Insurance Suggestion Needed
Thread Starter
4th Gear
Joined: Sep 2006
Posts: 4
Likes: 0
Insurance Suggestion Needed
Can anyone recommend a company that will insure a '77 for full covereage and unlimited miles or at least 10,000 miles per year. Would you know off hand how much the coverage is? Thanks!
Melting Slicks
Joined: Jan 2005
Posts: 3,038
Likes: 5
From: Raleigh NC
big apple,
hagerty is who I am insured with. they have a mileage stipulation, but flat out told me that cannot enforce it. any car before 1981 cannot be tracked by mileage according to them. in fact, they didnt even ask my odometer reading. you have to have a garage to keep it in, and a daily driver(with proof of)
I pay $238 a year for agreed 35k value.
hagerty is who I am insured with. they have a mileage stipulation, but flat out told me that cannot enforce it. any car before 1981 cannot be tracked by mileage according to them. in fact, they didnt even ask my odometer reading. you have to have a garage to keep it in, and a daily driver(with proof of)
I pay $238 a year for agreed 35k value.
Le Mans Master
Joined: Nov 2001
Posts: 8,829
Likes: 1,959
From: LONG ISLAND
2025 C3 ('68-'73) of the Year Finalist - Unmodified
2024 C3 of the Year Finalist - Unmodified
2023 C3 of the Year Finalist - Unmodified
Go Haggerty
GO HAGGERTY
AGREED value very little restrictions & ALL THE UNLIMITED FUN MILES YOU WANT..........check again i'm happy...........your regular ins co will not do agreed amount, i'm coverred $80,000 zero deductible cost about $500 year
ZIXXX PACKER
AGREED value very little restrictions & ALL THE UNLIMITED FUN MILES YOU WANT..........check again i'm happy...........your regular ins co will not do agreed amount, i'm coverred $80,000 zero deductible cost about $500 year
ZIXXX PACKER
Last edited by 427SIXPACK; Oct 2, 2006 at 08:10 PM.
Melting Slicks
Joined: Jan 2005
Posts: 3,038
Likes: 5
From: Raleigh NC
Originally Posted by gh78
screw Hag insurance go with your normal insurance company might be a little more more money but well worth it. Classic insurance has too damn many restrictions
my regular insurance company would run me about a grand a year, and only give me stated value. stated doesnt even come close to meaning you will get what its worth....this is why we used AGREED value.
if my car was totaled under stated value with liberty mutual, I would get 12-15 grand(their words not mine). this far from the worth of my car. like I said, the mileage may be a requirement on paper, but they do not enforce it so you might as well protect it the right way assuming its not your only car and you have a garage.
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Le Mans Master
Joined: Nov 2001
Posts: 8,829
Likes: 1,959
From: LONG ISLAND
2025 C3 ('68-'73) of the Year Finalist - Unmodified
2024 C3 of the Year Finalist - Unmodified
2023 C3 of the Year Finalist - Unmodified
I Understand........
Yeah i gotcha but this isnt a cheap hobby, i would figure that most people can afford $200-$300 upfront that will get ya $25,000 coverage or there abouts.........it costs more in gas to run your car then that......i'm certain if HAGGERTY thought that was a major issue that they would come out with a payment plan..........if $200 all at once is too much up front, i'll be honest, YOUR IN THE WRONG HOBBY !!
ZIXXX PACKER
ZIXXX PACKER
Burning Brakes
Joined: Feb 2006
Posts: 841
Likes: 0
From: High Desert California
Originally Posted by Sacredgrooves
big apple,
hagerty is who I am insured with. they have a mileage stipulation, but flat out told me that cannot enforce it. any car before 1981 cannot be tracked by mileage according to them. in fact, they didnt even ask my odometer reading. you have to have a garage to keep it in, and a daily driver(with proof of)
I pay $238 a year for agreed 35k value.
hagerty is who I am insured with. they have a mileage stipulation, but flat out told me that cannot enforce it. any car before 1981 cannot be tracked by mileage according to them. in fact, they didnt even ask my odometer reading. you have to have a garage to keep it in, and a daily driver(with proof of)
I pay $238 a year for agreed 35k value.
Safety Car
Joined: Feb 2006
Posts: 4,367
Likes: 59
From: FL
Originally Posted by 427SIXPACK
GO HAGGERTY
AGREED value very little restrictions & ALL THE UNLIMITED FUN MILES YOU WANT..........check again i'm happy...........your regular ins co will not do agreed amount, i'm coverred $80,000 zero deductible cost about $500 year
ZIXXX PACKER
AGREED value very little restrictions & ALL THE UNLIMITED FUN MILES YOU WANT..........check again i'm happy...........your regular ins co will not do agreed amount, i'm coverred $80,000 zero deductible cost about $500 year
ZIXXX PACKER
From Haggerty's web site:
http://www.hagerty.com/Auto/vehicle_qualify.aspx
Usage. Hagerty provides coverage for vehicles that are used on an occasional basis -- e.g. club functions, exhibitions, organized meets, tours and limited pleasure driving.
Hagerty does not offer an insurance product for:
Regular-use vehicles driven on a daily basis
And I am sure the policy is even more concise on what they do or do not cover. A lot of people go on how they drive thousands of miles per year and go to the store and so on, but the fact is, they are not trying to put in a claim for their Corvette stolen from the mall while shopping at Macy's or Penney's, stolen from the convenience store while picking up some items, hit in traffic going to work 30 miles away, and so on.
