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Old 10-16-2009, 10:57 AM
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patrickt patrickt is offline
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Join Date: Jun 2005
Cobra Make, Engine: ERA #732, 428FE (447 CID), TKO600, Solid Flat Tappet Cam, Tons of Aluminum
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Quote:
Originally Posted by RodKnock View Post
I'm probably missing something here...
No, you're not missing anything. That blurb was just to give you an idea of the size of some of the verdicts that have been coming down in the last few years. There are people on this forum, driving ERAs, Kirkhams, Shelby's, that have a nice agreed value on their car BUT are carrying, maybe $500k of liability coverage, making them woefully underinsured. I harp on that every chance I get. But what's scarier is that there are guys on this forum that have their insurance for their regular cars with ABC carrier, and have a nice fat umbrella with ABC carrier, but then get a specialty policy on their Cobra with a different carrier and never make sure that their umbrella applies to their Cobra -- they never even think about it. I harp on that every chance I get too.
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