Grundy insurance company! They are the best I have dealt with. I am
sure some of you remember me saying so in the past. My TD caught fire
on the way to a car meet and the Grundy agency had it restored to
better than before. I have an agreed value policy and a person needs
to make sure and have the value high enough to cover the car. I also
insure my MGC and MGA with Grundy and the cost in very small.
I used to use USAA for my old cars and they are another fine insurance
company, that still insures my daily drivers. But, USAA does not come
close to what Grundy can do.
Mike R
----- Original Message -----
From: <eric@erickson.on.net>
To: <mgs@autox.team.net>
Cc: <eric@erickson.on.net>
Sent: Monday, June 05, 2000 11:44 PM
Subject: Re: Car accident
> Doug Wilson wrote:
> >
> > Hi List, I had an accident with one of my cars. It was a write
off. State
> > Farm Insurance first offered me $800. I prepared a package of "for
sale" ads
> > of similar cars and a copy of a recent Hemmings Motor News to
prove my car
> > was worth more. They settled for $2000. So don't take the first
> > offer.....good luck.....76B Ottawa Canada
>
> My insurance company 'specialises' in calssic cars, sponsors classic
car events,
> etc. and speaks at club meetings (the pity is that the founder of
the company
> passed away a little while ago and he was the classic car lover - we
hope he
> employed similar people). The thing is that, as a small company,
they have to be
> underwritten by/aligned with a major insurance company and in this
case it is Sun
> Alliance (I believe) who may not share their classic enthusiasm.
>
> Also as a small company they do not have offices everywhere with
teams of
> assessors so they use 'generic' assessors who probably don't have
incredible
> classic car sensitivities and whose job it is to try for the lowest
possible
> exposure for the employing company.
>
> The assessor I dealt with pushed quite hard for the lower cost (but
unacceptable
> to me) option of a steel bonnet/hood over the aluminium bonnet. But
I have to
> admit that I didn't have to fight THAT hard to get my way... I just
remained
> FIRM.
>
> However, any person without the same confidence or resolve would
probably have
> been swayed to their way of thinking.
>
> The cost difference between the two options (includes bonnet, paint
and some
> other minor repairs to the car caused by the bonnet flying up):
>
> a) Steel Bonnet - $AU 900
> b) Aluminium Bonnet - $AU2600
>
> There is a $200 excess to be paid on this policy.
>
> Also the policy I have is an agreed-amount policy which values the
car at
> $AU13,000 with the owner retaining salvage rights to the remains of
the vehicle.
> This is $AU2,000 more than I paid for the car and about what I would
expect to be
> able to sell it for (and yes, I have put about $AU5,000 into the car
over the
> past 18 months).
>
>
> There ya go... compare away (BTW the policy costs me below average
premiums for
> this amount of insurance).
>
>
> Eric
> '68MGB MkII
>
>
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