Just got an American Collectors quote for $100!

 

www.aoncollectorcar.com

This is who I use.
About $150 per year, no mileage restrictions. . .


Edit. . . Ooops.
I just went to their site and they are no longer accepting new business.
Hmm. . .I'll have to read further.

 

I've used AON as well for the past 4 years on my '82. Found out a little over a month ago that they are no longer accepting new business. I'm interested what will happen to my policy when it comes up for renewal.

I went with them becasue they do not have a limit on me driving it to work - I drive it once, twice a week. AON is advertising for another company on their website; clicked on it - they are much more restrictive on driving.

I'm disappointed and wanted some answeres so I called AON, the number goes direct to "all of our agents are busy" and then goes to voice mail about 3 minutes later. I left a message yesterday morning...still waiting for that return call. Glad I don't have a claim!!!!!

 

I just talked with a rep at AON. I have their coverage, too and when your policy expires, they will no longer be renewing any of their collector car policies

No reason given, just that they weren't going to be in that business anymore. Looks like us AON guys are going to be shopping for insurance again, too.

Q

 

Wow, the online quote only put down 20k/40k for comprehensive.
That's way low - less than the state allows, I think.
Price was right, $160 though.



What did you guys get ?

 

Dang, that's what I was afraid of...seemed like good coverage although I've never filed a claim so I guess the easy part was me sending them a check once a year . My policy expires in a couple of months...let the hunt begin!

 

Well, Crap.

 

I just went through this a few weeks ago and signed on with Haggerty. On Haggerty's quote site, after entering the default values and getting your quote, there's a message at the top that reads "Click Here for more options in your state" and the "click here" part is a link to customize your quote. There's also a chat option on Haggerty that you can open and chat live with customer service while you complete your quote. I got $300k liablity and $12k agreed value for like $228/year... just got my policy back in the mail last week.

 

I have $300K/$300K/$45K agreed value for $297 w/American Collectors

http://www.americancollectorsins.com/index.php

 

Don't get me wrong - $228/year with Haggarty is not bad but compared to AON it's double. I have been paying $113 a year for agreed upon value of $15K for my '82. No driving restrictions other than the car must be garaged, must have another car (the '82 can't be my primary) and any other driver must have 5 years driving experience. That price included towing, and uninsured/under insured, etc, etc. In short, AON was hard to beat but again, I never filed a claim; things seem to change when that happens...

 

When I had both cars the '73 and '79 Corvettes I used Hagerty. Now with just one I still use Hagerty, but upped the "agreed value price". I have used them about two years and have been very happy with them. The rates are low and so are their risks. I drive my '73 only about 1500 miles per year and very rarely after dark.

 

Haggerty is the logical choice.
I was told by them that there are no mileage limitations and that I can drive the car to work occasionally as long as it is not used for daily commuting and I can prove I have another car that is used for that purpose.
Was told I could drive from Massachusetts to Kentucky without any problems related to mileage restrictions.
This thread comes up every few months and the predominant choice seems to be Haggerty which is why I chose them for my 2 collector cars.

 

Hagarty told me driving to work ONCE a month was the limit and no running errands - like to the grocery store or hardware store. If I did, I needed to make sure it was within eyesight. So, Hagarty is a no go. Rediculous. What will they let me do, drive it only when no traffic is around?

 

I changed mine to J. C. Taylor through my Farmers agent.
It's $130 a year, $300,000 liability with an agreeded value of $15K.
I like the "An occasional nice day drive to keep the vehicle in running order is perfectly acceptable."
Take a look.
www.jctaylor.com

From their site:
Am I Eligible?

A few basic requirements must be met.

To qualify for the Antique/Classic Auto Insurance Program, vehicles must be at least 19* years old, and:

Factory original; i.e. there should be few, if any, changes from the factory original specifications.

In good or restored condition.

Be kept in a fully enclosed, locked garage.

Be used primarily as hobby vehicles: used in exhibitions, club activities, parades, or other functions of public interest. An occasional nice day drive to keep the vehicle in running order is perfectly acceptable.

We do NOT impose a mileage limit on our Antique/Classic Auto Insurance Policy. However, we do use a very reasonable underwriting limit.

Club affiliation is not required.

Applicants and operators listed/insured on the policy must:

Be at least 25 years of age.

Have a good driving record with no more than one moving violation and one
at fault accident.

Provide with their application:

At least one clear, color photo of the vehicle (preferably taken from
the front corner view.)

Appraisal or bill of sale for vehicles valued at $30,000 or greater,
or if the perceived vehicle value exceeds current valuation resources.

--------------------------------------------------------------------------------

"So what types of vehicles does J.C. Taylor insure?"

Some examples include:
Sports Cars, Muscle Cars, Convertibles, Coupes, Retractables, Station Wagons,
Vintage Motorcycles, Woodies, Corvettes, Sedans, Steam Automobiles, Horseless
Carriages, Light Trucks, Farm Tractors, Antique Delivery Trucks, Military Vehicles.

*NOTE: In TX, vehicles must be only 15 years old. In MA, however, vehicles must be at least 25 years old.

 

I may be wrong, so dont quote me. This is more of an inquirey.
I was told Hagerty does not cover "uninsured motorists".
This I would like confirmed, as in Wisconsin having insurance is not a law.
I could be at a big risk...while I'm not driving to work or the store or church. Even doing laps around the block I could loose everything & more.

 

I have uninsured motorists on my Hagerty policy. 250/500 zero deductable

 

I was curious that so many have Haggerty and no one mentioned Grundy, who was cheaper in the rates with higher limits.

 

What is stopping me is the occasional drive to work, weekend driving, running local errands, etc. Still under 2,500 mile limitation. I want to take the car to work once a month (its a beautiful day here in Houston today - drove the Vette), run to Home Depot/Krogers/liquor store , etc. No bueno under these policies.

 

A couple of months ago I would have said Hagerty. But I've just switched my entire collection over to Grundy. Why??

I was covering all three of my cars with Hagerty for less than 1K per year. '82 Corvette CE w/ 454 miles, '85 IROC-Z with 3,800 miles, and an '89 Turbo Trans Am with 1,200 miles. The total agreed value was $90K. These cars were driven a combined 12 miles in 2006.

And then I got the renewal premium, and the new rate was nearly $1,600 a year. Turns out they now classify the '89 Turbo Trans Am as an exotic, which raised the premium to nearly that I was paying on an '01 Viper GTS.

I gave Hagerty a chance to reconsider, and they said it wasn't negotiable. So I started trading messages with Grundy, and ended up with equal Agreed Value amounts, higher coverage levels, and a lower premium than I originally paid Hagerty.

I was always pleased with the level of service I got from Hagerty, but I couldn't see paying 60% more just because one car was reclassified into a ridiculous category. And if I switch one, I prefer to switch them all.

Mike M

 

I have Hagerty, and as long as they keep the "status quo", I'll probably stay with them. Interestingly, I researched several "collector car" insurers and found AON to have a very unique approach:
The "premium" you send in, has the parent company's cut taken off the top; then the rest is invested IN ANY MANNER OF THEIR CHOICE. If you have a claim, they will pay up to what is due PROVIDED THERE ARE FUNDS AVAILABLE. In other words, if they invest poorly, you may not receive full payment [or any payment]. I think the odds are slim that you would lose out, as long as they don't invest in ENRON!!! The trade-off for you taking a "chance" with them is lower rates. Anybody a gambler?