Where do you get your agreed value car insurance?
#1
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Where do you get your agreed value car insurance?
I have $60k into my car and would like to get agreed value insurance. Who's the best to go with? Are there conditions? I just drive it on the weekends maybe a total of 4 thousand miles a year, thanks for your help.
#2
Race Director
I have mine through Safeco, and there are no conditions required.
#3
Melting Slicks
Just like Ed I have an agreed value on my Z with Safeco too. It cost me $900.00 per year with an agreed value of $70,000. Now I have heard on the forum (who knows if it'e true) that getting Safeco to pay out a claim is like pulling teethe.
#4
Race Director
I filed a claim with them yesterday. I'll let you know how it turns out.
#5
Melting Slicks
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Sorry to hear about your car. It's always bad when they're down. I'll give Safeco a call and I'll post what they quote. If anyone has any other companies they could recommend I'll call them too. Thanks
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Adam Boca (09-19-2018)
#9
Le Mans Master
I have agreed value on both my Corvettes with Erie Insurance..WW
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Adam Boca (09-19-2018)
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There are a couple of potential problems. My car has been modified with a supercharger and more, 750 wheel horsepower. Perfect driving record, but still. My daily is a comercial work truck. I called an insurance company a while back and that was thier sticking point. Ill call these companies you guys have recommended and will post results, thanks
#13
Pro
Call Adam, Bobbie Jo or Sharon at NCM Insurance. They'll treat you right.
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Adam Boca (09-19-2018)
#15
Race Director
One thing to keep in mind with NCM and Hagerty is that both have some serious stipulations as to how and when you're allowed to use your car. Safeco has none of this.
#18
Melting Slicks
I agree, it's like your mortgage company telling you that you can only live in you're house certain days of the month. I can't imagine anyone with the IQ above room temperature agreeing to this. However there are some people who like being treated like door mats!
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Adam Boca (09-19-2018)
#20
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I just wanted to update, I ended up getting my agreed value insurance with the National Corvette Museum. They valued my 2006 modded Vette at $42k and my yearly cost is $700. Thanks for your help everybody!
The following 2 users liked this post by c6 monkey:
Adam Boca (10-01-2018),
corvettemuseum (10-01-2018)