Insurance Coverage
Thread Starter
Cruising
Joined: Sep 2014
Posts: 14
Likes: 0
Insurance Coverage
Hello All,
Just received a quote from my AAA Insurance Agent for a '74 Vette. $680.00 a year. Sounds high to me for a car only being driven six months a year. Would be very interested to hear what some of you are paying, as well as your preferred insurance companies.
Thanks.
Just received a quote from my AAA Insurance Agent for a '74 Vette. $680.00 a year. Sounds high to me for a car only being driven six months a year. Would be very interested to hear what some of you are paying, as well as your preferred insurance companies.
Thanks.
Racer
Joined: Apr 2004
Posts: 293
Likes: 1
From: AR
I got mine through Geico/American Modern Insurance Group for my 72. It was $409 per year. Can't comment on customer service as I haven't needed it. Hagarty was a bit higher but my other policies are with Geico.
Le Mans Master
Joined: Dec 2003
Posts: 5,381
Likes: 416
From: N J
Have had these guys forever:
http://www.americancollectors.com/
Currently have my 77 insured for a little over a hundred bucks a year for full coverage.
http://www.americancollectors.com/
Currently have my 77 insured for a little over a hundred bucks a year for full coverage.
Thread Starter
Cruising
Joined: Sep 2014
Posts: 14
Likes: 0
Insurance Coverage
Thanks for the info. Just contacted them. They only insure cars that will spend most of the time in parades or car shows. Driving the car 3-4 times a week does not qualify for their coverage (so I was told).
Safety Car
Joined: May 2008
Posts: 3,755
Likes: 721
From: Lafayette Louisiana
Grundy for me.
Grundy for me for the past 6 years, no problems, unlimited mileage, some requirements like no drivers under 25, locked closed storage for garaging, agreed to value, no daily drivers, etc., classic car insurance cheap, works for my needs. Suggest you shop around.
Safety Car
Joined: Sep 2013
Posts: 4,355
Likes: 2,633
From: Draper Utah
1970 Corvette - Agreed value $25,000
Hagerty $256 a year. includes their roadside service and rollback towing option (Hagerty Plus, which is $30). car has to be garaged in a private garage, barn or pole building.
I've had one claim and Hagerty was awesome. Your agreed value makes a big difference in cost.
Hagerty $256 a year. includes their roadside service and rollback towing option (Hagerty Plus, which is $30). car has to be garaged in a private garage, barn or pole building.
I've had one claim and Hagerty was awesome. Your agreed value makes a big difference in cost.
Last edited by Iceaxe; Oct 13, 2014 at 05:23 PM.
Race Director
Joined: Sep 1999
Posts: 11,361
Likes: 383
From: Plano TX
The most liberal collector policy I've found is NCM http://www.ncminsurance.com/
They allow you to drive to work up to 2x/week.
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Pro
Joined: Jul 2014
Posts: 570
Likes: 65
From: Sebastian,FL
When I put my 77 on the road a couple months ago I went to my State Farm agent and its under 325/yr. My 65 T Bird renewal just came and it is 202/year. Probably helps somewhat that I have 5 cars and house ins thru them as far as discounts go. They all sit in my garage so not sure if that helps price also
Race Director
Joined: Jan 2007
Posts: 10,691
Likes: 697
From: Danville Illinois
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Hagerty, 20 agreed value.
Think it was $238 at last renewal
Think it was $238 at last renewal
Drifting
Joined: Apr 2007
Posts: 1,970
Likes: 45
From: Cameron Park CA
Most, if not all, collector car insurance companies that use agreed value will require a locked garage for the collector car and proof of at least one other car for each driver in the household.
Pete
Drifting
Joined: Apr 2007
Posts: 1,970
Likes: 45
From: Cameron Park CA
For instance, $15,000 for injury or death of one person, $30,000 for injury or death for more than one person, $5,000 property damage.
The only rationale that I can think of is the liberals who run this state want a very low entry level to make mandatory insurance "affordable" for their constituents. Anybody with any assets would naturally buy higher limits.
Pete