Insurance Problems

[Midwest Classic]

Going to try and give you and idea of what we have had over the past three years with claims in excess of $10,000. This list is probably not as comprehensive as it could be. We could probably spend a couple of hours doing research but pulling quick information this is what we found. We had approximately 11 claims. Seven of the claims were Cobras with a total paid out of about $262,000, two Mustangs at $27,000, a Dodge at $47,000 and one Street Rod at $22,400. Keep in mind guys we are looking at Cobras versus every other car in production. We have two of the Cobra claims that state a deer ran out in front of them and that is why they ran off the road. At 1:30 in the morning I probably would question that a little. If deer are problems where you live I would be off the road at night as they caused about $70,000 of the damage. The plus side of these large claims was nobody was killed.

I agree with Mark about thinking the Exotic drivers were more careful but I, personally, look at the Cobras as more of the Street Rods. I consider the Exotics more of the Ferrari and Lamborghini type vehicles, hope I don't insult anyone. What I am seeing and hearing from talking with people is they are purchasing the Cobra as something they have wanted for a long time and with as big as motor as they can for the speed of the car.

I really don't want to sound like I am putting Cobra owners on the "time out" stool, just want to make sure you think about driving situations and conditions. I personally do not have a Cobra but I ride a '03 Honda VTX1800. I will not ride this on the road at night due to deer and respect the power it has, almost in a overly cautious way. Yep I had to see the speedo would hit 100 one time and that is over. I look at things with my bike as yeah it's fast and I don't need to prove it. Same way with the Cobras, we all know they are fast and there is no reason killing yourself proving it.

Robbin