The annual spectacle known as Detroit’s Woodward Dream Cruise is just a few short weeks away. It's the world's largest one-day automotive event, drawing 1.5 million people and 40,000 classic cars each year from around the globe.
Should you happen to attend, you’ll meet many prospects for collector car coverage available through Big "I" Markets. Our partner Chubb will entertain new collector car risks as long as:
- All operators in the household have good driving records
- The vehicle is not operated by anyone under the age of 25
- The operator has experience operating similar vehicles (for example, high-performance cars)
- There is one regular-use vehicle per operator
- The vehicle is used primarily for collector car purposes
- The vehicle is not used during instruction, practice, preparation for or participation in any competitive, prearranged or organized racing or speed contest
- The vehicle is not used on a racetrack, test track or any other course of any kind
- The vehicle is garaged
Minimum vehicle age for eligibility is 30 years old. For monoline business, Chubb generally does not accept newer special interest cars, such as Ford Mustang Shelby GT500 vehicles with model years of 2007 or later, but could consider them for an entire account situation provided the usage and security are acceptable and Chubb also writes the regular use vehicles. Some examples of cars not quite 30 years old that might qualify include early Mercedes SL vehicles, Porsche 911 and 928 models and Land Rover Defender 90 and 110 vehicles. Usage and security will be key factors.
Learn more by logging into Big "I" Markets.