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Old 24th November 2010, 15:54   #1
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Default Tata AIG now offers insurance coverage to Vintage & Supercars

High Points

- Tata AIG rolls out its Car Insurance Portfolio for High Value cars.

- Private Client Group, a specialized division of Tata AIG, has been set up to deal with HNIs.

- This specialized Car Insurance provides benefits such as Bespoke Protection for Premium and Collector Car, Vintage Car Protection and High Value Car Replacement in case of any damage.

- Private Client Group takes into consideration client preferences for the manner in which they would like their prized cars handled in the event of loss, damage or theft.

Link to more information
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Old 25th November 2010, 21:26   #2
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This sounds good. Have you spoken to them on this offer. Would they actually insure classics & vintage cars for their "real value"

If they offer this service I know enough friends who will insure the vintages / classics/ new cars as a block.

Thanks for the link



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Old 26th November 2010, 12:07   #3
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Quote:
Have you spoken to them on this offer. Would they actually insure classics & vintage cars for their "real value"
Ricky, nope have not spoken to them. This press release was received by us. Would be great if other vintage / supercar owners speak of how they go about their insurance, and if anyone has experience with Tata AIG.
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Old 3rd December 2010, 21:13   #4
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All the Vintage & Classic car owners that I know, around 50 cars & counting, have all got 3rd party insurance.

Infact the W124 that I have came with a comprehensive insurance cover valid till Jan 2011, but the company is not ready to insure it now. Though it is FAR BETTER shape & condition than it was when I bought it.

Insuring Supercars is not a problem. The value being astronomical, the company is happy to charge lacs of Rupees in premium. Having said that how many super cars are actually driven on a day to day basis ? They mostly sit in garages in farm houses...




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Old 6th March 2011, 17:54   #5
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Default Re: Tata AIG now offers insurance coverage to Vintage & Supercars

Hello,

I want to insure my classic, but my Tata AIG agent says that I need to be a certified member of the VCCCI. Is this true?
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Old 6th March 2011, 20:55   #6
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Default Re: Tata AIG now offers insurance coverage to Vintage & Supercars

As much as I know most classic/vintage cars on company name get insured as specialised movable assets like machinery in plants and not as vehicles. This helps in reduced depreciation and sometimes even appreciation in IDV basedon their value in the balance sheet.
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