[Shotimes] Stated Value Insurance

Ron Porter ronporter@prodigy.net
Mon, 14 Apr 2003 13:30:20 -0400 

I would NEVER drop Comp on any car, and I carried Collision on the '89 for
all 10 years I had it. For a $500 deductible, the cost dropped into the
$200/year range, and the car was still worth around $2K if it got totaled.
Remember, the replacement value is the Retail book value. On an 8-10
year-old car, getting bumped at a traffic light will total it! Seemed like a
good deal to me!

Ron Porter

-----Original Message-----
From: shotimes-admin@autox.team.net
[mailto:shotimes-admin@autox.team.net]On Behalf Of
Mike.Wojton@us.o-i.com
Sent: Monday, April 14, 2003 8:12 AM
To: shotimes@autox.team.net
Subject: Re: [Shotimes] Stated Value Insurance


I had thought about dropping comp and collision coverage when
I had the green car.  I figured it was paid for, what the heck.
Boy am I glad I didn't!  It was a hit and run in the middle of the
night.  I'd have been out of luck if I had.

You never know what's going to happen.


Mike Wojton
Toledo, Ohio

-'95 Green MTX  3/01-1/03
   ShoShop y-pipe

-'95 White MTX
   '96 Brake Upgrade

None of us is as dumb as all of us.



shotimes-admin@autox.team.net wrote on 04/12/2003 04:34:43 PM:

> State Farm offers it. I haven't checked to see what the restrictions
are. I
> just dropped collision and comprehensive since I have a $1000 deductible
on
> both.
>
> Paul L Fisher
> '93 Ford Taurus SHO Crimson Clearcoat ATX 171K Build date 11/18/1992
> - K&N Panel filter, Tokico Struts, Eibach Springs, Dynomax cat-back,
Holley
> 190lph fuel pump, FPS rebuilt ATX, 26mm rear sway bar, Performance-Plus
> Stainless Steel Y-pipe, '96 brake upgrade, Proportioning valve plugs,
Delrin
> sub-frame bushings, Amsoil Series 2000 0W-30 oil, Amsoil Synthetic ATF.
> '00 Ford Explorer XLT 5.0L V8 AWD Oxford White Clearcoat 41K Build date
> 11/19/1999
> - Amsoil Series 2000 0W-30 oil
>
> SHO Club member http://www.shoclub.com/
> Check out my web site http://www.paul-fisher.com/
> Amsoil dealer http://www.paul-fisher.com/oil.htm
>
> Get $5 free from Paypal! https://www.paypal.com/refer/pal=P3XEFFBFUFKN6
>
> ----- Original Message -----
> From: "Mark Kelley" <mkelley1@gt.rr.com>
> To: "John Weidenbenner" <johnjweid@earthlink.net>; "George Fourchy"
> <krazgeo@jps.net>; <shotimes@autox.team.net>
> Sent: Saturday, April 12, 2003 10:04 AM
> Subject: RE: [Shotimes] Stated Value Insurance
>
>
> > 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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> > > > > Shotimes@autox.team.net
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