NCM insurance question
Premium Supporting Vendor
Joined: Jun 2019
Posts: 361
Likes: 335
From: Bowling Green, KY
However their new policy coverages became much more restrictive. Like the car always has to be in a garage or locked in a trailer if it not at home. There goes any overnight stays. There were other changes that were not to the policy holders benefit. I may have to get rid of them.
Premium Supporting Vendor
Joined: Jun 2019
Posts: 361
Likes: 335
From: Bowling Green, KY
We are an agent for American Modern and other carriers. We are a very high volume agent for them, and make sure our customers are taken care of.
Drifting
Joined: Jul 2017
Posts: 1,365
Likes: 471
From: S.E. Pennsylvania
So let me get this straight: If I call NCM for a policy I get a policy with some other insurance company because NCM doesn't issue insurance policies. The policy might be with
American Modern or some other company that NCM is an agent for but not an actual NCM policy... Hmmm. I'll bet if this is correct that few are aware of it... I certainly wasn't.
American Modern or some other company that NCM is an agent for but not an actual NCM policy... Hmmm. I'll bet if this is correct that few are aware of it... I certainly wasn't.
Premium Supporting Vendor
Joined: Jun 2019
Posts: 361
Likes: 335
From: Bowling Green, KY
So let me get this straight: If I call NCM for a policy I get a policy with some other insurance company because NCM doesn't issue insurance policies. The policy might be with
American Modern or some other company that NCM is an agent for but not an actual NCM policy... Hmmm. I'll bet if this is correct that few are aware of it... I certainly wasn't.
American Modern or some other company that NCM is an agent for but not an actual NCM policy... Hmmm. I'll bet if this is correct that few are aware of it... I certainly wasn't.
Race Director
Joined: Jan 2000
Posts: 10,371
Likes: 3,384
From: Central TX
C5 of Year Finalist (appearance mods) 2019
You don't have to do business with the NCM, if you choose not to. There are other insurers.
Last edited by USAZR1; Sep 23, 2020 at 07:39 PM.
Drifting
Joined: Jul 2017
Posts: 1,365
Likes: 471
From: S.E. Pennsylvania
And I'm completely aware how agents and companies interact. Apparently many others are not, thinking that NCM was the insurance company and not the agent...
Melting Slicks
Joined: Jun 2013
Posts: 3,473
Likes: 691
From: West Virginia
Last edited by jackthelad; Sep 23, 2020 at 08:14 PM.
Premium Supporting Vendor
Joined: Jun 2019
Posts: 361
Likes: 335
From: Bowling Green, KY
Corvette Stories
The Best of Corvette for Corvette Enthusiasts
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
Top 10 Most Explosive Corvettes Ever Made: Power-to-Weight Ratio Ranked!
Joe Kucinski
150 hp to 1,250 hp: Every Corvette Generation Compared by the Specs That Matter
Joe Kucinski
8 Coolest Corvette Pace Cars (and Replicas) of All Time
Verdad Gallardo
Drifting
Joined: Jul 2017
Posts: 1,365
Likes: 471
From: S.E. Pennsylvania
Drifting
Joined: Mar 2018
Posts: 1,365
Likes: 414
From: New Jersey
"The occasional pleasure use definition no longer includes a vehicle temporarily left un-garaged for less than 24 consecutive hours on the residence premises. Also, the vehicle may be located at a temporary lodging of the named insured, however this does not include a residence premises of the named insured".
Premium Supporting Vendor
Joined: Jun 2019
Posts: 361
Likes: 335
From: Bowling Green, KY
I agree. I read the quoted passage below a few months ago and did not remember it correctly. the wording is lawyerly and why is it written like this. So what does this mean?
"The occasional pleasure use definition no longer includes a vehicle temporarily left un-garaged for less than 24 consecutive hours on the residence premises. Also, the vehicle may be located at a temporary lodging of the named insured, however this does not include a residence premises of the named insured".
"The occasional pleasure use definition no longer includes a vehicle temporarily left un-garaged for less than 24 consecutive hours on the residence premises. Also, the vehicle may be located at a temporary lodging of the named insured, however this does not include a residence premises of the named insured".
Previously the policy said that if it was at your residence it needed to be in your garage.
This is less restrictive.