Good info, thank you.
I am actually trying to increase coverage on garage bound cars while
reducing costs for road cars. I have 20 or so SAABs, some in great
shape some resto candidates but those are VERY rare cars (only 250
built or maybe just 50 built) so minimal coverage under my current plan
is almost useless.
Lester
On Mar 10, 2005, at 9:59 AM, Jay Fishbein wrote:
> You will get all kinds of opinions on this question, primarily along
> the
> lines of what one company charges as opposed to another, how someone
> saved $10.00 by switching to this company or that, or something like:
> "I've had great service from Brand X, but no claims yet." Most
> responses
> are not going to be from people with real claim experiences.
>
> First recommendation: Purchase it through your current insurance agent
> so this coverage can be coordinated with your other auto insurance and
> umbrella liability coverage.
>
> Second recommendation: Purchase the same liability and uninsured
> motorists limits as your primary policy.
>
> Third recommendation: On the application, answer all questions
> truthfully.
>
> Fourth recommendation: Read the use conditions and limitations on the
> application and take them literally.
>
> Fifth recommendation: Verify in writing that the physical damage
> coverage is "Agreed Value" coverage and NOT "Stated Amount".
>
> The fourth recommendation is one that you will receive incorrect advice
> and various anecdotal examples of how to get around the use
> limitations.
> All I can tell you is this. All of the companies invoke those
> limitations. None, in my experience, allow you to use the vehicles for
> daily transportation, even on an occasional basis. Like any insurance
> claim event, a company might look the other way for a relatively small
> property-damage-only claim/comprehensive or collision claim, but should
> you have a real bodily injury liability claim, expect rough seas if the
> date and time of loss is something like Tuesday morning at 9:00am or in
> a Wal-Mart parking lot. As is true in any business or trade, the claim
> departments in the insurance companies have heard all of the stories,
> most much more creative than "I was on my way to my mechanic".
>
> If you plan on using your Spridget for daily driving, add it to your
> primary auto policy and add "Agreed Value" physical damage coverage.
>
> --
>
> jay fishbein
> wallingford, ct
>
> Independant Insurance Agent - Connecticut since 1978
> http://home.ix.netcom.com/~type79/
> <http://home.ix.netcom.com/%7Etype79/>
>
>
>
> Lester Ewing wrote:
>
>> Ok, who has had good experiences with classic car insurance
>> companies? And which ones would you recommend?
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