I currently have my 2007 Vert with State Farm and my 68 GTO with JC Taylor. The policy on the Vette is set to renew in about a month so I called to get a quote from NCM. I used the automated system and was transferred to American Modern Insurance Group. The quote for the Vette was really good, and the one for the GTO was less than I'm paying now.
I'm looking for anyone that has any experience with the NCM Insurance. Are all of their policies put through this third party company? What are your experiences with them? How are they with claims?
I did a google search for complaints and found a few things that I didn't like that made me a little nervous. I also realize that these can be isolated incidents as told by disgruntled people who are just posting one side of a story. All the same, I'd like to get a little more info before I put my cars with this company. it would be nice to save some money, but not at the expense of having to worry about things.

 

I got the insurance via the NCM lat year, never had a claim, in fact i have not had any claims on my cars in 18+ years. So i can't say how they are, but it does go through that other company. You can call the NCM and ask to speak to Adam if you need to.

 

Been with them only a month so I have not had a claim. Price was very good and yes they go through a third party. I believe it has something to do with those of us who live in New York.

 

I googled the name of that third party company and came up with a couple of horror stories. Realizing that it could just be the vocal few that post, as people who get what they expected are less likely to write about their experience, I was hoping to get a little feedback from anyone that might have had to put in a claim.
I still have a couple of weeks to decide, but I am a bit nervous about it.
Some of the things I found online are stories where they do whatever they can to not pay a claim.
Saving money is usually a good thing for me, but not when the price is loss of peace of mind.
I think I can live within the traditional restrictions that come with these type policies since I've been doing it with the GTO for almost 15 years, so that isn't too much of an issue.
I just don't want to have to worry about fighting with them when they are being unreasonable about what I was doing, or where I was doing it, in the event that I have to put in a claim.
I've checked with JC Taylor in the past and they were reluctant to write the Vette (because of it's age) unless it was part of a collection of them. Even if they were to write it the price for the agreed value would be about what I was paying State Farm for a traditional policy.
I checked with one of the other "specialty" companies a year or two ago and their price was about the same as JC Taylor for the Vette (around the same as State Farm), and their price (the other specialty comapany) for the GTO
was also about the same as JC Taylor. That led me to believe that most specialty companies are all around the same price, if not underwritten by the same people.
Meanwhile, the company that I was steered to by the NCM was several hundred cheaper on the Vette, and about 25% cheaper on the GTO for identical coverage. That kind of raised me up a bit.
If it's a good deal, I'm all for it. But sometimes a deal can be just too good to be true.

 

I've had mine insured by the NCM (AMH) for over a year. Good service with Adam at the NCM but have not had to deal with a claim (yet).

 

Thanks! That's been the general response.
It doesn't surprise me that the service from Adam at the NCM has been good because they are a first rate operation. My dealings with them during the Buyer's Tour and my two visits there have been excellent.
I would feel a lot better about going with this company if I got some favorable responses from people who have had to put in a claim with them. But so far I haven't gotten any so the only thing I have to go on is the negative stuff I uncovered on the internet.

 

John, my personal recommendation (I have been an insurance adjuster as well as an agent) is Grundy Insurance - they are based out of Philly. Yes I have had my car insured with them and absolutely no one can beat their rates. I never had a claim but I know several people that did and their claims handling was first rate! You can get yourself an online quote for both cars and the best part........NO MILEAGE LIMITATIONS!!!

Good luck!

 

Thanks Deb! I'll give them a try.
I tried them once before and they were about the same as what I'm paying State Farm for the Vette with a regular policy and JC Taylor for the GTO.
It's worth another try though.
JC Taylor doesn't have a mileage limit either. Their two big ones are not using it for work (need proof of DD) and basically don't let it out of your sight.
I don't use the Vette to commute to work, although I have been known to take it on a ride out east on a nice day to get a statement at someone's house once or twice. I don't take it to go shopping at the Mall either. I might run in to a store for a few minutes, but that isn't a problem with them.
Neither of the restrictions have been a problem for all the years I've had the GTO with them. But they didn't want to write the Vette, because it is too new, unless I can show it's part of a collection.
That's what got me thinking about the NCM insurance so when I happened to be there a couple of Sundays ago I picked up a brochure and called about a price when I got home.
I was transferred to a third party company that I'd never heard of in all the years I've been involved in the collector car hobby. Their price ws great on the Vette so I asked about the GTO. Their price was about 25% lower on the GTO which sounded good, but it got me thinking so I started doing a little research on the internet. I found some horror stories.

 

I just remmbered that JC Taylor is in PA too. I wonder if the two are related..................

 

The Grundy insurance that we have on our older Vette is written by Philadelphia Indemnity. No experience with claims but the price is certainly right!

 

I have an 08 with very little milage,so who did you go with,Seems you couldnt find the answer to your question here.I also have the same concerns about possible claim problems...please let me know..thanks

 

When I priced it all out the savngs didn't make it worth making a switch this year so I kept the Vette with State Farm and the GTO with JC Taylor.

 

I have experienced the same thing each and every time I take the time to go shopping for insurance whether it be for the house (even AARP is underwritten=The Hartford) and when comparing apples to apples my Grundy policies can't be beaten. I believe one of the reasons is a "Loyalty Discount" that any of the advertised bargain policies can't touch. I've tried 3 or 4 collector car insurance providers, but they've never saved me anything compared to my Grundy and usually have restrictions that don't please me. Sometimes "The grass really ISN'T greener."

 

I switched to NCM this year, there was a good discount for having 3 vehicles on the policy. Bobbie Jo and Adam at NCM were very helpful with the paperwork etc.

Previously the camaro was with Grundy and the vettes were with my daily driver policy.

 

Just to update an old thread:
Last summer I made the switch to Grundy. They wrote both the 68 GTO and the C6 for what was the lowest price (although not by that much) of all of the companies I checked with. Since the price difference wasn't all that much, the deciding factor was more the positive feedback I got about them.
Glad I made the switch.

 

Everyone is happy with their insurance company until they have to make a claim. I'm happy to see no one here has had to do that.........

 

I have Grundy and have made two separate claims. One was for undercarriage damage from bouncing rocks on the road... the other was a "hit and run" in a parking lot (out of state) and they paid both claims fully and promptly. They are great to work with and the auto body shop knew the adjuster and assured me there would be no problems. He was right!

 

I also had a club member insured by Grundy, curb their own wheel and tire. Grundy paid the claim (new OEM wheel, new tire) and suggested the member get the car aligned on Grundy's dime! I have Grundy Worldwide, but have never submitted a claim to date (where's my piece of wood to knock on?)

 

did you try your head

 

May have to look into Grundy for a quote on the Vette. Thanks for the reviews on the various insurance options out there.