On Wed, 25 Nov 1998 Trmgafun@aol.com wrote:
>
> In a message dated 98-11-25 12:23:38 EST, you write:
>
> << Mike,
>
> I have a Triumph and a DeLorean both insured with Hagerty and my son
> has three MG's insured with them. I have nothing but good comments about
> them. They understand that people that have classic cars tend to go out of
> the way to make sure nothing happens to that car. Hence, the risk is
> smaller then a normal car. I would never consider using anyone but a
> classic car insurer for these cars. Of course, you also have to show that
> you have regular insurance for your other cars.
>
> Ron >>
I have misgivings about "Classic Car" insurance... As with
anything you must read all the FINE PRINT. I find most classic
car insurances are rather restrictive in what they allow (kind
of like what some states require for antique auto licenses).
I recommend insuring your car with a stated value policy (along
with the ususal liability insurance). Find someone reputable to
put, in writing, a replacement value on your car, and insure it
for that amount.
Many insurance companies will allow you to insure your car for
part of the year (if you store it over the cold months). Your agent
will even be able to provide you with a special policy to protect
your car while it's off the road.
Greg Petrolati
gpetrola@prairienet.org 1962 TR4 (CT4852L)
"That's not a leak... My car is just marking its territory!"
Greg Petrolati, Champaign, Illinois
|