|
Insurance
Is there anyone out there that insures an unfinished Cobra? Here is my problem. My Classic Roadster was built in the early 90's and completly torn down in the late 90's to turn it into a complete race car. The owner lost interest and let it set until I bought it and I am in the process of putting it back together. My car insurance company (State Farm) will not insure it as it is not a complete vehicle. They said "We do not insure car parts, We insure cars". My home owners insurance will not cover it because it is a licenced and registered vehicle (non-op'd). Anyone have any ideas?
Thanks in advance, Terry |
Change your coverage to State Farm. I've been with my agent for 25 years and never had him say no to anything. He's covering my CCX for $310 a year as a collectable.
:cool: Dan |
Danr55,
Thanks for the reply, but as per my post I have State Farm. My agent says they would insure it, but it has to be a complete vehicle, not parts. To insure it they want to take pictures of it (a complete vehicle). They will not allow me to take the picture and give it to them. I do have pictures of when it was together. I have been with State Farm for 20 years but they are very strict on the rules. My issue (as is with everyone building one of these cars) is I have a lot of money tied up in this project and if my house is destroyed for what ever reason, and my car is in the garage it is not covered. I do not know if a lot of people know this or not, your car is not covered (even if it is in your garage). It must be covered by auto insurance not home owners. Terry |
Call this guy and ask him, he has been very helpful:
Robbin R. Terry, CIC Midwest Classic Insurance POB 229, 110 South Fifth Street Auburn, Illinois 62615 www.midwestclassicins.com 1-888-271-4000 1-217-438-3347 (fax) |
rsimoes,
Thank you much. I will call them tommorrow. Terry |
| All times are GMT -7. The time now is 08:14 AM. |
Powered by vBulletin® Version 3.8.0
Copyright ©2000 - 2025, Jelsoft Enterprises Ltd.
Search Engine Friendly URLs by vBSEO 3.6.0
The representations expressed are the representations and opinions of the clubcobra.com forum members and do not necessarily reflect the opinions and viewpoints of the site owners, moderators, Shelby American, any other replica manufacturer, Ford Motor Company. This website has been planned and developed by clubcobra.com and its forum members and should not be construed as being endorsed by Ford Motor Company, or Shelby American or any other manufacturer unless expressly noted by that entity. "Cobra" and the Cobra logo are registered trademarks for Ford Motor Co., Inc. clubcobra.com forum members agree not to post any copyrighted material unless the copyrighted material is owned by you. Although we do not and cannot review the messages posted and are not responsible for the content of any of these messages, we reserve the right to delete any message for any reason whatsoever. You remain solely responsible for the content of your messages, and you agree to indemnify and hold us harmless with respect to any claim based upon transmission of your message(s). Thank you for visiting clubcobra.com. For full policy documentation refer to the following link: