RE: [Chrysler300] Insurance

["D'Aloise, Lawrence Jr." <ldaloise@xxxx>]

No collector car insurance will insure a car for daily driving. The reason
the rates are inexpensive is that the vehicles are not used for errands etc,
& they are garaged. Although it is certainly important to have adequate
coverage if your car is damaged or destroyed, the most important
consideration is that you have adequate liability & underinsurance
coverage.It doesn't do you much good to get full recompense for the damage
to your car from your insurer if your car is destroyed in an accident that
is your fault if you injure someone seriously & are faced with a $1million
dollar judgment and you only have $25000 liability coverage. The best
solution is to have a basic policy & an umbrella policy which covers all
your vehicles, including the classic cars. My umbrella policy covers my
classic cars for only $10 each per year.
Take this advice from a good source, a personal injury lawyer.
Larry D'Aloise

---Original Message-----
From: Terry Lynch [mailto:terrytown@xxxx]
Sent: Wednesday, February 25, 2004 2:00 PM
To: Chrysler300@xxxxxxxxxxxxxxx; Charles M. Kreszock
Cc: Charles M. Kreszock
Subject: Re: [Chrysler300] Insurance


The trouble that I'm having is finding a company who wants to write me a
policy that allows more than just driving to shows, etc. I recently acquired
a '62 Dodge D100 and my long time carrier (USAA) informed me that they will
only write a liability policy. They will not write a policy for comp &
collision on vehicles older that 20 years. My '64 300 is currently fully
insured with them, so maybe it was grandfathered in since their new
guidelines?

I called a whole slew of the 'Collector Car' insurance companies and have
yet to find one who allows for;
- vehicles not kept in a locked garage
- vehicles driven in excess of 2000 or 3000 miles a year
- vehicles driven ocasionally or moderately for running errands, driving to
work, etc. In other words what I would call a 'daily driver'.

I like my old cars and while none of them are concours quality show cars,
they are in good condition and I want to be able to drive that dang things!

Does anybody know of a company who might have stated value type policys that
allow some daily driving, etc?

Thanks
Terry Lynch
St. Peteersburg, FL



To send a message to this group, send an email to:
Chrysler300@xxxxxxxxxxxxxxx

For list server instructions, go to
http://www.chrysler300club.com/yahoolist/inst.htm 
Yahoo! Groups Links