Can We Insure Category N (CAT N) Vehicles?

Yes, it is possible to insure Category N (CAT N) vehicles through our service, but there are some important considerations to keep in mind:

• Difficulty in Underwriting: Insuring CAT N vehicles can be challenging because underwriters are often cautious due to uncertainties around the rebuild quality and safety of these cars.
• Higher Premiums: Typically, the insurance premiums for CAT N vehicles are higher. This is due to the increased risk perceived by insurers.
• Documentation: Having a comprehensive set of documents about the crash and subsequent repairs can significantly help. This information allows us to work more effectively with underwriters to get your vehicle insured.

Detailed Information:

Insuring CAT N vehicles involves more scrutiny than standard vehicles. Underwriters usually require extensive documentation to assess the vehicle’s safety and rebuild quality. Here are the steps you can take to improve your chances of getting insurance for your CAT N vehicle:

1. Provide Full Documentation: Ensure you have a complete set of documents detailing the accident and the repairs done to the vehicle.
2. Work with Us: We will do our best to liaise with underwriters on your behalf, leveraging the information you provide to secure the best possible terms.
3. Be Prepared for Higher Costs: Be aware that the premiums for insuring CAT N vehicles are generally higher due to the perceived risks.

While we can attempt to secure insurance for CAT N vehicles, success depends largely on the underwriters’ assessment and comfort level with the provided documentation. Custodian is out to help enthusiasts in general. With circumstances where perhaps the high level status of a vehicle doesn't represent its quality due to its label, we look to use evidence in our ownership tooling to give underwriters a better picture of the actual risk involved.

Updated on: 27/06/2024