William Lewis wrote:
>
> On Sun, 20 Apr 1997 Klickitat(at)aol.com wrote:
>
> > What resources are available to insure a Alpine, many companies won't. Any
> > good sources? Also finding someone to appraise it is a problem any ideas on
> > this?
>
> I recently checked out several insurance companies and settled on
> Greenwich Insurance Company. My cost for the year is $80 as I told them
> the car was worth 8,000. (Pretty good incentive for me to wrap it around
> the closest tree.) They have no mileage or use restrictions, but do
> require that you have another car insured through another company that is
> your primary car. I purchased the insurance through my local broker (who
> had never heard of the company) after the president of my local club told
> me about it. There is an address on my policy: Hagerty Classic Auto
> Corp., P.O. Box 87, Traverse City, MI 49685. The phone number is:
> 1-800-922-4050.
>
> Bill Lewis
> FrankenSeries IIBill,
Be careful with agreed value policies. Typically -- that is unless you
have a special arrangement in writing -- the insurance company will base
your premium on the agreed value and cap your recovery at that amount.
Should you total the car, however, the company would still require an
appraisal and would reimburse you only the value of the appraisal. So,
if you have a decent Alpine, you may be paying a premium based on $8000,
but really insuring yourself for only $5000 or $6000. By the way, State
Farm has insured my Alpine for years.
Steve Semeraro
Series V Alpine
1968 Marcos GT
This archive was generated by hypermail 2b30 : Tue Sep 05 2000 - 09:40:49 CDT