Grundy Insurance: 5 Generations of Car Guys
Considering the automobile is only a little over a century old it?s hard to believe one family could have five generations directly involved in antique cars as both their hobby and livelihood but that?s the case with Jim Grundy?s, President of Grundy Collector Car Insurance, family. In the companies early advertising they used expressions like ?The Olde Original? and ?It All Started Here ? to identify the company with its families roots in the car hobby.
It all started in 1906 when Colonel Samuel Baily, a Philadelphia entrepreneur and Jims Great Grandfather, invested in the Pullman Carriage Works located in York, Pa.. Colonel Baily didn?t initially have much faith in the newfangled automobiles, in fact he refused to own or even ride in one, but he did see the potential for making profits. He promptly converted the company to automobile manufacturing and within three years had sold over 3,000 Pullman cars resulting in some tidy profits and the attraction of investors who pursued Baily and eventually bought the company from him.
But the automobile passion didn?t die. The Colonels son, Samuel E. Baily had followed the engineering and manufacturing of the Pullman Cars and developed a keen interest in engines. Sam?s first pursuit was in building racing motorcycle engines which he did in a shop he built on the family?s farm in North Wales, Pa. Like many engine builders Sam wanted to prove his engines on the track. His motorcycle racing ended in its fi...
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