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Posted by: nomore9one4 Feb 3 2015, 06:40 PM

I got a quote online from Hagerty for a Prostreet car I am purchasing or considering purchasing.. Anyhow, The minimum they will insure it for is $25000.. Is this a new policy for them..When I had my 914's I only insured them for $5000. It cost me about $95 a year..... With $25000 insurance on a vehicle that is only worth $8000 is insane.. They want $550 a year! I am sorta guessing they only want to insure higher dollar vehicles now.. Has anyone else noticed this or am I on their "List"?

Posted by: KELTY360 Feb 3 2015, 06:42 PM

I'm guessing the Prostreet car falls into a different category than their collector car insurance.

Posted by: nomore9one4 Feb 3 2015, 06:45 PM

Good Point Marc...However, I don't understand why they would give you $25000 worth of insurance on a car only worth $8000

Posted by: nomore9one4 Feb 3 2015, 06:49 PM

I could buy it ...Have a really bad day with it , but triple my investment at the end of the day... Doesn't make sense..

Posted by: messix Feb 3 2015, 06:59 PM

have you sent them pictures of the condition of the car?

what car is this?

when they hear "prostreet" they are thinking a full custom back halfed car. these are not cheap to build or buy.

Posted by: messix Feb 3 2015, 06:59 PM

nice.... double post

Posted by: Mark Henry Feb 3 2015, 07:05 PM

Try a telephone.

Often a real person has better understanding of what you want.

Posted by: Big Len Feb 3 2015, 07:16 PM

Very good representatives on the phone.

Posted by: matthepcat Feb 3 2015, 07:42 PM

I have Hagerty for my 6 conversion.

$120/year.

They didn't even care that it was missing an odometer when I insured it, or that it looked like a race car.

Posted by: nomore9one4 Feb 3 2015, 07:45 PM

I would have called when I was ready to purchase.Going a different route now.... On the get quote form on their website it ask asks how much do you want to insure it for. I put in $8000 and it has a pop-up that says the minimum to insure is $25000. I don't care if it cost Cost $100000 to build, if I only paid $8000 for it that is all I would expect to recover if I would have a loss... I guess I am the only one who finds this ridiculous... I will have this moved to Scotty B's thread of ridiculousness!

Posted by: thelogo Feb 3 2015, 07:47 PM

Haggerty are total dushbags

Imho

According to them you are only allowed to goto car shows ... Any place else and your not covered



I personally use Grundy worldwide , there affordable , they insure d me for 5k which is what I paid for the teener . 1 yr full coverage ,116 bucks .


And if I want to drive it to work no problem. Or to my rec league volleyball and basketball games no problem. Or if I pick up a chick and take her to a bar ,no problem



Haggerty is only for schmucks who need to be told when where and how far they can drive there cars.
I mean if I wanted that I'd get a wife ...



I know 914's are not grocery getters but haggerty has some balls trying to infringe on my personal
Freedom s

Where do I drive , non of your damn biz
How far do I drive . Same answer ...

" Dennis Leary " from demolition man .

Know it live it


http://youtu.be/gMI_26oljqs

Posted by: patssle Feb 3 2015, 07:49 PM

Not possible with just one car. I've emailed any and every company that offers agreed value....none of them allow for daily driving. Grundy requires 3 cars to be under their insurance if you want to DD it.

Posted by: nomore9one4 Feb 3 2015, 07:50 PM

Thanks for the reply! My 914's where the same way..They asked how much do you want to insure it for?? I said $5000 and they sent me a bill for $95 the first year and I think it went up about $5 each year after... That was a few years ago so I was thinking maybe they do not insure lower priced vehicles any longer.. I know!!!!! Call them!

Posted by: thelogo Feb 3 2015, 07:59 PM

Daily driving is open to interpretation , but I know they told me no mileage limitation " Grundy "

I certainly did not discuss " daily driving " but my odometer is also busted .

Posted by: GeorgeRud Feb 3 2015, 08:12 PM

Has anyone had any experience with the LeLand West policies that are tied into PCA?

