dan stryffeler Posted August 27, 2007 Report Share Posted August 27, 2007 One of the more interesting things to deal with has been getting insurance... the car is titled as a Mustang GT and that is what the insurance company initially wanted to quote. My agent and I have documented that the car is a Shelby GT-H, (photos, laminated build sheets from Shelby, etc.), but I still worry that if the car were to be wrecked, I would get paid out as if it were a stock Mustang GT. Might have to do Hagarty or Grundy... Dan Link to comment Share on other sites More sharing options...
DeLa1Rob Posted August 27, 2007 Report Share Posted August 27, 2007 All you need to do is have the Shelby modifications added to your base policy as an endorsement. The insurance company needs to know what the modifications are and their cost. robin Link to comment Share on other sites More sharing options...
dan stryffeler Posted August 27, 2007 Author Report Share Posted August 27, 2007 Hi Robin, We agreed on the value of the car after seeing the build sheet... I guess my concern is that when (if?) the cars start appreciating in value, will the insurance company recognize the value of the Shelby/Hertz connection, or just the value of the sum of the parts? It would have been simpler if Shelby or Hertz would have retitled the car - of course, I'm not sure if that would have been legal. Dan Link to comment Share on other sites More sharing options...
kylet Posted August 27, 2007 Report Share Posted August 27, 2007 Hi Robin, We agreed on the value of the car after seeing the build sheet... I guess my concern is that when (if?) the cars start appreciating in value, will the insurance company recognize the value of the Shelby/Hertz connection, or just the value of the sum of the parts? It would have been simpler if Shelby or Hertz would have retitled the car - of course, I'm not sure if that would have been legal. Dan I went wih Grundy, no problem with an agreed value, car cannot be your daily driver. of course they knew the car was new and I told them i might put several thousand miles on it in the first year or two no problem, must be garaged, no one under 25 can drive it (and be covered). I'm 53,cost $750/year. one problem I had with local ins co was if I were 500 miles from home and had an accident they would pay to have it towed to closest dealer. no thanks I want my car to come home. i think you can get a quote online. maybe this will help kyle Link to comment Share on other sites More sharing options...
DeLa1Rob Posted August 27, 2007 Report Share Posted August 27, 2007 NADA is tracking the GT-H for value. I am sure they will also be tracking the SGT as well. robin Link to comment Share on other sites More sharing options...
waterguy959 Posted August 28, 2007 Report Share Posted August 28, 2007 +1 on the Grundy route. Can't be your daily driver. Minimal annual mileage as well. I am saving at least 1,000.00 per year and have an agreed to value. They won't cover a regular mustang only the Shelby's. Hope this helps you in your decision. -Jeff CSM07SGT0399 Link to comment Share on other sites More sharing options...
mmcgrath100 Posted August 28, 2007 Report Share Posted August 28, 2007 I actually got a decent deal from my regular carrier - $550 per six months. I'm only 31 and have a few tickets in the past, so all of my rates are a bit higher than my wife's, I suspect. But at least there are no mileage limits or other restrictions. The agent is willing to "build a file" for the car in case of any accidents or future claims to verify its unique status (i.e., not just a GT with mods). Mike (in Portland) Link to comment Share on other sites More sharing options...
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