Modified car insurance
Thread Starter
Speedy
Joined: Mar 2007
Posts: 6,110
Likes: 931
From: Tn
2024 C8 of the Year Finalist - Modified
Modified car insurance
Who are my CF friends with modified cars using for insurance. Current policy won't allow agreed values.
Not interested in track coverage, that's on me. Just want protection if say a drunk driver t bones me at an intersection.
Thanks
Not interested in track coverage, that's on me. Just want protection if say a drunk driver t bones me at an intersection.
Thanks
Burning Brakes
Joined: Aug 2008
Posts: 855
Likes: 35
From: Katy/Houston Texas
I don’t have any of mods insured so I can’t help out there, but I can tell you that if you have State Farm or Safeco do not tell them the car has been modified. They will drop you in the blink of an eye. Been there done that got the t shirt.
Burning Brakes
Joined: Sep 2012
Posts: 884
Likes: 301
From: KCMO
Grundy will do it. I insured a 2010 5th Gen Camaro for an agreed upon value of $50,000. I had to provide receipts showing what all was done to it and after I provided them, they granted me a policy. Then I sold it and bought a ZR1. No questions asked when I gave them the value I wanted it insured for.
Team Owner
Joined: Nov 2007
Posts: 24,035
Likes: 2,342
From: Gilbert AZ
Just switched to American National. No issues signing up, but only been with them for 2 months, so can't really comment on anything besides price was same as geico for normal insurance, but now I have stated value and all mods covered.
Race Director
Joined: May 2004
Posts: 16,667
Likes: 1,209
From: Raleigh, NC
St. Jude Donor '15
Friend of mine uses Grundy, they allow agreed upon values and he's had a claim or two and they've paid. I've never personally used them because my car isn't worth enough to bother.
Instructor
Joined: May 2015
Posts: 171
Likes: 68
I have USAA
I know it's not a Corvette, but my last car was a heavily modified 5th gen Camaro. 800whp 416ci with an f1-a procharger
I was in an accident where it was deemed my fault (and not gonna argue about it, I did something stupid), the car was totalled
USAA gave me an initial estimate of value when they totalled it. Once I presented them with all of the receipts from the build, they ran some comps and the adjusted the "salvage value" to a very reasonable level. I accepted their offer.
I never told them the car was modified until the accident, and it was a bit of back/forth to get it all handled, but at the end of the day I was not disappointed in the agreement that we reached.
I know it's not a Corvette, but my last car was a heavily modified 5th gen Camaro. 800whp 416ci with an f1-a procharger
I was in an accident where it was deemed my fault (and not gonna argue about it, I did something stupid), the car was totalled
USAA gave me an initial estimate of value when they totalled it. Once I presented them with all of the receipts from the build, they ran some comps and the adjusted the "salvage value" to a very reasonable level. I accepted their offer.
I never told them the car was modified until the accident, and it was a bit of back/forth to get it all handled, but at the end of the day I was not disappointed in the agreement that we reached.
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
Race Director
Joined: Dec 2005
Posts: 11,893
Likes: 107
From: God's Country, ID
Not near as many restrictions as other ins companies and it's fairly reasonably priced considering.
I just gave them the amount I wanted to insure for and they provided a quote/policy. No receipts for parts etc needed.
Last edited by DSOMC6; Feb 8, 2021 at 11:22 PM.
Burning Brakes
Joined: Sep 2012
Posts: 884
Likes: 301
From: KCMO
I asked Grundy about mileage limits and they said they had none. Their reasoning was some owners want to drive their cars to shows and the shows could be anywhere in the USA. That was a few years ago but I have seen nothing in my policy that has changed. I originally had Hagerty for my 69 camaro. When it came to renew, I started researching and found Grundy had the same coverage but was less per year.
I made one claim with Grundy for my ZR1 and it was handled quickly and efficiently and I have no complaints.
I made one claim with Grundy for my ZR1 and it was handled quickly and efficiently and I have no complaints.
Race Director
Joined: Oct 2005
Posts: 14,555
Likes: 1,255
From: Saint Albans, WV
I asked Grundy about mileage limits and they said they had none. Their reasoning was some owners want to drive their cars to shows and the shows could be anywhere in the USA. That was a few years ago but I have seen nothing in my policy that has changed. I originally had Hagerty for my 69 camaro. When it came to renew, I started researching and found Grundy had the same coverage but was less per year.
