Most conventional policies will, in the event of a write off, pay out a sum equal to what the insurer decides is an agreeable market value for your car in the condition that it was in before the accident.
Given the specialised and unique nature of kit cars, a price cannot be worked out quite so easily. Instead, the insurer will, at the opening of the policy, work out an ‘agreed value’ that will be paid out.
This is also down to the fact that kit cars are far less likely to depreciate in value when compared to a conventional car. In fact, they often tend to increase in value – so this is something worth taking into account.
Insuring a kit car will more than likely cost a little more than insuring a normal market car, but the extra cost is worth it, given the nature of the vehicle. Compare car insurance quotes using our free and impartial comparison tool and you can make sure that you’re not paying over the odds to insure your pride and joy - to get started, click the button below.