classic car insurance

[dodgechar]

  Read several  threads on the subject , most dated 2007,08.   Was in reno for august nights, got a estimate from  northwest classic insurance.  Was wondering what the latest word is on the subject and this company.  Aparently associated with hagerty?  Any whoo  just wondering what to look out for and any sugestion would be helpful. Seemed all good,  agreed value 30k, 6k a year milage, about $279 a year i beleve. Sounded good to me since I won't  come close to that kinda milage but its nice to know  I can.  Thanks,   I know old subject.  

[68X426]

Are you in Nevada or California? I can only speak for CA, but you need to shop the policy because you can certainly beat that price. And I don't even know your particulars. With no info on your car, what deductibles you want, your driving record, is it in a locked garage, original or modified, nobody here can say anything for sure.

Call several agents. I use American Collectors. You can run your own quote on-line. http://www.americancollectors.com/

[dodgechar]

  Thanks for your reply,    in new mexico,  modified but not engine,  this guy said no  deductable,  no tickets, locked garage,  not daily driver, custom body work, electrical work. High end paint.  Thanks again I'll look into you link when I get a chance. 

[twodko]

Are you in Nevada or California? I can only speak for CA, but you need to shop the policy because you can certainly beat that price. And I don't even know your particulars. With no info on your car, what deductibles you want, your driving record, is it in a locked garage, original or modified, nobody here can say anything for sure.

Call several agents. I use American Collectors. You can run your own quote on-line. http://www.americancollectors.com/

Dan is spot on. I have had our cars insured by Hagerty's .......agreed upon value, flat bed towing no mumbo jumbo.
Check them out.

[mpdlawdog]

   they have been great

[resq302]

I agree.  Ive had two claims with Haggerty (one was a windshield damage, and one was when my charger had an incident with my 4 post lift) and both were taken care of within a week!

[dodgechar]

   Thanks fellas,  I want to ride in peace.

[plumbeeper]

Hagerty's for several years...


Dave

[Dino]

So what's a normal rate to have your classic insured?  I am looking to insure a 69 Charger but I'm not sure what to expect or what exactly I should get.  I'm in Michigan if that makes a difference.

It was originally a 318 car but now has the entire drivetrain from an r/t down to the half leaf spring and hd torsion bars.  I guess that qualifies for modified.  Do they actually check?  It's also getting disc brakes in the future.

Should I have the car appraised or just name my own value?  I know some companies have a mileage limit and others don't.  Not sure if I'd mind the limit seeing I don't even hit 10K a year in my daily.  I'm only 10 minutes from work and rarely ever hit the freeway. 

I think the flatbed towing gives some peace of mind.  I know that I may never need it but better safe than sorry.

I am clueless when it comes to deductibles and all that so any advice is appreciated!

[bull]

I also have Hagerty, but I've never filed a claim so all I know is they are good at taking my money. From all I've heard though (including the above) they are a real good company to deal with.

[twodko]

The deal with Hagerty et al is you pay for the agreed upon value of your car. You can request any amount of coverage you want.  They will require vehicle reg and current pictures as proof of your car and ownership. If they agree with what you suggest is the car's value you pay the premium they set. if they don't you have to reconsider your car's value and apply again.
No great shakes or anything but my 69 440 R/T is fresh from resto and is a numbers matching car, I have it insured for $55k. Costs me $390 per year in norcal. Just sayin'

[Dino]

Hmm i must have done something wrong on the online quote form.  I got a quote of a little over $400 with a value of $30K. 

[Troy]

If you're getting an "agreed" value policy then try to make it for what it would cost to replace the car in its current condition - or more if possible to cover all the things that can go wrong. Obviously the real value of a car determines what will be allowed as far as the insurance company is concerned (ie a fully restored Hemi R/T can be insured for a lot more than a modified 318 "driver"). You don't need an appraisal (generally) but the insurance company will need pictures and as much information as possible. Not all policies have mileage limits but nearly all will require your car to be in a locked garage overnight (and most say something to the effect of it can't be out of your sight when you have it out).

Troy

[Dino]

I'm good with all of that, not so sure about it being in sight all the time though, that's quite the demand!  I don't think my boss will like me looking at it all day and not doing any work.   

[Brass]

I would not consider an engine swap, torsion bar change or brake conversion to be "modifications."  When I discussed that hated term with Hagerty, I told them work was done to improve my car but that everything was essentially offered by the factory.  Did your car come with a 440?  No – but it was offered by the factory that year.  Also, disc brakes would actually make the car safer and should lower the premium.  But I wouldn't belabor those issues with them.  Instead, set an amount you can live with and then renegotiate that if the value changes.  As long as the amount is within their acceptable range, you're golden.  No one is going to come out and look under your hood.  (At least they haven't done that to me yet.)  Hagerty was actually pretty reasonable when I discussed all these things with them.  Btw, in my mind, an example of a true "modification" would be a supercharger.  

[jaak]

Are you in Nevada or California? I can only speak for CA, but you need to shop the policy because you can certainly beat that price. And I don't even know your particulars. With no info on your car, what deductibles you want, your driving record, is it in a locked garage, original or modified, nobody here can say anything for sure.

Call several agents. I use American Collectors. You can run your own quote on-line. http://www.americancollectors.com/

Are you happy with American Collectors? I just got a quote from them insuring my car for 30k, for 233 a year! Thinking about going with them.

Jason

[bill440rt]

Jason, I have all 3 of my Chargers insured with American Collectors. We've had them for years.
I've had to put in two claims with them over the years, they were very good.

Another well-known member here also has his Charger with American Collectors as well. Maybe he'll chime in. 

[jaak]

Jason, I have all 3 of my Chargers insured with American Collectors. We've had them for years.
I've had to put in two claims with them over the years, they were very good.

Another well-known member here also has his Charger with American Collectors as well. Maybe he'll chime in. 

Thanks Bill.

Jason

[bill440rt]

 

[472 R/T SE]

"Daytona kid" here owns a restoration/collision shop.  He can't say enough good things about Hagerty & how they treat him.

I use Hagerty & luckily don't have any experience with their customer service.

Another thing to remember.  When it's winter & your car is sitting in the garage not moving you can call Hagerty & they'll discount your coverage & premium until you're ready to hit the road again.

[Paul G]

I used to be with Hagerty till Grundy gave me a better rate. Grundy has no mileage limit, will allow you to take it to work on occasion, and beat Hagerty's rate.

[bull]

There is no mileage limit with Hagerty that I've been able to find but they don't want you racing or using it as a daily driver for obvious reasons. My Hagerty agreed-to value is $35k for $191/year, but that rate will go up when it starts moving under its own power.

[Paul G]

There is no mileage limit with Hagerty that I've been able to find but they don't want you racing or using it as a daily driver for obvious reasons. My Hagerty agreed-to value is $35k for $191/year, but that rate will go up when it starts moving under its own power.

IIRC Hagery wants you to pick an annual mileage limit and they charge based on what you pick. I could be wrong, (usually am if you ask my wife) it's been a while since I had them.

This year my premium is $179 for the Charger, no deductible, $27500 agreed value which I need to lower. $504 for the Vette, no ded, $36000 agreed value, which also needs to be lowered.

I have been with Grundy a long time. Probably should shop around again for a better rate.

[resq302]

Weve been with Haggerty for since at least 1999 and to my knowledge they never had a mileage restriction or even asked about mileage.  The quote is usually based on the agreed value of the car, not how many miles it gets driven.  The only restriction is that it can not be a daily driver and you can not race it.