quote:

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Originally posted by TAHOE GT:
Good news, all.

My insurance company, Mercury Ins., has said that they WILL PAY the claim on my car. I don't know yet if it will get fixed, but at least I won't be making payments on a GT500 paperweight.

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quote:

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Originally posted by SlowStockFox:
thas fucking sick man, congrats. so are you gona get another one? are you gona buy it back and be the first to part one out. or keep it for 60 years and then see whats up

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We'll see. I've no clue at the moment.
 

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Posted by WILDTHANG (Member # 4441) on :
 
The nice thing is that it KBBs for 21k over MSRP and you can get new 08s for closer to MSRP now!

[ October 30, 2007, 01:37 AM: Message edited by: WILDTHANG ]
 

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Posted by uh0h50 (Member # 3125) on :
 
i have mercury insurance as well. they've never done me wrong at all. got a damn good amount when my old GT was totaled. that's good news to hear about your situation.
 

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Posted by bottled95GT?? (Member # 1772) on :
 
dips on motor if u buy back and part out
 

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Posted by FoRdGiRl (Member # 6279) on :
 

quote:

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Originally posted by TAHOE GT:
Oh, yeah. They know full well that I was on-track. I'm not going to argue with them.

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really just curious what they had to say about that and how they are still paying. I work in insurance and most companies will not cover that so for more education for me do you mind sharing more details on the situation? thanks
 

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Posted by bottled95GT?? (Member # 1772) on :
 
short version....
drag racing is a quote "timed" event where youre racing to beat a clock.
Road racing is not a timed event (even though laps are timed) and being that u arent actually racing against a clock its deemed to be Not a competition....ur actually just driving around like you would on the streets (only this is a private course). And its not an illegal action, ie: wrecking during a street race, i doubt is covered, this was a sanctioned(sp?) event, nothing illegal done. Insurance would be obligated to cover. No illegal acts, and not racing against a clock.
 

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Posted by BlackNGold (Member # 655) on :
 

quote:

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Originally posted by TAHOE GT:
Good news, all.

My insurance company, Mercury Ins., has said that they WILL PAY the claim on my car. I don't know yet if it will get fixed, but at least I won't be making payments on a GT500 paperweight.

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AWESOME!....I know I would sleep better knowing that...

Good luck
 

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Posted by Blind (Member # 3052) on :
 

quote:

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Originally posted by bottled95GT??:
short version....
drag racing is a quote "timed" event where youre racing to beat a clock.
Road racing is not a timed event (even though laps are timed) and being that u arent actually racing against a clock its deemed to be Not a competition....ur actually just driving around like you would on the streets (only this is a private course). And its not an illegal action, ie: wrecking during a street race, i doubt is covered, this was a sanctioned(sp?) event, nothing illegal done. Insurance would be obligated to cover. No illegal acts, and not racing against a clock.

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quote:

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Originally posted by Blind:

quote:

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Originally posted by bottled95GT??:
short version....
drag racing is a quote "timed" event where youre racing to beat a clock.
Road racing is not a timed event (even though laps are timed) and being that u arent actually racing against a clock its deemed to be Not a competition....ur actually just driving around like you would on the streets (only this is a private course). And its not an illegal action, ie: wrecking during a street race, i doubt is covered, this was a sanctioned(sp?) event, nothing illegal done. Insurance would be obligated to cover. No illegal acts, and not racing against a clock.

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laps are not timed unless you have a transponder in the car, it's called a high performance driving event, it's not timed so it is covered by insurance.

drag racing isn't, because it's timed.

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i was close enough
 

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Posted by Luke87GT (Member # 21) on :
 
WOOT!
 

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