TIP: Click on subject to list as thread! ANSI
echo: oldcars
to: TIM CAMPBELL
from: DON DELLMANN
date: 1996-10-23 21:43:00
subject: historical plates

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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