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redUnique 10-24-2006 06:41 AM

Cobra Insurance
 
I just got my yearly insurance bill and it's around $900 through Grundy.

Is this inline with what ya'll are paying?

Thanks,
Joel

Don 10-24-2006 08:02 AM

Cost would be dependent upon the Agreed Value, Liability Amount , Medical Payments, any mileage limitations etc., etc., If you wish to validate the cost, the insurance company I use:

American Modern Home Insurance
Elite Collector Auto Policy
PO Box 5323
Cincinnati, Ohio 45201
800-723-3722

Local CT Agent:

Michael Smith
NorthEast Classic Auto Insurance
PO Box 287
Monroe CT 06468
800-866-6440
203-459-9789

If you search using Insurance, there are a number of Threads regarding insurance cost and choices

1bad66 10-24-2006 08:12 AM

I just sent mine out the morning, $326.00 thru Continental Western group for the year.

Bill Wells 10-24-2006 10:31 AM

redunique........my grundy rates are about the same. i have 3 toy cars covered by them, agreed value, a no fault insurance state and a clean driving record. the spf alone costs 50% more than my other two toys combined. they get a premium for cobra replicas . there are other less expensive carriers but i know that with grundy when you need coverage from claims there are virtually no questions asked as long as you have not violated their published coverage restrictions . their rates differ in other states, some states don't allow agreed value coverage, and if the car is registered as a 1965 the rates are much less thru grundy- mine is registered as a 1998 mich assembled vehicle so a higher rate. bill

RedBarchetta 10-24-2006 10:37 AM

I pay a little more through my Allstate plan, but I have an agreed upon guaranteed replacement value ($50K, backed up by a professional appraisal) and I know I won't get short-circuited if the need arises. Compared to even Allstate that $900 bill you received is steep! :EEK:

zipzip 10-24-2006 11:51 AM

I'm just getting the insurance set up and State Farm is giving me around $200 a year for $33k agreed upon value (car's not done yet), standard 100/300/100 coverage. Mileage limit is 3500 miles.

luthersnake 10-24-2006 03:36 PM

I pay $689 thru Classic with a $30k agreed and 5k mile a year with 100/300/100...in Georgia.....

pmfranke 10-24-2006 05:38 PM

State farm in cal. costs me 371.62 every six months 35,000 agreed value. but when my car gets finished a classic car designation can be put in to effect driving less than 1000 miles a year for under 200 a year.

svobud 10-25-2006 09:56 PM

I'm paying $570 yr thru Condom/Skelly for $35k agreed w/ 5k mi a yr limit. ... in Georgia ...

olblue66 10-26-2006 02:41 PM

Got mine threw infinity . 549.oo yr. 3000miles a yr. and 61,000.00 agreed value.

redUnique 11-01-2006 07:37 PM

I appreciate everyone's input. It looks like I'll be saving some $.

T E Lewis 11-01-2006 07:55 PM

Can't say enough good about Grundy. I had a recent settlement with them, and they could not be more helpfull, no questions asked.

nocabffej 11-21-2006 09:53 AM

Insurance
 
Would you believe I am paying $198 per year through State Farm!

Poolw 11-21-2006 11:02 AM

My insurance is with Rally Insurance. They write for Safeco. My cost was $132 for 6 months with a guaranteed replacement value of $34K on my LA Exotic. But I sold the LAE and now my SPF insurance is twice what is was, but so is the guaranteed replacement value.

Rally Ins
Elmhurst, IL
630-617-9960

cdnus 11-21-2006 04:28 PM

Just renewed mine,
Clean abstract, unlimited milage & use, appraised replacement value $71,300.00. Annual premium-----$2,687.00 :CRY: :CRY:

In Ontario there are not any insurance Co's that write policys on "Kit cars"
You automaticaly go into a "high risk" catagorie & pay the max. rate

BUMMER!!!!:( :(

But as soon as you turn the key it doesn't matter any longer.
That's also probably why I have more than 6000mi. in 15 months, that includes 6 months of winter.

Craig


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