Corvette Museum

[taximan]

Originally Posted by LGAFF

Wonder if the museum itself has sinkhole coverage for the building....earth movement is excluded under most base policies. I am not referring to the cars but the building structure.

Lee,

I know Marsh writes the cover for the museum. I am sure they had all bases covered with a property DIC, incl. quake, flood, and earth subsizement.

My big ? is what agreement GM had with the museum on those cars ? Since GM is self insured for the first $1.0mm, I am guessing the NCM assumes all responsibility from the General.

And since autos are generally excluded from coverage of property of others, that should be interesting.

Wouldnt look real good for GM to sue the NCM.

I left a message for Adam Boca, but I dont think he's involved with NCMs own insurance.