Posted by: patssle Feb 3 2015, 08:15 PM

I wish I could use them but nothing would suck more than to get into an accident and not be covered driving to work. From their qualifications PDF:

Eligibility Requirements for Program
1. All vehicles must be used and maintained for hobby purposes and exhibition,
and not for racing, rallying, general transportation, or backup
transportation.
2. All household operators must have a different vehicle insured for daily use.
7. Cobras, Porsches, and Ferraris require the potential insured to provide an
explanation of past driving experience with super high performance sports
vehicles and their state MVR submitted with the application.
9. Corvettes, Porsches, Ferraris and other Exotics 1974 or newer are not
considered unless part of a “collection” of collector vehicles or are legitimate
collectable show cars (not show off cars).

Posted by: thelogo Feb 3 2015, 08:16 PM

I can be just as big a bastard as those insurance outfit s


http://youtu.be/NZeCgMpLwnU

Posted by: thelogo Feb 3 2015, 08:20 PM

[quote name='patssle' date='Feb 3 2015, 06:15 PM' post='2142123']
[quote name='thelogo' post='2142115' date='Feb 3 2015, 05:59 PM']

Daily driving is open to interpretation , but I know they told me no mileage limitation " Grundy "

I certainly did not discuss " daily driving " but my odometer is also busted .
[/quote]

. From their qualifications PDF



Please clarify their meaning haggerty or Grundy

Posted by: jim_hoyland Feb 3 2015, 08:31 PM

My Haggerty policy state that the car is used for pleasure only; no other conditions nor additional stipulations. I had to show evidence of owning another car that would be a daily driver. That was it.

Collectors car insurance is a low risk proposition ?


Attached image(s)

Posted by: Big Len Feb 3 2015, 08:32 PM

Your statements are not the facts.

On Hagerty site -Flexible Usage
Our policy allows you occasional pleasure use, so you can go for a weekend cruise or attend unlimited events with no fixed mileage restrictions**.
** Occasional pleasure use does not mean use for daily driving to and from work or school, routine shopping, etc.

Posted by: nomore9one4 Feb 3 2015, 08:35 PM

I just checked with Grundy and got a quote for $117 with a $8000 value.... They do have daily driver/collector car rates aswell... Didn't check on the daily driver rate.. I been with Erie since 1988 and they treat me well.

Posted by: mepstein Feb 3 2015, 08:35 PM

been really happy with american family classic. Just sayin...

Posted by: patssle Feb 3 2015, 08:36 PM

Grundy



But not daily driving.

Posted by: thelogo Feb 3 2015, 08:39 PM

Nothing personal to anybody but we might as well be in 2 different worlds

Teener in so cal , slow la

And

East coast


So not all things are equal







But the stuff I said reguaring no mileage limitations

Are grun dee

Posted by: thelogo Feb 3 2015, 08:41 PM

Pleasure only ,Grundy
That's why I love that guy

I'm all pleasure ...
When I'm driving the 914 I'm up for any thing

Posted by: thelogo Feb 3 2015, 08:45 PM

I'm self banning myself from this post to

Bias

Posted by: messix Feb 3 2015, 09:06 PM

this guy ^ and Freaky9..... where the hell do they come from... or what are they on ?

Posted by: JRust Feb 3 2015, 09:20 PM

I have always used Hagerty & been happy with them. In the 10 years I've used them I have had the one claim recently. They have paid on everything with it so far. I'd have no problem recommending them to anyone. While I can't use it for work. I can drive it for pleasure & do a lot. The car shows I go to usually net me a couple 1000 miles too

Posted by: Big Len Feb 3 2015, 09:20 PM

The local rehab center?

Posted by: nomore9one4 Feb 3 2015, 09:38 PM

I had Hagerty for about 8 years and had no problems with them.. I would love to keep using them but I just cant see over paying for something I don't need.

Posted by: 72 IXXIV Feb 3 2015, 09:47 PM

I had the same issue with Hagerty. I will use my 914 very rarely but when I do use it I want to use it however I want to I was told by the representative at Hagerty that if I used it to say pick up my daughter at school or go to work one day and that would not be covered. My barely-ever-driven the car is a low risk no matter how you slice it, but I don't want them denying my claim because I picked up a gallon of milk.

