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Anyone doing "stated value" insurance?

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Old 09-25-2017, 10:33 AM
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confab
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Default Anyone doing "stated value" insurance?

And what are you paying? if you don't mind telling me..

Mileage limits, etc? Who is it through?
Old 09-25-2017, 11:49 AM
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whalepirot
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Originally Posted by confab
And what are you paying? if you don't mind telling me..

Mileage limits, etc? Who is it through?
Bundled with other cars, but much cheaper with Grundy than any others with less intrusion as to use, miles etc..
Cannot be a daily driver. About $500/yr. on 4 cars.

I'd called Hagerty(way pricier) and Adam was awesome but the underwriters declined coverage of my '89 BMW; that ended that.

Last edited by whalepirot; 10-06-2017 at 11:50 AM.
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Old 09-25-2017, 01:05 PM
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Paul Workman
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Mine is with Infinity ins. 3 Vettes, 6000 mile annually ea., stated value on all 3, no dd use; just under $700/year inclusive.
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Old 09-25-2017, 01:15 PM
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Originally Posted by Paul Workman
Mine is with Infinity ins. 3 Vettes, 6000 mile annually ea., stated value on all 3, no dd use; just under $700/year inclusive.
Not to be nosy, but to be nosy.. What's the value?
Old 09-25-2017, 01:17 PM
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confab
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PS: What constitutes "not a daily driver"

I mean.. How do they know and what are the criteria for something like that?
Old 09-25-2017, 01:22 PM
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85vegasvette
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with grundy i know its an agreed upon value, so my 85 is at 5k, im sure if i said 10k theyd want more proof of the vehicles condtion, that my assumption....
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Old 09-25-2017, 01:26 PM
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FresnoVette
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Call Hagerty. They have all the right answers.
hagerty.com
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Old 09-25-2017, 01:27 PM
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My guy is offering me 12K value (Now I realize there is a difference between "agreed" and "stated" values, and I can't remember which he said?) at about a thousand a year.
Old 09-25-2017, 01:30 PM
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If I pay 12 mos up front, it's 900.
Old 09-25-2017, 01:33 PM
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Cool Runnings
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Location, driving record, muti-car discount, age ...........
Old 09-25-2017, 01:45 PM
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Originally Posted by Cool Runnings
Location, driving record, muti-car discount, age ...........
Cincy area, no points, yes and 47?
Old 09-25-2017, 01:46 PM
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I have my 88 insured with Grundy for 10k. 3000 mi limit per year. I think I paid around 180
Old 09-25-2017, 01:52 PM
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Originally Posted by cdm747
I have my 88 insured with Grundy for 10k. 3000 mi limit per year. I think I paid around 180
A quarter?
Old 09-25-2017, 02:10 PM
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Originally Posted by confab
A quarter?
a year - agreed value
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Old 09-25-2017, 02:26 PM
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Adam Boca
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confab, and others. Give us a jingle at the NCM Insurance Agency (National Corvette Museum). We do agreed value coverage and would love the opportunity to quote you all!

877.678.7626 or at ncminsurance.com.

Thank you!

Adam
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Old 09-25-2017, 02:32 PM
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Paul Workman
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Originally Posted by confab
PS: What constitutes "not a daily driver"

I mean.. How do they know and what are the criteria for something like that?
The 2 ZR-1s above $20k. The 69 Vert C3 @ $18k. No tickets last 10 yrs, 1 uninsured motorist claim (new fender & bumper), one broken w/s (rock). Both retired.
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Old 09-25-2017, 03:16 PM
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Dt86
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American Collectors, $8,000 value, unlimited mileage, drive to work, stored in garage = $280 a year.
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Old 09-25-2017, 03:19 PM
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vette196
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Grundy, no mileage limits, $15K value...$258
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Old 09-25-2017, 03:19 PM
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Hagerty was higher for agreed value which I placed at 30k ('96 Grand Sport) than my insurance with Liberty Mutual was and the book value is around 25k....which I can live with. My car can be a daily driver if I so choose....they only ask me to "estimate" the yearly mileage. Plus Liberty Mutual allows the vehicle to be "in storage" 30 days minimum at a time as long as the vehicle is in a garage which drops the monthly premium to $15, which is perfect for December, January, February in the northeast.....Hagerty doesn't have that option. So needless to say Hagerty isn't for everyone.
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Old 09-25-2017, 03:34 PM
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hwy1ken
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Default '06 convertible/Grundy

Originally Posted by confab
And what are you paying? if you don't mind telling me..

Mileage limits, etc? Who is it through?
I have agreed value with Grundy @ $25,000. $403/yr
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