hagerty insurance
Pro
Joined: Jun 2007
Posts: 634
Likes: 0
From: Hastings MN
In 2008 I upped the liability pretty high on two classic cars we own while having the same concerns, and also upped the underinsured. It was very inexpensive - I want to say $20 annually, I think - sorry I don't have my policy in front of me at the moment.
Yes, you can "drive" your car. Hagerty's Cliff Notes -
http://www.hagerty.com/Auto/vehicle_features.aspx
Yes, you can "drive" your car. Hagerty's Cliff Notes -
http://www.hagerty.com/Auto/vehicle_features.aspx
"Our policy allows for an occasional leisure drive, not just to parades or car events." Doesn't sound like they want you to drive your car more than occasionally.
Instructor
Joined: Apr 2005
Posts: 200
Likes: 0
From: Finksburg Maryland
Le Mans Master
Joined: Jun 2008
Posts: 5,284
Likes: 235
From: Rockledge FL
the only thing i dont like is the work thing.
i talked to them and was basically told that if i ever take my 72 to work and get in an accident to and from i would have to lie to them and say i was cruising around.
i dont drive it all the time, maybe once a month but still. sometimes to and from work is the only time i get to drive it.
i have also talked to growden insurance. they quoted me 350 a year for my 72 vette and my 68 mustang with no mileage restrictions. how to they compare to haggerty
i talked to them and was basically told that if i ever take my 72 to work and get in an accident to and from i would have to lie to them and say i was cruising around.
i dont drive it all the time, maybe once a month but still. sometimes to and from work is the only time i get to drive it.
i have also talked to growden insurance. they quoted me 350 a year for my 72 vette and my 68 mustang with no mileage restrictions. how to they compare to haggerty
Instructor
Joined: Apr 2005
Posts: 200
Likes: 0
From: Finksburg Maryland
I never heard of Growden but I'm wondering if Grundy wouldn't be better. There prices seem good and as far a mileage, this is what their site says.
8) How many miles can I drive my car each year?
Unlimited - The Grundy Family owns cars dating back to 1909, and recognizes that an attempt to monitor or audit mileage would be nearly impossible. In addition, the Grundy's personally drive thousands of miles a year in organized touring events and simply enjoying and maintaining their cars. You can too!
8) How many miles can I drive my car each year?
Unlimited - The Grundy Family owns cars dating back to 1909, and recognizes that an attempt to monitor or audit mileage would be nearly impossible. In addition, the Grundy's personally drive thousands of miles a year in organized touring events and simply enjoying and maintaining their cars. You can too!
Pro
Joined: Jun 2007
Posts: 634
Likes: 0
From: Hastings MN
I certainly understand the work thing, as much as it sucks. Especially for me, as driving to work is a nice cruise out in the country... exactly where I would drive for 'liesure.' Anyway, I could live with that. What I couldn't live with is not being able to ever take the car anywhere and leave it unattended. The car is by no means a daily driver (or even a backup), but when its nice and I run to Home Depot for some crap I like to take the vette and just park in the back of the lot. Same with taking the wifey out to eat.
Grundy sure sounds a lot better, but...
"4) Is my car covered while parked outside or left unattended?
Underwriters will want to know that you take extraordinary care of your collector car and will require that you have a garage for it when it is not in use. However, leaving a car unattended or in the driveway overnight is not the basis for denying a claim. Insurance Companies and their policies are carefully regulated by 50 separate state Insurance Departments to protect you from unclear, hidden, or fine print exclusions. "
So does that mean leaving a car unattended in a parking lot (or even at a show...?) or just in your driveway. But wow, even I wouldn't leave the car outside overnight.....
Grundy sure sounds a lot better, but...
"4) Is my car covered while parked outside or left unattended?
Underwriters will want to know that you take extraordinary care of your collector car and will require that you have a garage for it when it is not in use. However, leaving a car unattended or in the driveway overnight is not the basis for denying a claim. Insurance Companies and their policies are carefully regulated by 50 separate state Insurance Departments to protect you from unclear, hidden, or fine print exclusions. "
So does that mean leaving a car unattended in a parking lot (or even at a show...?) or just in your driveway. But wow, even I wouldn't leave the car outside overnight.....
Melting Slicks
Joined: Mar 2009
Posts: 2,885
Likes: 1
the only thing i dont like is the work thing.
i talked to them and was basically told that if i ever take my 72 to work and get in an accident to and from i would have to lie to them and say i was cruising around.
i dont drive it all the time, maybe once a month but still. sometimes to and from work is the only time i get to drive it.
i have also talked to growden insurance. they quoted me 350 a year for my 72 vette and my 68 mustang with no mileage restrictions. how to they compare to haggerty
i talked to them and was basically told that if i ever take my 72 to work and get in an accident to and from i would have to lie to them and say i was cruising around.
i dont drive it all the time, maybe once a month but still. sometimes to and from work is the only time i get to drive it.
i have also talked to growden insurance. they quoted me 350 a year for my 72 vette and my 68 mustang with no mileage restrictions. how to they compare to haggerty
We have a 68 Mustang too!
Burning Brakes
Joined: May 2006
Posts: 865
Likes: 53
hagerty
I have the towing , and I used it three times already (starter went , new distributor blew up , batt died). Never a question about where I was or why I was there . I've made a claim too , and it was resolved more than fairly .
