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Thanks for the quick reply,all.Jhv48, you are counting me out too soon before you have heard the full story. In addition, the "companies" will ultimately BENEFIT from this change. I must say that I have gotten a lot of snap "no"answers from insurance folks but legislators and lobbyists aren't saying no.
Here is the basis of my contention:
1.I am forced to have insurance under penalty of law.
2.I am insuring a legally titled and registered vehicle in my state which entitles me to drive it in all 50 states.
3.The "big" insurance companies (allstate,progressive,farmers etc.)won't insure the car.
4.Under the principle of "equal protection under the law" upon which all of our laws are founded,this amounts to discrimination.
5.I then have no choice but to be funneled to the specialty companies who take total advantage of this situation and gros.sly overcharge me and restrict my mileage.
6.Once it became law,any company doing business in that state effectively gave up any right to pick and choose which legally registered vehicles they will insure-so says the Montana State Insurance Commissioner's office,Sema Action network and Several Montana legislators.
7. Why should you pay any more to insure your cobra than the guy next door pays to insure his 1966 corvette? It's essentially the same platform:fiberglass roadster,V-8.
I have heard all of the companies' arguements as to why they can charge me more than double and none of these will hold water. The only reason that they can do it is because the legislation to regulate these practises has not caught up with reality-yet.
In addition there is no consistancy between the companies that offer kit car policies;some will insure cobras,some won't. I guess the shape of the body makes it unsafe. This has to change and will change as soon as we make our voices heard. Do your own research by calling insurance companies for a quote,then call or e-mail your state insurance commissioner and legislators with the results.One guy complaining won't cut it. If you are a member of a club,do it by club.Good luck
vette killer
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