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By Caterina Pontoriero, PropertyCasualty360.com |
March 9, 2012
Classic car owners are passionate about their vehicles, keeping them as showroom pieces in their homes or driving them around to catch people’s eyes. Whether kept indoors or occasionally driven, however, these vehicles need to be insured against everything from water damage to collisions. Here are 12 important facts about...
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February 24, 2012
A Chartis client with a Ferrari Enzo—one of 400 made—was “driving too enthusiastically” and put it into a wall, says Ron Fiamma, vice president and director of private collections with Chartis’ Private Client Group. The claims adjusters determined the vehicle was a total loss and were ready to write a...
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By Bryant Rousseau, PropertyCasualty360.com |
February 24, 2012
Although many collector cars are of the type that call out for pedal-to-the-metal speeds—Ferraris, Lamborghini’s, Maseratis—insurers are, not surprisingly, touchy about these six-, seven- and even eight-figure vehicles competing on the racetrack.
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By Bryant Rousseau, PropertyCasualty360.com |
February 24, 2012
For independent agents and brokers looking to break into the Classic Car niche, one of the best bets is to attend a local event for enthusiasts of the hobby.
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By Bryant Rousseau, PropertyCasualty360.com |
February 24, 2012
How are Classic & Collectible Car policies different from Standard Auto plans? Three key characteristics make this line of insurance unique.
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February 24, 2012
While an unabashed love of classic cars is what really drives collectors to spend millions or even tens of millions on the hobby, the purchases—in addition to providing ego boosts and adrenaline rushes—often prove to be good investments as well.
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By Chad Hemenway, PropertyCasualty360.com |
December 15, 2011
What started as an option for high-net-worth homes in Florida has quickly grown to 30 markets with plans to expand more.
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September 16, 2011
Buyers and brokers discuss doing business with Chartis three years after the government bailout of its parent company, AIG.
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By Chad Hemenway, PropertyCasualty360.com |
July 14, 2011
While convincing collectors that they need to insure their art can be a challenge, those who crack the coverage code can find they’ve gained access to extremely desirable clients.
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By Chad Hemenway, PropertyCasualty360.com |
July 14, 2011
Producers who know the ins and outs of securing coverage for an art collection, expensive wine cellar or million-dollar foreign sports car may find that this expertise gets their foot in the door with some highly desirable clients.
