Restoring a collector vehicle is a labor of love, so it shouldn’t leave a customer heartbroken when it comes to insurance coverage. At American Collectors Insurance, we insure vehicles undergoing active restoration, even if the car isn’t registered or drivable yet.
We know the restoration process is often a lengthy and expensive undertaking. That’s why American Collectors is there every step of the way. In the beginning of the process, we can offer comprehensive coverage in case of fire, theft, vandalism, etc. As the restoration progresses, so can the coverage! As the car increases in value, American Collectors will adjust the Agreed Value coverage upon request by the customer.
We do have a few guidelines to follow. The vehicle and/or its components must have some intrinsic value before we can insure it. Also, we require that the restoration take place on the insured’s premises. However, temporary restoration off the premises is acceptable during the overall process.
If you have any questions about insuring vehicles that are being restored, call one of our representatives or check out the agents’ website. They can both walk you through the process. Phone 800-360-2277, www.AmericanCollectors.com/Agents.