NSM Insurance Group has acquired Condon & Skelly Collectable Vehicle Insurance, an insurance broker in the antique, classic car, and street rod market.
According to NSM Insurance, the coverage would be available for collectable vehicles such as antique and classic vehicles including trucks and motorcycles; collectible special interest and modern classics; vintage fire trucks, farm tractors and military vehicles; street rods, customs and modifieds; and kit cars (including cobras) and replica vehicles under active restoration also may qualify for coverage.
The insurance coverages would include for bodily injury and property damage liability coverage; uninsured motorist coverage; underinsured motorist coverage; personal injury protection; collision coverage; and also comprehensive coverage.
Geof McKernan, CEO of NSM Insurance Group, said: This great opportunity was brought to us by Jason Murgio and Don Emeigh of Merger & Acquisition Services. We will continue to offer the best mix of insurance products, with a preeminent carrier, at affordable prices to vehicle collectors.
As a collector myself, I’m elated to be part of this cool marketplace. We also have some new business practices and technology coming down the road that will revolutionize the ease of doing business for collectors and their insurance agents.