[DeTomaso] Insurance Coverage Limits

Himes, Terry (397C) terry.himes at jpl.nasa.gov
Wed Apr 29 13:49:07 EDT 2015


Yes.  Hagerty has a disclaimer (weasel clause)  about racing or even putting it on a track for that matter.
I'm about to raise mine to $85k (from $50k) as well with Hagerty.
I have to say they have been EXCELLENT at processing claims quickly with very little hassle.  They get my A+++
for service so far.




"Sometimes I think the surest signs that intelligent life
  exists elsewhere in the universe is that none of it has tried
  to contact us!"

Terry W. Himes [cid:3A806637-14D2-4EDF-A374-C1DD11C6DC7E]
JPL Jet Propulsion Laboratory
InSight Sequence Team Lead
Rosetta/MEX Sequence Team Lead
Phone: (818) 393-6261
Cell:     (818) 653-8213
Fax:     (818) 393-3147
thimes at jpl.nasa.gov<mailto:thimes at jpl.nasa.gov>
🇺🇸

From: Asa Jay Laughton <asajay at asajay.com<mailto:asajay at asajay.com>>
Date: Wednesday, April 29, 2015 9:50 AM
To: "detomaso at poca.com<mailto:detomaso at poca.com>" <detomaso at poca.com<mailto:detomaso at poca.com>>
Subject: Re: [DeTomaso] Insurance Coverage Limits

Wow, really?
I increased mine from $21k to $50k last year and my premium went up
$500.  I tried other insurers but they didn't like the fact I've raced
it, recently.  So now I'm stuck with a high premium.


Asa Jay


Quoting Larry Weston <lplugw at hotmail.com<mailto:lplugw at hotmail.com>>:

Called Hagerty and bumped my agreed value coverage to $80k, based on
their valuation page.

I was pitifully low at $35k coverage (purchase price in 2006).

$83 more a year and they want a recent photo for their file.

From: michaelsavga at gmail.com<mailto:michaelsavga at gmail.com>
Date: Wed, 29 Apr 2015 10:57:51 -0400
To: charlesmccall at gmail.com<mailto:charlesmccall at gmail.com>
CC: detomaso at poca.com<mailto:detomaso at poca.com>
Subject: Re: [DeTomaso] Insurance Coverage Limits

Because I feel that mine is worth more and I see the rising values,

all of them will eventually be asking if you are smart enough to keep your
coverage

in line with market pricing.

My engine alone is worth a great deal and  if not me, who?

Links would be appreciated, anecdotal values won't help much.

Thanks

Michael


On Wed, Apr 29, 2015 at 10:49 AM, Charles McCall <charlesmccall at gmail.com<mailto:charlesmccall at gmail.com>>
wrote:

Don't know, but my classic car insurance company in Spain made a similar
request. I sent them ads to justify increasing the value on my policy.
After a few, erm, debates they sent an appraiser to look at my car and I'm
waiting for his report. In my case, I have more interest in being properly
insured than they do, so I did some of the legwork to make sure it was
right.

I'd be really happy if I could have a policy that says "if my car blows
up, I just want another one in the same condition, not more, not less". I
don't want to make money or lose money, just make sure that my investment
is covered.

On Wed, Apr 29, 2015 at 4:41 PM, Julian Kift <julian_kift at hotmail.com<mailto:julian_kift at hotmail.com>>
wrote:

    Send them a link to the Hagerty valuation page, that is made up of a
    cross section of sales, or a copy of the relevant page from latest
    Glass's Classic car value guide.

    The question is why do you have to do the legwork and become their risk
    underwriter? They should be aware of the current market values,
    unless you are trying to convince them you have a 1:10 or so that is
    worth signiificantly more?

    Julian


    From: michaelsavga at gmail.com<mailto:michaelsavga at gmail.com>
    Date: Wed, 29 Apr 2015 10:23:11 -0400
    To: detomaso at poca.com<mailto:detomaso at poca.com>
    Subject: [DeTomaso] Insurance Coverage Limits
Greetings all,

In light of the rapidly rising values of our cars, we need to establish a
database of recent sales for comps to supply to carriers.

My agency Barrett-Jackson ( AIG underwrites it ) is asking.

