classic insurance
Thread Starter
Instructor
Joined: May 2004
Posts: 162
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From: paramus nj
classic insurance
Dad just got a quote from Grundy in the mail .. but says he has to sign something saying no one under 25 will be driving the car.
Is there an additional fee for that, because it sounded like if you have the "premium fee" you can't be under 25.
Would be interested in hearing other options as I will be 22 in a week, and don't like not being able to drive my own cars! grr
kosta
Is there an additional fee for that, because it sounded like if you have the "premium fee" you can't be under 25.
Would be interested in hearing other options as I will be 22 in a week, and don't like not being able to drive my own cars! grr
kosta
Team Owner
Joined: Feb 2003
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From: Sitting in his Nowhere land Hanover Pa
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Re: classic insurance (kosta)
The insurance on my dads 67 corvette and 02 Impala says that no one under 25 can drive the car 
Race Director
Joined: Dec 1999
Posts: 19,610
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From: Forked River NJ
Re: classic insurance (Nowhere Man)
I don't think any classic insurance company will insure you if you are under 25. I think you have to put it under your normal insurance policy. I might be wrong but most I have seen will not insure you.
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Joined: Jul 2001
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From: Lakeland, FL
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Re: classic insurance (Gordonm)
I don't think any classic insurance company will insure you if you are under 25. I think you have to put it under your normal insurance policy. I might be wrong but most I have seen will not insure you.
Race Director
Joined: Apr 1999
Posts: 15,134
Likes: 477
From: NM
Re: classic insurance (bqce)
I thought Hagerty only requires that you have had a license for 5 years or more. I'm pretty sure that is their policy.
Q. How many years of driving experience is required of an insured?
A. We ask for five years of clean driving experience.
tom...
Racer
Joined: Dec 2003
Posts: 304
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From: Pasadena Maryland
Re: classic insurance (kosta)
Hagerty is the way to go. My son who will be 22 next month just bought a 23 Fort T-Bucket. We contacted Hagerty and combined both our cars onto one policy. Require 5 year good driving record and the lady said they tend to ignore minor infractions.
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Drifting
Joined: May 2004
Posts: 1,442
Likes: 2
From: Flanders NJ
Re: classic insurance (kosta)
I applied to American Collectors Insur. Co. and they had me sign a statement that no one with less than 10 years driving experiance was allow to drive the car, so I signed it. Then they said I was not accepted because my son (19) had 2 tickets. If he is not allowed to drive the car then how the he.. does his driving record come into play! :mad I figure I'm better off finding another ins. co. Any suggestions on one that is good to deal with?
Last edited by mooneyd; Jul 8, 2004 at 08:41 AM.
Burning Brakes
Joined: Apr 2004
Posts: 814
Likes: 2
From: WESTLAKE LA
Re: classic insurance (mooneyd)
Try http://www.americanhobbyist.com
100,000/300,000/50000 @ 35.00 per year liability
$0 deductible-24-15yr old car @ 1.40 per 100.00 declared value
towing@ 6.00
[Modified by COMMANDER370, 2:40 PM 7/7/2004]
100,000/300,000/50000 @ 35.00 per year liability
$0 deductible-24-15yr old car @ 1.40 per 100.00 declared value
towing@ 6.00
[Modified by COMMANDER370, 2:40 PM 7/7/2004]
Burning Brakes
Joined: Feb 2001
Posts: 947
Likes: 46
From: Saint Cloud Florida
Re: classic insurance (CGGorman)
Just off the top of my head, the biggest advantages were lower rates and the agreed upon value. My 71 Vette was $225 per year with an agreed upon value of $28k. There are usually some restrictions on how the car is used, some have mileage clauses, some do not want you to leave the car unattended when out with it, some want it to have a locked storage ect.
What's the benefit of "classic" insurance over my normal (Progressive) insurance?
Race Director
Joined: Apr 1999
Posts: 15,134
Likes: 477
From: NM
Re: classic insurance (CGGorman)
What's the benefit of "classic" insurance over my normal (Progressive) insurance?
But if your car is a driver then the standard/normal insurance is the way to go.
tom...
Thread Starter
Instructor
Joined: May 2004
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From: paramus nj
Re: classic insurance (Tom73)
I got a ticket two years ago, so don't know if they will overlook, but will try.
BTW, Whats the point in punishing everyone young, just because of their age? Shouldn't it be regular priced until You get a ticket or have an accident, etc. and prove to them you are a liability?
Thanks for all the help!
Kosta
BTW, Whats the point in punishing everyone young, just because of their age? Shouldn't it be regular priced until You get a ticket or have an accident, etc. and prove to them you are a liability?
Thanks for all the help!
Kosta
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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 insurance (mooneyd)
Try these guys -- http://www.collectorcarins.com/ -- they search to find the best provider at the lowest cost.
I have had them for 3 years now because companies like Grundy and Hagerty would not cover me, due to the fact my daily driver vehicle is "too old and unreliable". Try and find something more reliable than a 1978 Chevy pickup to drive :mad
I have had them for 3 years now because companies like Grundy and Hagerty would not cover me, due to the fact my daily driver vehicle is "too old and unreliable". Try and find something more reliable than a 1978 Chevy pickup to drive :mad
