Insurance coverage C4
Thread Starter
Burning Brakes
Joined: Apr 2017
Posts: 1,053
Likes: 291
From: Farmington MO
Insurance coverage C4
I've been going around with my car insurance company over slow claim processing, slow pay, regarding an accident my wife was in (not injured).
My hostility toward my insurance company has me re-thinking the whole legalized crime of the insurance business. I'm presently carrying "full coverage" insurance on my 96 C4 coupe. I chose full coverage insurance primarily because of the issues of theft, vandalism, weather damage. Sort of old reflexive thinking. My insurance co have been such Richard Craniums, I'm thinking more about what do I get for my money. If totalled, I'd be lucky to get $10k. Leaning toward dropping everything but liability. I would be interested to hear from some of you as to what kinds of coverage you have and your rationale.
I am not asking what you pay, nor where I might get a better price. I kind of don't care. Just for background, I have had same car insurance company >25 years. My last claim was almost 8 yrs ago when a teenage son hit a tree.
If you have read this far, thank you.
My hostility toward my insurance company has me re-thinking the whole legalized crime of the insurance business. I'm presently carrying "full coverage" insurance on my 96 C4 coupe. I chose full coverage insurance primarily because of the issues of theft, vandalism, weather damage. Sort of old reflexive thinking. My insurance co have been such Richard Craniums, I'm thinking more about what do I get for my money. If totalled, I'd be lucky to get $10k. Leaning toward dropping everything but liability. I would be interested to hear from some of you as to what kinds of coverage you have and your rationale.
I am not asking what you pay, nor where I might get a better price. I kind of don't care. Just for background, I have had same car insurance company >25 years. My last claim was almost 8 yrs ago when a teenage son hit a tree.
If you have read this far, thank you.
Instructor
Joined: Aug 2016
Posts: 188
Likes: 40
From: Rockaway NJ
I just switched the corvette from my regular ins co (very good btw) to American Modern insurance. They specialize in classics, muscle, MC etc. I have a stated value policy and nearly all the same coverage as my DDs.
Cost is almost half.
Some stipulations apply. 3000 mile annual limit, must be garaged.
Bob
Cost is almost half.
Some stipulations apply. 3000 mile annual limit, must be garaged.
Bob
Burning Brakes
Joined: Jan 2011
Posts: 1,064
Likes: 89
From: Kingwood Texas
I would never go with liability only then if something happens you get nothing. I just switched to haggerty so I could get a guaranteed value,just curious How much do you think your 96 is worth?
Thread Starter
Burning Brakes
Joined: Apr 2017
Posts: 1,053
Likes: 291
From: Farmington MO
Advanced
Joined: Apr 2011
Posts: 81
Likes: 8
From: Northport, AL
I have full coverage on mine. But I am thinking about going with a company like Drifter36 mentioned. I want to be able to set the value of the car for myself, not let some insurance company set it for me.
Burning Brakes
Joined: Jan 2011
Posts: 1,064
Likes: 89
From: Kingwood Texas
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Le Mans Master
Joined: Jul 2004
Posts: 6,228
Likes: 698
From: Clifton Park, NY ............Clearwater, FL ... 85 Original Owner
Melting Slicks
Joined: Jan 2002
Posts: 2,531
Likes: 35
From: Lecanto Florida
Full coverage through American Collectors Insurance. Great rates, great service and rates didn't go up after an off-road excursion in the rain. Best is the agreed value which goes up every year.
Le Mans Master
Joined: Jul 2004
Posts: 6,228
Likes: 698
From: Clifton Park, NY ............Clearwater, FL ... 85 Original Owner
They don't want to cover the damage?
Other car involved?
Ins companies in my experience want to settle ASAP.
Instructor
Joined: Aug 2016
Posts: 188
Likes: 40
From: Rockaway NJ
My stated value is $20k. The policy is $420 per year. If I total it I get $20k which is enough to buy a decent replacement or possibly make the repairs.
As I said, I have a 3k mile per year limit which can be increased to 6k for more $.
Btw. That's with a zero deductible
As I said, I have a 3k mile per year limit which can be increased to 6k for more $.
Btw. That's with a zero deductible
Last edited by Drifter36; Jul 18, 2017 at 07:28 PM. Reason: More info
Thread Starter
Burning Brakes
Joined: Apr 2017
Posts: 1,053
Likes: 291
From: Farmington MO
Racer
Joined: Jul 2016
Posts: 346
Likes: 26
Melting Slicks
Joined: Nov 2008
Posts: 2,185
Likes: 641
From: Garland TX
I have collectors insurance through Condon Skelly on my C5 Z06 with agreed value at 24K. Total cost out the door is $49.72 a month. That is with a $0 deductible, unlimited mileage, 24 hour nationwide roadside assistance, uninsured/underinsured coverage. Gone are the days of only being able to drive X amount of miles per year, well for some that is.
I'm planning on moving my C4 over as well.
Safety Car
Joined: Aug 2013
Posts: 4,429
Likes: 605
From: Minneapolis Mn
I have my Vette and T-Bird insured through Continental Western which is part of the Berkley Group.
I have not had the need to file a claim at this time, but the rates are good and the company is easy to deal with. In fact I upped the declared value on the Vette last spring by $5K, cost me an addition $8 per 6 months.
Here's their website if interested: http://www.berkleyclassics.com/
I have not had the need to file a claim at this time, but the rates are good and the company is easy to deal with. In fact I upped the declared value on the Vette last spring by $5K, cost me an addition $8 per 6 months.
Here's their website if interested: http://www.berkleyclassics.com/
Team Owner
Joined: Oct 2004
Posts: 81,241
Likes: 3,063
From: altered state
St. Jude Donor '05
get caight driving it to home depot youre screwedWarrior pm adam boca at NCM here on the forum. He is the best!!
Not only explained everything thoroughly but informed us our DD policy coverage was crap, if he hadnt told us what to change we would have recently lost her recently purchased MB (hard to find) she spent 2 yrs looking for;had it 3 days before some psycho here in the bldg destroyed it!
Thank god for 0 deductible comp/glass and rental; had ours 36 days..figure @ $50 a day what that alone would run.
Fwiw State Farm was pretty good about claims worked with us on a few things when most would have kicked us to the curb (DD policy not collector)
Adam returns all calls, emails, service doesnt stop once they got your money.
Last edited by cv67; Jul 19, 2017 at 09:52 AM.