Kind of surprising.. insurance being a problem
I have an '89 Nissan Pathfinder as my primary transpo.
Both of my BGT's only cost me $400 a year each for full comprehensive and
liability.
The wreck of my first GT (YB)
http://www.amdyne.net/~wizardz/yb_description.htm
State Farm payed me more than I payed for the car including all rest. work $
invested
Putting historic tags on it would have cost me more plus in MD you're
limited
in mileage you're allowed to put on it per year with hist. tags
Even totaled, it is still insured by S.F. at no increase in premiums
-----Original Message-----
From: William M. Gilroy <wmgilroy@lucent.com>
To: mgs <mgs@autox.team.net>; spridgets <spridgets@autox.team.net>
Date: Friday, August 07, 1998 10:36 AM
Subject: Collectors Insurance for LBCs
>I don't want to beat this to death but I have not seen this discussed yet.
>Since I have gotten my 77 Midget running I am starting shop for insurance.
>Currently my Midget needs work. It requires a new right front wing, paint,
>carpet, seats, and a hood. There are some minor dings and rust spots that
>have to be removed. Also the color now is a faded orange. I called
several
>of the collectors insurance companies and this is what I found
>
> 1. Hagertys: The car must be 25 years or older. So they are out.
> 2. Grundy: Car must be restored.
> 3. American Collectors Insurance: car must be worth 3K or more.
They
> want a photo of the car.
>
>Obviously my Midget is not yet restored and is not yet worth 3K. Has
anyone
>found a company that offers collectors insurance for a car that is under
>restoration and should be complete within 1 year? Any advice would be
>helpful. If that fails I will just have to cough the $500-$600 for a
second car
>on my regular insurance policy. The price of living in scenic New Jersey
:-(
>
>--
>William M. Gilroy
>77 Midget, now running, but idling fast
>E-mail: wmgilroy@lucent.com
>Telephone: 732-957-4775
>Fax: 732-957-4775
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