[General | Members | C900 | 9000 | NG900 & OG93 | 92X | 93 | 95 | NG95 | 97X | 99 | Sonett | Vintage Models | Performance | Detail | Clubs & SOC | Other Cars | Books Movies & Music | Chat | FAQs | Gifts | Photos | Classifieds | Polls | Raffle | Sponsors]

Sonett Bulletin Board
1964-1974
Search:


[Main Sonett Bulletin Board | Post Followup | FAQ ] [ Prev by Date ] [ Next by Date ] Member Login / Signup [Most Recently Edited Saabnet.com Photo Galleries]
Re: Good info. Which Insurance Co. was this? n/m
Posted by Alan Keith (more from Alan Keith) on Thu, 7 Feb 2008 19:46:42
In Reply to: Re: Good info. Which Insurance Co. was this? n/m, Bruce Turk, Fri, 1 Feb 2008 17:19:09

Bruce,
It's the same deal with J.C. Taylor, the company that insures my '68 Sonett. When I had an engine fire 2 years ago, the adjuster totaled my car (I stupidly only had it insured for $5000) :-(. I had to "buy" it back for $500.00 - the highest bid from the online salvagers I was told. I didn't bother to chalange the bid, or try to find out who the high bidder was, I just went with it. So, bottom line - Taylor paid me $4500.00, which was almost enough to have the car restored to it's original cond. (before the fire). (I actually spent double that amount making "improvements", as you may know.)
I have a suspicion that all the antique/classic insurers work this way. From this experience, I think that the wise thing to do, is to insure your car for at least $500 more than it's actual value. That way, if it gets totaled, and you want to keep it, you might actually end up getting paid an amount closer to your full coverage.
So how much did you pay to keep your cars? Just curious.

Alan Keith

posted by 69.236.166...

Posts in this Thread:
Members can receive an alert when someone posts in this thread.
Post a Followup

Name:
E-Mail: (Confidential & Secure - Not revealed to other users!)
Send me email when someone posts in this thread: (available to Members)

Subject:

Posting rules are simple - No for sale/wanted ads or live auctions may be here - use the classifieds.
You may not cross-post your message to multiple BBs.
Personal attacks, insults, or flaming are not allowed.
Posting any of this will result in an immediate loss of posting privileges on this site.
Site Members do not see any warning (red) text.

Message:

Optional Link URL: (e.g. http://www.saabnet.com/)
To promote your own Saab site here, you must have a link back to The Saab Network.
Link Title:
Optional Image URL: (e.g. http://www.saabnet.com/img.jpg)




The content on this site may not be republished without permission. Copyright © 1988-2012 - The Saab Network - saabnet.com.

This is a moderated bulletin board - Posting is a privilege, not a right. Unsolicited commercial postings are not allowed (no Spam). Please, no For Sale or Wanted postings, SERIOUSLY. Classifieds are to be listed in The Saab Network Classifieds pages. This is a problem solving forum for over 250,000 Saab owners, so expect to see problems discussed here even though our cars are generally very reliable. This is not an anything goes type of forum. Saabnet.com has been a moderated forum since 1988. For usage guidelines, see the Saabnet.com Mission and Purpose Page. Please remember that you are not anonymous. Site Donations
Your address is: 23.22.212.158 - Using CCBot/2.0 - Logged.
Site Members do not see red text instructions, green links, and bottom of the page banners.
Click here to see all the Site Membership Benefits!