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CC Advertisers
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10-24-2006, 06:41 AM
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CC Member
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Join Date: Dec 2000
Location: Marietta, GA, USA,
Posts: 77
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Not Ranked
Cobra Insurance
I just got my yearly insurance bill and it's around $900 through Grundy.
Is this inline with what ya'll are paying?
Thanks,
Joel
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10-24-2006, 08:02 AM
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Senior Club Cobra Member
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Join Date: Aug 1999
Location: Ellington,
CT
Cobra Make, Engine: Classic Roadster 351W, T5, Red & White
Posts: 3,478
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Not Ranked
Cost would be dependent upon the Agreed Value, Liability Amount , Medical Payments, any mileage limitations etc., etc., If you wish to validate the cost, the insurance company I use:
American Modern Home Insurance
Elite Collector Auto Policy
PO Box 5323
Cincinnati, Ohio 45201
800-723-3722
Local CT Agent:
Michael Smith
NorthEast Classic Auto Insurance
PO Box 287
Monroe CT 06468
800-866-6440
203-459-9789
If you search using Insurance, there are a number of Threads regarding insurance cost and choices
__________________
2014 Porsche Cayman S, 2014 M-B CLA 45 AMG,
Unkown:"Their sweet lines all but take my breath away, and I desire them as much for their beauty as for their use "
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10-24-2006, 08:12 AM
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CC Member
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Join Date: Feb 2006
Cobra Make, Engine: Streetbeast, 351W
Posts: 265
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Not Ranked
I just sent mine out the morning, $326.00 thru Continental Western group for the year.
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10-24-2006, 10:31 AM
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Senior Club Cobra Member
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Join Date: Jan 2001
Location: Bloomfield Hills, (Detroit area),
Mi
Cobra Make, Engine: Superformance 156, ex Paxton 351, now a 392 Ford Racing Stroker
Posts: 1,666
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Not Ranked
redunique........my grundy rates are about the same. i have 3 toy cars covered by them, agreed value, a no fault insurance state and a clean driving record. the spf alone costs 50% more than my other two toys combined. they get a premium for cobra replicas . there are other less expensive carriers but i know that with grundy when you need coverage from claims there are virtually no questions asked as long as you have not violated their published coverage restrictions . their rates differ in other states, some states don't allow agreed value coverage, and if the car is registered as a 1965 the rates are much less thru grundy- mine is registered as a 1998 mich assembled vehicle so a higher rate. bill
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10-24-2006, 10:37 AM
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Banned
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Join Date: Oct 2003
Location: Yorba Linda,
CA
Cobra Make, Engine: SPF w/392CI stroker
Posts: 3,293
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Not Ranked
I pay a little more through my Allstate plan, but I have an agreed upon guaranteed replacement value ($50K, backed up by a professional appraisal) and I know I won't get short-circuited if the need arises. Compared to even Allstate that $900 bill you received is steep! :EEK:
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10-24-2006, 11:51 AM
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CC Member
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Join Date: Aug 2002
Location: Rockton,
IL
Cobra Make, Engine: Midstates work in progress, personally built 302
Posts: 328
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Not Ranked
I'm just getting the insurance set up and State Farm is giving me around $200 a year for $33k agreed upon value (car's not done yet), standard 100/300/100 coverage. Mileage limit is 3500 miles.
__________________
You might be a redneck if you think the National Anthem ends with "...Gentlemen, start your engines."
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10-24-2006, 03:36 PM
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CC Member
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Join Date: Jan 2005
Location: Roswell,
GA
Cobra Make, Engine: FFR, 351/425 hp, Red w/blk vibrance stripes
Posts: 57
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Not Ranked
I pay $689 thru Classic with a $30k agreed and 5k mile a year with 100/300/100...in Georgia.....
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10-24-2006, 05:38 PM
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CC Member
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Join Date: Feb 2005
Location: Truckee and Kailua,
Ca
Cobra Make, Engine: B&B 351/402 Fi roller everything
Posts: 527
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Not Ranked
State farm in cal. costs me 371.62 every six months 35,000 agreed value. but when my car gets finished a classic car designation can be put in to effect driving less than 1000 miles a year for under 200 a year.
__________________
the older i get the faster i was.
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10-25-2006, 09:56 PM
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CC Member
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Join Date: Jun 2003
Location: Cobb County,
GA
Cobra Make, Engine: FFR1427
Posts: 582
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Not Ranked
I'm paying $570 yr thru Condom/Skelly for $35k agreed w/ 5k mi a yr limit. ... in Georgia ...
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10-26-2006, 02:41 PM
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CC Member
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Join Date: Jun 2004
Location: atlanta,
ga.
Cobra Make, Engine:
Posts: 109
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Not Ranked
Got mine threw infinity . 549.oo yr. 3000miles a yr. and 61,000.00 agreed value.
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11-01-2006, 07:37 PM
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CC Member
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Join Date: Dec 2000
Location: Marietta, GA, USA,
Posts: 77
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Not Ranked
I appreciate everyone's input. It looks like I'll be saving some $.
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11-01-2006, 07:55 PM
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CC Member
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Join Date: Nov 2004
Location: Rehoboth Beach,
DE
Cobra Make, Engine: SPF #2459 460ci, TKO 600
Posts: 45
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Not Ranked
Can't say enough good about Grundy. I had a recent settlement with them, and they could not be more helpfull, no questions asked.
__________________
Thom
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11-21-2006, 09:53 AM
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CC Member
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Join Date: Oct 2006
Cobra Make, Engine:
Posts: 12
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Not Ranked
Insurance
Would you believe I am paying $198 per year through State Farm!
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11-21-2006, 11:02 AM
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CC Member
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Join Date: Feb 2006
Location: Arlington Hts,
IL
Cobra Make, Engine: SPF, KC 427
Posts: 424
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Not Ranked
My insurance is with Rally Insurance. They write for Safeco. My cost was $132 for 6 months with a guaranteed replacement value of $34K on my LA Exotic. But I sold the LAE and now my SPF insurance is twice what is was, but so is the guaranteed replacement value.
Rally Ins
Elmhurst, IL
630-617-9960
__________________
To my Cobra: - - when I'm with you - Oboy!
Last edited by Poolw; 11-21-2006 at 11:06 AM..
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11-21-2006, 04:28 PM
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CC Member
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Join Date: Dec 2004
Location: toronto,
ont
Cobra Make, Engine: 408w 500 h.p. 550 ft.lbs
Posts: 562
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Not Ranked
Just renewed mine,
Clean abstract, unlimited milage & use, appraised replacement value $71,300.00. Annual premium-----$2,687.00 
In Ontario there are not any insurance Co's that write policys on "Kit cars"
You automaticaly go into a "high risk" catagorie & pay the max. rate
BUMMER!!!! 
But as soon as you turn the key it doesn't matter any longer.
That's also probably why I have more than 6000mi. in 15 months, that includes 6 months of winter.
Craig |
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