The information appears to be slightly dated though (25/11/10), but while casually surfing the WWW I came across this interesting piece of news on the Business Standard website. Tata AIG now offers a special scheme to insure the high-value vintage and collectible cars. Nice move, and I always wondered how exactly are these beauties insured.
Private insurer Tata AIG General Insurance Company on Wednesday brought out a new offering for insuring high-value cars for High Networth Customers. This specialised insurance from the private insurer provides benefits like bespoke protection for premium and collector cars, vintage car protection and high-value car replacement in case of any damage, the company said in statement here. Tata AIG General Insurance is a specialised division of Tata AIG that focuses exclusively on the insurance needs of HNIs and helps protect their fleet of high-end cars, houses, fine art, jewellery, rare antiques, etc, it said.