Ferrari Mailing List: Re: [M3] Reply from State Farm as regards Classic M3 coverage:Fw: C...

[Britt2Asa (Britt2Asa]

It is interesting reading this since I have gotten use to the UK being more 
expensive and more difficult to do most things than in the USA BUT in this case 
its much easier. If a car is more than 10 years old AND you have another car 
to drive AND don't take the car to work you can get it insured on a classic 
policy (usually with miles restriction). My 328GTS WAS 400.00 per year on an 
agreed value policy and the 400i is 300.00 per year on an agreed value policy. 
Ironically those rules mean a 512TR will be a lot cheaper to insure than a 550 
(because of the 10 years old) which I will keep in mind when I get my next car.

Britt



> Tom...
> 
> It appears that in your area, the underwriters are looking to insure 
> vehicles that
> are not driven often as classic cars... A car that is driven every 
> weekend, is
> more of a pleasure vehicle, and driving the vehicle every weekend, 
> apparently
> is more exposure than they wish to handle...   It appears that in your 
> area, a
> classic car is more of a SHOW car..  one that sits in a garage 96% of 
> the time..
> So.. classic car coverage IS available.. but whether or not your driving 
> habits
> meet their restrictions is clearly  in doubt.
> 
> Mark Williams
> Dallas, TX
> 
> 



BR in the UK
1986 328GTS (LHD 89,940km) Died August 19, 2006 Shrewsbury UK
1980 400i (RHD 72,000 miles)