I remember way back when, when I had the 1st '72..a convertible we had rebuilt from a wreck. Insurance for a 17 year old driver was INSANE! Had to ahve a co-signer at that. In the end, they were right to be concerned....wrecked it twice, and then had to get rid of it.
Apparently, the problem is with getting a specific
type of insurance, in this case. I assume he is looking at Collector/Classic car insurance w/stated value? Not that it matters, but still....their point of view is that "it is a young feller with a Corvette, so he's obviously gunna be rippin up the streets, and being careless. Too much risk, but thanks for stopping by."
Could he not get a regular policy just to obtain the title transfer, then try to locate insurance with a stated value?
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Joel Adams
C3VR Lifetime Member #56
My Link
(click for Texas-sized view!) NCRS
"Money can't buy happiness -- but somehow it's more comforting to cry in a CORVETTE than in a Kia"