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Racer
Joined: Nov 2008
Posts: 364
Likes: 0
From: Anaheim California
Hagerty and probably other insurers seem vague on when you can drive your car and under what conditions. I believe some have milage limitations. Like you cannot drive it to work but just to show it to other employees is probably OK and if something happens lie to us according to one poster. Factually they do not want the car out of a secure storage because that assures them of the most protection for them and they are in it to make money which is not a sin in my mind. It just seems that they want their (our ) cake and eat it too. I suppose the premiums are not high enough for them to check everyone out completely and moniter your compliance with their coverage. The whole experience just does not feel right to me and if I had a claim would I face the ablolute letter of the policy according the them in an attempt not to cover the loss. Ed
Racer
Joined: Apr 2008
Posts: 436
Likes: 2
I know when I first got Hagerty, the agent asked me how many miles a year I thought I'd put on the car. I really wasn't sure, but just threw 5,000 out there...she didn't act surprised at all and thought there was nothing wrong w/ that. Turns out I drive my car even less than that, so unless you're driving your vette a ton, I don't think you have to worry about mileage w/ Hagerty. You'd be surprised how just a run to the store, dinner, etc. and a cruise once every few weeks or so really doesn't add up to that much.
Race Director
Joined: Dec 2003
Posts: 14,150
Likes: 937
From: Fremont Ca
2022 C4 of the Year Finalist - Modified
[QUOTE=wydglydrydr;1569933242][QUOTE=ksbunting;156993320 That was the only claim I ever had in 30 years so don't know why they play games.
Because insurance companies have two steps in their operating process: 1)Take your premium, 2) deny your claim.[/QUOTE]
Thats pretty much it.Ive got Leland-West on one of my cars,a 64 Nova.Car got smacked by a bus almost 3 months ago and Im still waiting to get me deductible.When this mess is finalized Leland-West is history.Ive got a 91 ZR-1 with Haggerty at $40,000 agreed value for $700 a year.Im going to give them a call tomorrow and find out why Im paying $700 when people seem to be paying half of that.
Because insurance companies have two steps in their operating process: 1)Take your premium, 2) deny your claim.[/QUOTE]
Thats pretty much it.Ive got Leland-West on one of my cars,a 64 Nova.Car got smacked by a bus almost 3 months ago and Im still waiting to get me deductible.When this mess is finalized Leland-West is history.Ive got a 91 ZR-1 with Haggerty at $40,000 agreed value for $700 a year.Im going to give them a call tomorrow and find out why Im paying $700 when people seem to be paying half of that.
Melting Slicks
Joined: Mar 2009
Posts: 2,885
Likes: 1
"Classic vehicle" means a motor vehicle of unique or rare design and of limited production that is an object of curiosity and:
1. Is maintained primarily for use in car club activities, exhibitions, parades, other functions of public interest or for a private collection; and
2. Is used only infrequently for other purposes.
Safety Car
Joined: Sep 2007
Posts: 4,458
Likes: 331
From: Indy Indiana
Hagerty, Grundy, all the other classic car insurance houses.. this forum will almost always have an open thread regardng this subject... It really seems like this type of insuance is the way to go unless you are really young or you use your vette as a daily driver...
I have never read a negative post regarding this type of insurance.. does anybody have a horror story to tell regarding this type of classic car insurance?
also regarding umbrella coverage.... my main insurance with my DD and house is thru allstate where I have a umbrella rider.... I asked Hagerty to insure me to the max and they did go to their max, but their max is less than my max at allstate... I need to research this as I may not be covered by my umbrella while driving my vette...
insurance is like that great big cloud in the sky... hard to know and understand fully what you have bought... sort of like medical benefits and title insurance.... don't get me going on these!
I have never read a negative post regarding this type of insurance.. does anybody have a horror story to tell regarding this type of classic car insurance?
also regarding umbrella coverage.... my main insurance with my DD and house is thru allstate where I have a umbrella rider.... I asked Hagerty to insure me to the max and they did go to their max, but their max is less than my max at allstate... I need to research this as I may not be covered by my umbrella while driving my vette...
insurance is like that great big cloud in the sky... hard to know and understand fully what you have bought... sort of like medical benefits and title insurance.... don't get me going on these!
Melting Slicks
Joined: Mar 2009
Posts: 2,885
Likes: 1
Once again, direct working in Hagerty's policy. This is in reference to what they define a daily driver -
"Regular use vehicle" means a motor vehicle which is used for regular driving to work, school, shopping, errands or for general transportation and is not an "antique vehicle" or "classic vehicle".
If you take your Vette out to go shopping and the car gets smacked then you'll have a lot explaining to do if you want them to pay the claim.
I also noticed Hagerty upped the Spare Parts Coverage from $250 to $750. Nice to know they're moving along with inflation but I'm sure some of you have a much larger dollar amount laying around your garage while doing a restoration.
"Regular use vehicle" means a motor vehicle which is used for regular driving to work, school, shopping, errands or for general transportation and is not an "antique vehicle" or "classic vehicle".
If you take your Vette out to go shopping and the car gets smacked then you'll have a lot explaining to do if you want them to pay the claim.
I also noticed Hagerty upped the Spare Parts Coverage from $250 to $750. Nice to know they're moving along with inflation but I'm sure some of you have a much larger dollar amount laying around your garage while doing a restoration.
Safety Car
Joined: Nov 2008
Posts: 4,368
Likes: 9
From: Colorado
I just signed up with Hagerty... generous agreed value, I specifically asked on the driving restrictions and when talking to them I doubt there is much they would not cover. Seemed to be a great deal and cheaper than my regular insurance that let me know they would cover my car at Blue Book, depending on what an adjustor said... yeah right, I bagged them as soon as I was told that.