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AVDCAV AVDCAV is offline
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Join Date: Jul 2010
Location: Washington DC
Posts: 455
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Geico Collectors Insurance Experience

Well I must say getting my 88 Slant and my 67 Cobra onto a collectors policy was beyond easy " I like many really never even think insurance" I always just took it for granted.. Bill comes pay bill have accident file claim.. And after some education from a friend I was informed that is not exactly how it works.

Before
2006 Cayenne TT
2000 GMC Safari
2009 Scooter 125cc
1988 911 Slant
1967 Everett Morrison Cobra Replica

Total $3,029.00 Yearly No guaranteed value at all just basic NADA

Now
2006 Cayenne TT
2000 Gmc Safari Normal FC policy
2009 Scooter 125cc

Total $1,143.12 Yearly

88 911 Slant Guaranteed Value $85,000.00
67 EM Cobra Guaranteed Value $60,000.00

Total $1,681.80 Yearly

Now I am at $2,823.92 opposed to $3,029.00.... That's a savings of $205.08
which will pay for gas for the Porsche and the Cobra for a single weekend of
driving.. This is also something others should look into " God forbid anybody gets into an accident and the vehicle is totaled" Can you imagine getting a check for let's say $12,500.00 for a car you have 3 X that into without you blood and sweat ? I would be devastated.

I sent 6 pictures of each car and this policy was done in about 40 mins " Gave them a CC number and said " Talk to you next year..
Old 05-28-2014, 09:01 AM
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