Re: {SPAM?} Re: Collector car insurance

[farna@xxxxxxx]

I understand the collector car policies. That's why I DON'T have one for my car. Something in between that would allow up to like 5K miles (3.5-4K might be an acceptable minimum) and NOT be so restrictive would be ideal. So my primary car breaks down or gets in a fender bender and is down for a week. I have to rent a car instead of driving the Rambler. Even if my policy allows a certain amount (say three days) for a rental, if it takes longer I need to rent instead of drive the Rambler to work a couple days. A car NEEDS to be driven occasionally to keep it up. I can't decide to drive it to work on a nice day when I have a busy, non car related weekend planned. Car needs driving, and I need to pick up some groceries. What's wrong with taking the Rambler? Might get a parking lot ding? If it's THAT much of a collector car maybe you shouldn't run any errands with it. 

I'd like to see a policy that wouldn't even cover minor damage like parking lot dings and scratches but allow me to actually use the car on occasion, and still be less than an every day car. That's the "hole" in the collector/hobby car insurance. A "hobby car" (vs. collector car) policy would be ideal -- no limits on HOW it's used (except no racing), just a 5-6K a year mileage limit, covered (but not necessarily fully enclosed -- car port should be fine) storage requirement, a maximum value of around $25K, with a mandatory $500 deductible. Priced around 1/3 of what a regular policy would cost. Now THAT would get some business!

On September 22, 2005 Jim Boone wrote:

> On September 22, 2005 Frank Swygert wrote:
> 
> > I've got a standard liability, drive any time I like policy with State Farm. They allow a "stated value" on the car also. I have everything except collision on it. Since it's a drive all the time car (and policy) it's $500 or so a year. <snip>>
> 
> On September 22, 2005 mail@xxxxxxxxxxxx wrote:
> >
> > > Maybe I missed something of this or haven't read it yet. I'd like to find an insurance that both allows stated value on collectors cars and allows me to drive my American to work once and a while. Haggerty flat out says they won't cover any damages if I use the car for work. <snip>
> 
> Mark, Frank, All,
> 
> I'm NOT an agent, so I may be off abit, but here goes:
> 
> AS I UNDERSTAND IT, Collector Car Insurance is for a car that is for hobby purposes only, is not used as a backup to any vehicle, is not used for work under any circumstances, and you're allowed a certain mileage figure a year.  I do have a stated value of the vehicle.  Each driver in the household must have a vehicle that they use as a primary vehicle.  Plus, the vehicle has to stay in a locked garage on the property/primary residence.
> 
> So, for me, I have:
> >Stated value @ $5000 (I can adjust up as required, but that's about right at this time).
> >Allowed 2500 miles/yr; out of state trips OK (like my last one to the Atlanta AMO Nats) as long as it's to a club meeting/collector car show/etc.  Any outings are supposed to be hobby related; no trips to the supermarket, etc.
> 
> This is why the premium is so much cheaper!  I didn't take it off my regular policy until now because it's only been in the last month or so (well, really since the heat of summer hit and the Rambler has NO AC!), that I committed to having it as a hobby-only car.  My regular policy was ~$450/yr vs $68/yr for the CCI.
> 
> I've also been on a mission to reduce/remove some of my bills, and paring down vehicles and insurance is one of those efforts.  My '69 Hot Rod Rambler isn't insured at all at this time as it's apart in my garage, but I'm going to have to put it on CCI as well even tho it's apart if I want to keep the plate that's on it (RUMBLR) when it's time to renew next yr.  CCI will be a good choice for that.
> 
> I just bought a '02 Ranger 4 cyl-5 sp pickup that's now my work vehicle, and selling my old '92 Isuzu pickup with 207K miles as it's been nickle-diming me as of late; I have enough projects with the cars I love (my AMC's) and wanted to "cut my losses" as such and get something newer and more reliable.
> 
> Hope this helps!
> 
> Jim Boone
> Mims, FL
> 
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