We Build Relationships While Saving Money!
Thread Starter
Race Director
Joined: Oct 1999
Posts: 14,109
Likes: 127
From: www.ncminsurance.com Bowling Green KY Home of the Corvette!
CI 1-2-3-4-5-6-7-8-9-10-11-12 Vet
St. Jude Donor '07-'08
NCM Sinkhole Donor
We Build Relationships While Saving Money!
We Build Relationships While Saving Money!
As I write this post gas prices are getting higher than ever before. We hit $3.89 today in Bowling Green, right in line with the national average. Just a few years ago we hit $1.72 as seen in this photo, little did we know a short time later it would double!
Everyone is tightening their purse strings a bit right now, and many are realizing that there are better options out there for collector car insurance. While cheap insurance is appealing, do not let that be the main selling point. There are several items to pay attention to when selecting your collector car insurance agent/agency.
- Choose an agent you can build a personal relationship with.
- Here at the National Corvette Museum we pride ourselves on our relationships with our customers/friends. We are an in-house agency that focuses on you and how we can get to know you better.
- Take time to research the company writing the policy.
- You want to work with a company that is A rated or better with AM Best. Our underwriter, American Modern Insurance Group is A+ Rated, and has been writing collector car insurance for over 20 years.
- AMIG’s claims department is staffed by car enthusiasts. They have your best interest at heart.
- For any collector car you want an Agreed Value Policy.
- Do not settle for a Stated Value or Actual Cash Value policy, even if you have a verbal commitment from your agent. You want, in writing, Agreed Value. Agreed Value means we agree upon the value of the car before we write the policy, and if you have a total loss while using the car within the policy limits, then you will get the amount we agreed upon.
Race Director
Joined: Aug 1999
Posts: 11,113
Likes: 669
From: SE Pennsylvania
St. Jude Donor '03 thru '26
Oldtimer
Collector car insurance ?
I recently choose to replace my auto coverage from Nationwide to a policy from NCM/ and Adam Boca. If you look at your current policy, (I don't care what insurance company it is) you'll see the insurance Adam is selling stands on it's own feet. There is very little restrictions and one of the great things of the insurance is that if you pick say a 3000 mile limit of the policy, and you drive 2000 this year, then next year you'll allotted to you 4000 for next year. They call it roll-over miles. My self I choose 6K miles per year.
Then there's the premium and the cost of my policy was 1/4 of what I was paying to my regular insurance company. I have an insurance broker who I go through. He sells 5 or 6 different lines of insurance and the same in different insurance companies. I asked him if I could make a copy of NCM/Adam Boco's insurance policy and send it to him to look over to see if I'm covered properly as I'm not too sharp when it comes to insurance companies fine print & coverages and all of that.
Well he called me back after a few weeks and said that the policy from the National Corvette Museum was pretty solid and met all of the requirements I needed and was very close to my existing policy in terms and limits & coverages and operations. And there's a lot of extras that go with the policy. My main switch was due to "Agreed Value."
And like all insurance, you don't want to ever use it, but it's nice to know it's there in case of whatever. I think if you look into NCM insurance by giving Adam Boca a call you'll be very happy with whats being offered. You really can't go wrong with the policies.
Then there's the premium and the cost of my policy was 1/4 of what I was paying to my regular insurance company. I have an insurance broker who I go through. He sells 5 or 6 different lines of insurance and the same in different insurance companies. I asked him if I could make a copy of NCM/Adam Boco's insurance policy and send it to him to look over to see if I'm covered properly as I'm not too sharp when it comes to insurance companies fine print & coverages and all of that.
Well he called me back after a few weeks and said that the policy from the National Corvette Museum was pretty solid and met all of the requirements I needed and was very close to my existing policy in terms and limits & coverages and operations. And there's a lot of extras that go with the policy. My main switch was due to "Agreed Value."
And like all insurance, you don't want to ever use it, but it's nice to know it's there in case of whatever. I think if you look into NCM insurance by giving Adam Boca a call you'll be very happy with whats being offered. You really can't go wrong with the policies.
Racer
Joined: Oct 2010
Posts: 419
Likes: 3
From: Lexington VA
St. Jude Donor '11
We Build Relationships While Saving Money!
As I write this post gas prices are getting higher than ever before. We hit $3.89 today in Bowling Green, right in line with the national average. Just a few years ago we hit $1.72 as seen in this photo, little did we know a short time later it would double!
Everyone is tightening their purse strings a bit right now, and many are realizing that there are better options out there for collector car insurance. While cheap insurance is appealing, do not let that be the main selling point. There are several items to pay attention to when selecting your collector car insurance agent/agency.
- Choose an agent you can build a personal relationship with.
- Here at the National Corvette Museum we pride ourselves on our relationships with our customers/friends. We are an in-house agency that focuses on you and how we can get to know you better.
- Take time to research the company writing the policy.
- You want to work with a company that is A rated or better with AM Best. Our underwriter, American Modern Insurance Group is A+ Rated, and has been writing collector car insurance for over 20 years.
- AMIG’s claims department is staffed by car enthusiasts. They have your best interest at heart.
- For any collector car you want an Agreed Value Policy.
- Do not settle for a Stated Value or Actual Cash Value policy, even if you have a verbal commitment from your agent. You want, in writing, Agreed Value. Agreed Value means we agree upon the value of the car before we write the policy, and if you have a total loss while using the car within the policy limits, then you will get the amount we agreed upon.
Thread Starter
Race Director
Joined: Oct 1999
Posts: 14,109
Likes: 127
From: www.ncminsurance.com Bowling Green KY Home of the Corvette!
CI 1-2-3-4-5-6-7-8-9-10-11-12 Vet
St. Jude Donor '07-'08
NCM Sinkhole Donor
Thanks Rockbridge! I will respond tomorrow....
sounds great jw!! Look forward to it!
sounds great jw!! Look forward to it!
