[Shotimes] Car Insurance for old but "expensive" SHOs
Donald Mallinson
dmall@mwonline.net
Wed, 01 Dec 2004 09:21:57 -0600
Ron,
In my case, I think I am under their "collector" car policy,
and that covers much newer vevicles that are not daily driven.
They cover newer corvettes, vipers, things like that, and at
first they said that the SHO was not "collectible" but I
said, do they cover Edsels? They said yes, same to things
like newer corvettes and other examples of cars that are
fairly rare, but not necessarily valuable.
I made the argument a car doesn't need to be expensive or
rare, just loved to make it collectible. The fact that we
have the club and conventions and the (sometimes) published
magazine (next one is about ready BTW) is what convinced
State Farm that they could cover the SHO under that type of
policy.
Don Mallinson
Ron Fleshman wrote:
> <<Now that I have that status, others with State farm at least with Gen I
> SHO's should be able to get it too.>>
>
> Varies by state, Don. In WV it has to be 15 yrs old to be a classic and 20
> years old to be an antique--with all companies. You 89 would be eligible,
> but not your 91.
>
>
> The NAIC (state insurance commissioners) are trying to get together to
> propose a common insurance law across the nation, but nothing has come of it
> yet.
>
>
> Ron
> 96 Green