Originally Posted by 70cst (Post 5449892)

Well scratch Hagerty....

Originally Posted by saa (Post 5450498)

I have Hagerty for my '71. My experience is:
1) They are wonderful to deal with. Exceptional people and they go far out of their way to make sure that everything they do is to notch.

2) No mileage limits - however, that said, your insured cannot be your "daily driver". You have to have another car/truck that is your daily driver. How many of you don't have another regular vehicle that doesn't need Agreed Value insurance? Likely most of you have, or could have, another "regular" vehicle that would solve that piece of the puzzle. If your truck IS indeed your daily driver, do you really need agreed value insurance on it? Check www.nada.com/Classic-Cars and see what their value is for your vehicle normally. They are very fair and unless you're driving a really, really nice truck for work, hauling, carpentry, tree trimming, etc., their values may be plenty good. Those combined with comparable sales research should an accident arise and you can make a pretty good case even with regular "Stated Value" insurance - which is the typical phrasing used for the value on most policies.

3) It does have to be garaged at night. I have not found an insurer who'll stray from that, period. They all require them to be garaged (likely due to the ease of theft in this time period vehicle). If you cannot do that, Agreed Value may be out of range.

4) Hagerty, like all insurers, requires you to use a vehicle as it is intended - and as they have insured it for. Hagerty is a "collector car/truck insurer". Which means they expect that you're not taking it to work, hauling chairs, tree and brush, actually anything! They figure a collector vehicle should be "driven and enjoyed" - that's about it with them.

Grundy will allow more latitude in the usage of the vehicle, but any usage that does/can cause damage to the vehicle - like hauling stuff in the bed - will make them raise eyebrows. If you have a truck that you use for hauling/working, make it a truck that can be valued more reasonably under NADA values in their Classic Vehicles section. A typical '72 Chevy 1/2 ton 4x4, in work-truck condition will be more than fairly valued under their value guide. A restored, top shelf '72 will not - that's where the Agreed Value comes in. You can drive it without worry, but it's not the truck you take to Home Depot. Unless you're buying a pvc fitting. LOL.

Another thing to consider is Hagerty is their road side assistance plan that covers all of your vehicles that you own. If ANY of your vehicles breaks down, they’ll send a truck and tow it up to 120 miles. No cost, period. It's an excellent adder to their policy. Cover one truck and all of your cars/trucks are covered and it's the best road side assisstance I've ever seen. Fast, they are very through, and cost has never been an issue. Covered 100%. And 120 miles is a long way for a towing bill. If I had kids still at the house - I would value this highly. If anything happens, you can be sure they have someone to call who'll look out for them. You can't always be there, as much as we would like to be.

I'm super happy with Hagerty, and yes, it's a few dollars more - but my truck is valued very fairly and if anything happens they'll track down period correct parts, work with restoration professionals to repair it correctly, or pay me what I bargained for.

I'm quite sure Grundy is just as good at the policy they offer. It just appears Grundy caters to the owner of many collectible vehicles (over $100k is their niche), and they cater to high-dollar drivers (Bentley, Ferrari, etc.).

Just my experience. With some research, you can nail down a policy that will offer the best protection for your truck, and your usage. Hope this helps a bit.
saa.

Originally Posted by Lee H (Post 5450271)

... if wrecked or stolen at a place like the grocery store, mall, place of work, etc, no coverage.

Originally Posted by Dunenutt (Post 5450633)

saa, I understood everything you said above when i talked to Hagerty. I told them that I have no desire to "haul" anything with it. I asked if I could put some chairs, and a cooler back there to go to car shows, and was told "nothing". That simply did not work out for me.

Originally Posted by CG (Post 5450738)

So if you are out and about and stop at a store to grab a few things on the way home and anything happens to your ride you are not covered? Or you run into a 7-11, or maybe go to a car show in a mall parking lot?

Im not trying to be smart, just really curious as to when you are covered.

Originally Posted by E.Furgal (Post 5450750)

if the lot was the car show then your fine.. if the 7-11 was part of your cruise and you got a soda, your fine.. you stop at stop and shop and buy all your food shoping. then no..
I was told I can drive to work.. but not everyday.. like if I was going to a cruise after work that be fine.. on sat. but mondays rust hour traffic is o u t out..
if it gets jacked while having dinner.. you'd be fine..
if you drove to the mall to shop.. nope..

Originally Posted by Coboyle04 (Post 5450780)

i have also been told i need to have my truck professionaly appraised in the event of total loss you have an actual value to give the insurance company. second i was told i should have mine appraised every year or two in order to maintain a good record of current value.

Originally Posted by CG (Post 5450850)

Ok, thanks for the info. Im considering going to a collector type insurer myself and its nice to know all the little ins and outs.

Originally Posted by 70GreenBurb (Post 5449937)

If you are not positive that your State Farm policy will pay the $30,000 in the event of a total loss, regardless of what the vehicle may be worth at the time of the accident, you may want to confirm with your agent.

