[Shotimes] insurance / 90 SHO is antique

[Ron Porter]

Yeah, but I get the feeling that your case (and cars like my buddy's '68 Z28
that is insured for value, and has very low rates with the restrictions) is
different from what Brett is looking for. Just being an "antique" or
"classic" or whatever will not give you lower rates for a daily driver car.

In fact, I suspect that a 15-year-old SHO will have about the lowest rates
that you can find. Things like your age, driving record, where you live,
credit history, and the other crapola that insurance companies look at will
affect your rates a lot more.

Ron Porter

-----Original Message-----
From: shotimes-admin@autox.team.net [mailto:shotimes-admin@autox.team.net]
On Behalf Of Donald Mallinson
Sent: Sunday, May 01, 2005 6:12 PM
To: shotimes@autox.team.net
Subject: Re: [Shotimes] insurance / 90 SHO is antique

State farm lets me insure my '89 and '91 SHOs as classic cars Or 
collectibles, whatever the category is.  It wasn't the year (age) that 
concerned them, it was the make/model.  They didn't consider a Taurus 
collectible.

I won my case by arguing that they can't refuse me on age, because they 
insure lots of newer cars as special use collectibles (Ferrari, Vette, 
etc).  And they could not refuse me on the basis of value, because they 
insure lots of cars that are worth almost nothing (Edsel, AMC Pacer, 
Mustang II etc, not that I don't like those cars, or that they are bad, 
but they really are in the same class as the Taurus when it comes to 
value). 

Add in the fact we have an active enthusiast group with a club, regional 
clubs and national convention, and they let me insure them as 
collectibles.  Basically the same as an antique for their purposes, very 
low rates, restricted use and miles like any antique.  Cut annual cost 
about 75%.

I would think anyone with a SHO that had State FArm could use my case as 
an example and get collectible status for your car if it is occasional 
or fun use only.

Don Mallinson

Ron Porter wrote:

>Nope, pretty much every insurance company sets the antique level at 25
>years.
>
>But, that doesn't help you, as in return for the low rates, you have severe
>driving limitations (like usually no driving to work), plus it must be
>garaged, etc.
>
>Frankly, if you are having a tough time with insurance on a 15-year-old
>Taurus, it won't be any cheaper on any other cars, and newer cars will cost
>more.
>
>Ron Porter
>
>-----Original Message-----
>From: shotimes-admin@autox.team.net [mailto:shotimes-admin@autox.team.net]
>On Behalf Of Wing D Lizard
>Sent: Sunday, May 01, 2005 1:56 PM
>To: shotimes@autox.team.net
>Subject: [Shotimes] insurance / 90 SHO is antique
>
>I was told once that if a car is 15 years old, it is classified as an
>antique and qualifies for low cost insurance.  There were some limits
>such as under 5k miles per year.  Insurance was cheap -- like 100-150
>per year.
>
>Does anybody know anything about this?
>
>My SHO with 160k miles, who until last year, was my everday driver.
>
>If I don't find some cheap insurance, I will probably sell it.  It
>is almost stock ( AC upgrade, and a new cd player), btw. 
>
>brett
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