"RacecaR" (RacecaR)
07/08/2014 at 16:29 • Filed to: None
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"RacecaR" (RacecaR)
07/08/2014 at 16:29 • Filed to: None | 1
| 9 |
I am still in the super early stages of planning out the importation of an automobile, mostly because the one I want is not yet able to be imported.
But I want to make sure everything is looked into and covered prior to me beginning the long task of saving money.
I am in a state that does not do inspections on cars for tags. So I am not too concerned about emissions and all that.
My main thought/concern now is insurance. How does it work? Is it the same as insuring any other car? Or is there special limitations (like insuring under a classic/antique status)?
Thanks for any info. In return, here is an RWB Porsche.
Party-vi
> RacecaR
07/08/2014 at 16:38 |
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The best thing to do is call your current (or any other) insurance company for a quote. I would call someone like Hagerty or Grundy for classic or agreed-value insurance. Bird and Ferrero1911 may be of some assistance .
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RacecaR
> Party-vi
07/08/2014 at 16:48 |
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Yeah, I was hoping they would see this.
Bob Loblaw Made Me Make a Phoney Phone Call to Edward Rooney
> RacecaR
07/08/2014 at 17:02 |
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Have a car on a boat on its way over right now. I can answer some questions.
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RacecaR
> Bob Loblaw Made Me Make a Phoney Phone Call to Edward Rooney
07/08/2014 at 17:04 |
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Basically just are there any hoops the insurance company is making you jump through? Any special "status" on the insurance? Limited driving? Or are they just insuring it as an old car?
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Bob Loblaw Made Me Make a Phoney Phone Call to Edward Rooney
> RacecaR
07/08/2014 at 17:09 |
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Mine is an E30 Touring, so I have the benefit of the fact that E30s were sold here originally, just not in touring guise. Mine will be insured just like any other late 80s BMW would be. Can't really speak to anything outside of that, but my insurance company didn't bat an eye.
What are you looking at importing?
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RacecaR
> Bob Loblaw Made Me Make a Phoney Phone Call to Edward Rooney
07/08/2014 at 17:11 |
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A Lancer Evo IV.
I will just have to keep my eyes/ears open for other to import first, and see how it goes for them. I still have another 7 years before they are legal to import.
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Bob Loblaw Made Me Make a Phoney Phone Call to Edward Rooney
> RacecaR
07/08/2014 at 17:20 |
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I think all I can add to that is that many of those classic car/agreed value companies, like Hagerty, are generally not structured to insure cars which get used often. Hagerty has some insane mileage limitations, for sure. I think your local, plain-jane insurance office will probably have more competitive rates and be more agreeable to the idea of insuring an imported car than you might think, especially if you shop it around some.
Nobi
> RacecaR
07/08/2014 at 19:05 |
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Isn't the Evo IV the same chassis as the US Mitsubishi Mirage(the old one)? Some insurance companies will go by an equivalent car if it exists if I'm not mistaken.
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RacecaR
> Nobi
07/08/2014 at 21:43 |
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It is, kind of. The rear is different because of the AWD, but yeah, pretty much the same chassis. I was hoping it would just be insured as a 5th gen Mirage sedan, but I'm not getting my hopes up.