L Alpert wrote:
> dgk wrote:
>> On Wed, 13 Feb 2008 14:45:24 -0800 (PST),
>>> We just got it towed back to the original repair shop.
>>> We were going to try some troubleshooting & but both my wife & I work
>>> - and we needed to get this taken care of asap.
>>> It will be interesting to see what the cause of the problem is.
>>> I'm just hoping its related to the break in- otherwise insurance
>>> won't cover it!
>> You have insurance on an 89? I got a bit nervous about not having it
>> on my 91 Accord after reading that it's still one of the most stolen
>> cars. Apparently there are enough still running that the part need is
> For a break in, homeowners insurance should cover it if it is on the
Actually, I think most home-owners insurance specifically exclude motor
vehicles from any coverage.
When deciding whether or not to have theft or other optional coverage on
the car, look at how much the extra insurance costs. A 1991 Honda
Accord SE with 150,000 mi on it has a retail value of about $3500.
That's about the value you'll get before the deductible. So, if the
deductible is $500, you'll get about $3000. So the question you have to
ask yourself, are you better off paying the extra $300 or whatever the
extra coverage costs every year or putting the money in the bank?
Remember, they are expecting to make money off the extra coverage,
including the cost of handling the claims. Plus, if the car is destroyed
in a crash or stolen, you can deduct some of the loss on your income taxes.
The bottom line is that you're probably better off taking the risk and
not having theft and collusion on this car. Remember, if there is a
crash, and the other party is at fault, the other party if responsible.
I would have dropped coverage a while ago.
Jeff >> Stay informed about: 1989 Honda Accord with weird humming noise & electrical pr..