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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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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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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
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 |
July 26, 2010
In collecting, there is a passion, a sense of pride, and oftentimes a story that transcends the material structure of a particular item or group of possessions.
