I have some recent personal experience regarding classic car insurance...
My big Healey, which I've owned for more than 30 years, was damaged while
trying to get it on my small trailer in the rain. Estimate from Fourintune
was $13,500 to repair. JC Taylor sent an adjustor to look at the car, and he
went over the estimate with Fourintune. They paid the estimate as written...
mailed me a check. I had one other claim 10 years ago (for a much lesser
amount) and it was also paid without any grief in a timely manner.
I heartily endorse JC Taylor.
WST
-----Original Message-----
From owner-spridgets at autox.team.net [mailto:owner-spridgets@autox.team.net]
On Behalf Of Ankitterer@aol.com
Sent: Saturday, October 09, 2004 10:48 PM
To: spridgets@autox.team.net
Subject: Financing, some LBC
In a message dated 10/9/04 10:51:27 AM, PilotRob@webtv.net writes:
> First they hook you, then they raise
> their prices. Exactly what the banks
> did with their "plastic" cards.
>
>
You don't have to pay for the plastic cards. If you just refuse to pay an
annual fee, let the interest rate get as high as they make it, and pay the
entire balance off at least a week before it is due or on the day you
receive it,
you in effect get a free card. As far as I'm concerned, this is as it
should
be.
We did have an interesting incident recently regarding the Sprite. We
insure it at an agreed-upon value. I recently did some price checking and
came up
with the fact that I probably can use one of two insurers. Turns out there
is very little difference in what I will pay with one of my current insurers
and another well rated company is $24. However, the interesting thing is
the
company that we are currently not using wanted to charge me for an appraisal
on the Sprite. We refused, since we both felt that that was a cost of
doing
business, not a special service--and really didn't figure their appraiser
would
accept that the car was really an exceptional car worthy of top dollar in
the
market place. Got a call back a couple hours later that they would pick up
the cost of appraisal, and a day or two later a call that they could insure
it
for an agreed-upon value of about $23,500. Since this is more than I had
requested, I'm impressed. So it is an 8 year old restoration that still
wins a
"most beautiful" trophy AND an exceptional rating now and then.
Interesting
. Incidentally, this is California.
Annice & Bob
1960 Bugeye (Mk. IV in disguise) "The Sprite"
1966 Sprite Mk. III (Still in Boxes) "Trevor"
Check out the new British Cars Forum:
http://www.team.net/the-local/tiki-view_forum.php?forumId=8
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