Guys with collector car insurance come on in.

86capriasc · Post by **86capriasc** » Fri Jun 10, 2011 4:26 pm

So I'm trying to set up my policy with Hagerty and they say the 10k value I want on it is too high. They want documentation for that value. WTF, if I'm paying the premium for the value what's the deal? Since I did my own paint work, and all the work on the car how the hell do I prove it?

What are you guys carrying for value?

shelbyscarab · Post by **shelbyscarab** » Fri Jun 10, 2011 5:04 pm

I'm not with hagerty............ but I do have mine insured for $10K. Mine simply asked me what I wanted to insure it for. I'm pretty sure I couldn've gone higher if I had wanted to......

bigzeke42 · Post by **bigzeke42** » Fri Jun 10, 2011 8:00 pm

Call Grundy ins. that's what I have. Just had to send pictures to them of the car.

Kentennis · Post by **Kentennis** » Sat Jun 11, 2011 1:22 am

I have Hagerty. 14K agreed value. No mileage limitation. No problems yet, since I have no claims! Cost for 3 cars $542.00 ayear. (65 Thunderbird, 80 Corvette L82. and an 86 Maclaren ragtop.

plumkrazy · Post by **plumkrazy** » Sat Jun 11, 2011 1:46 am

Hagerty Told them the value I wanted and sent pic's. You should easily get 10k or more.

svo413 · Post by **svo413** » Sat Jun 11, 2011 2:37 am

Like every other company these days the insurance companies have tighten the reins a bit. I have American Modern which I got from Ford in 2004. They had no problem putting my SVO down for $18K, 67 Tbird for $15K, an the McLaren for $10K. A few years ago I tried to raise the SVO to $20-$25K and the balked saying they needed an appraisal for over $20K. I added my 89 LX vert. a year ago and they flat out refused anything over $4.5K. I told them I paid $4.5K. You would think they would just take you money and be happy. Total $269 per year for all.

Sandy · Post by **Sandy** » Sat Jun 11, 2011 2:40 am

GRUNDY !!!!!!!!!!!

GRUNDY CLASSIC CAR INSURANCE.COM

TEN THOUSAND

hanksgt · Post by **hanksgt** » Sat Jun 11, 2011 2:58 am

I'm with Heacock (MCA sponsor) and they valued my '89 at 15K. I pay $250/year in Phoenix.

86capriasc · Post by **86capriasc** » Sat Jun 11, 2011 3:07 am

I'm waiting to hear back from Grundy now too. They are actually cheaper anyway. I just don't understand the issue, it seems everyone carries the same kind of agreed value that I want yet they are questioning it. I have sent pics of the car with the new paint. I did have a car dealer-collector-body shop owner appraise it today for 10k.

86ASCCoupe20 · Post by **86ASCCoupe20** » Sat Jun 11, 2011 12:02 pm

Mike, maybe they mean the apparaisal which you just got done? Im going to be in the same boat.

tfs2121 · Post by **tfs2121** » Sat Jun 11, 2011 6:19 pm

hagerty here 10K agreed value. no questions once i sent pics.

Sandy · Post by **Sandy** » Sat Jun 11, 2011 7:30 pm

I have the 3 ascMcLarens AND my 1993 Fleetwood Sixty Special **- each at $ 10,000 if total loss for $ 1,000.00 @ year premium.
I have never made a claim. I have now been with them 8 years.
They have never raised my premium. They have made $8,000 on me & that is A-OK with me. Better they make money, than I get a check !!

** http://www.smatarese.com/forum/sandy/

ChuckG · Post by **ChuckG** » Sun Jun 12, 2011 12:29 am

Miserable experience with Hagerty. I used to deal with Parrish (GREAT people!) and Hagerty bought them some years back.

Told them I couldn't remember if my nearly three year-old (and ready to drop off) five-over ticket was April or May and instructed them to check my driving record to which they agreed and said "close is okay".

Three years later, I had a small $300 claim on my old Corvette and they denied it, stating I "lied" on my application, so they refunded all my paid premiums.

Okay, fixed the damage with the $1300+ refund check AND sicced the Michigan Insurance Commission on them. See, they're based here and subject to the State...

I used to take my (laminated) letter from the State explaining their findings Hagerty acted in "bad faith" and improperly, to car shows and display it in my window--always parking as close as possible to the Hagerty tent....

Many fine choices: Hagerty is NOT one of them.

Indiana,Dave · Post by **Indiana,Dave** » Mon Jun 13, 2011 2:05 am

grundy grundy grundy, I SENT PICTURES ,the COUPE is insured for 25k . I wouldn't take a penny less for a 30k mile car with original paint! :lol: :roll:

ckj · Post by **ckj** » Wed Jun 15, 2011 9:32 pm

I have had hagerty w/ agreed value at 12k and it was 230 last year and now it's gone up to 360 to renew in July. It seems hagerty removed some sections from the new policy but doesn't print in the updated version what's removed. I'm going to be looking at Grundy shortly.

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Guys with collector car insurance come on in.

Guys with collector car insurance come on in.

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