|
|
|
|
|
|
|
Insurance for those owning Kit Cars, Classic or Imported Cars
by Jason Hulott
Car insurance policies can be perplexing as there are a number of insurance companies offering different types of insurance coverage with different policies. Nowadays the UK insurance companies have broadened themselves to guard against almost any conceivable risk to a customer. Among them, insurance cover for those who own Kit Cars, Classic or Imported Cars is one of the insurance types offered by the insurance companies in this country.
If an individual decides to buy a car that has not been manufactured in the UK, he has to venture beyond the normally set boundaries of car insurance. This is because an imported car has been built without taking into account the laid down UK build specifications.
There are different types of imported car insurance depending on where you import it from. For example, if an individual wants to import a Japanese sports car, before investing several thousand pounds on the vehicle, it will be prudent to speak to some insurers first and ascertain how much the insurance will cost.
Also if you own an imported car, then you will normally have to pay a higher premium than a standard car purchased in the UK. To insure an imported car, one has to provide the insurer with detailed information about the vehicle’s specification in order to assess their suitability for the policy.
Generally Classic car insurance will usually covers these three categories - Veteran Cars (built before 1903), Vintage Cars (constructed between 1903 and 1933) and Classics Cars (tend to be at least 15 years old).
The insurance company usually frames an ‘agreed value’ for the vehicle prior to issuing of the policy which is the value the customer will receive in the event of the total loss of the vehicle. Also, the insurer will stipulate the maximum distance that can be travelled in a year. As the condition and scarcity of classic cars differ, it is important that the customer take out a guaranteed agreed valuation while insuring their classic car.
Kit car insurance is different from normal car insurance - the difference being that kit cars are made individually and with parts supplied by a manufacturer. Generally, a kit car is an imitation of a popular car and the manufacturer will supply body parts and the frame kit except an engine, wheels, transmission and other vital parts. If the engine of one’s kit car is small, the insurance premiums will be less.
You can also reduce the insurance premium by garaging the kit car overnight, fitting security devices, and by building up a no claims discount. The main point to be noted while one applies for a kit car insurance is that he has to declare everything about the car – if any information is missed or found wrong, the company may not pay your claim.
About the Author
Jason Hulott is Business Development Director of Protection
Insurance. Protection Insurance is an internet based insurance
business dedicated to getting consumers the very best insurance
rates and the best products. Our product portfolio includes
many specialist products such as classic car insurance |
|
|
|
|
|
|
|
Yahoo! News Search Results for Washington Car Insurance
Yahoo! News Search Results for Washington Car Insurance
CarInsurance.com Offers More Car Insurance Savings In 2009 (Centre Daily Times)
2 Jan 2009 at 5:45pm
CarInsurance.com, a company that is leading the way in selling auto insurance over the Internet and directly to consumers through its Online Insurance Marketplace(TM), is looking to help consumers sav...
Neil Young: Perfect Storm for Innovation Gathers in Washington (HuffingtonPost)
4 Jan 2009 at 8:28pm
Innovators should swarm like locusts on Washington in January, February and March to show the Car Czar how to make fuel-efficient cars.
CarInsurance.com Offers More Car Insurance Savings In 2009 (Business Wire via...
2 Jan 2009 at 5:27pm
ALTAMONTE SPRINGS, Fla.----CarInsurance.com, a company that is leading the way in selling auto insurance over the Internet and directly to consumers through its Online Insurance Marketplace, is lookin...
CENTRAL NY AUTOS NEWS (The Post-Standard)
3 Jan 2009 at 11:12pm
Washington Small cars, which have become more popular with the fluctuation in gas prices, are becoming better equipped to protect motorists in serious crashes, according to tests by the insurance indu...
Connecticut Fines Sporting Event Insurer $5.9 Million (Hartford Courant)
5 Jan 2009 at 5:11am
Kevin Kolenda has insisted for years his business of paying for hole-in-one and other prizes on behalf of clients isn't insurance. Connecticut regulators say it is, and this time they're levying a nea...
