Amercian Collectors Ins?

ERA 626 · #1 (**permalink**) 01-22-2003, 11:41 PM

Has any one done buisness with this company before?
They gave me a very good quote I was just wondering if it to good to be true

RACER X #99 · #2 (**permalink**) 01-23-2003, 03:54 AM

Yes, for the last 10 years. But I have not made any claims. YET

Tony Aprile · #3 (**permalink**) 01-23-2003, 07:02 AM

I just insured my SPF with them less then a month ago, as my car was delivered Dec 18. I sent in some pictures with the paperwork, was approved and had the insurance card within two weeks. The price was very reasonable, although the mileage is only 2500 a year.

rms427 · #4 (**permalink**) 01-23-2003, 10:34 AM

I have been insured with them for about 10 years. I had the brakes fail on my 1960 Rolls and rolled through a stop sign and got hit by a 3/4 ton pick up. It was a weird accident since I had slowed down and was only going about 5 mph when the brakes failed. Nobody was hurt but my car was totalled. It was my fault and American Collectors paid off promptly for the stated value. In fact I was paid more than I expected since I had forgotten that I had an inflation index in the policy. My stated value was $20,000 and I was paid $23,400. They also paid for the towing and storage of the car until it was sold for salvage. They must of handled the other vehicle since I didn't hear anything about it.

My cost went up for my remaining cars but it still seems lower than other classic car insurance companies.

I also had a friend in Houston that totalled his corvette and they handled his claim well. His was a single car accident.

Have fun, Ray