If any or all of you can send links to recent sales at any location,
private sale, auction, dealer.

Please help,

I'll share all the info.

Michael Shortt

--







Michael L. Shortt
Savannah, Georgia
www.michaelshortt.com
michael at michaelshortt.com<mailto:michael at michaelshortt.com>
912-232-9390


This email is protected by the Electronic Communications Privacy
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--







Michael L. Shortt
Savannah, Georgia
www.michaelshortt.com
michael at michaelshortt.com<mailto:michael at michaelshortt.com>
912-232-9390


This email is protected by the Electronic Communications Privacy
Act, 18 U.S.C. Sec. 2510-2521, is confidential and may be legally
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communication is strictly prohibited.  Please reply to the sender that you
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--
Asa Jay Laughton - sent from somewhere other than home
******************************************************
http://www.racingagainstautism.com
http://www.teampanteraracing.com



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-------------- next part --------------
   Yes.  Hagerty has a disclaimer (weasel clause)  about racing or even
   putting it on a track for that matter.
   I'm about to raise mine to $85k (from $50k) as well with Hagerty.
   I have to say they have been EXCELLENT at processing claims quickly
   with very little hassle.  They get my A+++
   for service so far.

   "Sometimes I think the surest signs that intelligent life

     exists elsewhere in the universe is that none of it has tried

     to contact us!"

   Terry W. Himes  [cid:3A806637-14D2-4EDF-A374-C1DD11C6DC7E]

   JPL Jet Propulsion Laboratory

   InSight Sequence Team Lead

   Rosetta/MEX Sequence Team Lead

   Phone: (818) 393-6261

   Cell:     (818) 653-8213

   Fax:     (818) 393-3147

   [1]thimes at jpl.nasa.gov

   From: Asa Jay Laughton <[2]asajay at asajay.com>
   Date: Wednesday, April 29, 2015 9:50 AM
   To: "[3]detomaso at poca.com" <[4]detomaso at poca.com>
   Subject: Re: [DeTomaso] Insurance Coverage Limits

   Wow, really?
   I increased mine from $21k to $50k last year and my premium went up
   $500.  I tried other insurers but they didn't like the fact I've
   raced
   it, recently.  So now I'm stuck with a high premium.
   Asa Jay
   Quoting Larry Weston <[5]lplugw at hotmail.com>:

   Called Hagerty and bumped my agreed value coverage to $80k, based on

   their valuation page.

   I was pitifully low at $35k coverage (purchase price in 2006).

   $83 more a year and they want a recent photo for their file.

   From: [6]michaelsavga at gmail.com

   Date: Wed, 29 Apr 2015 10:57:51 -0400

   To: [7]charlesmccall at gmail.com

   CC: [8]detomaso at poca.com

   Subject: Re: [DeTomaso] Insurance Coverage Limits

   Because I feel that mine is worth more and I see the rising values,

   all of them will eventually be asking if you are smart enough to keep
   your

   coverage

   in line with market pricing.

   My engine alone is worth a great deal and  if not me, who?

   Links would be appreciated, anecdotal values won't help much.

   Thanks

   Michael

   On Wed, Apr 29, 2015 at 10:49 AM, Charles McCall
   <[9]charlesmccall at gmail.com>

   wrote:

   Don't know, but my classic car insurance company in Spain made a
   similar

   request. I sent them ads to justify increasing the value on my policy.

   After a few, erm, debates they sent an appraiser to look at my car and
   I'm

   waiting for his report. In my case, I have more interest in being
   properly

   insured than they do, so I did some of the legwork to make sure it was

   right.

   I'd be really happy if I could have a policy that says "if my car blows

   up, I just want another one in the same condition, not more, not less".
   I

   don't want to make money or lose money, just make sure that my
   investment

   is covered.

   On Wed, Apr 29, 2015 at 4:41 PM, Julian Kift
   <[10]julian_kift at hotmail.com>

   wrote:

       Send them a link to the Hagerty valuation page, that is made up of
   a

       cross section of sales, or a copy of the relevant page from latest

       Glass's Classic car value guide.

