Who doesn't have insurance on their cars?

[HANDM]

I'm betting very few...

I don't have ANY insurance on either the Challenger or tha Charger, stupid I know...

I will be getting collector insurance this spring though as putting them on the regular policy requires a "professional" appraisal and I wouldn't trust them as far as I could throw em.
Not to mention the premiums every month would be ridiculous.

[CDN72SE]

Haven't got any on mine either, I should even though it has been off the road since 1992. It's currently at the body shop, as soon as it is home and appraised will be getting it insured.

[John_Kunkel]

In my state you have to have insurance to register the car.

[keith88]

Mine to, matter of fact they will pull your registration if you drop it.

[crj1968]

Was really easy for me through Hagerty on my Duster.

How much is it worth?

$12K

Can you send us a couple pictures?

*send*

$12K it is. 

done.

[keith88]

I have them to same thing was real easy and they were not expensive either I just sent pictures. I had them on a camaro i had where i forgot to pin my hood it flue off and they were really good about it and fixed it ,I am very happy with them!

[Charger_Fan]

If I was driving mine, you'd better believe I would have insurance. But since it's my garage queen & hasn't been on the road since the 1990's, I don't. I know some people have theirs on storage insurance, and if mine was a HEMI car, I probably would. But it's a lowly 318 car, so nope.

[6spd68]

Haven't got any on mine either, I should even though it has been off the road since 1992. It's currently at the body shop, as soon as it is home and appraised will be getting it insured.

Canadian insurers are weird if the car is not running(from my experience)

[ws23rt]

I didn't have insurance on my hemi coronet for most of the time I had it. (36 years).  When came time to drive it for the first time I registered it for license plates and insurance became required. (the "minimum" required insurance did not include coverage for damage to my car).

Insurance is something I lived without in my early years (as allowed by law) because I was poor and taking risks was a part of my youth.

As time passed I came to feel the risk of losing some cool cars was greater than the cost of insurance and the piece of mind it gives.

It's a market place like any other. We buy what we feel we need or want and pay the price or not.

[comet_666]

Mine is insured for $40k
It's restoration insurance, as soon as I can drive it they will re appraise it and I'll be good to go.

I pay about $200 a year for the restoration insurance.

[Lord Warlock]

I don't insure cars that aren't being driven and are stored long term.  When I get ready to drive them, I'll insure them again, meanwhile, homeowners insurance should cover basics like weather.

Here you can't tag a car (register) without insurance, and if you cancel insurance they will tell dmv.

[RallyeMike]

Your homeowner's policy will likely not cover vehicles damaged by weather, fire, etc., so ya'll better be sure.  Mine does not!
If it has enough value, I keep all of them insured by collector car insurance. Even if they are down for long-term repairs I keep them insured. 

[ws23rt]

I don't insure cars that aren't being driven and are stored long term.  When I get ready to drive them, I'll insure them again, meanwhile, homeowners insurance should cover basics like weather.

Here you can't tag a car (register) without insurance, and if you cancel insurance they will tell dmv.

I think it's a mistake to assume that homeowners insurance will cover your car loss in an event that smashes your house. The contents of the house ---(the car and it's agreed value)---will be a big question when it comes time for a pay off.

[Challenger340]

I maintain the replacement value insurance all year round, based on an agreed value appraisal done yearly.
No matter a tree falls on it or the garage it's stored in, storm, flood, water, fire, theft.... no matter I get paid an agreed value which seems to go up yearly ?

But I only "register" the plate(legal for road use) with liability, road perils, glass, etc., for 3 months during the summer..

The premium for the value insurance is absolutely stoopid in my opinion.... but I figure best to be safe.

Costs money to drive them, costs money to store them, just costs money PERIOD !  

[HANDM]

Good, now I don't feel so bad.... I havent driven them for over a year other than around the block, usually I add them for the spring and summer months then cut it for the winter.....

I've looked into collector insurance and it only is a few hundred a year, small price to pay for piece of mind.

[68X426]

I've looked into collector insurance and it only is a few hundred a year, small price to pay for piece of mind.

It really is surprising how reasonable the price is considering terrible costs for everything else associated with our classic cars.

[68RT440]

Back in 1998 we bought the '68 for $8500. My dad insured it for $15,000 at the time. I don't think that its been raised since..lol But I tore the car down to the shell in 2009 to start the resto, but I believe that my dad still has fire and theft on it...

