Ncm insurance
Thread Starter
Burning Brakes
Joined: Jun 2007
Posts: 765
Likes: 50
From: West Palm Beach,Florida
Ncm insurance
Hi Guys. I have a 1996 Grand Sport that i hardly drive. 1000 -2000 miles per year. Id like to insurer With The National Corvette Museum ins co. Has anyone had any dealings with them as far as claims. How is their service? Their underwriter ins company has bad reviews as fat as their home ins coverage but i cant find auto reviews. Any help would be appreciated. I will post on the ZR1 site also
Popular Reply
Jul 7, 2021, 10:02 AM
Premium Supporting Vendor
Joined: Jun 2019
Posts: 361
Likes: 335
From: Bowling Green, KY
[QUOTE=Whaleman;1603695009]
Adam, Please look at the use of commas. Overnight is ONLY in front of vehicle exhibitions. Comma before and after. There is NO overnight if front of leisure/pleasure drives. I agree if it had overnight- then all uses after would allow overnight use. The way it is written is sure not clear the overnight applies to the leisure/pleasure drives. Dan
:facepalm: Are, you, serious?
All, I have had millions in claims paid out for taking a trip with their spouse across this great country. This is all that matters.
From this point forward I am not going to reply to actual questions from others. I know our policy, and I know what it will cover. I have seen our coverage put to use while whaleman has not. I have seen claims paid in situations where whaleman has called out comma placement or other erroneous claims.
You all have a great day!
Adam, Please look at the use of commas. Overnight is ONLY in front of vehicle exhibitions. Comma before and after. There is NO overnight if front of leisure/pleasure drives. I agree if it had overnight- then all uses after would allow overnight use. The way it is written is sure not clear the overnight applies to the leisure/pleasure drives. Dan
All, I have had millions in claims paid out for taking a trip with their spouse across this great country. This is all that matters.
From this point forward I am not going to reply to actual questions from others. I know our policy, and I know what it will cover. I have seen our coverage put to use while whaleman has not. I have seen claims paid in situations where whaleman has called out comma placement or other erroneous claims.
You all have a great day!
Safety Car
Joined: Mar 2017
Posts: 4,208
Likes: 1,328
From: LeClaire Iowa
Just make sure you understand the fine print about when you can actually drive the car. Can't drive to Menards to buy a wrench. Can't drive to grocery to buy a gallon of milk. Can't drive to dentist office. Can't drive to a restaurant with the wife for dinner. Why don't you just try to get them to even tell you when you can drive. Yes, you can drive back and forth to a car show. Dan
Safety Car
Joined: Mar 2017
Posts: 4,208
Likes: 1,328
From: LeClaire Iowa
The National Corvette Museum and NCM Insurance Agency love to see the cars we insure driven so we highly encourage you to take your car out on a nice day and enjoy it! There are some restrictions in the policy. You are covered for pleasure use, so take it out on a nice day to the ice cream shop, car club event or to a car show. Please do not hesitate asking us any questions about your usage – we are more than happy to discuss your specific needs.
Cut and pasted from NCM site. Just check out the hidden legal language. "take your car out on a nice day" means they can deny a claim for driving in the rain. "take it out on a nice day to the ice cream shop" means you can only stop if you can see your car like at a dairy queen. NOTE: they did not say restaurant where you park and walk in. "there are some restrictions in the policy"- try to find this language before you sign up. I looked into this and emailed numerous times to get a copy of this restrictive wording and was not successful. Dan
Cut and pasted from NCM site. Just check out the hidden legal language. "take your car out on a nice day" means they can deny a claim for driving in the rain. "take it out on a nice day to the ice cream shop" means you can only stop if you can see your car like at a dairy queen. NOTE: they did not say restaurant where you park and walk in. "there are some restrictions in the policy"- try to find this language before you sign up. I looked into this and emailed numerous times to get a copy of this restrictive wording and was not successful. Dan
Safety Car
Joined: Mar 2017
Posts: 4,208
Likes: 1,328
From: LeClaire Iowa
Can I take my car to the mall, grocery store, golf course, or movies?
