[alfa] American Collectors Insurance

[Nash Bap <nashbap@xxxxxxxxx>]

Hello:
 
I have had three cars insured thru American Collectors since 1988. Around 1990 while on a drive the old worn out Michelin XWX on the drivers side rear of my Montreal blew out at 70 mph causing a helluva lot of damage to the panels in front of and behind the wheel. I didn't think something like this would be covered but I called American Collectors anyway. They asked for two estimates which I supplied and received a check in the mail for the full amount within a week. They even paid for the cost of a new Michelin XWX from Coker Tire including mounting and balancing. Needless to say I was greatly impressed.
 
However, you might want to pay special attention to the usage clause. You cannot use your car as a daily driver even if you do less than the required mileage. For example, if you are coming out of a parking lot and you are in an accident where it is clearly your fault they may have valid reasons to deny you coverage; could get very sticky if the other party is hurt.
 
Regards,
 
Nash Bapasola


Date: Sat, 13 Nov 2004 09:53:45 -0800
From: "RC Hiatt" 
Subject: RE: [alfa] American Collectors Insurance

I have a 85 spider on American Collector because the car is too new for
Haggerty. I suspect they too will insure the 85 in a year or two. My two
older Alfa's (including a 81 GTV6) are on Hagerty. These two companies are
comparable in price, both very cheap for full coverage collector car
insurance. The low cost is based on claims data showing a low risk for
people with older, seldom driven, multiple, rarer types of vehicles stored
in a secure garage. The best thing about these prices is I can now afford to
have multiple Alfa's and by using a different car from time to time; I can
approach daily driver usage in total miles between the 3 cars. This many
cars would be economically impossible if I had to pay "normal" insurance
rates. All it takes is the storage space.

While I am quite satisfied with both companies, American is slower to get
confirmed coverage and takes more snail mail. No claims experience with
either one, and do not intend to have any. When I think of the huge amounts
I pay State Farm over the past 30 years for daily drivers and a limited use
RV, it is a true rip off, but cheaper than alternatives so far.

Richard
Portland, OR



- -----Original Message-----
From: owner-alfa@domain.elided [mailto:owner-alfa@domain.elided] On Behalf Of
Colin Talcroft
Sent: Friday, November 12, 2004 11:44 PM
To: alfa@domain.elided
Subject: [alfa] American Collectors Insurance

Hello all,

Not longa ago someone mentioned American Colllectors
Insurance on the list for declared value insurance on
older autos. 
 Check out the new Yahoo! Front Page. www.yahoo.com
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