insurance

[chachee52]

Ok, so this is the year that I really get my car into where it should be. I have been a little crazy since I bought the car and have it insured as a second car through my normal insurance. Now that I drive it more and I am really into the car more and more I think that I need to stop procrastinating and get collector car insurance for it.
I've heard the three more popular are Hagarty, Grundy, and American Collector.
These are the pros/cons that I have found so far:
American: cons: they make you choose how many miles you can put on the car 3K,5K,or 7500.

Hagarty: cons: they look at every licensed driver's record in you household and you need at least one car for each member. Just seems odd to me that if Jen gets a DUI (or something) that they can drop my coverage on the Mustang.
Pro: no milage, can use any time just as long its not a DD

Grundy: Pretty much the same as Haragty, but it doesn't look like it looks at household member's info.

I do have the garage and all that stuff that they all need. And they are all about the same price per year.
Right now, I am leaning more toward Grundy. Anyone have any info?

[390gtconv]

I've had Hagerty since I finished my car ~ 10 yrs now. Happy with it. Must prove car is kept in locked building (garage). I had an appraisal done (by Larry Wheeler yrs ago) for my on sake. As long as you're not asking for crazy $$$, in reason to appraisal, they let pick the value you wanna pay on.

Now the questions you should be asking the companies you're looking at is their policy: Stated Value or Agreed Value.
If I've got the two correct, Agreed value I think is Hagerty, lets say your car is insured for $40K. It gets totaled or stolen, Hagerty will write you a check for $40K no questions asked!! Not so sure what others will do. If you need repair work done to car, they let you pick the shop. For an upgraded policy, if you break down somewhere they'll send a flat bed truck, not a tow truck if you choose.
This topic covered good on the classic car forum.

[Jays66gt]

I have had Haggerty for a few years and I have no complaints. But I have never needed them for anything. I have AAA for any roadside issues.

[chachee52]

They all are agreed value, and I have AAA so I won't need the extra roadside. Pretty much they all have the same coverage for the same price.
Its more I guess I don't like being told when I can use the car and for how long (American) and I don't like that Hagerty looks at all household members driving records. I know that these issues will probably never affect me, but this is why I don't like condos.

[SVT10th]

I was leaning towards Grundy when I was looking. Agreed value and no silly mileage limitations. They also let you drive your car for more than just shows and parades.

That locked permanent garage thing pisses me off though. A lot of people keep nice cars in shelters -- they could just charge a higher rate if that's the case.
Side note: Any of you nice people know how to stick-build a small garage? How much would it cost, ya think?

[TorchredSVT]

I have had American Collectors on my cobra for about 4 years now...no issues, no complaints what so ever.

How many miles do you really put on the car in a year? Granted I don't drive my car nearly as much as you do, but after 4 years I have never been asked to verify mileage.

Also, I was told by my agent in the summer time there are car shows and cruise nights everywhere on any night of the week....so IF anything ever happened I could say I was on the way to a car show/cruise night.

I pay $525 a year and included with my policy I have free flatbed towing and gas reimbursement / show reimbursement up to $150 bucks should I get a flat or have a mechanical issue and miss a show.

[Jibber]

I just got Hagertys this year. They like your DD's to be less than 5 years old as well. I simply called them and advised that my 2 - 2007 vehicles were in good shape and running strong. Their biggest concern on this is if my DD breaks down they were assuming that i would then start driving the Mustang everyday. I said that that would not happen.
The whole household thing is a farce. Remember, I have a 20 year old licensed driver living at my house. I don't think it affected me in the least.

[390gtconv]

I pay $525 a year and included with my policy I have free flatbed towing and gas reimbursement / show reimbursement up to $150 bucks should I get a flat or have a mechanical issue and miss a show.

That price seems a little high but not sure what the driving factors are.

I pay a ~ $400./yr, car is valued well over $60k, (number I pay to) but street value more like $80K. This is with Hagerty.

[chachee52]

Ian, I do agree with George. That number is double what they quoted me and I put in $25K (I aimed high). I can't see your car being that much more than that, but then again I really don't know the price of your car.
Anyway, when I first got my car I put 7K on it. it's more of the theory that I don't like people telling me that I can't drive it more. And as for the cruise nights, all of them say you can use it for personal drives not just to shows. I would NEVER agree to just to shows.
Kevin: You saying that they ask about how old the cars are I am definitely not interested in Hagarty if that's the case. Not that I kept my cars long, but I have been thinking about keeping my cars longer and don't need the hassle of them asking me about what else I drive.
I just want an insurance for my mustang, they shouldn't need to know about my other cars if I am within the limits of everything else they want.

[390gtconv]

Just a thought, all these discussions with whichever on do's & don'ts or how old cars are. But once you sign up with whomever, at least for me with Hagerty, they have never asked again.
Todd, have you talked to either Grundy or Hagerty on the phone to asked specific questions ie mileage, when can or not be driven rather than listen to us tell what might be old info? That's your best bet so you don't assume one does it this way, other does it that way.

[Jibber]

At the end of the day......It's all what you feel comfortable with. Just getting good coverage should be your primary goal. Let us know what you end up with.

[fredfordguy]

I switched from AAA to Grundy last year. Grundy's price was better than Hags's and after starting the policy, I upgraded the appraisal with the new paint and stuff, they quickly upgraded the agreed value of the car. Have not needed their services other than taking my money, but am happy with them. My 2 cents.....

[chachee52]

Their policies are all on this thing call the "InterWeb" And their policies are all about the same (got the quotes for all of them). It's just the little details which I listed. Hagerty and Grundy are unlimited milage, American is not.

