Classic Car Insurence
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Joined: Nov 2010
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Classic Car Insurence
Hi,
I would like to register my 1970 BB Convertible and due to a lack of knowledge about that subject I am asking you guys if somebody can advice me what I have to take care of and whats the best insurence to choose.
My will be driven only at the weekend on nice sunny days locally and it sits in a garage.
I am original from Germany but now working in Fort Lauderdale Florida.
Many Thanks in Advance
I would like to register my 1970 BB Convertible and due to a lack of knowledge about that subject I am asking you guys if somebody can advice me what I have to take care of and whats the best insurence to choose.
My will be driven only at the weekend on nice sunny days locally and it sits in a garage.
I am original from Germany but now working in Fort Lauderdale Florida.
Many Thanks in Advance
Last edited by ultravette_germany; Oct 12, 2013 at 03:44 PM.
Melting Slicks
Joined: Jan 2010
Posts: 2,416
Likes: 8
From: Charlotte (Area) North Carolina
St. Jude Donor '11-'12-'13-'14
NCM Sinkhole Donor
You will get a lot of different opinions on this subject! I had Grundy insurance for a couple of years, but then I think the company was sold and my rates skyrocketed. I switched to Hagerty ins and have been pretty happy with them. I only used the road side service one time for a flatbed tow and it was a great experience. 
Race Director
Joined: Sep 1999
Posts: 11,361
Likes: 383
From: Plano TX
Gutentag, wie gehts.
http://www.ncminsurance.com/
Very reasonable rates and friendly. I've used them for several years and they have never raised the rates.
http://www.ncminsurance.com/
Very reasonable rates and friendly. I've used them for several years and they have never raised the rates.
Drifting
Joined: Jun 2010
Posts: 1,781
Likes: 15
From: Oxford Ohio
I had a friend tell me last week that he had three of his older cars insured by State Farm for $92 a half for all three. They had to have historical plates. I don't know what coverage he got either.
Melting Slicks
Joined: Aug 2010
Posts: 2,207
Likes: 26
From: Ocean County NJ
Gutentag, wie gehts.
http://www.ncminsurance.com/
Very reasonable rates and friendly. I've used them for several years and they have never raised the rates.
http://www.ncminsurance.com/
Very reasonable rates and friendly. I've used them for several years and they have never raised the rates.
Instructor
Joined: Feb 2008
Posts: 237
Likes: 0
From: Roseville CA
I have Grundy and my rates have gone up every year, they were about the same cost as Hagerty back ~ 5 years ago. I have never filed a claim so, I can't really speak on that part. I will look around more upon renewal. I will look into NMC Insurance.
Burning Brakes
Joined: Sep 2009
Posts: 1,003
Likes: 48
From: hickory NC
C4 of Year Finalist (appearance mods) 2019
2017 C4 of Year Finalist
I chose Classic Car Ins. for mine. Put a value on the car, sent some pictures in and put a 6k mile per year limit. Runs me about 130/yr. Shop around and get quotes and check the coverages they offer and choose the best one you think works best for you.
Racer
Joined: Jul 2010
Posts: 430
Likes: 31
From: Ontario
I'm in Ontario and I use Hagerty for both my `76 Corvette and 1950 Ford pickup. Total for both is about $300 a year. I don't recall the exact numbers but I think the Vette is $170 and the truck is $130. Full coverage and the insured value for each vehicle is $15,000. 5700 miles per year limit. I don't know how they verify that though. They asked for the mileage when I signed up so they must do an average per year calc if/when they check it.
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Verdad Gallardo
2026 Loser of the Year
Joined: Sep 2013
Posts: 36,601
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From: New Or-leens Loo-z-anna
Classic car/truck insurance is less than half of "regular" car insurance. I have my '36 truck and '68 Corvette thru American Collector's with Full Replacement Value/Full Coverage/Roadside Assist....the annual premium for BOTH vehicles combined is less than half of my wife's SUV!
I had to provide copies of titles/photos of vehicles...received confirmation of coverage in 24 hours. I've been with them for 7 years.
I had to provide copies of titles/photos of vehicles...received confirmation of coverage in 24 hours. I've been with them for 7 years.
