I think it does, because one of the things they base thier premiums on is location. I tried to insure my truck in NC, but it was located in MN and they said they couldn't do it.
On another note...
I am going to be shipping my car to Conneticut for a lot of work, will they cover the car if it's in work somewhere else or would my own theory apply to out of state coverage?
Scott, I am no insurance professional, but check with your homeowner's company. As long as the car is not running, you probably don't need Car insurance. See if you can just bump your homeowners to cover the value like you would a new diamond or gun collection. As long as you don't drive the car at all, just talk with them.
Funny you should ask Scott. I just changed insurance companies. Progressive was doing my regular cars and commercial van and town and country was doing my Camaro. I had a non moving violation on my truck and progressive tried to raise my rates by $50 per month and I told them to F*****f. I called around and went to my Camaro insurance people and they ended up saving me $125 per month on all my cars. Progressive was ripping me off and trying to tag me with non moving violations to raise my rates. Town and Country also did a "agreed upon" value on my camaro in case of a total loss.
Haggerty has been easy to work with but they bumped my premium 50% when I added my rollbar. Said it became 'modified' although they were very flexible on the motor.
Unbelieveable! I have NEVER heard of such a thing.
I have Grundy via NW Classic Car Insurance, and they have been great. I pay $130 a year for close to $20k full covarage and no milage limits. They know it is a project car and don't care and told me as I build the car and need the policy to increase just to give them a call...not a problem.
I first had State Farm as I do with all my other insurances...but they no longer cover project cars. They didn't cancel my policy but wouldn't increase it over the $3k it started at and that made the wife nervous as this has been quite the money pit!
FWIW, my home policy covers all the parts that aren't bolted to the car, but the body shell isn't covered.
Make sure you get an agreed upon value policy, this wont be a problem with Grundy.
I have Parish-Heacock. I tried to go with Hagerty or Grundy (forget which) but they had a problem with my roll cage and harnesses. Parish-Heacock have been very flexible - I send them updates on my car about once a year and update the agreed upon value.
Bill, my homeowner's policy wouldn't cover any parts actually on the car, even though it was not running and in a project state.
Thanks for offering me your help. I may need it. I am shipping my car to E-Muscle in Middlefield. I have been talking with Brian there and he seems to be pretty cool with everything I want to do with my project.
Quote:
Originally Posted by BC69
Shawn,
Where in CT are you shipping the car? If its close to me and you ever need help with something let me know.
Brian Hobaugh SCCA National Tour June 2014
First Hemi 'Cuda Convertible Ever Built
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