Vehicle Under Construction coverage includes:
Automatic quarterly value increases
Your car’s Guaranteed ValueTM will automatically increase 10% per quarter up to a maximum increase of $25,000.**
Additional tool coverage
$250 worth of coverage for your automotive tools.
Access to member assistance towing
A dedicated toll-free number to classic and collectible vehicle towing specialists who can help you get your car back and forth from the shop.
Insuring a Project Car:
Because the process of restoring a collector vehicle is a significant part of the hobby, we are happy to offer coverage for vehicles that are being “actively” restored. An applicant must demonstrate that the vehicle is being actively restored. Good photographs and restoration details will help verify an active restoration.
* Rates subject to change.
** Value will return to original Guaranteed Value (AB: Guaranteed Value applies under the Guaranteed Value Plus Endorsement) at renewal, unless your client requests a value increase, and Hagerty agrees.
Some coverage not available in all provinces. This is only a general description of coverage. All coverage is subject to policy provisions, exclusions and endorsements.
We value your privacy. We will use the information you have provided to provide us with a response. We will protect your information and report to you immediately, in case of a breach. We will not sell or divulge any information to any other party. If you have questions about any of this, please direct them to Hordos Insurance Brokers Inc.