I made one claim with Grundy for my ZR1 and it was handled quickly and efficiently and I have no complaints.
I made one claim with Grundy for my ZR1 and it was handled quickly and efficiently and I have no complaints.
Instructor
Joined: Nov 2016
Posts: 214
Likes: 46
Hagerty has agreed value based on annual miles driven for modified cars.
Not near as many restrictions as other ins companies and it's fairly reasonably priced considering.
I just gave them the amount I wanted to insure for and they provided a quote/policy. No receipts for parts etc needed.
Not near as many restrictions as other ins companies and it's fairly reasonably priced considering.
I just gave them the amount I wanted to insure for and they provided a quote/policy. No receipts for parts etc needed.
Last edited by yip; Feb 9, 2021 at 03:21 AM.
Race Director
Joined: Oct 2005
Posts: 14,555
Likes: 1,255
From: Saint Albans, WV
Race Director
Joined: Dec 2005
Posts: 11,893
Likes: 107
From: God's Country, ID
I also recently insured my Z through Hagerty but apparently the program is different now. I had to list my modifications and after they reviewed they came back to me with a drivers resume form I had to fill out. After a little back and forth In the end we did an agreed value of $50k for my 08Z for $120 a month with $500 deductible. Mileage restriction is 1,500 miles per year.
$748/yr
$30k Guaranteed value
$500 ded
No mileage limitation listed
Thread Starter
Speedy
Joined: Mar 2007
Posts: 6,110
Likes: 931
From: Tn
2024 C8 of the Year Finalist - Modified
Hagerty has agreed value based on annual miles driven for modified cars.
Not near as many restrictions as other ins companies and it's fairly reasonably priced considering.
I just gave them the amount I wanted to insure for and they provided a quote/policy. No receipts for parts etc needed.
Not near as many restrictions as other ins companies and it's fairly reasonably priced considering.
I just gave them the amount I wanted to insure for and they provided a quote/policy. No receipts for parts etc needed.
Trying Grundy tommorrow
Racer
Joined: Aug 2018
Posts: 458
Likes: 96
I have USAA
I know it's not a Corvette, but my last car was a heavily modified 5th gen Camaro. 800whp 416ci with an f1-a procharger
I was in an accident where it was deemed my fault (and not gonna argue about it, I did something stupid), the car was totalled
USAA gave me an initial estimate of value when they totalled it. Once I presented them with all of the receipts from the build, they ran some comps and the adjusted the "salvage value" to a very reasonable level. I accepted their offer.
I never told them the car was modified until the accident, and it was a bit of back/forth to get it all handled, but at the end of the day I was not disappointed in the agreement that we reached.
I know it's not a Corvette, but my last car was a heavily modified 5th gen Camaro. 800whp 416ci with an f1-a procharger
I was in an accident where it was deemed my fault (and not gonna argue about it, I did something stupid), the car was totalled
USAA gave me an initial estimate of value when they totalled it. Once I presented them with all of the receipts from the build, they ran some comps and the adjusted the "salvage value" to a very reasonable level. I accepted their offer.
I never told them the car was modified until the accident, and it was a bit of back/forth to get it all handled, but at the end of the day I was not disappointed in the agreement that we reached.
Burning Brakes
Joined: Sep 2012
Posts: 884
Likes: 301
From: KCMO
Bored at work and called Grundy and was assured there are no mileage limits in their policies. He did specifically mention CA as on the CA application, there are annual mileage boxes to choose from. He said these are only to determine a rate and are not limitations.
Like many here, I do not put many miles on the car at all. As in just over 7k in 3 years of ownership so it really doesn't matter.
Like many here, I do not put many miles on the car at all. As in just over 7k in 3 years of ownership so it really doesn't matter.
Last edited by Rokket; Feb 10, 2021 at 04:28 PM.
Thread Starter
Speedy
Joined: Mar 2007
Posts: 6,110
Likes: 931
From: Tn
2024 C8 of the Year Finalist - Modified
Got quoted 2500 a year for 200k. Full coverage and no limit to mileage.
No problems with nitrous, just have no coverage if I spray and crash, very fair.
Filling out application next.
No problems with nitrous, just have no coverage if I spray and crash, very fair.
Filling out application next.
