Getting Ready to Pull the Trigger

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Getting Ready to Pull the Trigger - 4/15/2008 10:36:32 AM    esanger   Posts: 68 Joined: 10/22/2007 Status: offline But the darn insurance is bothering me. I looked into Hagerty, Grundy, and American Hobbyist and all will only insure if you sign a declaration that the vehicle will never be driven to work or errands.  Progressive wants $1700 per year..On the other hand, if I insure it as a GT, I am taking a huge gamble on taking a potential loss in the event of an accident or theft... What has everyone else done? I want to be able to drive the darn thing after I spend all this money... Post #: 1

RE: Getting Ready to Pull the Trigger - 4/15/2008 11:07:59 AM    Tas Posts: 323 Joined: 11/28/2005 From: Los Angeles Status: offline try a collectors or second car (low miles) insurance. I said its my weekend car and got my Jeep as my daily. I have AAA insurance. _____________________________ -Tas '04 Saleen Mustang speedster sc281 #271 '67 Mustang notchback (in reply to esanger) Post #: 2

RE: Getting Ready to Pull the Trigger - 4/15/2008 11:21:21 AM    esanger   Posts: 68 Joined: 10/22/2007 Status: offline I looked into that, but the only problem is you can't drive it to work or on an errand. With 2 kids under 6 the only driving I GET to do is back and forth to work and errands. Weekend "cruising" time is just not available... (in reply to Tas) Post #: 3

RE: Getting Ready to Pull the Trigger - 4/15/2008 11:35:39 AM    s28won   Posts: 54 Joined: 3/20/2008 Status: offline i would highly suggest not insuring it as just a GT. I had a 1998 Saleen and insured it as a GT and 1 1/2 years later i get into a 4 car crash on Highway 4 in Cali and even though it was not my fault, my insurance wouldn't cover any damage priced over the KBB price of a regular 1998 Mustang GT. You can imagine how much steam i was blowing out of my ears at the time. I know everyone thinks it can't happen to them, and certainly you never want it to. But life throws weird **** at you, and youd hate for your baby to have to go through that haha. _____________________________ 2002 Saleen S/C Coupe #154 Quite stock atm. (in reply to esanger) Post #: 4

RE: Getting Ready to Pull the Trigger - 4/15/2008 11:57:11 AM    04#231SC   Posts: 506 Joined: 6/21/2007 Status: offline I go through State Farm insurance and the day I picked up the Car I went to the office and they photo copied my Dealership Bill of Sale and the window sticker. About $51K at the time in 04. They know its my weekend car and that I put very limited miles on it., my dd is a 07 Avalanche and so I feel I am covered. The other thing to do is get the car professionaly appraised  to assgn a value to it. Now if your driving it 20K  miles a year that may not be worthwhile. But I think there are ways for you to get the necessary coverage you need and have it at a fair rate and be able to enjoy the car as well for the reasons you bought it. Also how old are you? That will play into the equation and do you have other cars insured through a particular carrier? _____________________________ 2004 #231 SC Convertible Triple Black MGW Shifter Accufab 75 MM TB JLT Cold Air Intake Focus Fuel Pump Chicane 66mm Pulley 3:73 gears SCT Tune More to come. Previous 88 GT (sold) 89#709 Saleen Coupe (sold) But not forgotten (in reply to s28won) Post #: 5

RE: Getting Ready to Pull the Trigger - 4/15/2008 12:02:13 PM    esanger   Posts: 68 Joined: 10/22/2007 Status: offline 34/married/clean record (in reply to 04#231SC) Post #: 6

RE: Getting Ready to Pull the Trigger - 4/15/2008 3:42:18 PM    Saleen#468 Posts: 483 Joined: 1/25/2006 Status: offline i have USAA and i just had to show proof of what the car is. faxed them window stickers, pictures, and letter of authenticity from saleen. Just in case I bought gap insurance as well when i purchased the car. _____________________________ 2005 saleen s281 (in reply to esanger) Post #: 7

RE: Getting Ready to Pull the Trigger - 4/15/2008 4:14:05 PM    dotbomb   Posts: 820 Joined: 7/10/2006 Status: offline If you are financing the vehicle then you might be fine with GAP insurance.  It all depends on what you can tolerate in terms of risk. _____________________________ 1968 GT/CS Sold 2006 S281 SC #469 475 HP kit (more like 465), 3.73 Gears, "E" Panhard & Lower Control Arms (in reply to Saleen#468) Post #: 8

RE: Getting Ready to Pull the Trigger - 4/15/2008 5:42:56 PM    mills281e Posts: 1448 Joined: 8/27/2006 Status: offline Don't feel bad Eric, I am in the process of switching over my Saleen (leaving my other two cars on our current Nationwide policy) to an alternative carrier and got turned down by one of the above.  One of the main reasons....because I listed that I drove it to work anywhere from once a week to two weeks.  These insurance companies/underwriters are total fools to think that someone that list on their application they drive their cars to "where ever" only on weekends for "pleasure" are any safer than someone like me or you driving our Saleens to work every now again and parking it in a covered parking deck, away from other cars with security guards walking the garage periodically.  I told the women from the insurance company that their total liability for receiving my year's premium (free money basically) involved me putting approximately 1500 miles on a car that I'm super anal about....you can't find too many different places to park other than your own garage putting that many miles on a car a year.  An example of total business sense ignorance at its finest.        < Message edited by mills281e -- 4/15/2008 5:43:59 PM > _____________________________ 2002 Saleen S281 Extreme #46 Chicane Intercooler & pulley; SCT Chip & Tune; 3.73's; 90mm SCT MAF; 70mm ACCUFAB TB; KB Boost-A-Pump 1997 SVT Cobra #5726 (SOLD) (in reply to dotbomb) Post #: 9

RE: Getting Ready to Pull the Trigger - 4/17/2008 2:33:44 PM    04#231SC   Posts: 506 Joined: 6/21/2007 Status: offline I was told I can't drive to work and still be covered.       I said I work from Home... Dooohhhh j/k I have never had limitations put on me from an insurance perspective as to where I can drive or don't drive. That is all self induced. I never go to the Mall, or  movies with it or a place where it is really out of my sight. I maybe go to  Chiles or something like that once or twice during the summer. The other times are to car shows and just a nice leisurely cruise once in awhile. Hence the 750 miles or so a year I am averaging after 2 years of ownership.   Yes Jazzer I already know your response to this... Silly Rabbit....  Saleens are meant to be driven..... _____________________________ 2004 #231 SC Convertible Triple Black MGW Shifter Accufab 75 MM TB JLT Cold Air Intake Focus Fuel Pump Chicane 66mm Pulley 3:73 gears SCT Tune More to come. Previous 88 GT (sold) 89#709 Saleen Coupe (sold) But not forgotten (in reply to mills281e) Post #: 10

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