Kit cars can be great fun and building one makes for a fantastic hobby. However, a kit car is not a toy and when it comes to insuring you need to treat it in the same way you would any other vehicle, which is why you need specialist kit car insurance.
Why you need kit car insurance?
As with any other vehicle a kit car must be insured in order for you to be able to drive it on the road. However, finding kit car insurance takes more forward thinking than other forms of car insurance because you need to have your kit car insurance in place before you’ve ordered your parts, such as the frame of the vehicle.
The reason for this is that your insurance will protect you against the loss or damage of parts being sent to you to construct your kit car, which means you are covered for that eventuality and won’t end up losing money if your parts are lost, stolen or arrive damaged.
Finding the best kit car insurance
Although some high street insurers offer policies specifically designed for kit cars, many enthusiasts agree that it’s better to search for a specialist insurer who understands the insurance needs of kit car owners more fully.
You can find lots of specialist kit car insurance companies online that deal purely with kit cars so you can rest assured that you’ll be getting the cover that you need. When searching you can start by looking at price comparison sites so you can find lots of different quotes. When using a price comparison site always try to enter as much relevant information into the site as possible as this will help you to find the most accurate quotes that will suit your needs better.
When you have found a few quotes that you like the look of visit each site directly so you can study each policy in detail and check the small print to ascertain exactly what is and what is not covered on the policy you are considering choosing.
Reducing the cost of kit car insurance
Once you’ve decided on a policy you like the look of there are ways to reduce the cost of the insurance, just as there are with any other form of car or vehicle insurance. Firstly, make sure that the policy you are considering does not include cover for things you don’t need. For example some policies will cover for damage caused by close proximity to the sea, but if you don’t live by the sea then you don’t need it.
Secondly, you can consider increasing the excess that you are willing to pay if you need to make a claim, but bear in mind that if you do claim you will have to find the extra funds, so only do this if you are positive that you can afford it.