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Re: Let's try this again...

To: exumfs@exu.ericsson.se (Mark Steph) (Mark Steph)
Subject: Re: Let's try this again...
From: Bob Spidell <spidell@hpcc01.corp.hp.com>
Date: Tue, 20 Oct 92 7:53:32 PDT
Mark,
>
>My lessons learned:
>1. *DO NOT* carry comprehensive insurance on an old Triumph (probably applies
>   to other British cars as well.)  I fought and screamed and only got
>   $2000 for my pride and joy.  I was at the time an unmarried mail under
>   25 and paying $1000 a year to insure the beast.  I paid in over $3000
>   but only receive $2000 in return.  (I estimate the car was worth about
>   $5000 before the accident.)  You would do better to put the money
>   you are paying for collision into a coffee can and let it sit until
>   you need it.
>   
Just curious, did you have an appraisal done on the car when it was 
insured?  Most insurance agencies insist on one in order to insure an
older classic, unless your car's not worth more than low gold book.

regards,
bs



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