[DML] Re: Grundy Insurance Company

["jtrealtywebspannet" <jtrealty@xxxxxxxxxxxxx>]

By dropping all of that coverage, if the car is stolen and not recovered you will not be able to collect anything. An alternative would be to increase the deductible and still maintain some comprehensive. I can see canceling the collision. As long as you don't hit anything and it is your fault or you catch anyone that hits you, you would be OK. If the car is financed you are supposed to continue full coverage for the lender.
David Teitelbaum

--- In dmcnews@xxxxxxxxxxxxxxx, stevedmc@... wrote:
>
> Speaking of insurance, I decided to drop comprehensive and collision on 16510 to pursue "self insuring" the cheap plastic car.  
> 
> My insurance company is mailing me a check for $817.   
> 
> Should I have a small accident that is my fault, I will pay to repair 16510 myself.  Should 16510 become damaged beyond repair, I will leap for joy and never look back.  
> 
> --
> Steve Rice
> Proudly banned from DMCTalk
> #16510
> 
> 
> On Jan 30, 2013, at 6:48 PM, gmfm1@... wrote:
> 
> > Grundy has been purchased by some big insurance company. I don't remember the name.
> > Thanks,
> > Gary
> > 
> > ----- Original Message -----
> > From: "Fedeli, Joe DLA CIV TROOP SUPPORT" 
> > Date: Monday, January 28, 2013 8:49 am
> > Subject: [DML] DeLorean insurance - Digest Number 6172
> > Cc: dmcnews@xxxxxxxxxxxxxxx
> > 
> >> Gary & Kevin,
> >> 
> >> 
> >> 
> >> Just be VERY WARY of Grundy, especially when you want to 
> >> collect or
> >> renew. I've personally had problems with him in the past 2 separate
> >> times over a 4 year period. I held insurance with him for about 15+
> >> years total. I actually had to get the PA State Attorney 
> >> General from
> >> The Insurance Commission involved and Grundy was fined by the PA State
> >> Insurance commission over $50K for what he did to me on my 
> >> antique auto
> >> insurance violating State Insurance regulations on contracts. James
> >> Grundy, personally, actually lost his insurance license to 
> >> practice in
> >> the state for over 5 years due to me but then had his relative then
> >> operate the business on the relative's license. I still have 
> >> all my
> >> paperwork from those incidents. 
> >> 
> >> Again, maybe now he is on the 'straight and narrow' doing the
> >> proper thing, however in my life experience, leopards (bad business
> >> people) don't change their spots and will screw you again when 
> >> given the
> >> first chance. I've dropped Grundy eventually after my policies were
> >> reinstated and I collected on my claim. Grundy's just not worth the
> >> effort in my experience and I'd rather do business with someone 
> >> honest.Good luck on your decision - hope it works out when it counts!
> >> 
> >> 
> >> 
> >> Joe Fedeli
> >> 
> >> 
> >> 
> >> 
> >> 
> >> [Non-text portions of this message have been removed]
> >> 
> >> 
> > 
> > 
> > [Non-text portions of this message have been removed]
> > 
> > 
> > 
> > ------------------------------------
> > 
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> > 
> >
>




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