[DeTomaso] Insurance Coverage Limits

[marshall smith]

I am paying $225 for a $40k value through Hagerty. Time to increase the value.
Thanks Terry.

Marshall
--------------------------------------------
On Thu, 4/30/15, Himes, Terry (397C) <terry.himes at jpl.nasa.gov> wrote:

 Subject: Re: [DeTomaso] Insurance Coverage Limits
 To: "MikeLDrew at aol.com" <MikeLDrew at aol.com>, "detomaso at poca.com" <detomaso at poca.com>
 Date: Thursday, April 30, 2015, 10:39 AM
 
    I
 agree.   I am paying Haggerty $320. a year for
 $85k value.   A good
    deal to protect the
    value of the car.  Besides, Ins
 Co's pay big $money$ to lobby state
    legislatures to require
    liability insurance in almost
 every state.   So, in California, you
    must carry some insurance
    to register your vehicle.  Even
 if you are a 1%'er.  ;-)
 
    "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:50258F42-0C4B-44EC-AC91-78B9D5FE75B1]
 
    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: Mike Drew
 via DeTomaso <[2]detomaso at poca.com>
    Reply-To: "[3]MikeLDrew at aol.com"
 <[4]MikeLDrew at aol.com>
    Date: Thursday, April 30, 2015
 10:22 AM
    To: "[5]detomaso at poca.com"
 <[6]detomaso at poca.com>
    Subject: Re: [DeTomaso] Insurance
 Coverage Limits
 
    All,
    Another thought--one long-term
 risk of under-insuring your car is that
    the
    threshold for it being considered
 a total loss is that much lower.
    For
    instance, if you only have your
 Pantera insured for $25K, even a minor
    fender-bender that is easily
 repaired could cause the insurance company
    to total the
    car out.   You always
 have the option of buying the wreck and then
    using
    the money to fix it, but then the
 car is forever tainted with a salvage
    title.
    Mike (calling today to raise his
 limits--it's been more than a year and
    values have once again
 outdistanced my coverage....)
 
 References
 
    1. mailto:thimes at jpl.nasa.gov
    2. mailto:detomaso at poca.com
    3. mailto:MikeLDrew at aol.com
    4. mailto:MikeLDrew at aol.com
    5. mailto:detomaso at poca.com
    6. mailto:detomaso at poca.com
 
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