WARREN, N.J., March 16, 2011 /PRNewswire/ -- A new free mobile application can help take the guesswork out of buying classic and collectible cars by searching an extensive database of sales histories and online markets. The Classic Car Guide, created by the Chubb Group of Insurance Companies, provides real-time data about collector vehicle values that can help users make informed purchasing decisions.
Powered by Keith Martin's Sports Car Market's database of more than 100,000 auction entries, the application provides up-to-date and accurate sales information for domestic and foreign collectible cars. Users can search the collector car transaction data by vehicle identification number (VIN), make, model and year to help determine a fair current market price and to obtain insurance quotes. Photos of collector vehicles and 20 years' worth of reference articles from Sports Car Market are also available through the application. In addition, users can search for collector vehicles currently listed for sale on Craigslist and eBay.
"This one-of-a-kind mobile app will give confidence to car enthusiasts who might be reluctant to bid at a collector car auction because they're afraid of being taken advantage of," said Jim Fiske, U.S. marketing manager for Chubb Personal Insurance. "Classic Car Guide levels the playing field for those just entering the hobby and allows them to think with their heads, not their hearts, when the car of their dreams is for sale. The application can also help them quickly determine how much it would cost to insure that car."
Two versions of the app are available now through the iTunes App Store: Classic Car Guide for iPad and Classic Car Guide for iPhone. The app will soon be available for Android-based smart phones and the Blackberry, and agents and brokers will be able to download a desktop version.
The member insurers of the Chubb Group of Insurance Companies form a multi-billion dollar organization providing property and casualty insurance for personal and commercial customers worldwide through 8,500 independent agents and brokers. Chubb's global network includes branches and affiliates in North America, Europe, Latin America, Asia and Australia. Chubb is a worldwide leader in insuring fine homes, automobiles, yachts, antiques, classic cars and other collectibles, and personal liability.
SOURCE Chubb Group of Insurance Companies