02-02-2003, 03:21 PM
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Senior Club Cobra Member
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Join Date: Oct 1999
Location: Menomonie, Wisconsin,
Posts: 3,505
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Not Ranked
The prize goes to the Crankster for insight and brevity.
Kit Car manufacturers don't carry product liability insurance, as far as I know. I know from talking with a couple of very reputable Cobra manufacturers that it would add $1,000 to $2,000 to the cost of the car.
As far as the multi million dollar settlement discussed in one post, how many rep owners out there carry multi million dollar liability packages on their Cobras? I doubt that too many do, and I bet that specialty insurers don't provide much of it, either.
Now for the big question. Since the inception of Club Cobra, how many accidents/fatalities/thefts have been reported on this forum by members as well as non members? If someone has the answer to that, contact an actuarial specialist and have him run a significance test of some sort. He will want more data, but my hunch is that the results probably won't look too good.
Last edited by Cal Metal; 02-02-2003 at 03:33 PM..
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