       The question is why do you have to do the legwork and become their
   risk

       underwriter? They should be aware of the current market values,

       unless you are trying to convince them you have a 1:10 or so that
   is

       worth signiificantly more?

       Julian

       From: [11]michaelsavga at gmail.com

       Date: Wed, 29 Apr 2015 10:23:11 -0400

       To: [12]detomaso at poca.com

       Subject: [DeTomaso] Insurance Coverage Limits

   Greetings all,

   In light of the rapidly rising values of our cars, we need to establish
   a

   database of recent sales for comps to supply to carriers.

   My agency Barrett-Jackson ( AIG underwrites it ) is asking.

   If any or all of you can send links to recent sales at any location,

   private sale, auction, dealer.

   Please help,

   I'll share all the info.

   Michael Shortt

   --

   Michael L. Shortt

   Savannah, Georgia

   www.michaelshortt.com

   [13]michael at michaelshortt.com

   912-232-9390

   This email is protected by the Electronic Communications Privacy

   Act, 18 U.S.C. Sec. 2510-2521, is confidential and may be legally

   privileged.  If you are not the intended recipient, you are hereby

   notified

   that any retention, dissemination, distribution or copying of this

   communication is strictly prohibited.  Please reply to the sender that
   you

   have received this message in error, then delete it.  Thank you

       _______________________________________________ Detomaso Forum
   Managed

       by POCA Posted emails must not exceed 1.5 Megabytes DeTomaso
   mailing

       list [14]DeTomaso at poca.com

       [15]http://poca.com/mailman/listinfo/detomaso_poca.com To manage
   your

       subscription (change email address, unsubscribe, etc.) use the
   links

       above.

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   Detomaso Forum Managed by POCA

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   DeTomaso mailing list

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   [17]http://poca.com/mailman/listinfo/detomaso_poca.com

   To manage your subscription (change email address, unsubscribe, etc.)
   use

   the links above.

   --

   Michael L. Shortt

   Savannah, Georgia

   www.michaelshortt.com

   [18]michael at michaelshortt.com

   912-232-9390

   This email is protected by the Electronic Communications Privacy

   Act, 18 U.S.C. Sec. 2510-2521, is confidential and may be legally

   privileged.  If you are not the intended recipient, you are hereby
   notified

   that any retention, dissemination, distribution or copying of this

   communication is strictly prohibited.  Please reply to the sender that
   you

   have received this message in error, then delete it.  Thank you

   _______________________________________________

   Detomaso Forum Managed by POCA

   Posted emails must not exceed 1.5 Megabytes

   DeTomaso mailing list

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   [20]http://poca.com/mailman/listinfo/detomaso_poca.com

   To manage your subscription (change email address, unsubscribe,

   etc.) use the links above.

   --
   Asa Jay Laughton - sent from somewhere other than home
   ******************************************************
   [21]http://www.racingagainstautism.com
   [22]http://www.teampanteraracing.com
   _______________________________________________
   Detomaso Forum Managed by POCA
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References

   1. mailto:thimes at jpl.nasa.gov
   2. mailto:asajay at asajay.com
   3. mailto:detomaso at poca.com
   4. mailto:detomaso at poca.com
   5. mailto:lplugw at hotmail.com
   6. mailto:michaelsavga at gmail.com
   7. mailto:charlesmccall at gmail.com
   8. mailto:detomaso at poca.com
   9. mailto:charlesmccall at gmail.com
  10. mailto:julian_kift at hotmail.com
  11. mailto:michaelsavga at gmail.com
  12. mailto:detomaso at poca.com
  13. mailto:michael at michaelshortt.com
  14. mailto:DeTomaso at poca.com
  15. http://poca.com/mailman/listinfo/detomaso_poca.com
  16. mailto:DeTomaso at poca.com
  17. http://poca.com/mailman/listinfo/detomaso_poca.com
  18. mailto:michael at michaelshortt.com
  19. mailto:DeTomaso at poca.com
  20. http://poca.com/mailman/listinfo/detomaso_poca.com
  21. http://www.racingagainstautism.com/
  22. http://www.teampanteraracing.com/
  23. mailto:DeTomaso at poca.com
  24. http://poca.com/mailman/listinfo/detomaso_poca.com
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