Hagerty Question on total buy back |
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Hagerty Question on total buy back |
bandjoey |
Jun 4 2021, 05:21 PM
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#1
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bandjoey Group: Members Posts: 4,925 Joined: 26-September 07 From: Bedford Tx Member No.: 8,156 Region Association: Southwest Region |
My regular insurance agent found out that I have a Hagerty policy that I get directly from Hagerty, and as all agents do, wanted me to move the policy to him...Until now i didn't know regular agents handled Hagerty.
He claims that the reason is that he can get a 'special' coverage not offered direct. For the low price of $7 monthly, should my car be totaled, they pay me the insured amount and give me the car back free of charge - no buyback amount $0. Anyone else heard this or have that 'special' coverage? |
bbrock |
Jun 4 2021, 09:04 PM
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#2
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914 Guru Group: Members Posts: 5,269 Joined: 17-February 17 From: Montana Member No.: 20,845 Region Association: Rocky Mountains |
Yes, I just switched my car to full coverage with Hagerty last month and they offered that to me. It is called "Cherished Salvage" and I think they quoted me $7 a month too.
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VegasRacer |
Jun 4 2021, 11:07 PM
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#3
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ELVIRA Group: Benefactors Posts: 8,506 Joined: 27-March 03 From: Between Scylla and Charybdis Member No.: 481 Region Association: None |
It is called "Cherished Salvage" (IMG:style_emoticons/default/idea.gif) I'm gonna have to check it out when I renew in a few months. |
VegasRacer |
Aug 31 2021, 10:14 AM
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#4
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ELVIRA Group: Benefactors Posts: 8,506 Joined: 27-March 03 From: Between Scylla and Charybdis Member No.: 481 Region Association: None |
It is called "Cherished Salvage" (IMG:style_emoticons/default/idea.gif) I'm gonna have to check it out when I renew in a few months. (IMG:style_emoticons/default/icon_bump.gif) this thread from a few months ago. I added Cherished Salvage when I renewed my Hagerty policy today. (IMG:style_emoticons/default/biggrin.gif) It increased my cost by $130 for the year. |
mgp4591 |
Aug 31 2021, 10:25 AM
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#5
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914 Guru Group: Members Posts: 5,370 Joined: 1-August 12 From: Salt Lake City Ut Member No.: 14,748 Region Association: Intermountain Region |
It is called "Cherished Salvage" (IMG:style_emoticons/default/idea.gif) I'm gonna have to check it out when I renew in a few months. (IMG:style_emoticons/default/icon_bump.gif) this thread from a few months ago. I added Cherished Salvage when I renewed my Hagerty policy today. (IMG:style_emoticons/default/biggrin.gif) It increased my cost by $130 for the year. Is there a limit on your yearly mileage with these policies? |
VegasRacer |
Aug 31 2021, 10:46 AM
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#6
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ELVIRA Group: Benefactors Posts: 8,506 Joined: 27-March 03 From: Between Scylla and Charybdis Member No.: 481 Region Association: None |
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914e |
Aug 31 2021, 11:07 AM
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#7
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Member Group: Members Posts: 496 Joined: 21-February 20 From: Arizona Member No.: 23,951 Region Association: Southwest Region |
Is there a limit on your yearly mileage with these policies? With my Hagerty policy, NO mileage limit. The only stipulation is that the car must be kept in a locked garage. Hagerty has never required me to keep any of my cars in a garage. However I told them when I started with them it would not be garaged. So it might be a requirement for the rate you received. Hopefully I will be able to garage two cars soon after I install a lift. I spent most of the summer remodeling the garage. I still need a new floor poured |
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