Insurance, For classic cars Options

[Hammy]

Mine has full coverage as a daily driver. I am a single 21 year old white male. I pay around $65 a month.

As a daily driver there is no milage report.

Please tell me what you are using... I'm paying over 3 times that with AAA a month.

[db9146]

I got a quote from Heacock today that sounded good until you look at the terms.

It has the following limits:
1. Annual mileage is limited (Based on plan selected) and usage is restricted to
occasional pleasure driving, car shows, parades and club events.
2. Vehicles are not to be used for daily transportation, commuting or business.
3. Policy excludes racing, race testing, speed trials, any on-track or similar events.
4. Coverage does not apply when an insured vehicle is being operated by any driver
with less than 10 years experience as a licensed driver.
5. Physical Damage coverage is based on “Agreed Value” unless stated otherwise.

[jimtab]

I just added mine to my Allstate policy....like 295/yr...

[zymurgist]

I went with Grundy for the 911 and the Vette, agreed value coverage, no mileage restrictions, coverage automatically increases by 4% per year. I talked to my regular insurance guy to give him a chance to match it (Nationwide) and he told me he could get me agreed value insurance, but it was much more restrictive and he couldn't come close to Grundy's quote.

My policy states that my covered vehicles are not to be used for regular driving to work, etc. There's a bit of wiggle room for the occasional sunny day trip to work, although if I get some gorgeous weather and I want to take a drive, I try to take the day off anyway.

Oh yeah, racing is excluded. But I'd bet that is standard in the industry and one reason why focused insurance companies can keep their rates low.

[GeorgeRud]

I've had antique car insurance from State Farm for several years now, and they have been fine and competitive with Hagerty. However, between the other daily drivers in the family (4), house, business, workman's comp, and other policies, I think they'll give me just about anything. Out State Farm agent just about said that they look at the total policies, and their underwriting is probably more liberal if they do a lot af other business with you.

However, if I didn't have that policy, I would have the Hagerty one. They seem like good people from all the times I've talked to them at shows, etc.

[tdgray]

so... is Hagerty like... "National" or local?
and im looking for insurance as well so where do i start?
do they have a website or a phone number i can call?

thanks!

You can get Hagerty either from a local rep or through thier web site or call them direct.

I have them on the MGA... agreed value $30 K about $149 per year. No mileage restrictions... same stuff... in garage... limited pleasure driving... etc.

FWIW... I did make a note on my application that I do drive it to work from time to time... never batted and eye.

[Pnambic]

Another vote for Hagerty here, though they don't seem to be to technologically savvy. Someone there accidentally wrote my GA policy on an IN app and then the paperwork didn't get sent to the GA DMV, so I got fees. It took a while to clear up, but they did clear it up and the fees went away.

I pay $124 a year with either $4500 or $5000 agreed value....can't remember.

They did ask for a picture of the car in the enclosed, lockable garage though. Went out back and took it with my camera phone and sent it to her.

[drive-ability]

Hagerty again,
I can drive my car a bit here and there but its limited along with a locked garage etc. I was happy to get coverage, I have an agreed value of 25K. I assume they might start wiggling if I had a total loss, but add up the parts and labor and it would about right.

[stateofidleness]

i did an online quote today with their default settings (dont know too much about this stuff) and with a declared value of $5000 and being "Modified" my annual rate was $270...

so im guessing it's the age difference that makes yours so low even though the values are high?

i then tried setting it to $9,999 (the highest in the range for modified) and it came out to like $400somethin annually.. what gives?