[Shotimes] Stated Value Insurance

Mark Kelley mkelley1@gt.rr.com
Sat, 12 Apr 2003 10:04:28 -0500


Excellent information!  This is why I love this list.  I had limited
knowledge of Grundy but threw it out there anyway and sure enough someone
pops up with first-hand experience.

Mark

> -----Original Message-----
> From: shotimes-admin@autox.team.net
> [mailto:shotimes-admin@autox.team.net]On Behalf Of John Weidenbenner
> Sent: Saturday, April 12, 2003 9:54 AM
> To: George Fourchy; shotimes@autox.team.net
> Subject: Re: [Shotimes] Stated Value Insurance
>
>
> 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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