[DML] Insurance, stated value, daily drivers
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[DML] Insurance, stated value, daily drivers
- From: Ryan Wright <ryanpwright@xxxxxxxxx>
- Date: Thu, 3 Nov 2005 09:09:42 -0800
With the recent discussions on insurance, I thought I'd ask:
Does anyone offer stated value coverage on DeLoreans that are used as
daily drivers?
Thus far, I have had no luck finding such coverage. I called virtually
every insurance company in my yellow pages, including several
"brokers" that deal with dozens of companies. None would insure a
DeLorean at stated value. The collector car companies won't touch
daily drivers.
So far I've been "risking it" with State Farm - they don't offer
stated value coverage. It's funny how you can pay top dollar for
insurance and still have no guarantees of being able to replace the
car in the event of an accident. I figure, in the event of an
accident, I'll have to sue them to get a fair settlement. I'd be much
happier if I had stated value coverage.
--
- Ryan
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