Or at least that's what I was told by two of their representatives on the phone. Maybe they just say that to scare people like me off.

Posted by: Steve Feb 3 2015, 10:17 PM

I had Hagerty, but killed the policy while the car was apart. Now they won't insure me because my kids are now driving and I do not have a car for each driver other than the 914. When I grew up I shared a car with my sisters. Ridiculous....

Posted by: bandjoey Feb 3 2015, 11:57 PM

=========================

Seems like you must be thinking about some other insurance company or you're misinformed. Haggerty covered the amount we agreed on when I called them for $154 / $15,000 a year. Drive anywhere. Drive anytime. Unlimited mileage. Covers towing too. Covers tools. The only requirement is to have a second car and keep the teener in a garage. Maybe the valuation for megacars is different but for my declared replacement value I couldn't be happier.

I'm sure someone somewhere has had trouble with any insurance company but Haggerty treats me better than any other quote and service I could locate.

Posted by: ndfrigi Feb 4 2015, 01:20 AM

I have the same details above $15,000 coverage guaranteed except my dues is $189 per year for my 75 1.8F.I. For the last two years.

Posted by: Philip W. Feb 4 2015, 07:08 AM

I switched to Haggarty after having my car for 2 years with Progressive-which cost me $1000/year and only insured for whatevery they could total it for, book value 6 years ago was maybe $2500- which is what i paid for the car.
When i switched i pain $100 a year but valuation was lower too i think $5000 . Only stipulation was not daily commute, have a second car atleast 5 years or newer and be garaged. I have a 2 point ticket from 2 years ago and that cost me a bit now with the regular insurance but did not change my coverage cost with Hagarty at all.

This year i modified the contract, well that was a year ago now. I have full coverage, and since we have 4 other cars they only asked if it was garaged and either my wife or my 23 year old son can drive it. $249 / year and i have $12,000 coverage on the car. Also unlimited milage and not just to shows, any "pleasure", so i could drive out to Route 66 if i wanted to meet up , or go to Hershey, or take a stroll with the wife to some outlet shopping, or as i did last weekend, take my 10 year old out for a daddy-daughter drive shop etc. Yes, i am paying $100 more than the year before - but for a whole year, increased coverage etc, i think its a great deal. This time they did not even ask how many miles or years on the other vehicles , just that we had more than one other vehicle. But we have a Jag Vandenplas with 80k miles, a navigator with 150kmiles(that normally sits in the driveway), and a Montero with 170k miles that our 2 oldest share(both in college here locally and living at home) . Last year when i changed i also had a Boxster that was my dd, but sold it and replaced it with an Audi tt as a dd . My biggest complaint is paying progressive $150 a month just to have my 18 year old daughter on the insurance as a full time drive!. ouch!( my son only cost $45/mo) -

at this point i cant see any reason to change from hagarty

Posted by: nsyr Feb 4 2015, 07:20 AM

I use SafeCo. $150/yr for car valued at 10k.

Posted by: gfg3 Feb 4 2015, 08:25 AM

Perfect timing for this thread! I'm getting ready to have a '75 1.8L delivered and have been scoping out insurance. Actual dollars of course depend on coverages selected (mileage, liability, comprehensive, etc.), but for identical coverage Hagerty quoted me about $40 less for $14K coverage than American Collectors. I haven't spoken to Hagerty in person but I have spoken to American Collectors. Their quote is for their "Freedom Tier" under which you must pay for 7500 miles but it allows "general transportation on occasion"; this includes occasional trips to the gym, golf course, restaurants, other errands, etc. according to the American Collectors agent.

I'll try to get a real person at Hagerty to confirm (or deny) occasional use and its limits. Based on this thread I'll check out Grundy too.

George

Posted by: ripper911 Feb 4 2015, 09:41 AM

I drive my car every day, so, no collector insurance for me.

How many old Porsches does it take to have a collection?

