
05-10-2003, 09:07 AM
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CC Member
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Join Date: Jun 2001
Location: MIDWEST,
Posts: 750
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Not Ranked
In my opinion the reason that insurance companies are getting "edgy" about the Cobra is not because of the all of a sudden "epedemic of bad Cobra drivers", but the fact that the Cobra has gotten so popular recently. In the last couple of years the small convertible sports cars have become very popular and very fast. Everyone is making a little convertible sports car (we all know a convertible car is not as safe as a hardtop...). Since these type of cars have become popular people have looked into the "ultimate" little convertible sports car, the Cobra. You see the Cobra in TV shows like "John Doe" and "Fast Lane", just to name a few.
I have seen in the last two years Cobra's being sold like crazy, there are new companies popping up everywhere. I also think that there are more Cobra's being sold because they are being made "better" and "safer" than ever before. Let's face it, even 5 - 10 years ago "kit car" was a bad word (even now, "kit car" manufacturers are "unjustly" being frowned upon due to some of the early "kit cars").
My point is this, there are more Cobra's being sold then ever, and with that there are going to be more wrecks and more insurance companies are going to "freak out" because they are going to see the name Cobra more than they ever have. When the average insurance company see's a increase in claims they are going to look into it, and they are going to try to find out "why?". When your average Joe looks at a 2500 pound 400+ horsepower car with no air bags, no ani-lock brakes, etc... they are going to get scared. The insurance compaines I have found to have a problem with Cobra's have all told me the same thing. They are afraid of 400+ horsepower cars that have been "put together" by what they call "the average consumer". They are not informed enough to know that alot of "kit cars" are now being professionaly built and delivered as "turn key" cars.
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