Hagerty 10+% increase

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Jan 27, 2011 | 03:33 PM

mikejpss

Thread Starter

Le Mans Master

Joined: Jun 2007

Posts: 7,666

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From: Where it's always hot as Hell-South Louisiana.

St. Jude Donor '07-'08-'09-'10-'11-'12-'13

Hagerty 10+% increase

Just got my renewal notice there is a 12.5% increase over last years premium.. no claims, no nothing . The car actually rolled 35 miles in the past year....to one (1) car show .....
anyone else see this increase from Hagerty?
Are there ANY OTHER collector car insurance companies out there that are competitive with Hagerty?
1980 model, 32,*** miles bone stock car..

Jan 27, 2011 | 04:29 PM

Steve~74

Drifting

Joined: Mar 2009

Posts: 1,344

Likes: 98

From: New Jersey

St. Jude Donor '09-'10-'11-'12-'13-'14-'15

I use Grundy....I am up for renewal in April, I will let you know of any change in premium amounts.

Jan 27, 2011 | 04:45 PM

zwede

Race Director

Joined: Sep 1999

Posts: 11,361

Likes: 383

From: Plano TX

Have you checked with the corvette museum insurance? I'm currently checking out a policy with them (Adam Boca) and they seem pretty good.

http://www.ncminsurance.org/collectorcar.html

Jan 27, 2011 | 04:49 PM

andrea E.

Advanced

Joined: Dec 2009

Posts: 52

Likes: 0

From: Polson MT

I use Grundy ( www.grundy.com )

This is my first year with them. I paid $192.50/year. $100,000 liability/person and $25,000 coverage for the car. There's also no mileage limit. I have a 69 with 41,000 miles.

Jan 27, 2011 | 05:30 PM

Mako72

Melting Slicks

Joined: May 2004

Posts: 2,742

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From: Gulf of America

2023 C7 of the Year Finalist - Unmodified

2018 C3 of Year Finalist

I'm up for renewal in a couple of months. We'll see what they do.

Jan 27, 2011 | 05:45 PM

croaker

Melting Slicks

Joined: May 2006

Posts: 2,369

Likes: 103

From: Centerville Louisiana

Seems like mine went up last year about 10%

Jan 27, 2011 | 06:48 PM

Frankenvette

Melting Slicks

Joined: Jul 1999

Posts: 3,030

Likes: 17

From: White Pine / Dandridge TN

I'm also with Grundy and I think my premium has gone up about $40.00 over the last 10 years and that includes increasing my stated value by nearly $5,000.

Jan 27, 2011 | 07:11 PM

20mercury

Safety Car

Joined: May 2008

Posts: 3,753

Likes: 721

From: Lafayette Louisiana

Grundy for me

Grundy for me, no mileage limit per year, no daily driver operation either though.

Been happy with Grundy. We will see what my rate is this April.

I would get a quote from all 3, Haggerty, Grundy and a third one? Leeland West maybe? Good to know about the museum insurance too.

Last edited by 20mercury; Jan 27, 2011 at 07:14 PM.

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Jan 27, 2011 | 07:59 PM

baxsom

Le Mans Master

Joined: Jun 2008

Posts: 5,284

Likes: 235

From: Rockledge FL

It's so funny how things change here. A few years ago I asked about the best classic insurance and the overwhelming response was go with Hagerty or get snowed.

Jan 27, 2011 | 08:06 PM

#10

U17

Melting Slicks

Joined: Dec 2008

Posts: 2,070

Likes: 5

From: N.Richland Hills Texas

I've been with Grundy for almost six years on my T-Bucket.. The '76 is too new for them to cover ...

Jan 27, 2011 | 11:46 PM

#11

startwith80vette

Burning Brakes

Joined: Jul 2004

Posts: 870

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From: Closter New Jersey

Quote:

Originally Posted by U17

I've been with Grundy for almost six years on my T-Bucket.. The '76 is too new for them to cover ...

umm they cover my 1980, you may want to check again. they also cover my friends 1991 toyota mr2.

Jan 27, 2011 | 11:54 PM

#12

Procrastination Racing

Le Mans Master

Joined: Feb 2001

Posts: 6,317

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From: Ocala FL

Quote:

Originally Posted by U17

I've been with Grundy for almost six years on my T-Bucket.. The '76 is too new for them to cover ...

They covered my '79, too, and that was 6 years ago now.

Jan 28, 2011 | 10:03 AM

#13

mikejpss

Thread Starter

Le Mans Master

Joined: Jun 2007

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From: Where it's always hot as Hell-South Louisiana.

St. Jude Donor '07-'08-'09-'10-'11-'12-'13

Just did an estimate on the NCM website, it is 20% less than what I pay now, before the 12 % increase for next year. Guess where I'm gonna buy it .....

Jan 28, 2011 | 10:19 AM

#14

U17

Melting Slicks

Joined: Dec 2008

Posts: 2,070

Likes: 5

From: N.Richland Hills Texas

Quote:

Originally Posted by Procrastination Racing

They covered my '79, too, and that was 6 years ago now.

Interesting... Grundy,several times, has said my '76 is too new ...

Jan 28, 2011 | 11:05 AM

#15

zwede

Race Director

Joined: Sep 1999

Posts: 11,361

Likes: 383

From: Plano TX

Quote:

Originally Posted by mikejpss

Just did an estimate on the NCM website, it is 20% less than what I pay now, before the 12 % increase for next year. Guess where I'm gonna buy it .....

Be sure to talk to Adam (NCM Ins guy). After talking with him we were able to lower the rate further. They also have an optional "9-5" endorsement that allows you to drive to work up to 2 times/week.

Jan 28, 2011 | 03:40 PM

#16

Adam Boca

Race Director

Joined: Oct 1999

Posts: 14,109

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From: www.ncminsurance.com Bowling Green KY Home of the Corvette!

CI 1-2-3-4-5-6-7-8-9-10-11-12 Vet

St. Jude Donor '07-'08

NCM Sinkhole Donor

Thanks everyone for the plug!

Check out our newly re-designed website at www.ncminsurance.com for a quote and information on what we have to offer.

Let me know if you have any questions!

Thanks!!

Adam Boca
NCM Insurance Agency

Jan 28, 2011 | 04:01 PM

#17

G-Sting

Burning Brakes

Joined: Jun 2005

Posts: 1,113

Likes: 35

From: LaUgH, mOrE!

Quote:

Originally Posted by zwede

Have you checked with the corvette museum insurance? I'm currently checking out a policy with them (Adam Boca) and they seem pretty good.

http://www.ncminsurance.org/collectorcar.html

Adam was very helpful getting me set up. I not only wanted collector car coverage, but a rider for my 20 year old as an occasional driver. This he was able to do very reasonably.

Jan 28, 2011 | 04:04 PM

#18

Cruisin Davey G

Instructor

Joined: Dec 2010

Posts: 149

Likes: 0

From: Southgate Michigan

RE: Insurance & Everything Else !

Yeah, I know what you mean 'bout the Insurance Game. I'm an Contractor Estimator & Believe me, Insurance is one Business that Will Never Lose money ...... Ever ! It's Enough to Drive a Person 'Nuts' !

"Everything Keeps Going Up ...... Except for My Pay !"

Jan 28, 2011 | 04:33 PM

#19

myoriginal77

Drifting

Joined: Mar 2004

Posts: 1,450

Likes: 40

From: Panama City Beach, Florida

Old School State Farm, no increase in the last 10 years - Really, I have agreed value ($15,000) and all the rest of what you need, it's about $400 a year, no muss - no fuss.

Frank