Posted by: blitZ Feb 4 2015, 09:45 AM

I'm a little miffed with Hagerty. I bought a used Boxster and added it to my Hagerty policy. I picked up the Box in SC, drove back to GA, only to find Hagerty had changed their mind and chose not to insure it. Nice, drove 200+ miles with no insurance. My ex-wife was still listed as a driver on my Hagerty policy. The only way to remove her was to send Hagerty my divorce papers. Really?

I'm going with Leland West with both P-cars. Good rates and fewer rules.

Posted by: Jeff Bowlsby Feb 4 2015, 12:17 PM

JC Taylor is the secret. Excellent service, low rates, declared value. Few limitations other than a locked garage.

Posted by: Kansas 914 Feb 4 2015, 12:31 PM

Thanks Jeff - I started looking and saw this. It is the first box you must check at JC Taylor - before getting a quote:

I agree that my vehicle(s) will be used mainly in exhibitions, club activities, parades and other functions of public interest and will not be used primarily for the transportation of passengers or goods.


How strict is this?

EDIT: I looked further and it would appear my flared 2143cc 914 would not be original enough?



Am I Eligible?

A few basic requirements must be met.

To qualify for the Antique/Classic Auto Insurance Program, vehicles must be at least 19 years old*, and:
##Factory original; i.e. there should be few changes from the factory original specifications.
##In good or restored condition.
##Be kept in a fully enclosed, locked garage.
##Be used primarily as hobby vehicles: used in exhibitions, club activities, parades, or other functions of public interest. An occasional nice day drive to keep the vehicle in running order is perfectly acceptable. ##We do NOT impose a mileage limit on our Antique/Classic Auto Insurance Policy. However, we do use a very reasonable underwriting limit.
##Club affiliation is not required.

Posted by: Jeff Bowlsby Feb 4 2015, 12:38 PM

The word "primarily" is the key. They are not strict on exclusive use just for shows, club events. They have no mileage limitation. If its agarage queen that's their intent, does not need to be factory stock.

They offer an Antique/classic policy and a hot rod policy. Perhaps yours is more of the hot rod?

Posted by: Big Len Feb 4 2015, 05:24 PM

jEFF - IIRC, I went to them first before Hagerty. They required about 10-12 days of paperwork exchange/verification before insuring the car. I couldn't wait that long because I was picking the car up in two.

Posted by: bandjoey Feb 4 2015, 06:24 PM

I called H. Got the quote. Gave them my card for payment. Emailed 2 pictures of the car. Had my binder and insurance cards in 1 hour about.

I don't work there so it's just my story. but it was hassle free to get the coverage. Cheap with agreed amount. So I'm happy. Drive anywhere I want yo go. I drive to work about 2x a month just for fun. (Don't tell em). The fact that I have no accidents, 3 other cars insured, old guy driver all effects rates.

Posted by: Jeff Bowlsby Feb 4 2015, 07:30 PM

That may be your perception but that's not my real world experience. I have been with JC Taylor since about 2004.

I have a 928 (:gasp!:) that I had on State Farm for a year ($600 annual premium for depreciating coverage), that I wanted to switch because I don't plan to drive it much near term. I called them, faxed them the info and emailed one photo. A couple days later I had a temp card, even before they sent the bill a couple weeks later. ~90 George Washingtons a year for 9K stated value coverage.

A couple years ago I had a small claim on another P-car I have with them. No hassle, no issues, great service.

Posted by: Ferg Feb 4 2015, 07:38 PM

Hagerty for me all the way.

I've had them from the start of the hobby, but I admit have never filed a claim.

The big reason I like them is the Company as a whole. They put a ton of resources back into the collector car hobby. They are high on the list of great places to work for, I have heard first hand it's true. They are always at events, and many of the staff are true car people, participating at many of the events throughout the year.

They care about the hobby in general and they show it.

Posted by: Amphicar770 Feb 4 2015, 09:15 PM

I've been with Hagerty for many years and give them top marks. I have had to file a claim with them (not on a Posrche) and the service was top notch, no cutting corners, they were totally committed to having the repairs done properly.

