Thread: Project $ 3 K Is Underway

Tweet

Originally Posted by Itoldyouso

Dear Uncle Guido:

Do we still have those "friends" in Maple Valley Washington? I have a "little job" for them.

The Don

I have an old Marine buddy in Detroit that might be able to help.

Don,
Wow your car looks great! I have been on vacation the last couple of weeks, and didn't have access to a connection, you have got a lot done. I am way behind on everything so I don't have time to go back threw everything, and after seeing the pink thing I'm not sure I will any time soon!
Ken

Yeah Ken, that Bob is just a barrel of laughs.

I was just thinking we haven't heard from you lately. Sounds like you got away on your vacation. What did you do?

Don

I had to go to China on business and decided to take the family. So we made it a vacation. Went to the Great Wall and 3 Gorge, and a bunch of places I can't pronounce much less spell. It's all worth seeing if anyone is interested. I took over 600 pictures.

Wow, that really IS a vacation. I for one would love to see some of the pictures. Had to be fantastic.

Don

Sure, I don't know how to resize, I will ask at work tomorrow and post a few. It really is unbelievable some of there history and what went on there.
I have to tell you it will really open your eyes to what is going on in our country,we are really in trouble here and it's like, nothing is being done. I don't want to get political here but I honestly don't think this is reversible. I don't know what will happen to future generations.
Ken
Just for the record I'm being forced to contribute to this problem just like a lot of small business are.
Ken

It scares me too Ken when I see how little we actually produce here at home any more. What saved our butt in 2 world wars was that we could out build the other guy. Now, we just service other people's stuff, pretty much.


Hey, I have a question about car insurance to ask you guys. Yesterday I went to my insurance agent to renew my regular car insurance, (I've had the same agent since 1985) and I mentioned to him that I would be coming in to put my T on the policy in the next couple of months. He said "don't do it, I have a better deal for you." Turns out he sells Haggerty Collector Car insurance, and says for about $ 300 a year I can get total coverage on it.

I've just always tagged it onto my normal policy, and never considered anything like Haggerty just because I thought it might be too restrictive (he says I can drive up to 3,000 miles a year) but how do they verify that? My car has no speedometer, and hence, no odometer either,

Do any of you have Haggerty, and how do you like it? Do they put you through any hoops initially, like pictures and maybe not accepting you, or anything?

Don

I have Haggerty, I stated the value I wanted it insured for and they requested pictures and that was it, no restrictions that I am aware of. I haven't filed a claim so I don't know that would go.
Ken

I've had Haggerty for over 15 years, never had a claim to test them. They used to be very price competitive. In the last few years others have decided to give them some competition. Last year I put the Fairlane on with Grundy (check them out as well) because they were close to $100 less for the same dollar amounts of coverage (comparing rates alone isn't enough unless you know the level of coverage), and didn't require an appraisal as I've had to do with Haggerty in the past (on some of the cars not all). I still have the cars that are in the build process with Haggerty (comprehensive only, not liability) as Grundy told me they don't insure unfinished or project cars. As for the mileage thing, nobody has ever come out to varify odometer readings either initially or annually, it must be some technicality they have to abide by to sell the type of policy they do.

Just to add to what Bob said it reminded me that Haggerty does insure project cars. I wanted my roadster insured when it went to the body shop, just in case
Ken

Originally Posted by Ken Thurm

I have Haggerty, I stated the value I wanted it insured for and they requested pictures and that was it, no restrictions that I am aware of. I haven't filed a claim so I don't know that would go.
Ken

Just to clarify because you used the words "stated the value" as this is close to insurance policy terminology. There are two ways policies are written to define how a loss payout will be made value wise. "Stated value" is what most daily driver policies are based on. That means that the initial value of the vehicle is stated as such and so amount and then is subject to depreciation as time passes.

Collector cars, so far, don't usually depreciate so should be written on an "Agreed Value" policy (not all companies are willing to do this, but Hagerty and Grundy, along with others, will). With "Agreed Value", if you pay for $10k of value, you get paid $10k for a total loss, not some lesser, depreciated amount.

Thanks Ken and Bob. I just always assumed policies like these were for cars you occasionally drove, like maybe to a show or cruise, and when I have a running rod I like to drive it alot, like daily. I also didn't want to get into any hassles where you need to get a survey or something similar to determine condition or value, but it looks like that is not even required.

I appreciate the feedback.

Don

Originally Posted by Itoldyouso

I just always assumed policies like these were for cars you occasionally drove, like maybe to a show or cruise, and when I have a running rod I like to drive it alot, like daily.
Don

That's technically accurate. The policy language on all lower cost collector car policies that I'm aware of is very restrictive in it's definition of use. That's how they insure for lesser premiums, by restricting use. Daily driving raises the risks. It comes down to your tolerance for risk, and your level of "honesty". If you have an accident at 7:00am in commuter traffic on a Tuesday morning on a route that is plausible for going to your place of employment (when you were) they may say that you violated the terms of the policy and not cover the loss. You may retort that you were actually driving it to the tune-up shop (this is the honesty part ) that just happened to be on the way to work, and argue the point with them. Just things to consider.

Thanks again guys for the info on insurance. I think I will try it out when the time comes.


BTW, I just ran across a website that I thought might interest some of you. It was posted on another forum, and I called the guy and had a conversation with him. It will solve a little problem I ran into.

There is no room on top of my dash for a tach and cup, because my windshield lays back so far. I have an old Dixco tach that I want to use, but it didn't look good under the dash in just the cup, so I thought if I could get an underdash gauge panel for just the tach and maybe the ignition switch on one side, and another button or switch on the other it would look nice. I even thought of making a panel out of 18 gauge steel and having Dan weld a lip around it for strength and cosmetics. But then I ran into these guys who have some pretty cool panels already done.

www.knechtequipment.com/

Turns out they will custom make a panel for no upcharge, and will work from my drawing. The guy I talked to, Karl, was super friendly and helpful, and says he is happy to make up my panel for $ 79.00 plus shipping. The one I like that they already have is the one shown below, but the top is curved for a '32 style dash, and mine is flat. Their stuff looks pretty traditional, and I think it will blend in with my dash pretty well.

Just thought someone else might benefit from knowing these guys exist.

Don

Grundy and Hagerty both limit vehicle use to hobby, show, parade or pleasure. If you're driving it to work, you've got a problem.