Connecticut Insurance

[Todd Hedges]

Can anyone recommend an insurance company for a Cobra in Connecticut.
I just received my renewal notice and at $1300 it's crazy to be limited to under 3,000 mile a year.


I'm looking for an agreed value policy for my ERA.
I've had it on the road for 3 years now with no violations.

Any suggestions???

[REDSC400]

Hi Todd:
Try North East Classic Auto Insurance.
Agent there is Mike Smith (If memory serves)
They have an office in Monroe, CT.

http://www.classiccarinsurance.com/

203-261-8474 or 800-866-6440

The agent there is Mike Smith and he knows Cobras.

Also, check the back of your ERA Assembly Manual, Bob lists a slew of insurance companies that may offer insurace for your ERA.

[Rottie]

Todd,

How are you doing? I called Robbin and he insured my Kirkham, call me and I ll let you know the rate, It less then half with more coverage. He is easy to work with, here is his information:


Robbin R. Terry, CIC
Midwest Classic Insurance
POB 229, 110 South Fifth Street
Auburn, Illinois 62615
www.midwestclassicins.com
1-888-271-4000
1-217-438-3347 (fax)

Hope the family is doing well. peter

[Don]

Allstate in Connecticut will insure the Cobra if there are also other vehicles insured with them, liability, comp, etc

[OFFTAZ]

Hi Todd you can also call Scala Ins Main St in Bridgeport .

[wtm442]

I got various rejection reasons for insuring my Cobra last year including:

Not in MA
Sorry, no kit cars - no replicars
Must be an original Cobra with VIN # starting in CSX (Grundy)
Physical damage only, get liability thru another company
Only if value is above $75K

I'm sure that some Cobra owners have insurance thru many companies that rejected me, but many are no longer writing insurance for Cobras or any collector cars in MA. No luck with Grundy, Haggerty, Condon & Skelley, Leland West, three local agents, State Farm, NE Classic Auto (Mike Smith), Midwest (Robbin Terry), Classic Auto Ins (Drew Yagodnik)

After about 8 hours on the phone, I hit paydirt ... thanks to recommendation of local appraiser.

American Collector Car Insurance in NJ
www.americancollectors.com
800-360-2277
They have underwriters that deal specifically with MA collector car insurance

I talked with Diane K on ext 251

Did not need appraisal, but long list of stuff and conditions that were not any problems
Must be garaged
Optional coverage only up to coverage you have on your daily driver
Must have proof of another car as the daily driver
2,500 miles max per year
No restriction on time or where driven (any day, any function)
No racing, track or timed events coverage

Coverage - basic limits except #3 (Uninsured Motorist), #5 (Bodily Injury) and #12 (Underinsured Motorist) set at $100/300K (their max). Damage to Someone's Property #4 set at $50K

$50,000 "Agreed" Policy for Collision & Comprehensive (#7 and #9) with
$500 deductible (full coverage on glass)

Cost for year only $320.00. The lowest cost with no optional coverage would have been about $275, so for an extra 50 bucks I got the max coverage they had (thanks, Todd for the lessons).

Fantastic! Especially when I got a quote of $2,364.00 for same coverage from my agent if I wanted to insure it just like a daily driver!

Their web site says it takes 12-14 business days, but that includes mailing time both ways. I did an overnight mail on a Friday and got insurance approval on Tuesday (tel call) and the RMV form in Thursday mail.

Found out another interesting tidbit. In MA, their is no such thing as AGREED Value policy. Its actually a Stated Value of $XXX, but it is not depreciated with time or usage. Therefore, it technically is an agreed amount, its just that MA terminology and laws are what drives insurance companies away from our screwed up state.

Should be no problem in Conn.
Warren