Insurance information straight from the source!

[klayfish]

Thanks everyone for not turning this into a bashing session.

Bill, yes they will add a Cobra to someone who already has a "portfolio" of existing collector cars. They see this as experience with performance cars, and that the Cobra won't be the sole source of driving enjoyment.

It's not that I am unwilling or unable to give the name and phone number of the agent who was here, I just frankly forgot who it was. I'll try to find out, but we can't deluge him with calls either.

Rich,
I don't know if small blocks would change much. It may help a little, but it may not. Factory builds would definitely help. Which is a sad state for us FFR owners. But I think even home builds can probably be insured if some kind of "network" of reputable dealers were set up and could inspect the car once it is completed. Driving experience is a huge plus, as would be a performance driving school.

The are just flat out afraid of the loss potential of a 400+ hp, 2300 lb, <100" wheelbase, fiberglass bodied (for the most part), car can be, in untrained hands. They realized what happened to Grundy and Hagerty. My understanding was that Hagerty had a loss where the car split in half, killing two people and costing them millions. So once they pulled out, so did we. Hopefully everyone else won't follow suit.

The silver lining in this cloud is that not ONE of the people I met with said they wouldn't ever write Cobras in the future. And I met with about everyone who would have a say in the matter. They are willing to listen and evaluate the situation, and maybe write them again using a different set of guidelines specifically for Cobras.

They will be attending DVSFIII, and I have invited them to learn as much as they can about Cobras and offered any assistance I can provide. But I don't want to be pushy about it.

I think if someone can make an organized, well detailed and professional presentation to give to them so they can be educated about Cobra owners, it may help. But we have to be honest and upfront, both good AND bad. We all know there are Cobra owners out there who probably shouldn't have these cars and ruin it for the rest of us. Those people need to be screened out somehow, so they don't hurt the rest of us.

Hope I can be of further assistance and I will keep you posted on the process at Great American as best I can. I will be heavily involved in their Classic/Hot Rod/Exotic/Antique/Race Car insurance division, so I should be able to stay on top of it.

Steve