[DeTomaso] more on insurance - storage only?
bill gaino
gaino at earthlink.net
Thu Apr 19 16:53:12 EDT 2012
Home owners should cover any loss of unregisterd vehicles, make sure you have a "rider" like you would for your wifes diamond jewels. Get it in writing like Gary says otherwise they say. "I'm sorry Mr. McCann your not covered for that"
-----Original Message-----
>From: gow2 at rc-tech.net
>Sent: Apr 19, 2012 4:32 PM
>To: Cullen McCann <cmccann1972 at gmail.com>
>Cc: detomaso at realbig.com
>Subject: Re: [DeTomaso] more on insurance - storage only?
>
>I have had this discussion with my agent. #1280 is not being driven and is
>in storage. It is exempt form the standard house/garage insurance and has
>to be insured specifically as a non driven car. The rate is $15/6m or $30
>a year so it is not a big deal.
>
>However, #1905 is currently not covered as a car as it is disassembled and
>does not qualify. It is in a grey area not covered.
>
>I am sure insurance companies are different and the devil is in the
>details but I think to get it sorted out would require a sit down with
>your insurance agent. Any specifics should be in writing.
>
>G
>
>> Friends,
>>
>>
>>
>> I know collector car insurance has been discussed at length in the past. I
>> have reviewed the archives and got a feel for the nature of those
>> discussions, but what about cars that are in restoration or storage? My
>> collector drivers are covered with the same stated value/ mileage per past
>> discussions, but I have a few old rides that are in various stages of
>> completion that are not roadworthy or are in restoration in my own care.
>> Have those insurance companies provided applicable coverage for this type
>> of
>> condition? Where the premiums reflect the risk? (just really covering
>> theft, fire, natural disaster?) but no collision..
>>
>>
>>
>> Thanks for your thoughts!!
>>
>>
>>
>> Cullen in OKC
>>
>>
>>
>>
>>
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