Insurance

I use Hagerty. 5000 mile yearly limit though.

In SoCal too:
I used Hagerdy-
http://www.hagerty.com/Collect...o-Insurance-overview

...I had the 2000 mile or less per year policy, and it was very low cost[ a couple hundred].

 

I also used State Farm at 5x the rate, but if you are going daily driver, it was comparable to most.

 

Cheers, THOM

Have State Farm as a classic....low rates...fixed value (no depreciation)

 

Haggerty turned me down when I indicated I may drive about 3000 per year plus a trip or two to the super market

Must depend on the Hagerty agent.  I have them and drive about 5k miles a year, about half of which is to Carlisle and other remote gatherings.  The rest is weekend cruising, usually involving Cars & Coffee.  I discussed it with them and they didn't seem to have a problem with it.  State Farm would not provide agreed value coverage, so I didn't use them even though everything else is with them.

didn't make sense to me either at the time I place my insurance

I have Grundy, no mileage limit, agreed value, must be driven for "hobby" or to and from shows, mechanic, etc. which could be just about any time .  Has an alarm and is garaged in a secure area in a fairly safe town. $240 yr.

 

I've never had a claim so I can't say for sure if they're any good.  Cheap is nice but if they don't pay you're scrod. I hope not to find out

I had Grundy do me a quote here in CA. They wanted $518 per year at $500 deductible with a $35,000 agreed value. Hagerty is $200 less.

I have Grundy, no deductible, agreed value of $36,000, hobby use and car shows, 3000 miles a year limit. First year's cost was in the $500 range, second year premium dropped to $322 and agreed value raised to $40,000. I had an accident that resulted in $8,900 in damage, Grundy sent an appraiser out within a day or two, he set up repairs with a local repair shop; a check for the total amount arrived within a week later. I email them a copy of the police report and they didn't question why I was on the road, mileage, or where I was going even though I hit the car in front of me (panic stop for an emergency vehicle blowing through a red light).

Hi Thank you for all the insight.....I now know that I can do better than what i have  Thanks Again

A few long-winded thoughts about insurance:

 

We just got a new VS and added it to the existing Ca AAA auto policy for our other two cars, with the same coverage, and at about the same premium as for our other cars. There are no restrictions on mileage, but as with our other cars, we need to estimate annual mileage and that's figured into determining our premium. We can increase or decrease that at any time.

 

The AAA underwriter told us up front that they don't do 'agreed upon' value for any car, but use the same 'fair market value' system for all cars.

 

We were up front about what kind of car it is - registered with DMV as a 69 VW, but obviously worth a lot more. We asked how they would compensate us in the event of a total loss and they said, as with any other car, based on comparable sales in our area of a Vintage Speedster - NOT a 69 VW.

 

They were clear they understood it was a Speedster replica and wouldn't use a 69 VW as their basis for determining value. We supplied them the invoice from VS to help establish initial value and they said that helped.

 

We've been with AAA for many years and thought just adding on to our existing policy would keep life simpler.

Mitch.  Did you get it in writing?  If you don't have a declaration page that specifically spells it all out, you might be in for a rude awakening in the event of a total loss.  I wouldn't be real comfortable if all I could say was , "but my agent said....."

 

I'm with American Modern because Hagarty would not put it in writing that I could drive my car to and from work once in awhile.  They would say it was "no problem," but they wouldn't put it in writing.  American Modern put's it in writing on a declaration page as part of the policy.  I pay about $400/year with a 6,000 mile/year limit and an "Agreed Value" of $30,000.

Ditto what Troy said.

I'm with American Modern. Went through a broker. Here's the info:

 

 

If you're looking for insurance for your four-wheeled plastic glob of fun, I suggest you give Bob at Motorsports Insurance Services a call.

310-301-0333

 

http://motorsports-insurance.com/

Troy. Agreed.  Hagerty & Grundy get high marks for claims payment, BUT I have yet to hear of them paying for a big liability claim.  If you got sued, my bet is that they would go out of their way to prove that you were driving a car outside of their policy agreement.  No thanks.  I can write a check for a new car, but couldn't pay for a big medical liability claim.  I'll stick with Geico, drive it how I please, and take my lumps on depreciation.  Insurance is about risk management.

Troy, you're right. We won't know for sure until we have to file a claim.

 

But that's why I wanted to stay with a company we've been working with for a long time, rather than start with a new (to us) company.

 

Despite what any of the fine print says, in the end an insurance policy is only as good as the people who administer it, and over the years, we've had good luck with AAA and have found them good to their word.

 

Too, the most important part of the policy for me is the liability coverage. What I worry most about is a company that would try to weasel out of that in a pinch.

Let's hope none of us has to put any of this to the test, and that they still make beer if we do.

 

(Typed this before Tom replied, but looks like we share some thoughts on this)

HagertyHagerstown. Great, responsive agent and 1/3 the cost of insuring it with Harleysville.

 

State farm. Approx 400 a year @ full value (no depreciation) and no mileage restriction.