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Insuring my Saleen

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Old 02-24-2011, 09:16 AM
  #11  
Diabolical!
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Originally Posted by Astonius
Grundy seems like a great deal, however this is technically my DD, and I would hate to have coverage denied because I told them it wasn't a DD. This might change as I'm considering a DD, but until then I decided to go with Geico (who I already had) as they were able to get me the best deal. My 6 mo. premium for an under 25 single male is $875. That's with coverage of $20k for the Saleen mods.

Some people have expressed concerns around the value of the mods at $20k saying it might be more. My thought is the car's MSRP in '06 was $52k. I'm estimating that a base GT in '06 was around $32k, thus a $20k difference in mods. Is my logic/calc flawed?
With depreciation, I'd imagine that the $20K figure is actually high.
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Old 02-24-2011, 09:18 AM
  #12  
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Originally Posted by zoomerman46
I'd go with Grundy. I have a 2005 GT that I modded the hell out of including a Saleen SC.Grundy did not ask about any mods .All that they ask is what full replacement valve do you want to give to this vehicle. They asked for two pictures one front and one side view to comfirm no damage I guess. I insurured mine for 25,000 for a full year for around $375.00
Couple things it can't be your DD. You must provide them with proof of another car to use as DD. Also no stated limited mileage but usage is agreed to be limited to Car shows, Sunday drive and that sort of things. They never asked for any mileage numbers from me.
Go online to Grundy do a quick quote.
I love Grundy. I have my 2006 GT insured through them at an agreed upon value of $30K and I only pay about $400 a year. Granted, I put less than a thousand miles a year on the car, but that's still cheap.
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Old 02-25-2011, 06:45 PM
  #13  
Astonius
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Originally Posted by Diabolical!
With depreciation, I'd imagine that the $20K figure is actually high.
I thought so, too, but because of the extremely low mileage on the car I think the depreciation is diminished a bit.

Apparently the previous owner was scared of the thing, so in the 5 years he owned it he only put 2,000 miles on it.
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