Chubb Insurance Company of Canada has created a specialized insurance policy that addresses the unique needs of collector vehicle owners. The policy is available in Alberta, Ontario and Quebec.
"Collector vehicles are unique investments that require unique insurance protection," said Paul Johnstone, senior vice president of Chubb Canada. "Our new Masterpiece Collector Vehicle policy addresses the more complex coverage needs of collector vehicle owners."
The policy provides no kilometer restrictions, a $0 deductible, stolen vehicle reward coverage, coverage for newly acquired vehicles (up to the purchase price for 30 days prior to reporting a purchase to Chubb) and choice of body shop for restoration and repair.
"Our program is truly world-class," said Johnstone, who explained that Chubb has long been a leading insurer of collector vehicles in the United States and United Kingdom.
Chubb also sells collector vehicle policies in several other European markets, including Austria, Belgium, Germany, Ireland and the Netherlands, and sponsors several major collector car shows and auctions around the world.
Chubb Canada also offers collector vehicle owners and other customers several insurance products that help protect investments in homes, autos, watercraft, fine art and other valuable possessions.
Since 1882, members of the Chubb Group of Insurance Companies have provided property and casualty insurance products to customers around the globe. These products are offered through a worldwide network of independent agents and brokers.