Ask teh Insurance guy anything

[Levidian]

Damn. lol

[Levidian]

Quote: Originally Posted by Levidian

Damn. lol

lets see if this works

[Mopar65]

Is there a specific age the driver must be in order to qualify their classic car for classic auto insurance?

[Mopar65]

There is a local guy with a wrecked 04 SRT and through like a week of phone calls I finally got in touch with them. I want to buy the car for parts but I don't know how it works with the insurance company. They don't know how the process works and neither do I. So my question is what do we do in order to buy the car back from the insurance company? The car is still at the towing lot so the insurance companys hasn't gotten to it yet so how does this work? Do I have the owner buy it back after they get their money or do I buy it from the insurance company? Any idea on how much it will cost by any chance? It went head on with a school bus so... Thanks a lot for the help

Mike

[TJ1376]

Quote: Originally Posted by Mopar65

Is there a specific age the driver must be in order to qualify their classic car for classic auto insurance?

Depends on the Insurance company.. Farmers and State Farm (things may have changed with SF, havent worked for them for 3 years now) require that the driver of a classic car must be over 25 to qualify for the reduced rate.

TJ

[TJ1376]

Quote: Originally Posted by Mopar65

There is a local guy with a wrecked 04 SRT and through like a week of phone calls I finally got in touch with them. I want to buy the car for parts but I don't know how it works with the insurance company. They don't know how the process works and neither do I. So my question is what do we do in order to buy the car back from the insurance company? The car is still at the towing lot so the insurance companys hasn't gotten to it yet so how does this work? Do I have the owner buy it back after they get their money or do I buy it from the insurance company? Any idea on how much it will cost by any chance? It went head on with a school bus so... Thanks a lot for the help

Mike

Your best bet is to have the owner retain the vehicle from the Insurance company, and then you buy the vehicle from the owner.

You could also attempt to contact the insurance company and advise that you would be willing to pay more than the scrap yard for the vehicle, but that may be a dead end.

JMDuke, any thoughts from the claims side?

TJ

[Mopar65]

Quote: Originally Posted by TJ1376

Your best bet is to have the owner retain the vehicle from the Insurance company, and then you buy the vehicle from the owner.

You could also attempt to contact the insurance company and advise that you would be willing to pay more than the scrap yard for the vehicle, but that may be a dead end.

JMDuke, any thoughts from the claims side?

TJ

Ok thanks for the info and quick reply

Mike

[pgreptom]

Some of the rates I have read in this thread are insane. I couldn't imagine paying that much; I pay $108 a month for full insurance on an 05' SRT with 18,000 miles - I'm 21, single, live in VA, and have no discounts other than 'Good payer' and some of the vehicle discounts.. My insurer is Allstate, and I have their "gold" package. What gives? Hell, $350 is more than my car payment.

[mr.take]

i love lemon colored cars hehe

[oldracecar]

I really didn't want to read all 36 pages of this thread but I just need a quick question answered.....

Has anyone insured there SRT-4 with collectors insurance.... I don't drive mine except in the summer and it's not too often... I have $13,000 miles on a stock 04.. Any companies I should try or suggestions....

Thanks

[Shedmyskin]

Quote:

i just wanted to know wat some ppl pay here for ins? if u can post age, location, and monthly bill

115 a month through progressive, and I have very good high coverages. Only car on it is my 05 SRT4. I am 31 years old and live in Connecticut.