Post by
MaineExport »
https://forums.nicoclub.com/maineexport-u157.html
Tue Oct 26, 2004 7:03 pm
Fiz,
If you want to protect your investment you might be able to up your insurance coverage. My race quad is worth WELL over $12,000, but the retail value is what they usually insure. It retails stock for only $3200.
I pay extra insurance premiums now, but I have it protected from theft, fire, and collision up to $12,000. So, even if some low-life prick decides he deserves my quad more than I do, I get reimbursed for everything I have invested into it... other than my own labor equity.
So, once it's a complete project, get it insured for replacement value of all the mods and obviously the car as well. Your premiums will increase, but if you've put a ton of money and hours into building this car, it will give you peace of mind and a check in your pocket if the worst case scenario happens.