Generally these items are considered daily use type activities and best suited for standard auto coverage. If a car show is in the mall parking lot, no problem!Another cut and paste from FAQ's. NO mall, grocery, golf, movies! Seriously? Dan
Drifting
Joined: Jun 2020
Posts: 1,355
Likes: 396
From: Northwest Ohio
No experience with NCM but that sounds awfully restrictive. Maybe call them and see if they have options to reduce or add in parts to your policy to allow more free use?
I have hagerty with agreed value. Allowed to drive it to work a few days a week if I want during summer (agent got that cleared for me), etc... as long as I have an actually “daily” there is no issue. Set a mileage limit around 5k if I recall... I went through my normal insurance agent who also resells the hagerty policies.
So...I drive it whenever I feel like and wherever I feel like EDIT 07/06/2021 to clear up my intent: I drive it whenever I feel like and wherever I feel like *within reason and according to how I like to use my sports car*...This does NOT mean I drive it to tow the boat, haul mulch, go to doctors/dentist appointments, do routine grocery runs etc...that's not what the *intent* of my car is in the first place (it is why I have a truck, this is a sports car!) nor how I would drive it regardless of insurance policy! If I’m out and about cruising and decide to swing by the grocery store it’s not a problem. However if I used it in a manner that one would consider a “daily” consistently then yeah that’s not the intent of classic car insurance nor would I have that type of policy. There’s also a lot of good faith parts to this and so much gray area do you think the ins would really reject a claim if it was hit in a grocery parking lot? I guess maybe if they could tell you were driving for Uber eats?! NCM may be more strict in that tho, but based on my agent my usage as described is fine with hagerty.
I have hagerty with agreed value. Allowed to drive it to work a few days a week if I want during summer (agent got that cleared for me), etc... as long as I have an actually “daily” there is no issue. Set a mileage limit around 5k if I recall... I went through my normal insurance agent who also resells the hagerty policies.
So...
Last edited by pedricd; Jul 6, 2021 at 12:01 PM.
Safety Car
Joined: Mar 2017
Posts: 4,208
Likes: 1,328
From: LeClaire Iowa
What are your usage restrictions/guidelines?Simply put, we want you to enjoy your classic vehicle. While there are some restrictions in the policy, you’re covered for pleasure use, whether it's a drive on a gorgeous summer day, a trip to the ice cream shop, attending club events or going to shows. If you have specific questions about usage, especially if you own a newer vehicle (generally 1990 and newer), we're happy to discuss them with you.
Don't want to start an argument but Haggerty is just as restrictive as NCM. You can add the drive to work two days a week option. Above is cut and paste from Haggerty site. Do you notice how close the wording is? Except they require a "gorgeous" day. Please take a minute to scan and post the restrictive wording from your actual policy. I am aware that most people who have Haggerty don't even have a copy of the policy. Dan
Don't want to start an argument but Haggerty is just as restrictive as NCM. You can add the drive to work two days a week option. Above is cut and paste from Haggerty site. Do you notice how close the wording is? Except they require a "gorgeous" day. Please take a minute to scan and post the restrictive wording from your actual policy. I am aware that most people who have Haggerty don't even have a copy of the policy. Dan
Race Director
Joined: Mar 2018
Posts: 10,769
Likes: 2,198
From: Golden Colorado
I have NCM and must confess, I have never read the policy, just went on what others have said.
I have Grundy on one of my other muscle cars and must make a mental note to read it also.
I had State Farm and had problems with them about agreed upon value and depreciation.
You really need a lawyer to wade through all this fine print.
I have Grundy on one of my other muscle cars and must make a mental note to read it also.
I had State Farm and had problems with them about agreed upon value and depreciation.
You really need a lawyer to wade through all this fine print.
Last edited by Vette5311; Jul 4, 2021 at 12:05 PM.
