Insurance
Thread Starter
Race Director
Joined: Apr 2007
Posts: 18,048
Likes: 53
From: long Island NY
Insurance
I'm considering taken my 04Z off my standerd State Farm policy, due to the heavy modding done to car. My rep is also a friend and after talking he let me know that all mods would be pretty much paid on a pro-rated basis. Kind of stinks, if you spent $ 5,500 on wheels 3 years ago and only put on 4,000 miles on them to lose a good portion of that really stinks. So I spent my afternoon talking with Hagerty and Grundy, both very nice people to talk to. From my understanding you get paid on the value you set on your policy. On my 04Z, I put $ 55,000 value, and Grundy was $ 815 a year, and Hagerty $ 1,372 a year. Seems Hagerty gives you less restrictions, which is probably why its a bit more. How has everyones experience been with either company, weather its just general payments to more important claims? I
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Going to have to check into this type of policy on mine.
Thread Starter
Race Director
Joined: Apr 2007
Posts: 18,048
Likes: 53
From: long Island NY
Have State Farm and pay $ 1,163 a year, under 7,500 miles a year, problem is the mod value and replacement.
Safety Car
Joined: Apr 2007
Posts: 3,640
Likes: 83
From: . New York
All things considered I chose Grundy. Been happy wth them, anytime I had a question it was answered promptly and the conditions work for me. Havent filed a claim so I cant help there but I have read others who have and they have been satisfied.
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Racer
Joined: Jan 2000
Posts: 397
Likes: 13
From: Pittston PA
Insurance
J insure mine with Hagerty, aprox $550. yr with a value of 20K, I have had claim experiance with Hagerty, they were very fair. I had a C3 that was in my garage and the street flooded, 18" of water. They were pretty easy to deal with.
Thread Starter
Race Director
Joined: Apr 2007
Posts: 18,048
Likes: 53
From: long Island NY
I will check them thank you. Its the restrictions I'm trying to avoid, I want to go anywere I want to, at anytime with no wondering or being worried about something happening to the car and being afraid to make a claim because it was damaged in a parking lot. I don't mind paying more for the premium to avoid any headaches.
Racer
Joined: Oct 2010
Posts: 419
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From: Lexington VA
St. Jude Donor '11
I had Grundy on a 34 Ford 3 window coupe street rod (500 HP) and it was way cheaper than adding it to my Allstate policies. I had agreed value of $35,000. Thankfully, never filed a claim. But it was cheap and they were friendly to deal with.Go shopping!
Le Mans Master
Joined: Dec 2004
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From: Myrtle Beach SC
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Drifting
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From: cincinnati ohio
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folks are attempting to simplify something that is not simple.
Nobody talks about the deductibles. Is there a deductibe on FIRST PARTY coverages (collision and comprehensive). If so, how much ?
What about THIRD PARTY coverage. Is it minimum amount to stay legal ? That can be a problem if you have assets such as a house worth more than the amount of THIRD PARTY coverages.
Grundy and Haggerty are COLLECTOR CAR insurers. Their customers do not use the car as a DAILY DRIVER. There are exceptions to all of the above. If you have a TRAILER QUEEN that you drive to shows or only a very modest amount then Haggerty and Grundy might be OK. But is you are doing 14,000 or so a year and you own a home then you might be courting a problem. I do not sell insurance. I have been involved with the insurance industry for close to 50 years.
Don't expect to pay $300 a year and be protected while driving 14,000 miles a year. That is just a dream. If you think I am incorrect then live and hope you do not learn the hard way. There are no free lunches. You get what you pay for. A 4,000 miler and you don't own a home maybe you can get by but think about protecting more than just your car. Think about protecting yourselves.
Nobody talks about the deductibles. Is there a deductibe on FIRST PARTY coverages (collision and comprehensive). If so, how much ?
What about THIRD PARTY coverage. Is it minimum amount to stay legal ? That can be a problem if you have assets such as a house worth more than the amount of THIRD PARTY coverages.
Grundy and Haggerty are COLLECTOR CAR insurers. Their customers do not use the car as a DAILY DRIVER. There are exceptions to all of the above. If you have a TRAILER QUEEN that you drive to shows or only a very modest amount then Haggerty and Grundy might be OK. But is you are doing 14,000 or so a year and you own a home then you might be courting a problem. I do not sell insurance. I have been involved with the insurance industry for close to 50 years.
Don't expect to pay $300 a year and be protected while driving 14,000 miles a year. That is just a dream. If you think I am incorrect then live and hope you do not learn the hard way. There are no free lunches. You get what you pay for. A 4,000 miler and you don't own a home maybe you can get by but think about protecting more than just your car. Think about protecting yourselves.
Safety Car
Joined: Apr 2008
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From: NJ
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Grundy. They have excellent customer service and will start you up on a policy immediately after you do an online quote. 
Le Mans Master
Joined: Dec 2004
Posts: 5,789
Likes: 8
From: Myrtle Beach SC
St. Jude Donor '05-'06
folks are attempting to simplify something that is not simple.
Nobody talks about the deductibles. Is there a deductibe on FIRST PARTY coverages (collision and comprehensive). If so, how much ?
What about THIRD PARTY coverage. Is it minimum amount to stay legal ? That can be a problem if you have assets such as a house worth more than the amount of THIRD PARTY coverages.
Grundy and Haggerty are COLLECTOR CAR insurers. Their customers do not use the car as a DAILY DRIVER. There are exceptions to all of the above. If you have a TRAILER QUEEN that you drive to shows or only a very modest amount then Haggerty and Grundy might be OK. But is you are doing 14,000 or so a year and you own a home then you might be courting a problem. I do not sell insurance. I have been involved with the insurance industry for close to 50 years.
Don't expect to pay $300 a year and be protected while driving 14,000 miles a year. That is just a dream. If you think I am incorrect then live and hope you do not learn the hard way. There are no free lunches. You get what you pay for. A 4,000 miler and you don't own a home maybe you can get by but think about protecting more than just your car. Think about protecting yourselves.
Nobody talks about the deductibles. Is there a deductibe on FIRST PARTY coverages (collision and comprehensive). If so, how much ?
What about THIRD PARTY coverage. Is it minimum amount to stay legal ? That can be a problem if you have assets such as a house worth more than the amount of THIRD PARTY coverages.
Grundy and Haggerty are COLLECTOR CAR insurers. Their customers do not use the car as a DAILY DRIVER. There are exceptions to all of the above. If you have a TRAILER QUEEN that you drive to shows or only a very modest amount then Haggerty and Grundy might be OK. But is you are doing 14,000 or so a year and you own a home then you might be courting a problem. I do not sell insurance. I have been involved with the insurance industry for close to 50 years.
Don't expect to pay $300 a year and be protected while driving 14,000 miles a year. That is just a dream. If you think I am incorrect then live and hope you do not learn the hard way. There are no free lunches. You get what you pay for. A 4,000 miler and you don't own a home maybe you can get by but think about protecting more than just your car. Think about protecting yourselves.
Burning Brakes
Joined: Sep 2008
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From: Bucks County PA