Quote:
Originally Posted by 520SC
My liability, collision, and comprehensive coverage is provided by American Collectors Insurance. It covers an agreed upon value of $40,500 with a $1000 deductible. The following restrictions apply: 1) the car cannot be my daily driver (i.e., I must own another car), 2) yearly mileage limit is 7500, 3) no timed events or racing, 4) the car must be kept in an enclosed and locked garage. Cost is $1042 per year.
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I had a 66 Corvette and 67 GTX insured for years with American Collectors. When I tried to list my ERA with them they shot me a ridiculous figure like that at me. Gave me some BS about hard to find repair parts for replicas. I left them and took all 3 cars to Midwest. Two cars are insured for $50 - 55,000 each and the other for $25,000. Annual premium for all 3 is $678/year.
You can do a lot better than that price from ACI. They are ripping you off.