Re: IML: How much is a necessary cost?

["Frederick Joslin" <fljoslin@xxxxxxxx>]

I am of the opinion that insurance is a necessary evil that you do not actually plan on using except for a catastrophic event. Once I get any vehicle below about $5000 in value I drop the collision and comp. I am more interested in the liability insurance to protect my a$$ from lawyers. The Imperial is on the same policy as my other three vehicles( 99 Intrepid ES , 05 Pacifica Touring, 06 Odyssey EX-L) with an attached umbrella policy with many zeros in it. The total insurance on all four vehicles with comp and collision on the 05 and 06 is about $160/month.

----- Original Message -----
From: "Tom Scott"
To: mailing-list@xxxxxxxxxxxxxxxx
Subject: Re: IML: How much is a necessary cost?
Date: Fri, 12 May 2006 09:53:25 -0400

Fred,

I read you last response about necessary costs and saw that your insurance doesn't include collision and comprehensive.  Have you ever thought of inquiring about collector/antique insurance from one of the companies that specialize in it?  You could probably insure with one of these companies for about the same cost and have collision, comprehensive and replacement value.  I have a 60 Crown, an 80 NYer 5th Ave and an 85 Shelby Charger all insured on the same policy with replacement value for each.  It runs me about $120/year. 

Just a thought.

Tom

----- Original Message -----

From: Frederick Joslin

To: mailing-list@xxxxxxxxxxxxxxxx

Sent: Friday, May 12, 2006 9:31 AM

Subject: Re: IML: How much is a necessary cost?

Yes there are restrictions. One I believe is that you cannot tow with a vehicle with an antique plate. There are others. I do not drive this car very much and I do not believe that the police are too worried about enforcing those restrictions anyway. Bigger fish to fry! I feel that it is very nice to have this option if you can use it and do not abuse it.

Also I have insurance through State Farm tagged on with my other policies which runs about $8/month. This is for an Antique vehicle with limited use with no collision/comp which again is appropriate. My total non operating cost for this vehicle runs about $100/year (soon to be one tank full of gas!!!!!!!). 

 This choice fit perfectly with my use of the car. Also, in Washington, you only need the rear plate for an antique vehicle which I think makes the car a little more aesthetically pleasing. I really love the front end of the Fuselage Imperials, especially the 69's and they look even better without the front licence plate (in my opinion).

----- Original Message -----
From: "Darrell Smith"
To: mailing-list@xxxxxxxxxxxxxxxx
Subject: Re: IML: How much is a necessary cost?
Date: Fri, 12 May 2006 08:56:42 -0400


Here in Washington State I got an antique plate for my 1969 LeBaron.
It cost about $60.

I never have to do anything again for this car. No tax, no
registration, no safety inspection... Sweeeeeet

Fred,

Are there restrictions on when and where you can drive your car? I
live in DC and when I went to have my '73 inspected, the inspetion
tech told me not to get Antique plates, since that would limit when I
could drive my car. Only on weekends, holidays and parades. I went
ahead and got regular plates, and can enjoy my car all the time.


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Fred Joslin

Fred Joslin