A business person borrowed his partner’s $465,000 Mercedes SLR McLaren and struck a mailbox. It was estimated repairs would cost more than $250,000 and take up to six months to complete. In addition, the policyholder would need to continue making his substantial monthly payments throughout the repair period. The costs and timeframe were simply unreasonable; a better solution was required.
The owner’s insurer – specialists in fine automobiles — located and purchased an exact replica of the vehicle to replace the damaged one. When our policyholder arrived at the dealership, all documents were prepared and ready for his signature – he drove his new car off the lot that day.
Do you have an elegant but powerful insurance plan around your lifestyle, so that you can focus on the road ahead? You can…and this is likely the time to review the options.