While tripping merrily through the mail, Tim Campbell was overheard
DD> As far as insurance, many people I know do not carry collision or
DD> comprehensive insurance since special "collector car" insurance will
DD> often cost more than the car is worth, and there are so many
DD> restrictions
DD> placed by the insurance company that you may as well not own the car.
TC> My experience with insurance on an historical car is just the
TC> alternate, If you only drive the car 2500 miles or less, and do not
TC> "Saturday nite it" The rate on my 40 LaSalle is just about $100 per
TC> year, Liability, and complete collision with full replacement.
The basis for my comment was a few years ago when my minister finished
the restoration on a '55 T-Bird. He was quoted over $ 2500 a year,
and the car was only covered while in his garage, at a formal show,
or while being trailered to and from said show. Start the motor, park
or drive on a public street, no coverage.
Four years insurance would have cost more than he had invested in the
car.
Don
... The trouble with reality is there's no background music.
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* Origin: *YOPS ]I[* 3.1 GIG * RA/FD/FE RADist * Milwaukee, WI (1:154/750)
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