This may not apply since it relates to Canadian insurers, but for 30 years
I had one of my cars insured with my regualr carrier (like Allstate). When
I switched to a classic car carrier, with appraisal, the appraiser told me
that prior to the classic carrier, if my garage burned down with both LBC
cars in it, I would receive more money for my tools than I would for the
two cars! I am now paying half of what I paid for one car before, to cover
two cars! If there is a total loss, I get the appraised value. There are no
limits on mileage...I must have another car that is my everyday transport
and I only use the car for social driving and club events.
Keith Stewart
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> From: Steve Skolnik <sskolnik@erols.com>
> To: Triumph Mailing List <triumphs@autox.team.net>; vtr@autox.team.net
> Subject: Insurance Question for Antique Autos
> Date: Friday, September 11, 1998 3:06 PM
>
> Being a newbie to the world of vintage cars (bought my '75 TR6 a few
> months ago), I am wondering if other list members will share experiences
> and advice regarding how to insure the car. Currently I have it insured
> on my regular Allstate policy along with my other car, however I have
> read that antique auto insurance is much cheaper. A little research in
> VTR magazine and on the WWW gave some company names, and I have a few
> quotes which are 1/2 again cheaper than what I am paying Allstate. Does
> anybody have good or bad stories to tell about a particulary company or
> about this type of coverage?
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