And you will often find that insurance companies will pay out ONE TIME even if the driver was wrong in the use of the car, but then they can't insure with them again. And it screws up coverage for everyone with a legit collector car that goes only to shows and club events.
Thread Starter
4th Gear
Joined: Sep 2006
Posts: 4
Likes: 0
I'm 33 in Westcheater, New York
Here's where the annoyance begins. My girlfriend (former office intern) is on my regular car insurance and apparently you can not have classic car insurance with a insured driver with less then 10 years driving experience even though they will not be driving the car.
I tried my current insurance carrier (Geico) who said they will not be able to place a value more teh $1000 on the car. I called Hagerty and had no luck. Sooooo, if any one in Westchester, New York or in the immediate tri-state knows of a better company I am ALL ears. Thanks to everyone for the helpful suggestions so far.
I tried my current insurance carrier (Geico) who said they will not be able to place a value more teh $1000 on the car. I called Hagerty and had no luck. Sooooo, if any one in Westchester, New York or in the immediate tri-state knows of a better company I am ALL ears. Thanks to everyone for the helpful suggestions so far.
Le Mans Master
Joined: Nov 2001
Posts: 8,829
Likes: 1,959
From: LONG ISLAND
2025 C3 ('68-'73) of the Year Finalist - Unmodified
2024 C3 of the Year Finalist - Unmodified
2023 C3 of the Year Finalist - Unmodified
Not Picking On You But..........
It costs me almost $100 just to fill my car with super & 2 cans of boost.........$400 up front all at once sounds like a deal..............or a camaro owner....not a vette owner.......not a snooty vet guy.......but........anyways.........save your pennies untill there dollars & then spend them like they were pennies...........
ZIXXx PACKER
ZIXXx PACKER
Le Mans Master
Joined: Nov 2001
Posts: 8,829
Likes: 1,959
From: LONG ISLAND
2025 C3 ('68-'73) of the Year Finalist - Unmodified
2024 C3 of the Year Finalist - Unmodified
2023 C3 of the Year Finalist - Unmodified
Unlimited Miles !!!!!!!
Originally Posted by Mark_Milner
You had better read your policy.
From Haggerty's web site:
http://www.hagerty.com/Auto/vehicle_qualify.aspx
Usage. Hagerty provides coverage for vehicles that are used on an occasional basis -- e.g. club functions, exhibitions, organized meets, tours and limited pleasure driving.
Hagerty does not offer an insurance product for:
Regular-use vehicles driven on a daily basis
And I am sure the policy is even more concise on what they do or do not cover. A lot of people go on how they drive thousands of miles per year and go to the store and so on, but the fact is, they are not trying to put in a claim for their Corvette stolen from the mall while shopping at Macy's or Penney's, stolen from the convenience store while picking up some items, hit in traffic going to work 30 miles away, and so on.
And you will often find that insurance companies will pay out ONE TIME even if the driver was wrong in the use of the car, but then they can't insure with them again. And it screws up coverage for everyone with a legit collector car that goes only to shows and club events.
From Haggerty's web site:
http://www.hagerty.com/Auto/vehicle_qualify.aspx
Usage. Hagerty provides coverage for vehicles that are used on an occasional basis -- e.g. club functions, exhibitions, organized meets, tours and limited pleasure driving.
Hagerty does not offer an insurance product for:
Regular-use vehicles driven on a daily basis
And I am sure the policy is even more concise on what they do or do not cover. A lot of people go on how they drive thousands of miles per year and go to the store and so on, but the fact is, they are not trying to put in a claim for their Corvette stolen from the mall while shopping at Macy's or Penney's, stolen from the convenience store while picking up some items, hit in traffic going to work 30 miles away, and so on.
And you will often find that insurance companies will pay out ONE TIME even if the driver was wrong in the use of the car, but then they can't insure with them again. And it screws up coverage for everyone with a legit collector car that goes only to shows and club events.
Where does it say "LIMITED" miles ? call them, i can assure you after 2 claims with 7 cars on my current policy, with them, for over 15 years, there is NO, ZERO, NADA, NUNCA, ZILCH, any
miles restrictions.........
Team Owner
Joined: Oct 2004
Posts: 23,831
Likes: 10
From: Springfield MO
St. Jude Donor '07
Originally Posted by BigAppleTV
Here's where the annoyance begins. My girlfriend (former office intern) is on my regular car insurance and apparently you can not have classic car insurance with a insured driver with less then 10 years driving experience even though they will not be driving the car.
. For cost purposes, I keep my insurance on my family's account, and our agent has the 77 insured through Hagerty (and it's been that way for a long time). My dad and I traded some things off when I was 21 and I took the 77 - no problems.
Melting Slicks
Joined: Apr 1999
Posts: 2,675
Likes: 13
From: Sudbury MA
Haggerty is the best by far based on my personal experience, research prior to buying, and the recommendations of many on this and several other forums. I spoke with lots of owners who had multiple collector cars and they all said, Haggerty, without hesitation. I am in Massachusetts and drive my collector cars out of state when I feel like it and Haggerty told me it is not a problem as long as they are not my only source of transportation, in other words, I have a daily driver. No mileage restriction. I pay less than $400 for Agreed Value on a restored 68 Corvette and restored 79 450SLC. My regular insurance company formerly charged me over $700 for the SLC alone and had less coverage with higher deductible. Haggerty has higher coverage and lower deductible. They also assured me that in case of any damage I could use the dealers of my choice for repairs and/or body work, not some guy working in his backyard part time just so the insurance company can save money.
It was a no brainer.
Kurt
It was a no brainer.
Kurt
