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Re: specifics on classic car insurance

To: Triumphs@autox.team.net
Subject: Re: specifics on classic car insurance
From: jay_welch@juno.com
Date: Mon, 2 Sep 2002 07:27:51 -0400
I love this one....I wonder why insurance companies give low mileage
discounts?  Wouldn't that mean in most cases, more of your miles would be
within 5 miles of the home?  Seems to be a contradiction.

>> He said no my car would not be covered because most accidents happen
within 5 miles of the home and the car is only covered for driving to car
shows etc and cannot be a daily driver no matter the environment or
distance.

I do understand all of the restrictions though.  They are assuming more
risk as you drive the car more in normal traffic rather than parades, car
shows etc.  My Grundy runs me $125 for $6000 coverage (liability,
collision and fire/theft/comprehensive).  My insurance agent gets $10 for
his efforts.


Jay

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