[Shotimes] Stated Value Insurance

[John Weidenbenner]

I just talked to Grundy about coverage on a 96 Z28 convertible. The
experience left me shaking my head about their customer service.

I too saw the tv interview and applied online. Nowhere online did they state
all the restrictions to cover a collector car. In my case the car was too
new, unless 4 or more later model collector cars were to be covered. Ok, I
can understand this. Otherwise I met their all their stated criteria.

Their problem is poor communication. after receiving a nice email reply
(form letter) stating a detailed application would arrive shortly in the
mail nothing happened. I called only to be quickly assured that the form was
in the mail. Another week went by so I called and insisted an update on the
situation. This time a snippy young lady, that apparently had better things
to do, looked me up. She informed me that one later model car was not
coverable by itself and promptly hung up on me. In the meantime I had waited
two weeks for this determination. I never did receive anything in the mail.

I would not expect Grundy claim service to be any better than the service I
received. I recommend avoiding them.

John W.

----- Original Message -----
From: "Mark Kelley" <mkelley1@gt.rr.com>
To: "George Fourchy" <krazgeo@jps.net>; <shotimes@autox.team.net>
Sent: Saturday, April 12, 2003 8:05 AM
Subject: RE: [Shotimes] Stated Value Insurance


> George,
>
> Check out Grundy Worldwide at:
>
> http://www.grundy.com/
>
> They have what is known as "agreed value" insurance which I believe is the
> same you're talking about.  Awhile back, My Class Car had a segment on
> insuring classic cars and they talked to Jim Grundy and the rates sounded
> reasonable.
>
> Mark
>
> > -----Original Message-----
> > From: shotimes-admin@autox.team.net
> > [mailto:shotimes-admin@autox.team.net]On Behalf Of George Fourchy
> > Sent: Friday, April 11, 2003 6:06 PM
> > To: shotimes@autox.team.net
> > Subject: [Shotimes] Stated Value Insurance
> >
> >
> > I tried sending this to TechSHO twice, but it wouldn't get
> > there.....maybe that list
> > is doing it's "bouncing off" thing again.
> >
> > Has anyone had any experience with insuring a car for "stated
> > value"?  I'm planning
> > on doing that for the SHOs around here from now on, due to the
> > obvious but (up til
> > last Thursday) ignored fact that it doesn't take more than a bump
> > to total a V-6 SHO
> > when it gets into an accident.   Lowrider is obviously totaled,
> > but USAA says they
> > will continue to insure it if I fix it myself and show them the
> > receipts to indicate
> > and verify that it was fixed correctly.
> >
> > USAA says they have a section or subsidiary of the company that
> > does that.  I just
> > want to know from previous users if there are any caveats or
> > cautions that I need to
> > be aware of that they might not tell me about, for whatever reason.
> >
> > I'd bet, if they think about it....a few others here might want
> > to know this
> > information, too.
> >
> > Seems like there are a couple of insurance types on the list.....??
> >
> > Thanks in advance....
> >
> > George and the dinged Lowrider, but it'll be all purty again for
Madison!!
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