Insurance for CGT - Any Suggestions?
#16
Addict
Rennlist Member
Rennlist Member
With the increase to $850K agreed value, my new premium is $4,108/yr with a 4K-miles/yr limitation on use. It's an "Exhibition Auto" classification that anticipates use in shows, club events, etc., including travel to and from events.
#17
Burning Brakes
No, the premium quoted upthread is way old - like 10 years ago.
With the increase to $850K agreed value, my new premium is $4,108/yr with a 4K-miles/yr limitation on use. It's an "Exhibition Auto" classification that anticipates use in shows, club events, etc., including travel to and from events.
With the increase to $850K agreed value, my new premium is $4,108/yr with a 4K-miles/yr limitation on use. It's an "Exhibition Auto" classification that anticipates use in shows, club events, etc., including travel to and from events.
#18
Drifting
CGT is 2302.00 per year.
Value - market comparable
Low mileage classification - 7500 per year
Deductible 1,000.00
W8MM - it's my understanding you are required to log and be able to prove the car was going or leaving an event.
Value - market comparable
Low mileage classification - 7500 per year
Deductible 1,000.00
W8MM - it's my understanding you are required to log and be able to prove the car was going or leaving an event.
#19
Addict
Rennlist Member
Rennlist Member
#20
Drifting
For those reasons I opted to the 7500 mile policy - maybe it's time to take the CGT cross country and get my moneys worth.
#22
I think it depends....
Like nuvolari, I have State Farm for 5 cars (CGT, 16M, AM V12VS, Bentley FS and Escalade) and I pay around $7500/yr. (clean record - well just recently got a ticket).
I asked AIG for a quote for just my CGT and 16M and it was $7500 for just those 2 cars....
However, I will say, I need to increase stated value on my CGT since its been over a year and the market has changed.
Like nuvolari, I have State Farm for 5 cars (CGT, 16M, AM V12VS, Bentley FS and Escalade) and I pay around $7500/yr. (clean record - well just recently got a ticket).
I asked AIG for a quote for just my CGT and 16M and it was $7500 for just those 2 cars....
However, I will say, I need to increase stated value on my CGT since its been over a year and the market has changed.