stevegough
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 posted on 5/9/10 at 08:44 PM |
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At what point in your build do you insure?
The start / when you get it running / on its wheels / iva tested / registered / just after your first roll over  (just jesting!!).
Luego Locost C20XE.
Build start: October 6th 2008.
IVA passed Jan 28th 2011.
First drive Feb 10th 2011.
First show: Stoneleigh 1st/2nd May 2011.
'Used up' first engine may 3rd 2011!
Back on the road with 2nd engine may 24th
First PASA mad drive 26/7/11
Sold to Mike in Methyr Tydvil 19/03/14
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Hellfire
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| posted on 5/9/10 at 08:50 PM |
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When it's on it's wheels and running. Insurance is needed to be able to drive to IVA.
Phil
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LBMEFM
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| posted on 5/9/10 at 08:52 PM |
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I think you can get build insurance to cover those expensive parts in your garage. Have a chat with the guys from 2gether insurance
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big_wasa
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| posted on 5/9/10 at 08:57 PM |
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One of them jobs I need to get around to.
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scootz
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| posted on 5/9/10 at 09:05 PM |
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Start at the beginning! There are companies like Footman James, etc. who offer 'build insurance' to cover all your scattered parts at a
fairly reasonable price! Put it this way - I've yet to take out a 'build policy' that was in 3-figures.
I'd forgotten about it and let a few project policies lapse. It wasn't until a reminder arrived for one of the others a wee while ago
that I thought I'd better get my backside in gear!
It's Evolution Baby!
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TGR-ECOSSE
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| posted on 6/9/10 at 07:13 AM |
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From my experience i would insure everything you can and as soon as you start to build. I was insured for this thank f****
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stevegough
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| posted on 6/9/10 at 07:35 AM |
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All looks perfectly salvagable!
EEK !
Thanks for all replies guys!
Luego Locost C20XE.
Build start: October 6th 2008.
IVA passed Jan 28th 2011.
First drive Feb 10th 2011.
First show: Stoneleigh 1st/2nd May 2011.
'Used up' first engine may 3rd 2011!
Back on the road with 2nd engine may 24th
First PASA mad drive 26/7/11
Sold to Mike in Methyr Tydvil 19/03/14
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mcerd1
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| posted on 6/9/10 at 07:53 AM |
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I actually had my policy sorted out before I picked the kit up (at the time flux were offering cover on the delivery included in the price)
-
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Macbeast
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| posted on 6/9/10 at 08:05 AM |
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I couldn't find anyone to insure my build in a lock up 1 mile from my house.
I'm addicted to brake fluid, but I can stop anytime.
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BenB
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| posted on 6/9/10 at 09:13 AM |
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I got cover with flux. Cost me about £60 and last for years (until I finally got it on the road). It certainly makes sense when the wheels are on the
thing just because then it's easier to nick!
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stevegough
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| posted on 6/9/10 at 11:12 AM |
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Ok, guys - got the picture - I have just got it running (bought engine in april 2009) and last thursday was the first start - up. So now very nickable
- insurance asap.
The car is about 2 months from IVA, so not much to do - mainly electrical niggles - would you like a piccy?
 
Description
Luego Locost C20XE.
Build start: October 6th 2008.
IVA passed Jan 28th 2011.
First drive Feb 10th 2011.
First show: Stoneleigh 1st/2nd May 2011.
'Used up' first engine may 3rd 2011!
Back on the road with 2nd engine may 24th
First PASA mad drive 26/7/11
Sold to Mike in Methyr Tydvil 19/03/14
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scootz
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| posted on 6/9/10 at 12:27 PM |
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Bear in mind that it's not just the portability of it that puts it at risk! Fire and accidental damage are equally capable of robbing you of
all your goodies!
Get your goodies insured when their combined value exceeds the point where you can afford to just shrug your shoulders and say 'bah' if
they are nicked or broken!
It's Evolution Baby!
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