Who will insure a gray-market vehicle?
I have a '92 Daihatsu Hijet. I imported it from Japan. It has a 659cc engine and a four-speed manual two-wheel drive. It's gonna be my everyday truck so I need to get it insured.
Asked by Mark Glenn Buchanan May 12, 2021
Answer provided by
Answered at May 12, 2021
Hi Mark, the ‘92 Daihatsu Hijet is a very cool little truck!
In most cases, you would be able to place your vehicle with an insurance carrier specializing in collector vehicles like Hagerty or Grundy. However, since you mentioned it would be your daily driver, they may not accept it. Usually, collector carriers will only write a policy if you already have an underlying policy for your regularly driven car.
Reach out to The Hartford; they may provide a liability car insurance policy and possibly full coverage with a stated or agreed value.
The other option is to find a local broker. Once they have the specifics and understand the situation, they can negotiate a policy on your behalf with the correct carrier.
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