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Reply to "Who Are You Insured By?"

quote:
Originally posted by Cyboman:
When I spoke to them tonight about it they told me yes, your car has been classified as an antique since it was 25, and the rates will actually go down about $10 a year for the next 10 years, but it's not a sudden drop.


Michael,

In Canada things are not always the same, but my GT40 was valued similarly to my Pantera but cost me almost three times as much to insure. When I asked (assuming that it was a "kit-car" issue, they said the 25 year age was a big drop. Well, this year I opened my renewal and guess what? My rate on the GT40 DROPPED from $1,100/yr to $400 BECAUSE it just became 25 years old and is now an Antique. Not a gradual drop, but a very large (and positive!) drop. Time for you to switch, IMHO (or just sell me that damn thing since you don't use it any more anyway!). Big Grin

Mark
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