Re: Collector car insurance

[Brad Sterling <bgsterling@earthlink.net>]

I talked to an insurance carrier about this for my old Alfa.  At least with
their company (can't remember which one), collector's insurance was like a
savings account.  You put money in monthly (like usual) and when you needed
to file a claim, whatever was the total amount of what you put in, is what
you had available to spend.  Seemed fishy to me, so I didn't look in much
further.  I don't know if this prevents the insurance company from totaling
your car, but it definitely let's them collect interest and investment gains
on your cash.

-Brad

Craig Moore wrote:

> While reading about Rich Deede's possible insurance problems, my wife
> sat in while I looked over a few.  I told her about his possible
> problem.  The nest day she is having her tires rotated and aligned and
> she glances at some car mag. in the shop.  She found an add for ANPAC in
> Springfield, MO, according to the add they insure cars at a higher
> replacement value than most traditional insurance companies, apparently
> they specialize in collectors cars.  The number to call is
> 1-800-carbuff.
>
> I just thought I would pass this along in case anyone might want to
> check it out.  I'm happy with my Allstate agent, we were his first
> customers and he takes care of us.  If anyone looks into this let us
> know what its about.
>
> ===
> Craig Moore
> 87 Scirocco 8v
> 96 Tacoma 4x4
>
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