Originally Posted by saa (Post 5450827)

Not to be too pointed, but that is not the justification for their concern of potential liability. I'm not sure where you found that information but it's not accurate.

If that were the case no pickup would be insured for cargo liability at all. Just for clarity of those who are searching for a correct policy and coverage, it's important to understand those factors correctly.
saa.

Originally Posted by E.Furgal (Post 5451493)

collector car insurance you can't put anything in the bed.. I was told straight from hagardy and grundy.. the same thing.. if I want to bring stuff to a swap. in my classic truck it needs a cover or a cap..

Originally Posted by jocko (Post 5451207)

this is such a frustrating topic. MANY would like to have their classic truck insured for what it is actually worth (not blue book) and still drive it every day. You know, like an escalade that cost a friggin fortune and is driven by 18 year olds... ??? Yet we can't seem to get what we woudl like very easily, if at all. I still do not understand.

Here's my beef: I'd be more than willing to pay MORE than what I currently pay (which is ridiculously low) for the freedom to actually USE my truck more.

But there really is no clear route for that. If you want low rates and coverage, heaven forbid, you have to fort knox protect the truck. If not, you can get liability and take your chances. Very very frustrating.

I have Grundy, and that was after a long, long search. I am happy with them. It's a stated value policy and I CAN occasionally drive it to work and take it places for more than just sitting in the fairgrounds. I even asked about driving it cross country - motels and all. They said yes. The Key, as I believe Leevon pointed out, is that the vehicle in question is not your primary mode of transportation. So, in order to insure it via classic ins, you have to have ANOTHER daily driver. I feel for the dude that is mid-20's has a nice old truck and that's his means of getting to/from work. There's almost NOTHING out there that will insure him and cover him properly in a loss. Bluebook, or liability, and thank you very much.

Oh well. Now I'm ticked off just thinkin about it.... I'd gladly pay double for my insurance, even triple (which is about what I pay for my daily driver) if I could have a policy I trust that would give me peace of mind and allow me to drive the wheels off. Aint gonna happen.

One more thing. State Farm. Never again for me. Never again. I'd be very wary of a $30K agree val or stated val policy with them. I'd ask the agent point blank "what do I get if A, B, or C happens to my truck?" and I'd record the answer and get his John Hancock on the recording... And the agent in my case was even a friend of the family. You'll note I said "was"....

Originally Posted by 70cst (Post 5451117)

With Hagerty I can go to shows, fun drives, work once in a while...just not to be used as a DD.

If I took it to buy groceries and it gets hit or its stolen...I am covered.

If I get into a fender bender...covered etc.

I am not to pull anything and that's not an issue.

Can I haul stuff...sure but rocks and dirt are out.

I had to email pics of the truck and they said I was good to go.

These are good questions and it's a good thing to ask the questions up front.

Originally Posted by 70cst (Post 5451530)

This is interesting.

My "Hagerty" agent said small things in the bed is not a big deal and nothing about a bed cover although I do have a Tonneau. I'm thinking it may be the agent or state which is the reason for these differences but its good to know and be sure of the guidelines.

Thanks for the info.

Originally Posted by saa (Post 5452080)

Most people don't get to do this - but if you can, here's how to create a DD from a classic.

Work backwards. Start with the Classics section on NADA's value guide and research trucks that you like. The years, models, etc. Find a year and model that you want to drive, and that values well in the condition of the DD.

This means that you're NOT going to spend money on it like it's the Queen of Sheba (Sheba... is that spelled right?) Anyway, buy a solid truck that you've choosen, with comparable values that make sense, and spend in the range of the values given.

It's not that tough. I can buy a '72 Chevy to drive in more than fine shape, and likely drop in a crate engine, if need be, for what they have in values.

Then insure and drive. Save your classic truck for after work, and yes, you can still drive it everyday! AFTER work. It's covered at agreed value, yet you drive a classic truck as your DD.

Now, before you crucify me with the "not everyone can afford two trucks"; I understand. I didn't say this was everyone's solution, however, in defense of the strategy: Look at 10 signatures on this website. If you can find two out of ten, on average, that only yell out one truck's model and spec's - I'd be surprised. So most of us can swing it. If you can't today, save a bit and you will.

Just one solution to the DD issues, and there are lots more given some thought and research. I guess that marks my $.02.
saa.

Originally Posted by Hubscrub (Post 5452792)

I have Grundy on my Nova, had no problems with them i can drive it any day, anytime, all the miles i want just not to work. I DON'T want to drive my classics to work anyways whats the fun in that? Pleasure driving is for them i drove my 86 Monte SS daily for a while until one day at lunch a 16 year old dropped his cell phone and rear ended me didn't hurt the car that bad tore his truck up though.:chevy:

Originally Posted by 70cst (Post 5452798)