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914World.com _ 914World Garage _ How do you Insure your 914?
Posted by: goberserk Jan 8 2006, 09:22 PM
My dad just came into a 914 like this:
http://www.914world.com/bbs2/index.php?act=ST&f=2&t=43536
I was wondering how people normally insure thier 914s. I've seen insurance companies specifically for collector cars. Since his is mostly restored I worry that normal insurance won't cover it for the proper amount. It won't be his daily driver and it's pretty nasty in NH in the winter so he'll only be driving it in the summer, so it won't see too many miles.
Any suggestions?
Posted by: messix Jan 8 2006, 09:27 PM
hagerty collector car ins. agreed value $6,000- $90.00 a year.
Posted by: r_towle Jan 8 2006, 09:28 PM
get a declared value policy...haggerty does this...it is on top of your liability insurance...
the delcared value is done by a proffesional porsche appraiser, and its based upon how you plan to drive the car...
have your Dad check out www.porschenet.com
Or look on the PCA.org web site for both the Northeast region, and the North Country Region.
There are alot of 914's in this area and many events that he would like from shows, rallies, autox, and track events...
Rich
Posted by: Rrrockhound Jan 8 2006, 09:28 PM
Collector car insurance usually has pretty tight mileage restrictions (like 5000 mi/yr or even less) and only covers driving on special occasions, like parades and shows. I insured mine through my regular carrier, and they let me declare the replacement value.
Posted by: tat2dphreak Jan 8 2006, 09:29 PM
| QUOTE (messix @ Jan 8 2006, 10:27 PM) |
| hagerty collector car ins. agreed value $6,000- $90.00 a year. |
Posted by: messix Jan 8 2006, 09:33 PM
no mile restrictions. just have to have another car as a daily driver on reg. ins. [and all other lic. drivers]. have to be parked and stored in locked garage.
Posted by: grasshopper Jan 8 2006, 09:34 PM
any good insurance for a 16 year old?? 
Posted by: messix Jan 8 2006, 09:44 PM
ya.... good grades and no tickets!!!!
try to stay on your parents policy
Posted by: robby750 Jan 8 2006, 09:48 PM
| QUOTE (grasshopper @ Jan 8 2006, 07:34 PM) |
| any good insurance for a 16 year old?? HA HA |
Posted by: Aaron Cox Jan 8 2006, 09:54 PM
| QUOTE (grasshopper @ Jan 8 2006, 08:34 PM) |
| any good insurance for a 16 year old?? |
i aint 16....and i aint 25....
so hagerty wont do my car...
Posted by: Travis Neff Jan 8 2006, 10:22 PM
I ended up with a standard car policy with State Farm, I drive mine everyday so I can't do the limited miles policies.
Posted by: Andyrew Jan 8 2006, 11:34 PM
mercury for 16 year old.. 65 a month.
Hagerty insures 18 yo's aaron. but you have to have another car.. and your car has to be in a garage.
Posted by: Aaron Cox Jan 8 2006, 11:36 PM
| QUOTE (Andyrew @ Jan 8 2006, 10:34 PM) |
| mercury for 16 year old.. 65 a month. Hagerty insures 18 yo's aaron. but you have to have another car.. and your car has to be in a garage. |
have the other car....dont have the garage
Posted by: Brando Jan 9 2006, 01:31 AM
| QUOTE (Aaron Cox @ Jan 8 2006, 09:36 PM) | ||
have the other car....dont have the garage |
Don't worry, they don't send adjusters to your house to make sure you're keeping it garaged. Wait, isn't it being garaged now?
I only have liability on der teener. But I have my uninsured motorist at $100k... I'll use every penny if necessary.
Posted by: anthony Jan 9 2006, 02:23 AM
| QUOTE |
| I only have liability on der teener. But I have my uninsured motorist at $100k... I'll use every penny if necessary. |
$100K isn't enough. What if you get hit, your car gets totalled, and have $50K in medical bills and then are disabled for the rest of your life? You'll have $50K for your trouble if your insurance coughed it up without a fight and less if you had to get a lawyer. $500K, IMO, should be the minimum one carries for uninsured motorist.
Posted by: VegasRacer Jan 9 2006, 03:08 AM
http://www.hagerty.com/ 
$414 / yr. for Elvira.
Posted by: Brando Jan 9 2006, 03:24 AM
| QUOTE (anthony @ Jan 9 2006, 12:23 AM) | ||
$100K isn't enough. What if you get hit, your car gets totalled, and have $50K in medical bills and then are disabled for the rest of your life? You'll have $50K for your trouble if your insurance coughed it up without a fight and less if you had to get a lawyer. $500K, IMO, should be the minimum one carries for uninsured motorist. |
Uninsured motorist at $100k is just to get me the lawyer and sue!
Also, pre-paid legal service is a mixed blessing to have in the New-Mexican Republic of Southern California
Seriously, I have medical through my work (Dow Jones) that is VERY good even for a part-timer. I chose the plan that had all the serious stuff covered nearly 100%, just my prescriptions cost more.
Everyone's situation is different. When insuring your teener for C&C get the most you can!
Posted by: IanJ Jan 9 2006, 04:10 AM
| QUOTE (Brando @ Jan 8 2006, 11:31 PM) | ||||
Don't worry, they don't send adjusters to your house to make sure you're keeping it garaged. Wait, isn't it being garaged now? I only have liability on der teener. But I have my uninsured motorist at $100k... I'll use every penny if necessary. |
Be very careful! If the car is stolen they may enquire as to why it wasn't stored in the garage and then you are in deep sh*t.
Insurance companies are a business and if they can get out of paying out THEY WILL.
Posted by: watsonrx13 Jan 9 2006, 05:07 AM
| QUOTE (VegasRacer @ Jan 9 2006, 04:08 AM) |
| http://www.hagerty.com/ $414 / yr. for Elvira. |
John, I used stated value of $10,000 and no modifications for Florida and got a quote for $142... What stated value did you use?
-- Rob
Posted by: VegasRacer Jan 9 2006, 05:42 AM
| QUOTE (watsonrx13 @ Jan 9 2006, 04:07 AM) |
| What stated value did you use? |
30 K and lots of mods.
Posted by: BarberDave Jan 9 2006, 08:27 AM
I have CONDON and Skelly, $180.00 a yr. 2,500 mile limit( if you are going to go over that just let them know and it's covered) ,must be Garaged, $20,000.00 declaired value,I had it apraised for replace ment value,and sent them a copy,for there recoreds. I HOPE I NEVER NEED IT! Dave 
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