Insurance

TBatt

Agree whole heartily! I've always looked at car modding as the cost of entertainment. it is just that I have never gone this far in so I was looking to see if someone knew a secret handshake.........

I look at car modding like I do when buying a new car, you start off with a butt load of money invested and a couple of years later it has lost quite a bit of value. Not much difference than putting a bunch of money into mods.

The story I told my wife, which is mostly true, is that when I purchased my Mazda MX3 many years ago and then later traded it in on a RX-7 Turbo I lost a bunch of money but had a great time with the MX3. It was lightly modded. Later on I purchased a 1977 Fiat Spider and did about $6K of restoration and mods to it. That got me a car that was worth about what I had invested in it but I didn't care because it was my play car at the time. That was 18 years ago and today it is still worth about $6K. It is covered with collector car insurance through GEICO simply because it has no "book" value if something bad happened to it. It is really cheap too at about $120 a year for full coverage. But, I don't drive it except in the spring and fall. I'm spoiled with the comfort of AC......

It seems to me that we should be able to get insurance on a limited use vehicle that has been modified ($$). The insurance companies won't tell you what the limit is now, they ask you how many miles you drive it yearly and then say that it is too much.

Insurance companies SUCK! They also report record profits every year.........

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