Pelling & Associates

Insurance Brokers / Consultants Inc.

 

Silver Wheel Plan | Custom Plan | Applications | Frequently Asked Questions | Contact Us


Custom Plan

Insurance Coverage for Modified's, Steet Rod's & Custom Automobiles

 

What is the Custom Plan?

Our Custom Plan is specifically designed to fill the insurance needs of Modified, Street Rod & Custom Automobile owners.

Special Benefits include:

  • Plan is available for Modified, Street Rod & Custom vehicles used for hobby and/or collector car activities, and not used for regular transportation, which are 15 years old or older
  • Automatic coverage up to $25,000 on newly acquired and replacement vehicles that meet the underwriting requirements of the Custom Plan (Silver Wheel to be notified within 30 days)
  • $2 Million Liability coverage
  • $100 Standard Deductible ($1,000 and $2,500 deductibles available)

Custom Plan features include:

  • Policy is written on a valued form (19A)
  • The coverage is for twelve months
  • Special discounts for owners of more than one vehicle
  • Special discounts for higher deductibles
  • Coverage available for Canadian Residents only
  • Coverage applies in both Canada and the United States
  • Fast professional Claims service and more!
  • 10 Years continuous driving experience required
  • No depreciation on partial losses

A current detailed appraisal, including colour photographs is required for all vehicles.

 

Do I Qualify?

The ability to offer low premiums is a direct result of our clients being some of the most responsible drivers on the road today. In order to continue to offer these very competitive rates, we must consider several important factors in the approval process:

  • Usage - Both our Silver Wheel Plan and Custom Plan provide insurance coverage for vehicles used for hobby and/or collector car activities, and not used for regular transportation (i.e., shopping, vacation, business and to and from work).
  • Driving Records - In general, one or two minor traffic convictions or claims are acceptable. We cannot offer coverage to those who have experienced major convictions such as Impaired Driving, Careless/Dangerous Driving or Suspensions within the past 10 years. All operators must be fully licensed over 10 years. Note all household driving records maybe subject to review.
  • Daily Vehicle Insurance - Every licensed driver must maintain a daily usage vehicle with insurance under his or her own name.
  • Appraisals - A detailed appraisal, including colour photographs is required for all vehicles.

 

The Custom Plan can provide insurance coverage for the following types of vehicles.

SPECIAL INTEREST AUTOMOBILE
A rare or limited production, low mileage vehicle 15 years and older, with desirable collector characteristics.

MODIFIED CUSTOM CARS, REPLICARS & STREET RODS
Any vehicle that has been changed from its original manufactured or "stock" condition. This includes changes in engine or drive train which were not available in the original manufactured year, increase in horsepower, or custom paint and/or decals. Generally, safety-related modifications such as steering, brakes or tires and wheels are not considered modifications.

VEHICLES UNDER ACTIVE RESTORATION
We recognize that the process of restoring a collector vehicle is part of the hobby. We will offer coverage on vehicles that are being "actively" restored. Our main concern is with low valued vehicles that never become fully restored. The applicant must demonstrate that the vehicle is in active restoration by providing quality colour photographs, details of the restoration, and a current detailed appraisal.

Coverage is underwritten by Aviva Elite Insurance Company

 

 

 

© Pelling & Associates Insurance Brokers/Consultants Inc.