Hagerty is a bit weird and inconsistent sometimes around the rules for coverage. I have a Peugeot MI-16 which they told me was not eligible for coverage. I pointed out that they provided coverage for many years on this exact same vehicle to the person I bought it from (who I also referred to them). All of a sudden it then became that my son is under 21 and his car is more than 10 years old (even though it is low mileage and perfect). I pointed out that he is already excluded from coverage on any of the 4 other vehicles I already have insured with them. The rep just started tap dancing and I got nowhere.

Another up and comer, with very good feedback, is the program from Barrett Jackson thru TDC. They have the most reasonable rules around regular usage that I have come across.
http://tdcriskmanagement.com/?page_id=1610
They were willing to cover my XJR and the Peugeot but then would not cover my Amphicar for use in the water as Hagerty does.

Cost is important but make sure whoever you use has a reputation for being there should you ever need to place a claim.

Posted by: partwerks Feb 4 2015, 11:00 PM

Unless they are checking the odometer, or spying on me, how do they know how much I am driving it??

Posted by: 72 IXXIV Feb 4 2015, 11:06 PM

If you get into an accident coming from work, or picking up a gallon of milk, etc. They could deny your claim.

At least that's what they told me.

Anyone have any stories of actually bumping up against that rule?

Posted by: bandjoey Feb 4 2015, 11:35 PM

I was on the way home from my mechanic whom gave me a bottle of milk for my hungry cat when all of a sudden the tree jumped out and hit me

Posted by: somd914 Feb 5 2015, 06:02 AM

I insure the teener and 84 Carrera with Hagerty. I am not restricted to just car events, etc. so running errands, going to dinner, etc are fine. Rates appear to be in line with all the others I received quotes from.

The big issue for me is that Hagerty is the only one I've found who will insure our sons (20 and 22). The others I've looked at including JC Taylor require all operators (not just the policy holder or declared drivers) must have X number of years of driving experience (typically 7-10) or be over the age of X (typically 25).

Hagerty will not insure our Lotus Elise however - for exotic cars they require all dailys to be less than 5 years old, but I have found others with similar restrictions. Our dailys are older than 5 years.

Posted by: Big Len Feb 5 2015, 08:08 AM

Here's the problem with Taylor and it's not my perception.

They will not insure a newly bought car until you get it home. If you're driving or transporting from let's say another state, you have to go through your DD insurance until the car is back.

From there, you must fill out the application pages and MAIL (cannot do this online) it to them along with a pic of the car. Once delivered to them by snail mail, it will take a couple of days for them to process. How do I know this? I just called them to see if my memory was correct.

Hagerty will insure the car same day with the application being taken over the phone or online. They will insure the car while it is being transported or driven until it arrives home.

This is not an insurmountable problem, but it is more of a hassle. Like I said, I called Taylor first because of the good things I've heard about them, but the inconvenience and a similar quote led me to Hagerty.

Posted by: gfg3 Feb 5 2015, 11:36 AM

OK, I just got an email back from Hagerty about their quote for my soon-to-be-delivered '75. I told them that my car will definitely not be a DD, but I might want to use the car occasionally to get a haircut, go to the gym, go shopping, visit friends, and similar errands, or also just go for a nice drive.

Their response was that this usage is not something that they consider collector usage, and that means it's not something that will qualify with them.

I like Hagerty and what it stands for, and maybe they have different rules for different parts of the country and/or cars, but based on this I guess I'll look somewhere else even if I have to pay a little more.

George

Posted by: stugray Feb 5 2015, 11:54 AM

WOW!

The misinformation on this thread is strong.
I will go back and look over all of my paperwork with Haggerty, but when I got my coverage it was made very clear that:

My 71 914 is a Vintage Race Car that is street legal.
It will be driven on the street ~200 miles per year.
It will be towed to the race track and garaged 100% of the time it is not at the event or being "daily driven".
I have teenagers with driver's licenses, but I have more than enough OTHER vehicles for everyone, and no-one else drives the 914.

They insured the car 110% (they cover spare parts if transported with the vehicle) for loss during transport or in storage and 100% liability.
It is even insured if a fire breaks out in my garage during the "resto".

