american collectors DE insurance?

[nostatic]

Anyone using American Collectors insurance for DE/track coverage?

[304065]

I have a storage, transit and paddock policy from them through Parish Heacock. Car is not covered on the track, however.

[Noel]

I bought that DE policy at the beginning of the year for my DE season. It was only a couple hundred $$$s.

[Jack Olsen]

I used to have it, and probably should again. They don't cover timed events (which is reasonable, I guess), but I've heard they're pleasant to deal with if you make a claim.

The basic deal is about $20,000 of coverage for $300 a year. The deductible is high (20%), which means you only really use it in the case of a catastrophe.

But if the worst happens, a $16,000 check would ease the pain, somewhat.

(Edit: fixed deductable amount.)

[Noel]

Here is a link for more information. Note that the insurance is only available in a limited number of states.

http://www.americancollectorsins.com/de_policy.htm

[KobaltBlau]

Thank you for bringing this to my attention. I know some guys (including probably myself) who would be interested in this if it was offered in CO. I sent an email to them to that effect.

[rickeolis]

If it's not covered while on the track, then what's the point?
Theft maybe??

[Jack Olsen]

John Cramer's policy doesn't cover it on the track.

The basic American Collector's DE policy does cover the car on the track -- so long as it's not a timed event.

[rickeolis]

Got it, thanks-

[Jim Richards]

Another option for DE insurance:

LAUREL DE MANAGEMENT INC.
David Empringham
info@LaurelDE.com
Toll Free: 866-518-1110

[bigrubberjeep]

So what insurance is best for cars that do get tracked about 5 times a year? DO I drop my current insurance or is this in addition to the current policy?

[KobaltBlau]

I believe it's an addition to your normal policy. You just have to decide whether the rate they quote you (perhaps ~$300/yr as jack said) is worth it for that protection during your 5 events per year.

[Rick Lee]

Originally posted by Jim Richards
Another option for DE insurance:

LAUREL DE MANAGEMENT INC.
David Empringham
info@LaurelDE.com
Toll Free: 866-518-1110

I'm about to pull the trigger on this. Anyone know of a better deal? For $922 I get up to $45k coverage with a $6750 deductible for 10 DE days per year. Basically, this policy doubles the cost of each DE. Worth it? Something better out there?

[vesnyder]

I had American Collectors and had to settle a claim when a tree fell on two cars in my garage - both totaled. Wrote me a check, no questions asked!

Was curious about the timed events - does that mean you are not covered in AX, but will be covered in DE's?