[TorchredSVT]

Ian, I do agree with George. That number is double what they quoted me and I put in $25K (I aimed high). I can't see your car being that much more than that, but then again I really don't know the price of your car.
Anyway, when I first got my car I put 7K on it. it's more of the theory that I don't like people telling me that I can't drive it more. And as for the cruise nights, all of them say you can use it for personal drives not just to shows. I would NEVER agree to just to shows.


Well my car is only 11 years old, so that probably factors into the price as well. Thankfully, American lets me drive the car everywhere EXCEPT to commute to work or to run errands, two things I never do anyways.

As kevin said, no matter who you end up with....you want to make sure you feel comfortable and taken care of. Also make sure whoever you go with provides proper road side assistance

[chachee52]

So I decided to go with Hagarty. But I just got off the phone with them and they declined me. Because I have had "2 speeding tickets" (Jen got one in MD in Nov in bumper to bumper traffic caught by camera and then mailed to us, the other one the guy said I got a ticket that same day but I haven't had a speeding ticket in 15 years!) and because I was hit stopped in bumper to bumper traffic from behind and Jen got hit by someone pulling out of a street and hit her in the side. So because of that I can't be insured.
So I guess its back to looking into what else is out there. That is UTTERLY REDIULOUS!!!

[TorchredSVT]

I have heard they are sticklers about that stuff, I was just talking to someone over the weekend who was denied by Hagerty because of the age of their daily drivers.

American FTW

[ToplessPony94]

There was a company I hadn't heard of pushing their insurance at Carlisle this year. I picked up a brochure that I haven't had time to look at yet. I'll find it tonight and at least post the name. This is not an endorsement - I know nothing about them.

[Dennis O'Shea]

Geez and we were talking Last Friday together. I hope no one saw us. You being that kind of criminal.May effect my Insurance rates.
So I decided to go with Hagarty. But I just got off the phone with them and they declined me. Because I have had "2 speeding tickets" (Jen got one in MD in Nov in bumper to bumper traffic caught by camera and then mailed to us, the other one the guy said I got a ticket that same day but I haven't had a speeding ticket in 15 years!) and because I was hit stopped in bumper to bumper traffic from behind and Jen got hit by someone pulling out of a street and hit her in the side. So because of that I can't be insured.
So I guess its back to looking into what else is out there. That is UTTERLY REDIULOUS!!!

[chachee52]

I have heard they are sticklers about that stuff, I was just talking to someone over the weekend who was denied by Hagerty because of the age of their daily drivers.

American FTW

I won't go American. Too many stipulations for me. I through that one out a while ago. But The guy on the phone was just not helpful in explaining why at all. I guess that's what has me angry.

[390gtconv]

Boy I guess I feel like I'm in an elite club using Hagerty. Been stopped many times, but always gotten out of it. Didn't even need a short dress to do it. lol

[ToplessPony94]

Here is the advertising they were handing out at Carlisle. This is all I know about these guys except that they had a nice looking booth out in the midway area.

http://i294.photobucket.com/albums/mm81/ToplessPony94/Misc/Heacock1_zpsbb977ef4.jpg (http://s294.photobucket.com/user/ToplessPony94/media/Misc/Heacock1_zpsbb977ef4.jpg.html)

http://i294.photobucket.com/albums/mm81/ToplessPony94/Misc/Heacock2_zps55852135.jpg (http://s294.photobucket.com/user/ToplessPony94/media/Misc/Heacock2_zps55852135.jpg.html)

[chachee52]

Thanks Bruce, I'll look them up this weekend.

[Jibber]

Thats unfortunate Todd.

Did you fight that ticket that you got but really didn't get?

[TorchredSVT]

I won't go American. Too many stipulations for me. I through that one out a while ago. But The guy on the phone was just not helpful in explaining why at all. I guess that's what has me angry.

Only three stipulations with American

1. car has to be garaged
2. car shouldn't be used as a daily
3. Limited to 3500 / 5000 / 7000 miles per year

Oh yeah, full towing included and compensation for any shows missed

Good luck finding someone who has less stipulations than that!!

[SVT10th]

And yet another Classic insurance that requires a "Locked Permanent Garage".
Man, I wish one of these insurance companies would create a policy for all the people like me and Barry who have very nice cars, but keep them in shelters, not garages.

[Dennis O'Shea]

AH yes but what is a Garage if not a shelter?
And yet another Classic insurance that requires a "Locked Permanent Garage".
Man, I wish one of these insurance companies would create a policy for all the people like me and Barry who have very nice cars, but keep them in shelters, not garages.

[MY-S281]

And yet another Classic insurance that requires a "Locked Permanent Garage".
Man, I wish one of these insurance companies would create a policy for all the people like me and Barry who have very nice cars, but keep them in shelters, not garages. No kidding, its long overdo !!

The odd fact about it , for me anyways , is that my Saleen will be be sleeping in a " Locked Permanent Garage " starting Monday night !!! Times are a changing and so is my address !

[Jibber]

No kidding, its long overdo !!

The odd fact about it , for me anyways , is that my Saleen will be be sleeping in a " Locked Permanent Garage " starting Monday night !!! Times are a changing and so is my address !

Do I sense a house/Garage warming party at B's new place?

[TorchredSVT]

when I had my fox, it was stored at someone elses house for the winter. I just sent them pictures of the car in the garage and they were fine with it, never had an issue.

[MY-S281]

Do I sense a house/Garage warming party at B's new place?

I may have to do something of the sort once I am all settled in, the Saleen is resting quite comfortably in its new digs ! :-)'

[Dennis O'Shea]

Congrats Barry
I may have to do something of the sort once I am all settled in, the Saleen is resting quite comfortably in its new digs ! :-)'