Economy on Markey's agenda (The Fort Collins Coloradoan)
5 Jan 2009 at 6:15am
WASHINGTON - Betsy Markey of Fort Collins will join 434 other men and women in taking the congressional oath of office Tuesday, giving Colorado's 4th Congressional District its first Democratic repres...
Seattle Uses Salt For The First Time on City Roads (Q13 FOX Seattle)
4 Jan 2009 at 8:08pm
SEATTLE (AP) - After heavy snow in the mountains and Eastern Washington, the next round of winter weather for the state may be heavy rain. The National Weather Service says a warmer wet system w...
Legislators list their 2009 session priorities (Daily Record)
4 Jan 2009 at 6:30pm
? They support the approval in the capital budget of full funding for Central Washington University?s Hogue Hall expansion project.
|
|
|
Technorati Search for: Washington Car Insurance
Technorati search for Washington Car Insurance
(no title)
5 Jan 2009 at 1:58pm
Dandelion Salad by Greg Palast January 5, 2009 excerpted from Armed Madhouse Bill Richardson is out: Caught with his hand, if not exactly in the cookie jar, at least you could say his sticky finger w...
Greg Palast: Don?t Shed a Tear for Bill Richardson
5 Jan 2009 at 1:19pm
In this article, muckraker Greg Palast weighs in on Bill Richardson withdrawing from his appointment as commerce secretary. Richardson, he says, is not your friend?unless, that is, you?re Henry Kissin...
Bill Richardson - Kissinger-American
5 Jan 2009 at 8:10am
by Greg Palast excerpted from Armed Madhouse January 5, 2009 Bill Richardson is out: Caught with his hand, if not exactly in the cookie jar, at least you could say his sticky finger were near i...
Wilbur Ross.."Economy Will Not Stabilize Until Housing Does"
5 Jan 2009 at 4:33am
In his own words... We are clearly in a serious recession, and more aggressive action is needed to turn things around. The federal government initially underestimated the scale of the mortgage and ho...
Latest News in Home Insurance - Jan 5, 2009
5 Jan 2009 at 3:05am
Police: 11-year-old boy injured in DC fire that killed 5 dies in ? - Newsday 2 Jan 2009 at 3:46pm WASHINGTON (AP) ? Police in Washington, D.C. say an 11-year-old boy has died from injuries he suffe...
What do you think?
5 Jan 2009 at 12:23am
As soon as Sen. Kennedy?s cancer was found, I noticed the immediate attempt at canonization of old Teddy by the main stream media. They are saying what a ?great American? he is. I say, let?s get a cou...
The Dangers That a Spot Delivery Brings to a Dealership
4 Jan 2009 at 7:32pm
The following article does a good job of highlighting the dangers and fraud inherent in the misuse of conditional, or "spot" deliveries. Dealers in Virginia are not permitted to do "spot" deliveries u...
Collection Agency Scare Tactic: We?ll Get Your Driver?s License Suspended
4 Jan 2009 at 6:12pm
Collection agencies never seem to have enough tricks up their sleeves for scheming and lying to debtors. Most recently, it was brought to my attention by a reader that a collection agency had threate...
950 (92). Wild River (1960, Elia Kazan)
4 Jan 2009 at 1:16pm
Screened January 3 2008 on DVD in Weehawken NJ TSPDT #896 IMDb Wiki I generally groan at the creakily subjective categorizing of film directors employed by Andrew Sarris in his American Cinema, b...
Saving the U.S. means rethinking mobility AND LAND USE
4 Jan 2009 at 7:05am
Streetcar on F Street, postcard image. Note pedestrians, cars, a horse drawn carriage, and a streetcar.I was reading the latest issue of the Sustainable Transportation Magazine from the Institute for...
|
|
|
Best sellers from
[CaRP] XML error: junk after document element at line 1
|
