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    1. #1
      Join Date
      May 2002
      Location
      Southeastern WI
      Posts
      1,489
      Country Flag: United States
      Quote Originally Posted by Jim Nilsen View Post
      Continental Western Ins. out of Minnesota. I have had them for years for my comprehensive policy while working on it. It had been insured for 25k with paint clause for the first 3k and they pay the rest. It also had a backup parts and uninstalled parts clause in case something got stolen but not the car. There have been a few people in my area who have made claims with no problems.
      The policy I had is $161.00 a year. which was pretty good. If you multiply it by 4 and add the collision and liability it would be about $700 to $900 i am thinking for 100k worth. I will probably go with about 60k worth and call it good for the insurance.

      As far as resale value it is anybody's guess as to what I would be able to get for it? I know that if the right person likes it as much the guys who appraised it did , it should get me some offers I might not be able to refuse.

      We will find out what they think of the 75k to150k appraisal I just recieved. The agent is all excited about it and at least is showing a genuine interest in my car after all of these years of paying and never seeing him.

      This is making life a bit more interesting for sure.

      I still look at it sometimes and say :Did I do that? :

      It has been a long road and I can see the next turn coming up and it actually has a speed limit sign on it instead of saying Gasoline Alley.
      I think Grundy is charging me $460 a year for $65,000 agreed value policy. Just for comparison.

      Jeff


    2. #2
      Join Date
      Apr 2001
      Location
      Rockford Illinois
      Posts
      3,949
      Country Flag: United States
      Quote Originally Posted by Van B View Post
      I think Grundy is charging me $460 a year for $65,000 agreed value policy. Just for comparison.
      Thanks for the heads up. I might have to go with them if Continental has a problem with track days and autocrossing. The agent seemed like it would be no problem but he has never insured a PT car before and he is learning what he needs to know as he goes along. So far it has been one for myself too.

      They do know you track day and autocross with it right? How many miles do you get to drive?

      Then the next big question? How long did the process take them?

      Thanks again.

    3. #3
      Join Date
      Dec 2007
      Posts
      142
      Jim
      your previous policy was pretty decent. And for the intentions you have for your car your new policy doesnt seem all that bad. I may have to contact them in the future if it works out right for you. The options are limited for what we want to cover and considering only a handfull of companies will do speciality policies there competition is scarce and charge accordingly.

      Jeff
      I to was with Grundy prior to teardown for years. I was paying 385.00 for a 50 grand agreed value. Non installed products were and still are insured with my bus. policy under an unbrellar coverage of parts stored at our const. warehouse.
      On my sons car I pay 153.00 for an unassembled product through Farmers ins. My bro just became my agent.
      Dave

      69 Camaro build at Ironworks
      69 Camaro build project with son
      07 ZO6




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