Safety Car
Joined: Mar 2017
Posts: 4,208
Likes: 1,328
From: LeClaire Iowa
I have NCM and must confess, I have never read the policy, just went on what others have said.
I have Grundy on one of my other muscle cars and must make a mental note to read it also.
I had State Farm and had problems with them about agreed upon value and depreciation.
You really need a lawyer to wade through all this fine print.
I have Grundy on one of my other muscle cars and must make a mental note to read it also.
I had State Farm and had problems with them about agreed upon value and depreciation.
You really need a lawyer to wade through all this fine print.
Do you REALLY have a copy of the policy in your possession? Most do not. Very hard to get. I tried to get a sample copy of the policy when I was considering it and was DENIED. If you do please scan and post the restrictive wording. Thanks, Dan
Corvette Stories
The Best of Corvette for Corvette Enthusiasts
Every 2027 Corvette Engine Explained
Joe Kucinski
Designer Imagines A Corvette That Looks More Like a Corvette Than the Corvette
Verdad Gallardo
10 Ugly Corvettes That We Still Kinda Love
Joe Kucinski
Top 10 Most Expensive Corvettes Ever Sold on Bring A Trailer
Brett Foote
10 Things Every Corvette Owner Needs (2026 Edition)
Michael S. Palmer
8 Most "Only Corvette Owners Understand" Quirks and Problems
Pouria Savadkouei
10 Reasons the C6 Z06 is Still A Performance Benchmark After 20 Years
Joe Kucinski
How Much Horsepower Every Corvette Engine "LOST" in 1972
Joe Kucinski
Top 10 DOs and DON'Ts for Protecting Your Convertible Top!
Michael S. Palmer
Race Director
Joined: Mar 2018
Posts: 10,769
Likes: 2,198
From: Golden Colorado
Safety Car
Joined: Mar 2017
Posts: 4,208
Likes: 1,328
From: LeClaire Iowa
Drifting
Joined: Feb 2017
Posts: 1,274
Likes: 399
From: Tacoma WA
2024 C4 of the Year Finalist - Unmodified
I have looked into the cost at the “specialized” insurers and since I like to drive my cars when I want, where I want, and as often as I want, I stayed with my regular insurer. If the extra couple of hundred dollars per year becomes an issue, I probably can’t afford to have a car as a hobby!
Safety Car
Joined: Mar 2017
Posts: 4,208
Likes: 1,328
From: LeClaire Iowa
I started a thread on this months ago when I was considering these two companies. Literally 100's if not a thousand members of this forum have insurance from one of these two companies. Not one person posted that they had a real copy of the policy they owned. Dan
Last edited by Whaleman; Jul 4, 2021 at 12:25 PM.
Race Director
Joined: Mar 2018
Posts: 10,769
Likes: 2,198
From: Golden Colorado
Last edited by Vette5311; Jul 4, 2021 at 12:28 PM.
Safety Car
Joined: Mar 2017
Posts: 4,208
Likes: 1,328
From: LeClaire Iowa
That would be called an underwriter. YES, I tried to get copies of policys from both these companies and was denied. First time you see the policy you buy from these two companies is in court. Dan
Safety Car
Joined: Mar 2017
Posts: 4,208
Likes: 1,328
From: LeClaire Iowa
I have a friend who owns a big insurance agency. I asked him about this. He said there was a special website for agents and attorneys that list the full policies from all insurance companies EXCEPT these two. Your attorney can't even get a copy before court. Dan
Race Director
Joined: Mar 2018
Posts: 10,769
Likes: 2,198
From: Golden Colorado
Safety Car
Joined: Mar 2017
Posts: 4,208
Likes: 1,328
From: LeClaire Iowa
Burning Brakes
Joined: Apr 2017
Posts: 1,053
Likes: 291
From: Farmington MO
I have looked into the cost at the “specialized” insurers and since I like to drive my cars when I want, where I want, and as often as I want, I stayed with my regular insurer. If the extra couple of hundred dollars per year becomes an issue, I probably can’t afford to have a car as a hobby!