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Old 04-24-2004, 11:20 AM
HowardV HowardV is offline
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Join Date: Oct 2003
Location: Los Angeles, CA
Cobra Make, Engine: SPF #995 351W
Posts: 136
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Default AAA Insurers Cobras!

Some time ago, before purchasing my Cobra, I had researched insurance. I had called AAA and they stated they no longer insured Cobras.

I picked up my Cobra a couple of days ago. I called the specialized insurance companies and they were going to send me applications. The process was gonna take at least a couple of weeks. I was worried about not having insurance for this small time period (specially theft).

For the heck of it, I called AAA again yesterday. This time I got someone real helpful. He told me they DO insure these cars, but I also have to transfer my other vehicle to them as well for insurance.

I went down to AAA yesterday, they took pictures of my Cobra, gathered as much info from the net (Superformance web site, this web site, and CobraCountry) and then the agent went to the underwriters (who were in the same building). A little later he returns giving me a relatively large quote (About $1,500/year for the Cobra alone and another $1,500 for my Mitsubishi daily driver). This is a drastic increase from the other specialized insurance companies who only wanted about $600/year for the Cobra.

I went ahead and paid the premium to AAA for insurance. Reason being that there is no mileage limitation (unlike the 2,500 limitation placed by specialized insurers). Also, AAA is well known and I thought I would have less headaches dealing with them than some specialized insurance companies. Another MAJOR point was their insurance is instant. I now have full coverage as of yesterday!!! No waiting for applications, appraisals, approval, etc....

I hope this helps someone wanting to get insurance. Not that I'm gonna drive it more than 2,500 miles/year, but it's nice to know I don't have to keep track of my mileage!

Howard
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