Re: OT Car Wreck

Posted by RN on March 03, 2007 at 04:35:28 from (69.129.253.251):

In Reply to: OT Car Wreck posted by Stumpalump on March 02, 2007 at 06:56:59:

Specialty/hot rod/ classic insurance covers what special vehicle is worth on collectors market. if somebody hits it the classic insurers want full value from other parties insurance. Illinois years back a body shop that did old classics had one of their projects hit- other insuranc company refused beyond scrap value for old car, classic company paid full value to restore or replace then charged driver with financial responsibility /uninsured and had state start to pull license for non payment of damage plus civil court filing for full damage plus legal costs and other insurance company got complaint with state request to pull authority to sell insurance in state. Settlement was day after judge said suit goes forward, license pulled pending outcome and insurance company to be charged with civil fraud. classic car insurance company said they give 1 conference meeting then they go to court. not cheap, but 48 Buicks are hard to find parts for when they get hit. RN

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