It is NOT insured WHILE RACING or DURING THE EVENT if I am participating.
It IS insured during transport to/from the event.

I stated the vehicle value at $20,000 and it costs me ~$350 /year.

Now with all that said, I will go review my documentation to make sure I am not remembering incorrectly.

Posted by: john77 Feb 5 2015, 11:57 AM

I've been following this thread with interest. Great to finally get a definitive answer from the horses mouth. This was exactly my experience with Hagerty and a number of other insurers.

I have a DD, but they would only cover the 914 for shows/pre-defined occasional use, which bothered me as I wanted the freedom to drive it without worrying if I was definitely covered.

A guy I was working with who had a beautiful old mustang recommended ANPAC to me and I now have my 914 and 2002 insured through them. On the stipulation that I have a 'main car' (02 Subaru), I can drive my other cars whenever and wherever I want [not including track use, obviously], even to work every single day if I want to. The only downside is that my Subaru's battery is now dead from lack of use .

It seems that the one truth coming out of this thread is 'double check for yourself.' I don't really care what coverage someone else is getting, or thinks they're getting, I care what I am definitely getting, and it only takes a phone call to verify that.

Posted by: Big Len Feb 5 2015, 03:04 PM

John - Agreed and that's the key here as buying any insurance; medical, life, whatever. Make sure it fits your lifestyle and your budget. But don't forget the details and shopping around and asking around makes you a better informed customer.

Posted by: somd914 Feb 6 2015, 06:45 AM

It's been a while since I actually read all the policy documents. From Hagerty's Classic Automobile Policy document (14 pages long) which is not marked as an exclusive Maryland document unlike like several others that comprise our policy:

"Classic vehicle" means a motor vehicle of unique or rare design and of limited production that is an object of curiosity and:

1. Is maintained primarily for use in car club activities, exhibitions, parades, other functions of public interest or for a private collection; and

2. Is used only infrequently for other purposes.

I see no mention of mileage limitations mentioned in any of the documents.

Given the large amount of documents (typical of all insurance), the varying policies dependent on car types and locations, I doubt seriously that the sales reps can positively describe the policy to potential customers. You are likely better off asking for policy documents to review before jumping in.

Posted by: stugray Feb 6 2015, 07:33 AM

Perhaps they give some leeway based on the State's definition of "Classic Car".

My car is designated as a classic car by the CO and has plates that say so.
Maybe they defer to the State's definition?

Or maybe when I stated I would drive my car "less than 200 miles per year on the street" that fell under some limitation that is not explicitly stated anywhere?

Posted by: GeorgeRud Feb 6 2015, 08:49 AM

As insurance is regulated on a state to state basis, checking the actual policy that is in effect in your individual state would be prudent. I've heard good things about Hagerty, and obviously they're under pressure to keep good press as they do serve a very niche market. After storms took down show tents a few years ago at the Scottsdale auctions, all the classic car insurers did what they could to make their customers whole.

You have to be fair and not insure a car you use all the time as a classic and follow your policy's terms - it's a contract.

Posted by: Amphicar770 Feb 6 2015, 02:54 PM

As I said earlier, for flexible use policy check out the classic insurance program from Barrett Jackson thru TDC. They have the most reasonable rules around regular usage that I have come across and I looked very closely at all the names in above posts.

http://tdcriskmanagement.com/?page_id=1610

Posted by: 72 IXXIV Feb 6 2015, 04:15 PM

My experience exactly.

Posted by: smveril Feb 8 2015, 10:11 AM

I had a similar experience with Hagerty. I drove my 914 on a 65F day in December and was hit by a 16 year old. Hagerty dropped me.

Mike

Posted by: JmuRiz Feb 10 2015, 01:44 PM

Unless you have an experience like my brother with his 1985 930.
It was a grey market car that was federalized and it fully approved, BUT they will not let the valuation be like the 1986 car because "a 1985 930 does not exist in the USA".

Any ideas how to handle this, or suggestions of other insurers that are more in tune with actual collector cars and not what their database/speadsheet show as cars in America.