DeTomaso Mailing List: January 98, Message #245
     



From: 	Cary Foster <cfoster@etcconnect.com>

Subject: FW: Pantera Insurance Policies

Date: 	Wed, 7 Jan 1998 17:09:08 +0000



To All,

I called DeMuelle Ins. about Hagerty insurance. They said Hagerty is

just another middleman between the real underwriter of the insurance

which is Greenwich Insurance. I have Greenwich Insurance on both my

Pantera and the Tiger. It doesn't matter what Hagerty says how much you

can drive your car and when you can drive it. What matters is the fine

print on your Greenwich Policy. My policy says 2500 mile limit per year.

I am asked every year what my mileage is on my cars. The policy also

says no driving to work or to the market or whatever. The only time you

can  drive the car is to club events, parades and weekend pleasure

driving. In a court of law, this is what only matters. 

But, the rates are great. I have an agreed value of $25,000 on the

Pantera and an agreed value on the Tiger of $18,000. My yearly rate for

both cars is $460/year. Also, Greenwich will insure modified cars with

horsepower enhancements. This is what I have. They allow headers, high

rise manifolds and I think such things as turbo's and blowers.

 I have always worried with other insurance companys as to what they

would do if I killed someone in a accident and they inspected my car and

saw Wilwood brakes, aluminum heads and a high rise manifold. Would they

just say "Sorry Mr. Foster, we cannot defend you in your law suit

because this is not the kind of car we thought you were insuring with

us". 



Cary

> ----------

> From: 	Curt T.[SMTP:curt@digitalthunder.com]

> Reply To: 	Curt T.

> Sent: 	Tuesday, January 06, 1998 1:15 PM

> To: 	Multiple recipients of list

> Subject: 	Re: Pantera Insurance Policies

> 

> Bryan wrote:

> 

> Hey Curt, where did you get this information!?!  Or is this just

> paranoia talking?  Hagerty told me they like to appeal to the

> classic car owners that likes to DRIVE their cars, not just

> bring it out club events and shows.  HECK, the literature even

> says "No Club Membership Necessary."  I know SOME insurance

> companies won't cover your accident if you weren't driving it to

> a club event or show, but both Hagerty and Parish said that 

> being that restrictive was too unreasonable, why have a classic

> car if you can't drive it?

> 

> ---------------------------------------------

> Oh yes, and they are our friends, we should trust them completely!

> Who said that?  :~)

> 

> Talk to your agent, this is what he told me.  I believe we have 

> the same guy and that's what he told me when I pushed him 

> about the mileage.  I asked "since we have no limit, can I drive 

> as much as I want without a problem?".  He said that it is classic 

> auto insurance, and not for an every day driver, and is meant to 

> cover a collectors car doing collector things. 

> 

> Maybe I'm wrong and the agent just didn't know because he only 

> represents Haggerty.  Yet!  I'd bet good money that if someone totaled

> 

> their car driving to work and had put a large number of miles on the 

> car, they would fight you.  

> 

> But draw your own conclusions, that's what I've done by asking 

> the questions of them, and that's what I feel.  That's all I'm saying,

> 

> don't believe everything they say now, because it will change when 

> you want big bucks from them.  I'm not going to push it myself.

> 

> As a reminder though, I have Haggerty, and I love it.  They paid my 

> claim to me directly.  They said they'd send me a check as soon 

> as they got a photo of the damage.  I got the check ($1700)  two days 

> later and I hadn't even developed the film.  But what haunts me about

> it 

> is the lady on the phone said "Oh, it's under $2,000 so there

> shouldn't 

> be any problem getting a check out" - that is just what she said!

> What 

> if it's a lot more than $2,000? Or, $15,000 or more?  I don't buy

> insurance 

> for the little things, I buy it for the worst case.

> 

> 

> Curt T.

> 1TO9 MPG, As the song goes - Trust in me... just in me.... (that's the

> 

> insurance company singing, not me).

> 

> And Frank I haven't had ANY problems with Haggerty at all.  Never said

> 

> I did.  Your getting this all wrong.  Just go ahead and test them and

> don't 

> pay any attention to what I wrote.  ;~)

> 

> 

> 

> 

> 

> 

>