it to be worth. Sounds of interest to me as I spend over $10K building a car that the insurance companies believe to have a worth of around $500.

---

Grant Hughes



Edited 1 time(s). Last edit at 05/25/2007 05:36PM by NoCoast.

So what if you have like a $30000 race car? You pay $3k per year to insure it? That seems a little steep considering you could insure an off the lot $30000 car for like 1/5th that price.

---

"Time to unpimp ze auuto."





sleightc (A.T.) Yahoo {DOT} com

Phlyan Pan Wrote:
-------------------------------------------------------
> So what if you have like a $30000 race car? You
> pay $3k per year to insure it? That seems a
> little steep considering you could insure an off
> the lot $30000 car for like 1/5th that price.

1% of $30,000 is $300.

---

Grant Hughes

My fault. I misread your post. I thought it said 10%

---

"Time to unpimp ze auuto."





sleightc (A.T.) Yahoo {DOT} com

Phlyan Pan Wrote:
-------------------------------------------------------
> My fault. I misread your post. I thought it said
> 10%
>

I think it did Travis. My eyebrows rose when I first read that. I think Grant edited it.

Simon

---

Simon Wright
Owner/Driver USUK Racing - Home of the USUK Racing LED Light Bars!

North America Rally Map

Tricky bastard!

I'll have to remember that one.

---

"Time to unpimp ze auuto."





sleightc (A.T.) Yahoo {DOT} com