Re: [Amc-list] Collector Car Insurance as I understand it.
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Re: [Amc-list] Collector Car Insurance as I understand it.



I understand these insurance issues, I have yet to find a carrier on my 79 
concord electric car or my 80 electric comm-u-ta car
Garry
----- Original Message ----- 
From: "John Elle" <johnelle@xxxxxxxxx>
To: <amc-list@xxxxxxxxxxxx>
Sent: Friday, May 25, 2007 9:42 PM
Subject: [Amc-list] Collector Car Insurance as I understand it.


>
> SNIP
> Like I said, the few police I've talked to
> about some of these things don't have a clue. They just see a neat old
> car,
> smile and wave!
> Mark Price
> SNIP
> Depending on the state and of course the rules as implemented by the
> state, if there is some form of benefits to having some form of antique
> or historical license plate that would be up to the state and the police
>
> force responsible to see that those rules are being followed. The
> "Collector Car Insurance" would be a whole 'nother animal.
> It would first have to meet the legal requirements of the state involved
>
> which would be unique to the state. The benefit of "Collector Car
> Insurance"
> is to supply the owner with some form of collision coverage for the cash
> value of the automobile at extremely low rates in the case of damage to
> said car.
> Do not be surprised IF the car should be damaged during a circumstance
> that
> was not allowed by the terms of the insurance and you go to claim
> damages
> through the insurance company that they WILL refuse to pay for the
> damages.
> Horror stories abound in the collector car community! 'Specially for
> those
> who figured they could drive their car with impunity in any way they
> chose.
> Restrictions of use will very widely by company as does ease of
> settlement
> if ever needed. In general, the more restrictions there are the cheaper
> the insurance is.
> John
>
>
>
>
>
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