Pro
Joined: Jan 2010
Posts: 518
Likes: 12
From: Panhandle
Classic Corvette Insurance
Gutentag, wie gehts.
http://www.ncminsurance.com/
Very reasonable rates and friendly. I've used them for several years and they have never raised the rates.
http://www.ncminsurance.com/
Very reasonable rates and friendly. I've used them for several years and they have never raised the rates.
Thanks for the tip.
I used Heacock Classic, (underwritten by American Southern Home Insurance) for years.
They were "GOOD"? Well let's say, I paid my premium on time and never had a claim, no tickets, etc.
This year (just came in) my renewal premium went up over 26%. Now that a healthy increase!!!
I just checked out NCM, like their quote, and applied for a policy.
Melting Slicks
Joined: Oct 2011
Posts: 3,453
Likes: 67
From: Midland Ontario
NCM Sinkhole Donor
I'm in Ontario and I use Hagerty for both my `76 Corvette and 1950 Ford pickup. Total for both is about $300 a year. I don't recall the exact numbers but I think the Vette is $170 and the truck is $130. Full coverage and the insured value for each vehicle is $15,000. 5700 miles per year limit. I don't know how they verify that though. They asked for the mileage when I signed up so they must do an average per year calc if/when they check it.
Hagerty bought out Lant, whom I used for my first few years of ownership. Haven't really noticed any change in service. My rates are on par with Army's. I have heard good things about NCM, but they can't underwrite north of the border. If I was in Florida, I'd at least give them a call.
Race Director
Joined: Oct 1999
Posts: 14,109
Likes: 127
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
We would love to quote you! We offer great collector car coverage to residents of the US (Sorry to our friends North of the border!).
We offer Agreed Value Coverage with mileage options and deductible options. Check us out online at www.ncminsurance.com or give us a call for a simple quote. 877.678.7626
Thanks!
Adam Boca
NCM Insurance Agency
www.ncminsurance.com
877.678.7626
We offer Agreed Value Coverage with mileage options and deductible options. Check us out online at www.ncminsurance.com or give us a call for a simple quote. 877.678.7626
Thanks!
Adam Boca
NCM Insurance Agency
www.ncminsurance.com
877.678.7626
Team Owner
Joined: Jun 2000
Posts: 38,923
Likes: 1,482
From: Southbound
Cruise-In II Veteran
My agent does not require historical plates, but I am limited to pleasure only, 7500 or less miles per year.
Race Director
Joined: Oct 1999
Posts: 14,109
Likes: 127
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
Please check your coverages with SF. I insure several SF agents, and I can assure you that you are not protected the way you or most likely your agent thinks. Yes, you got an appraisal, but if you have a total loss they will depreciate the value of the vehicle. The legal language states that they will pay "up to" the stated value. Research Stated Value Insurance vs Agreed Value Insurance on google.
We don't require an appraisal, which costs more money. As long as we are within current market value we can agree on that value.
We don't require an appraisal, which costs more money. As long as we are within current market value we can agree on that value.
Burning Brakes
Joined: Oct 2013
Posts: 1,216
Likes: 66
From: Killeen Texas
I'm Using Grundy, I have 3 Vehicles on my policy, 73 Corvette for 10K I have up it twice as its under construction, my 37 Dodge pickup for 30K , and a 93 Firebird formula for 8K, I should take the firebird to 10k but will likely do that on the next year.
Our renewal price this year was 350.00
Just checked your online quote, with the same levels I have with Grundy yours came back at 526.00
Our renewal price this year was 350.00
Just checked your online quote, with the same levels I have with Grundy yours came back at 526.00
Last edited by Tim 1973; Oct 14, 2013 at 10:23 PM.
Race Director
Joined: Oct 1999
Posts: 14,109
Likes: 127
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
I'm Using Grundy, I have 3 Vehicles on my policy, 73 Corvette for 10K I have up it twice as its under construction, my 37 Dodge pickup for 30K , and a 93 Firebird formula for 8K, I should take the firebird to 10k but will likely do that on the next year.
Our renewal price this year was 350.00
Just checked your online quote, with the same levels I have with Grundy yours came back at 526.00
Our renewal price this year was 350.00
Just checked your online quote, with the same levels I have with Grundy yours came back at 526.00
Thanks!
Adam Boca
877.678.7626