Page 232 - Motor Insurance Ebook IC 72

The Insurance Times

purpose as internationally it has been found that red, or
yellow painted cars are more prone to accidents.

Inspection is also insisted on before acceptance of
military disposal vehicles and where requests are
received for conversion from 'third party risks' only policy
to Package cover at renewal or during the currency of
the policy

Insurance or imported cars present several problems.
There is a problem of obtaining spare parts. The cost
of repair of an imported car is also high, not only because
of the cost of materials but because of intricate design
which would mean more time spent on dismantling or
reassembling.

Such cars not older than 10 years are accepted on
comprehensive terms subject to an 'excess'. Some
insurers exclude damage to the windscreen. The policy
is invariably subject to the following endorsement.

This means that for imported vehicles where parts are
not available in the country, the cost for replacement will
be the price listed by the manufacturers in their catalogue
as the price for the sale of that country plus reasonable
cost of transport charges and custom duties. Air freights
is not covered.

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