I have all my MG's and Triumphs insured with State Farm in Maryland
My '73 BGT is my daily driver. Insured for $8K agreed value $16K appraisal.
no mileage limits, photos on record, regular plates (not historic)
I pay $410 a year.
My '78 Spitfire ... no mileage limit $5K value no photos on record
historic plates - $340 a year for full coverage
-----Original Message-----
From: Tom Ambrose <tambrose@tir.com>
To: John T. Blair <jblair@exis.net>; Andrew R. Lindberg
<andylindberg@earthlink.net>
Cc: British-Cars@autox.team.net <British-Cars@autox.team.net>;
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<Tigers@autox.team.net>
Date: Wednesday, September 01, 1999 8:52 PM
Subject: Re: was BCDW2000 - future of hobby
>
>John wrote:
>
>" If anyone has had luck with getting their older car insured for a
>realistic
>value, let us know how you did it. Let us know what insurance companies."
>
>At the risk of sounding native, I'll outline a possible strategy for having
>the regular use of a LBC for a reasonable amount of insurance. Of course,
>there is a catch. There always is one. When I called a classic insurance
>company for rates, this is what I said, " I want insurance for my '71 Spit
>for a replacement value of $5000 and I plan on driving it about 5,000 miles
>per driving season."
>
>They agreed to insure my Spit for an agreed value of $4200 and I get first
>salvage rights in case of a total. I need to have another insured car (the
>catch) as my principle driver ( I do, an '89 Civic, worth 'bout $1500). I
>also need to keep it in a locked garage at night plus had to sent in a
>picture of the car. The cost? a reasonable $74 per year. And that is
>reasonable, because we do take care of our cars and most of us are very
good
>drivers.
>
>Hope I didn't waste your time,
>
>Tom
>Michigan
>Spit with MG engine
>
>
>
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