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Insurance Choices: It Pays to Research


#1

A number of years ago, I wrote about the demise of a 1986 Ferrari 328 GTS. The owner had spun it into a wall at high speed, totaling it in the process. This, in and of itself, wasn’t so unusual: Many Ferraris have met their deaths in high-speed rendezvous with immovable objects over the years. Instead, what was unique was that the owner wasn’t insured for collision damage – and was resultantly out the $40,000 he had paid for the car only six weeks earlier.


This is a companion discussion topic for the original entry at https://www.hagerty.com/articles-videos/articles/2006/04/03/insurance-choices-it-pays-to-research