Classic Car Insurance?
Thread Starter
Safety Car
Joined: Jul 2002
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From: St. Charles IL
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Classic Car Insurance?
I tried this in off-topic, not much response, so I'll try here. Has anyone had any experience with NATIONWIDE INSURANCE COMPANY. They will write a limited mileage policy based on the appaised value of my car dirt cheap. Makes me nervous, do they settle their claims fairly? Anyone use them?
Team Owner
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From: Exiled to Richmond, VA - Finally sold my house in Murfreesboro, TN ?? Corner of "Bumf*&k and 'You've got a purdy mouth'."
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St. Jude Donor '06-'10, '13
Re: Classic Car Insurance? (Big Fish)
I use a smaller company, I think they are more of a broker.
I have mine at $17,000 and 5000 miles per year and only pay around $275 - and that is living in Phoenix, a high car theft area.
When I get home I will find the name of the actual company I have the insurance with.
[Modified by BSeery, 1:51 PM 8/21/2003]
I have mine at $17,000 and 5000 miles per year and only pay around $275 - and that is living in Phoenix, a high car theft area.
When I get home I will find the name of the actual company I have the insurance with.
[Modified by BSeery, 1:51 PM 8/21/2003]
Race Director
Joined: Apr 1999
Posts: 15,146
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From: NM
Re: Classic Car Insurance? (Big Fish)
No experence with Nationwide. I use Hagerty for my three classics. Very good rates, agreed value, but of course there are some restrictions on use but not milage.
Using their on-line quote for a '75 Vette in IL with a value of $12,000 and no deductable, the annual rate is $129 per year :)
tom...
Using their on-line quote for a '75 Vette in IL with a value of $12,000 and no deductable, the annual rate is $129 per year :)
tom...
Team Owner
Joined: Mar 2002
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Re: Classic Car Insurance? (Big Fish)
I have Nationwide for my house and DDs, but I use American Collectors for the Vette. It's like $80 a year, limited mileage, agreed value. Nationwide couldn't come anywhere close to that. I've also had several claims with Nationwide, and they've never given me any trouble.
Racer
Joined: Jul 1999
Posts: 273
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From: Murphy Texas
Re: Classic Car Insurance? (wcsinx)
I just got my 77 and initially went to Allstate, which is who we have insurance with on our other vehicles). It was going to be $398 per year with a $1000 deductible. I ended up with Hagerty at $103 per year with a $250 deductable.
Team Owner
Joined: May 2001
Posts: 29,745
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From: Exiled to Richmond, VA - Finally sold my house in Murfreesboro, TN ?? Corner of "Bumf*&k and 'You've got a purdy mouth'."
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St. Jude Donor '06-'10, '13
Re: Classic Car Insurance? (USA SHARK)
Mine is through a broker called Collector Car insurance in Cincinnati. 1-800-787-7637.
The policy is through American Modern Home Ins. Company.
The policy is through American Modern Home Ins. Company.
Thread Starter
Safety Car
Joined: Jul 2002
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From: St. Charles IL
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Re: Classic Car Insurance? (Big Fish)
Thankyou everyone for your replies. I guess this type of insurance is rather cheap compared to others. You have given me some great info on this, now I need to make a few phone calls. :cheers:
Race Director
Joined: Apr 1999
Posts: 15,146
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From: NM
Re: Classic Car Insurance? (Big Fish)
I guess this type of insurance is rather cheap compared to others.
tom...
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Instructor
Joined: Jun 2003
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From: New Fairfield CT
Re: Classic Car Insurance? (Big Fish)
Did a lot of homework on this subject. Ended up with a company called AON Collector Car Insurance. No mile restrections, No deductables, No pictures needed. Have my 71 insured for a agreeded vale of $15,000 for $107.00 per year. There number is 877-765-7790. This is no fly-by night group. They are a fortune 500 company. So far I have not filed any claims, so I can`t comment on that feature. Hope this helps. :chevy
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From: Living in the Hartland
Re: Classic Car Insurance? (Tom73)
I guess this type of insurance is rather cheap compared to others.
It is alot cheaper, but there are alot of restrictions that you have to live with. If you can live with those, then it is great. :D
tom...
It is alot cheaper, but there are alot of restrictions that you have to live with. If you can live with those, then it is great. :D
tom...
Racer
Joined: Sep 2001
Posts: 369
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From: Millington TN
Re: Classic Car Insurance? (Big Fish)
INA has an awesome deal. No mileage limit!!! I found out about them on the hot rod power tour. I spoke with there reps at the vendors booth. They are advertised in just about all the hot rod/car craft/ super chavy magizines.
Team Owner
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From: Lakeland, FL
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St. Jude Donor '03, '06, '17
Re: Classic Car Insurance? (Big Fish)
I use Hagerty and I'm very satisfied with them.. I had one claim after my '80 Duntov Turbo got damaged and they handled everything fast and to my full satisfaction!
Thread Starter
Safety Car
Joined: Jul 2002
Posts: 4,269
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From: St. Charles IL
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A CI-6 Car Show Winner
Re: Classic Car Insurance? (Big Fish)
Looks like Hagerty is the popular favorite here. I was impressed with their web site and looks like they have a great reputation. $149.00/year on $15,000.00 value with easy to live with restrictions looks like a good deal to me.
