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> Hagerty Question on total buy back
bandjoey
post Jun 4 2021, 05:21 PM
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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?
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bbrock
post Jun 4 2021, 09:04 PM
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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
post Jun 4 2021, 11:07 PM
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QUOTE(bbrock @ Jun 4 2021, 08:04 PM) *

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.
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VegasRacer
post Aug 31 2021, 10:14 AM
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QUOTE(VegasRacer @ Jun 4 2021, 10:07 PM) *

QUOTE(bbrock @ Jun 4 2021, 08:04 PM) *

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.
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mgp4591
post Aug 31 2021, 10:25 AM
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QUOTE(VegasRacer @ Aug 31 2021, 10:14 AM) *

QUOTE(VegasRacer @ Jun 4 2021, 10:07 PM) *

QUOTE(bbrock @ Jun 4 2021, 08:04 PM) *

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?
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VegasRacer
post Aug 31 2021, 10:46 AM
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QUOTE(mgp4591 @ Aug 31 2021, 09:25 AM) *

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.
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914e
post Aug 31 2021, 11:07 AM
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QUOTE(VegasRacer @ Aug 31 2021, 09:46 AM) *

QUOTE(mgp4591 @ Aug 31 2021, 09:25 AM) *

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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Posts in this topic
bandjoey   Hagerty Question on total buy back   Jun 4 2021, 05:21 PM
windforfun   No - never heard of it. I use Hagerty too. :con...   Jun 4 2021, 06:56 PM
PanelBilly   News to me too   Jun 4 2021, 07:38 PM
mepstein   I would ask for the details in writing.   Jun 4 2021, 07:48 PM
Big Len   What is the insured amount?   Jun 4 2021, 07:51 PM
Mark Henry   Yes I have it, it's new this year, except for ...   Jun 4 2021, 07:55 PM
914   Bandjoey, Haggerty offers that too..Ive got it on...   Jun 4 2021, 07:57 PM
bbrock   Yes, I just switched my car to full coverage with ...   Jun 4 2021, 09:04 PM
VegasRacer   It is called "Cherished Salvage" :ide...   Jun 4 2021, 11:07 PM
VegasRacer   It is called "Cherished Salvage" :id...   Aug 31 2021, 10:14 AM
mgp4591   [quote name='VegasRacer' post='2921018' date='Jun...   Aug 31 2021, 10:25 AM
VegasRacer   Is there a limit on your yearly mileage with thes...   Aug 31 2021, 10:46 AM
914e   Is there a limit on your yearly mileage with the...   Aug 31 2021, 11:07 AM
VegasRacer   [quote name='VegasRacer' post='2942099' date='Aug...   Aug 31 2021, 09:01 PM
Jamie   Yes, I just switched my car to full coverage with...   Sep 1 2021, 07:40 PM
bbrock   Yes, I just switched my car to full coverage wit...   Sep 1 2021, 10:08 PM
VegasRacer   I got a "Cherished Salvage" quote for m...   Sep 1 2021, 10:53 PM
Jamie   [quote name='Jamie' post='2942380' date='Sep 1 20...   Sep 2 2021, 09:17 AM
carr914   I have it   Jun 5 2021, 04:17 AM
horizontally-opposed   I wonder if others offer this? Been thinking I n...   Jun 5 2021, 09:24 AM
dhuckabay   I wonder if others offer this? Been thinking I ...   Jun 5 2021, 01:30 PM
Dion   I have American Collectors, I need to investigate ...   Jun 5 2021, 01:07 PM
Bagpype   I have American Collectors, I need to investigate...   Dec 30 2022, 08:40 AM
Jett   I use Hagerty and have replacement insurance and c...   Jun 5 2021, 01:21 PM
racerbvd   Wow, wish I had that when my 968 got hit in Januar...   Jun 5 2021, 05:35 PM
76-914   Wow, wish I had that when my 968 got hit in Janua...   Jun 6 2021, 11:20 PM
Chris H.   Wow, wish I had that when my 968 got hit in Janua...   Aug 31 2021, 11:35 AM
DRPHIL914   My regular insurance agent found out that I have ...   Jun 6 2021, 06:41 PM
Mikey914   Had Hagerty for years. Collector policy gives me 5...   Aug 31 2021, 05:39 PM
NARP74   Hagerty uses Essentia for their insurance. Maybe ...   Aug 31 2021, 06:38 PM
campbellcj   FWIW Hagerty refused to cover my 914 due to its tr...   Sep 1 2021, 07:40 AM
TomE   FWIW Hagerty refused to cover my 914 due to its t...   Sep 1 2021, 12:05 PM
Alain V.   FWIW Hagerty refused to cover my 914 due to its t...   Sep 1 2021, 03:55 PM
scallyk9   FWIW Hagerty refused to cover my 914 due to its t...   Sep 13 2022, 12:33 PM
9146GUY   It's called "Cherished Something" an...   Sep 1 2021, 01:40 PM
eric9144   Sounds like I need to talk to Hagerty, I'd def...   Sep 1 2021, 04:11 PM
VegasRacer   $60K coverage including Cherished Salvage for...   Sep 2 2021, 10:27 AM
Highland   My policy with Grundy expires in a month and was t...   May 20 2022, 01:27 PM
Cairo94507   That reminds me, I need to bump the coverage value...   May 20 2022, 01:39 PM
fixer34   Very timely thread, at least for me. Have had my ...   May 20 2022, 03:33 PM
bbrock   I just dropped Hagerty because they raised my rate...   May 21 2022, 10:34 PM
Nspector62   Hello All! I've been a 914 World member f...   Sep 12 2022, 01:07 PM
bbrock   Just make sure the use conditions for Grundy will ...   Sep 12 2022, 01:54 PM
ClayPerrine   Just make sure the use conditions for Grundy will...   Dec 28 2022, 03:14 PM
racerbvd   My regular insurance agent found out that I have ...   Sep 13 2022, 10:11 PM
carr914   I have Hagerty and Cherished Value is on my Porsch...   Dec 28 2022, 03:06 PM
NARP74   My agent said they also sell Hagerty but at the sa...   Dec 28 2022, 03:37 PM
Geezer914   I have American Collectors and they quoted the bu...   Dec 29 2022, 07:23 PM


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