[Lord Warlock]

insurance would have been a big waste of money over the years, car has been stored on my property now for 30 years.  Only recently ready to drive.  Now, it is ready to insure, but not made of money can't just throw 500 away, garage it sits in is built stronger than our regular house is and will withstand a hurricane of 120mph winds, house has already withstood several storms with 100mph winds, but garage in back is built to higher standards.  

property however is protected by dogs and gun toting owner that can group 8 shots in a 3 inch circle.

[HANDM]

insurance would have been a big waste of money over the years, car has been stored on my property now for 30 years.  Only recently ready to drive.  Now, it is ready to insure, but not made of money can't just throw 500 away, garage it sits in is built stronger than our regular house is and will withstand a hurricane of 120mph winds, house has already withstood several storms with 100mph winds, but garage in back is built to higher standards.  

property however is protected by dogs and gun toting owner that can group 8 shots in a 3 inch circle.

My Mopar protection is my 97 Ram parked in front of them and as stated before, to get to the cars, they'd have to move the ram...

Plus I have a watchful neighbor that has actually called me when a flatbed showed up to transport my sisters car... He thought for sure they were coming to steal my cars. 

[Baldwinvette77]

Haven't got any on mine either, I should even though it has been off the road since 1992. It's currently at the body shop, as soon as it is home and appraised will be getting it insured.

Canadian insurers are weird if the car is not running(from my experience)

i just lied, i insured my car before it even had a brake system in it, they asked if it had any modifications i said "no" and they asked primary use i said "I'll very rarely drive it".

i was in a strange situation where i couldn't register it without insurance, but i couldn't insure "it" because no one knew what the hell it was  the insurance lady wanted to insure it as a daytona clone, because its the closest thing they had to "charger clone" i cancelled it now, but im pretty sure they went with daytona 

[out there]

I've looked into collector insurance and it only is a few hundred a year, small price to pay for piece of mind.

It really is surprising how reasonable the price is considering terrible costs for everything else associated with our classic cars.


I also think it very inexpensive for what the insurance covers. Wouldn't want to even sit uninsured for a few hundred a year. Then if you take it out on the road and have an accident or mechanical failure that results in an accident. It's required to register here but in my case that does not really matter.
Liability is the real exposure if your on the road.

[phantom]

You guys without insurance at all, what if you find yourself in a fender bender, and its your fault? Do you have to pay for the other guys damage ut of your own wallet?

Reason i ask is, a just saw an episode of Fast 'N Loud, they had just finished a Mustang conv, and were out testing it before putting it up for sale, and a guy ran a red light, hitting the Mustang in the right front fender, smashing the corner and bending the frame i think. Richard had to write it off he said, because the other idiot didnt have any insurance. 25k loss.

in Norway you cant have plates if you dont have insurance, liability is minimum.

[J.Bond]

At the cost of Hagerty or Silver Wheels, it does not make sense to NOT insure you dream. Years ago before the advent of collector insurance, the cost was then arguable. I could spend anywhere from 600.00 to 1200.00 a year. Since then, a measly 250.00 a year, really, what's to think about.  Had a house fire 23 years ago, lost many bundles of chrome trim, dash cluster for my 67 and a complete interior for another project, NOT COVERED!!!!!!!!!. If you think you will fair well if anything goes wrong, in your garage, in the body shop you are paying to fix your car or your buddy's barn , give your head a shake. Do not put yourself out on that limb.

[funknut]

I have Allstate for my homeowners and all our vehicles. When I insured my Charger it was no different than any of my other vehicles, they just asked me what it was worth.  No pictures or appraisal needed.

Since it wasn't going to see any time on the road until the spring/summer I haven't yet checked into the specialty insurers like Hagerty's, so I guess I don't know what I'm missing.

[Charger_Fan]

You guys without insurance at all, what if you find yourself in a fender bender, and its your fault? Do you have to pay for the other guys damage ut of your own wallet?

Reason i ask is, a just saw an episode of Fast 'N Loud, they had just finished a Mustang conv, and were out testing it before putting it up for sale, and a guy ran a red light, hitting the Mustang in the right front fender, smashing the corner and bending the frame i think. Richard had to write it off he said, because the other idiot didnt have any insurance. 25k loss.

in Norway you cant have plates if you dont have insurance, liability is minimum.

That's how it is here, and I could be wrong, but I'm pretty sure it's across the nation nowdays. If you register your car & don't have insurance, they will cancel your registration. If you have insurance when you register & cancel your insurance later, the DMV will send a nasty letter shortly, saying you'd better get insurance damn quick or they will cancel the registration.

Now if you do as Fast 'n Loud did & "take it for a spin" and get in an accident, then yes, both parties either agree to leave the cops out of it & make a deal themselves to fix the cars. Or if they do bring in the cops, there's a whole ton of crap to follow!