Insurance

[74/6]

I would like some ideas of how most guys insure thier car(s). Add it to their regular family policy or go with some one like Hagerty. And what problems,if any, have you had with claims. Thanks

 

[clhyer]

How are you using the car? What condition is it in?
If it is a daily driver, I think you add it to your existing policy.

My son & I completed a numbers matching Firebird last summer that I have owned since 1971. We have a classic car policy on it with Metlife. An agreed upon value of $25,000. It was a cheap policy, don't remember right now exactly how much it was. Zero deductible. My son had a minor scrape at a car show and it was no problem. The down side is we are limited to about 3,000 miles per year. Must be kept in a locked garage, no driving it to work, etc.
C

 

[mullinax95]

I would like some ideas of how most guys insure thier car(s). Add it to their regular family policy or go with some one like Hagerty. And what problems,if any, have you had with claims. Thanks

I use Hagerty on my Mopar. I use the same insurance company (building, people, in town) that I have insurance with on my truck. (Travlers)

Make sure you understand the difference between "Agreed Value" and "Stated Value".

http://www.lelandwest.com/Stated_Amount_Explained.cfm

 

[briankaplan]

I have Grundy on the Duster. I have agreed value coverage
also. Couple hundred bucks a year. Even covered in the winter
when stored.

 

['73red-duster]

[QUOTE

Make sure you understand the difference between "Agreed Value" and "Stated Value".

http://www.lelandwest.com/Stated_Amount_Explained.cfm[/QUOTE]

Thanks for that bit of info. Currently my Sport is just on my regular policy. I feel very lucky to have the ins. co. I have now. (The Hartford),and especially the adjuster. Car got beat up pretty bad,in the hail storm we had in Jan. Golf ball to base ball size. She agreed that a new resurface was required,and I had a check in the mail,within 2 weeks. Once it is done,I am going to have it appraised,and thanks to the above mentioned info., I'm going to have it insured accordingly. My main concern is not with my co.,but someone elses.

 

[KP]

I use Hagerty on my Mopar. Less money per year with double the coverage and cash value...

 

[demon seed]

Up here in Alberta there are a couple outfits that offer a Vintage Insurance for old cars, cheap at 300/yr, glass collision the works. Can't drive it more that 2500/yr, can't drive it to work only weekends and car shows, no racing of course, no one under the age of 25 drives it (my boys pissed about that one), and they recommend an appraisal by a reputable agent every 3 or 5 yrs, I can't remember. Mine is insured for the appraised value.

Terry

 

[Woodys_Cuda]

Up here in Alberta there are a couple outfits that offer a Vintage Insurance for old cars, cheap at 300/yr, glass collision the works. Can't drive it more that 2500/yr, can't drive it to work only weekends and car shows, no racing of course, no one under the age of 25 drives it (my boys pissed about that one), and they recommend an appraisal by a reputable agent every 3 or 5 yrs, I can't remember. Mine is insured for the appraised value.

Terry

Mine is similar to yours Terry. It's through State Farm. Aprox. 256$ for the year.

 

[Small Block]

Haggerty's
72 Triple Black Duster modified 318 $15000 value
73 Sherwood Green Duster modified 440 $22000 value
63 Princess Grace T bird #808 of 2000 $18000 value
0 ded on comp. Kept in climate controlled garages and driven maybe 1000 miles ayear,
3 cars $468 annually.

 

[340srule]

I've got Grundy,just glad i have'nt needed to file a claim.. duster is insured for 30k....Hagerty would'nt insure me because i had a speeding ticket 5 years ago:bootysha::bootysha:

 

[mullinax95]

Haggerty's
72 Triple Black Duster modified 318 $15000 value
73 Sherwood Green Duster modified 440 $22000 value
63 Princess Grace T bird #808 of 2000 $18000 value
0 ded on comp. Kept in climate controlled garages and driven maybe 1000 miles ayear,
3 cars $468 annually.

May I ask what is "0 ded on comp" is?

 

[6pk2goDemon]

May I ask what is "0 ded on comp" is?

zero deductible on comprehensive

 

[ted_sweet]

Sate Farm doesnt sell agreed value insurance

Mine is similar to yours Terry. It's through State Farm. Aprox. 256$ for the year.