ZL1 Value?

[MotownMadman]

Charley,
If a car like that were to ever turn up you are correct the insurance co. would own it as they paid the claim. However, the rights and ownership could be purchased from the insurance co., and the statue of limitations would have expired from a criminal sense.
Motown

[Mr70]

As vague as the insurance companies are on some of these cars values today,I seriously believe this Hypothetical Camaro would raise a Red Flag & they would research the value of a 38 mile 1969 ZL-1 Camaro,and charge accordingly,starting with the current market value.
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Over 20 types of birds Can't fly

[MotownMadman]

There has been numerous cases where a precedence has been set concerning the very situation, one in particular is the famous "Ship Of Gold" found off the North Carolina coast. The individuals who located that ship were slapped with lawsuits by numerous Insurance companies claiming ownership to the entire contents, the Federal Courts ruled that the Insurance companies were entitled to the amount paid on the claim as well as a fair interest rate on the amount paid. In the legal arena that would be referred to as "Fruits Of The Posionous Tree" on the part of the insurance company.
Motown

[camarojoe]

[ QUOTE ]
There has been numerous presidents set concerning the very situation

[/ QUOTE ]

i think you mean precedence.

[MotownMadman]

Thanks Joe..............
Motown

[Belair62]

Ostrich

[markjohnson]

Come on now! First the teaser story about the black/gold 1969 prototype ZL1 and now a totally fictional and fabricated story about some supposed 38 mile ZL1. Whatever! People are not stupid enough to believe this story. This is obviously a pitiful and feable attempt to draw attention to one's self. (Mo)Midtown Madman would be better off writing stories for the supermarket tabloids than trying to sell this fairy tale. And to think that he was missed by some!