[Shotimes] Stated Value Insurance
Ron Porter
ronporter@prodigy.net
Mon, 14 Apr 2003 13:36:17 -0400
Don't think so. According to Kelley Blue Book (using my Zip Code), a 171K
mileage '93 ATX SHO has a retail value of $4,495 if purchased from a dealer.
Granted, no one would buy one for that much, but that's what the insurance
company uses to pay you off.
http://www.kbb.com/kb/ki.dll/kw.kc.ur?kbb;961482;MI125&48362;sed+r&40;Ford;1
993%20Taurus&11;FO;W7&&&
$140/year for a $1,000 deductible sounds like a damn good deal to me.
-----Original Message-----
From: shotimes-admin@autox.team.net
[mailto:shotimes-admin@autox.team.net]On Behalf Of Paul L Fisher
Sent: Monday, April 14, 2003 8:29 AM
To: shotimes@autox.team.net; Mike.Wojton@us.o-i.com
Subject: Re: [Shotimes] Stated Value Insurance
I agree but the problem is, with $1000 deductible, I was paying $140 per
year. The most I would get is another $1000 out of the deal.
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: <Mike.Wojton@us.o-i.com>
To: <shotimes@autox.team.net>
Sent: Monday, April 14, 2003 7:11 AM
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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