04-20-2003, 04:46 AM
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CC Member
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Join Date: Nov 1999
Location: Harrison Township,
MI
Cobra Make, Engine: Superformance, 460/560hp
Posts: 55
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Not Ranked
There have been several threads lately on insurance and it is true that a couple of companies are no longer insuring Cobras and I've found that others will deny coverage even with 1 5 over ticket or 2+ tickets in the HH (even if you write exclusions for kids, etc).
Just make sure when you talk to the companies you tell them up-front about driving records otherwise you could get denied after submitting all the paperwork and be back at ground zero.
I frankly have been keeping low deductibles on my cars. However with the Cobra I went with a high deductible and cut 40% of the annual cost which results in a 3 year ROI. Since I don't race and use my car as a daily the likelyhood of a claim is slim. Did the same on my wifes vette.
Jeff
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