Tallahassee Journal

Commercial Vehicle Insurance Policy Pays Out On James Bond’s Stolen Aston Martin DB5

Commercial Vehicle Insurance Policy Pays Out On James Bond’s Stolen Aston Martin DB5

BizInsuranceHere.com helps small businesses with all aspects of insurance coverage including commercial vehicle insurance. Free insurance quotes always available.
James Bond’s iconic Aston Martin DB5 from “Goldfinger” was stolen in 1997 and has not been seen since. Commercial vehicle insurance carrier pays out on policy.

“In 1997, James Bond’s iconic Aston Martin DB5 was stolen and has never been seen since. Later that year the owner received compensation on his commercial vehicle insurance policy,” states Keith Hunt VP of Marketing for BizInsuranceHere.com.

BizInsuranceHere.com assists companies with small business insurance including commercial vehicle insurance. Other coverage includes workers compensation, product liability insurance, small business liability and commercial property insurance. Insurance for home-based businesses and start-ups is also available. Free insurance quotes for comparison are offered.

“In the mid-1990s the owner executed a new policy with Chubb Insurance for 80 percent of the appraised value of the car, which at that time was $4.2 million.”

Fifty years ago Sean Connery appeared as James Bond in Goldfinger, the third movie of the extremely popular 007 franchise.

One of the co-stars in the movie was a Aston Martin DB5, of course fully loaded with top legendary gadgets installed at Q Branch.

There were four vehicles originally produced for Goldfinger. One was used for movie stunts, two for P.R purposes and the infamous one that James Bond uses on screen.

Although it had less than 15 minutes of screen time the Aston Martin became one of the most famous vehicles in the world. Ownership of this car, or at least a stripped down version, was every man’s dream.

The Aston Martin DB5 used by Bond in the movie ended up in the hands of Richard Losee. The car was purchased by developer Anthony Pugliese III for $275,000 at a Sothebys auction in 1986.

Pugliese didn’t run down to the grocery store to impress shoppers in this beauty instead it was placed on exhibit in dozens of museums, auto shows, and other venues. In between exhibitions the Aston Martin was stored in a hangar at Boca Raton Airport.

In 1997 somebody took their dream of ownership a little too far and stole the famous Aston Martin DB5. Thieves cut gate hinges and alarm wires, then using axle chains, dragged the car out of the hanger at Boca Raton Airport. Skid marks ended where a small cargo plane could have been parked.

Since that night the Aston Martin DB5 has never been seen and the Boca Raton Police Department now consider the case inactive.

Although detectives suspected Pugliese of masterminding the heist, they couldn’t prove it and in late 1997 the insurance company paid out on the policy.

Is the car at the bottom of the Gulf of Mexico rusting, or in a private collection somewhere? Either way the Aston Martin DB5, sadly, will probably never see the light of day again. Despite the dubious circumstances the heist, the car was insured.

Hunt continues, “As it was displayed at many different venues it would have been covered by commercial vehicle insurance policy. If Pugliese did not have this type of coverage he would be out the car and his initial investment.”

“Your company may not own one of the most recognizable cars in the world, but the missing James Bond Aston Martin it is a demonstration as to importance of commercial vehicle insurance,” concludes Hunt.

For a free quote or more information on commercial vehicle insurance please go to http://www.BizInsuranceHere.com

Media Contact
Company Name: About Successful Marketing Inc.
Contact Person: Keith Hunt
Email: Send Email
Phone: 909 636 4012
Address:P.O. Box 399
City: Mt Baldy
State: CA
Country: United States
Website: http://www.BizInsuranceHere.com

Source: www.abnewswire.com

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