[DeTomaso] Insurance increase

Thu Nov 21 10:52:42 EST 2013

My prior insurer was American Classic, but I got comparative quotes from Hagerty, Heacock, Grundy and a couple others.

As with all insurers rates are dependent on their perceived risk; i.e. your ZIP code, your insurability & record, credit score etc.

I urge you to give them a call and find out for yourself, hopefully you'll be as pleasantly surprised as I was.

Julian

To: julian_kift at hotmail.com; asajay at asajay.com; detomaso at poca.com
Subject: Re: [DeTomaso] Insurance increase
From: pantdino at aol.com
Date: Thu, 21 Nov 2013 00:53:00 -0500

What is BJ's insurance per $1000 value rate, and who was your prior insurer?

Jim

-----Original Message-----

From: Julian Kift <julian_kift at hotmail.com>

To: asajay <asajay at asajay.com>; detomaso <detomaso at poca.com>

Sent: Wed, Nov 20, 2013 9:45 pm

Subject: Re: [DeTomaso] Insurance increase

Asa Jay,

I think Michael Shortt already made an endorsement for the Barrett Jackson endorsed insurance, which is underwritten by Chartis. I would second that endorsement and for the last 3 years I have had 5 cars insured through them and halved my annual insurance bill to my prior provider. They truly are customer service oriented and a call or e-mail is usually responded to in less than 24 hours.

Julian

Date: Wed, 20 Nov 2013 20:36:46 -0800

From: asajay at asajay.com

To: detomaso at poca.com

Subject: Re: [DeTomaso] Insurance increase

    Well.... it would seem that Hagerty has some "feelers" into the
    DeTomaso email forum.

    I got an unsolicited phone call from them today.  The person who
    spoke with me had seen an email trail... and mentioned "Mike Drew." 
    I don't think Mike was the source, but that was the clue they
    probably have eyes into this list.  It's the -only- place I've made
    any comment, and as I recall... never mentioned their name, until
    now.  Of course Mike Drew hit the nail on the head when he said I'd
    been "Hagerty'ed."

    Anyway... they wanted to make sure I understood why the change was
    so big and wanted to ask me questions about the "modifications,"
    probably to see if they could re-classify it as stock in order to
    reduce my yearly cost.  Well, it seems 50 HP over stock may be the
    magic number (not to mention my other mods).  There was no dispute
    that it classified as a modified vehicle.

    Then he talked about possible rate reductions if I increased my
    deductible.  Let's just say what was offered would have taken me 20
    years to save in order to meet the deductible.  Umm... oh heck, it
    was take $50 of the yearly rate if you go with a $1,000 deductible. 
    Gee, really????  WOW!   .... no thanks, I can do math in my head.

    I think I'll just get quotes from some of the others insurance
    vendors.  Since I know Hagerty will probably get a copy of this...
    um... yea... they need to offer me a sweeter deal than that.

    :)

    Asa  Jay

    Asa Jay Laughton, MSgt, USAFR, Retired
& Shelley Marie
Spokane, WA
******************************     
http://www.racingagainstautism.com
http://www.teampanteraracing.com
http://facebook.com/racingagainstautism

    On 11/19/2013 6:57 PM, Asa Jay Laughton wrote:

      Possibly.  -that- as Mike pointed out, was the primary factor that
      increased the value.  When I said the modified engine was maybe 50
      HP more than stock, he said that qualified for "modified."  And
      then there was the non-stock radiator, non-stock shocks...

      Asa

      Asa Jay Laughton, MSgt, USAFR, Retired
& Shelley Marie
Spokane, WA
******************************     
http://www.racingagainstautism.com
http://www.teampanteraracing.com
http://facebook.com/racingagainstautism

      On 11/19/2013 6:19 PM, Mike Thomas wrote:

That brings up an interesting
              question: how modified is modified?  I’ve been with
              Hagerty since I bought the Pantera.  The body is stock,
              but the engine, suspension, wheels/tires, seats, etc. are
              certainly not stock.  Am I setting myself up for a denial
              of claim if something were to happen?

Mike
                Thomas

VP, POCA

VP, Panteras Northwest

Yellow ’74 #6328

From: DeTomaso
                  [mailto:detomaso-bounces at poca.com]
                  On Behalf Of Mike Drew

                  Sent: Tuesday, November 19, 2013 11:50 AM

                  To: Asa Jay Laughton

                  Cc: detomaso at poca.com

                  Subject: Re: [DeTomaso] Insurance increase

AJ,

Don't tell me, let me guess. You got
              Hagerty'ed. 

Right?

Hagerty hates modified cars. When I was
              shopping they told me my rate would be triple their normal
              rate just because I had a fire system and aftermarket seat
              belts--both things that would potentially reduce their
              exposure!

Shop around. I am with heacock and my
              rates are very reasonable. I just raised my coverage and
              costs increase was minimal. 

Mike

              Sent from my iPhone

              On Nov 19, 2013, at 11:23, "Asa Jay Laughton"<asajay at asajay.com>

              wrote:

Hey all,

                    I recently changed the policy on my Pantera.  I'm
                    still with the same company, but I increased the
                    agreed value based on recent market conditions and
                    on-line valuation tools.  I also changed it from
                    stock to modified.

                    The surprise in all this is that my cost for the
                    policy more than tripled.  I was a bit stunned when
                    I figured it all out.

                    Have you reviewed -your- policy recently to make
                    sure you are adequately covered?

                    Asa Jay

                  Sent using Jedi mind tricks.

_______________________________________________

                Detomaso Forum Managed by POCA

                DeTomaso mailing list

                DeTomaso at poca.com

                http://poca.com/mailman/listinfo/detomaso_poca.com

No virus found
          in this message.

          Checked by AVG - www.avg.com

          Version: 10.0.1432 / Virus Database: 3629/6350 - Release Date:
          11/19/13

_______________________________________________

Detomaso Forum Managed by POCA

DeTomaso mailing list
DeTomaso at poca.com
http://poca.com/mailman/listinfo/detomaso_poca.com

No virus found in
        this message.

        Checked by AVG - www.avg.com

        Version: 10.0.1432 / Virus Database: 3629/6350 - Release Date:
        11/19/13

_______________________________________________

Detomaso Forum Managed by POCA

DeTomaso mailing list
DeTomaso at poca.com
http://poca.com/mailman/listinfo/detomaso_poca.com 		 	   		  

_______________________________________________

Detomaso Forum Managed by POCA

DeTomaso mailing list
DeTomaso at poca.com
http://poca.com/mailman/listinfo/detomaso_poca.com

-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://server.detomasolist.com/pipermail/detomaso/attachments/20131121/0e636dcf/attachment.html>