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Can't find market for custom vehicle
Posted: Wed Jan 07, 2009 1:49 pm
by MSchneiderman
I have a client that recently purchased a Ford F-150 with a 'Foose' high performance package. The base price of the truck was $35,000+ and the performance package is an additional $18,000+. The truck is the insured's primary vehicle. I am located in Southern California. I have not found anyone that can insure the vehicle for the full value of the truck because of the value of the aftermarket package. This can't be the first time this has happened....help!
Re: Can't find market for custom vehicle
Posted: Thu Jan 08, 2009 11:40 am
by KED
Re: Can't find market for custom vehicle
Posted: Thu Jan 08, 2009 11:54 am
by Rjohnson
Try United Marine Underwriters at 1 (800) 477-7140.
Re: Can't find market for custom vehicle
Posted: Thu Jan 08, 2009 11:56 am
by SFOInsuranceLady
You can try J. E. Brown & Associates in Walnut Creek (American Modern Elite Auto). Web page is
http://www.jebrown.net.
Phone number is (800)955-8213. Good luck!
Re: Can't find market for custom vehicle
Posted: Thu Jan 08, 2009 12:36 pm
by MSchneiderman
I tried Hagerty and American Modern (and J.C. Taylor). They all have issues with the vehicle being used for regular use. I'll give United Marine a try.
Re: Can't find market for custom vehicle
Posted: Thu Jan 08, 2009 1:16 pm
by SFOInsuranceLady
Wow....let's see. This may be one for a Lloyd's Correspondent. You can try Cambridge General Agency/Valley Insurance.
I believe they have an office in West Covina. Try:
http://www.cambridgega.com. You can also try Whicomb Insurance Services in Redondo Beach, phone number is (310)792-4900 (they do a lot of non-standard commercial auto.It may be worth a try or they can refer you) and Bliss & Glennon, also in Redondo Beach, (800)829-7330. Hope this helps!
Re: Can't find market for custom vehicle
Posted: Thu Jan 08, 2009 4:13 pm
by ckerrigan
Did you try State Farm??
Re: Can't find market for custom vehicle
Posted: Thu Jan 08, 2009 4:15 pm
by MSchneiderman
I'm a Farmers agent!
Re: Can't find market for custom vehicle
Posted: Thu Jan 08, 2009 7:10 pm
by slobob
Might have a market: 775-287-4216
Re: Can't find market for custom vehicle
Posted: Fri Jan 09, 2009 10:49 am
by KHoney
I found a few markets on IJ's sister site, MyNewMarkets.com, which acts as a search engine specific to the insurance industry and even more specific to hard-to-place markets. Use the seqarch engine or place your question in the forums there as well! Here are a few I found:
http://www.mynewmarkets.com/main.php?p=1863
http://www.mynewmarkets.com/main.php?p=3272
http://www.mynewmarkets.com/main.php?p=2449
Good Luck!
KHoney
MyNewMarkets.com