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#1 |
Registered User
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Location: Richmond, Texas
Posts: 598
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Insurance
I need some feedback on this one. I need to insure the suburban I'm building for more than blue book value. It's not complete yet though. Does anyone know of a company that will insure vehicles that are in process and not finished yet? I'd hate for something to happen to it and only get blue book for it after I've invested $$$$$$$$$$$. Thanks in advance for the help.
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My Suburban Project 72 Suburban 68 SWB 57 Belair 55 Cameo 06 Chevy 1/2 ton crew 09 Suburban |
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#2 |
Active Member
Join Date: Jul 2003
Location: Boise Idaho
Posts: 296
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Re: Insurance
Try hagerty.com. I just insured my unfinished truck with them and it was less than $200/year for full coverage. This is for a stated value insurance. Only stipulations are that you have it in a locked garage and can only drive it to car shows, club events, etc. Hope this helps
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1971 SWB SOLD
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#3 | |
Just need a couple more parts.
Join Date: Jan 2005
Location: Calgary, Alberta, Canada
Posts: 470
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Re: Insurance
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Same stipulations as listed above.
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--------------------------------------------------- 1947 Studebaker M5 project to match the camping trailer. 1950 Chev 4x4 Pickup 1958 Shasta Airflyte Travel trailer (fresh restoration) 1971 C/10 Pickup(Frame off Restoration) 1972 K5 Blazer CST (Daily Driver & My Company Truck) 1976 Honda CB750 Bobber 1988 Jaguar XJ12 |
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#4 |
Outlandish Trends - FL
Join Date: Jul 2005
Location: Orlando
Posts: 1,396
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Re: Insurance
That's how I have my 67 insured. Can't drive it more than 2,500 mi./yr and cannot drive it to work, or on a regular basis. It has to be in a locked garage like mentioned and I pay about $150-/yr. Next year I can re-submit to insure it for the value I tell them, but for this year I needed to insure it for the purchase price since I just bought it.
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-Bret 67 short-fleet sold! |
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#5 |
C10 Club Tennessee
Join Date: Mar 2003
Location: White House, TN 37188
Posts: 8,281
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Re: Insurance
Check with Luv2xclr8-He's got GQ isured for like $18 a year or something like that until he gets done with it.
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Bryan www.gmtruckshow.com Project "Andes"-Halen's First Truck Project: Patina Burb for he is God’s servant for your good. But if you do wrong, be afraid, for he does not bear the sword in vain. For he is the servant of God, an avenger who carries out God’s wrath on the wrongdoer. Romans 13:4 |
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#6 |
Registered User
Join Date: May 2004
Location: Chandler, AZ
Posts: 519
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Re: Insurance
Well then, I should be a fellow you'd want to keep in touch with. Last Friday, I managed to incur over $4,000.00 in damages to my '69 I keep it as a daily driver and used to insure it for a "stated value"- $14,500.00 . I insured it with MetLife for a for about $700.00 (full coverage) a year here in Phoenix. That means it starts out worth that much and depreciates from there. I recently switched agents and under his advice, didn't use stated value. We did however, keep a copy of the appraisal and photos on file. I am currently waiting for my insurance comapny, Hartford, to respond to the repair estimate. If you like, I'll keep you posted via pm. Meanwhile, I would suggest you employ the services of a qualified appraiser and take the appraisal to an insurance agent you trust.
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![]() ![]() Last edited by Zonaman; 11-09-2005 at 08:26 PM. |
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#7 | |||
Union Electrician
Join Date: Feb 2005
Location: Louisville, Ky.
Posts: 3,356
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Re: Insurance
I have progressive and they have a deal called GARAGED insurance. Meaning it isn't being driven, just garaged and protects against fire, theft,vandilizim(sp), tree falling on garage ect... and the best part it is dirt cheap!! I don't really drive my 69 and just asked what I could do and they told me about this plan and simply asked how much I wanted to insure it for, and that was that. I know your home owners should cover anything in your garage, but they will for sure want an appraisel and pics and of course more $$$ my .02
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#8 | |
Out of the carpool lane.
Join Date: Jan 2000
Location: Clark Co, WA
Posts: 5,673
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Re: Insurance
Zonaman, could you keep us all informed in a separate thread. I think there are ALOT of people interested in a situation like this where an insurance company has to pay up. I've been with USAA for almost 20 years and have yet to file a claim, but would like to know how an insurance co is going to treat a truck like ours.
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1968 C-10 SWB, 5.7 Vortec/700R4/3.73 posi, Torch Red 1968 Camaro, 250/Powerglide, all original (No, I'm not gonna drop a 350 in it!...Jeez!) 2000 Honda VFR in the faster yellow! 2008 Husqvarna TE-610 1967 C-10 SWB 'Six Appeal'-Gone but not forgotten... |
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#9 |
Senior Member
Join Date: Nov 2004
Location: Vacaville, CA
Posts: 2,272
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Re: Insurance
My homeowners insurance (AAA) does not cover a car in the garage unless it is a project in parts. They told me I had to get car insurance to cover my cars in the garage. I had a friend that had his 1970 Monte Carlo that had been restored but was not driven and not insured and when the house caught on fire and his car burned up in the garage the insurance would not cover his car. Just my .02 but getting coverage from a company like Haggerty for your project is cheap and they are great to work with when you have a claim, no hassle at all.
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#10 | |
Registered User
Join Date: May 2004
Location: Chandler, AZ
Posts: 519
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Re: Insurance
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#11 | |
Outlandish Trends - FL
Join Date: Jul 2005
Location: Orlando
Posts: 1,396
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Re: Insurance
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-Bret 67 short-fleet sold! |
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#12 | |
Registered User
Join Date: May 2004
Location: Chandler, AZ
Posts: 519
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Re: Insurance
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![]() ![]() Last edited by Zonaman; 11-10-2005 at 10:55 PM. |
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#13 |
Chevy Forever
Join Date: Jun 2005
Location: Dalzell SC
Posts: 314
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Re: Insurance
I have to say that Hagerty insurance is pretty good I have 35k of insurance together on my two and it only costs me $274 a year now they don't cover tow rigs and they don't cover daily drivers like stated above but I have always thought if I plan on driving it for a daily driver then I will just add more insurace from some other company. So that I know I am covered in case of an accident I guess it would be like having two life insurance policies on them. but that is just my .02 hope everything works out for your Zonaman
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My first love 1971 C20 Hugger orange Getting face lift and heart transplant .30 402 BB /TH400 and GV Wifes car 1969 Chevelle SS 396 325hp/TH400 Factroy A/C Automatic w/ Floor shift console. restored. |
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#14 |
Watch out for your cornhole !
![]() Join Date: Jun 2003
Location: Azle, Texas
Posts: 14,162
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Re: Insurance
I use Hagerty for all my old stuff. They never ask for any odometer readings, so I don't know how they'd technically know if a fellow was daily driving it or not.
All they ask for is three pictures via email when you establish the policy and that you do keep it in a locked garage at nights.
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I'm on the Instagram- @Gearhead_Kevin |
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#15 |
Registered User
![]() Join Date: Jan 2004
Location: Richmond, Texas
Posts: 598
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Re: Insurance
Thanks for all the replies! I'll give Hagerty a call.
Thanks again.
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My Suburban Project 72 Suburban 68 SWB 57 Belair 55 Cameo 06 Chevy 1/2 ton crew 09 Suburban |
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#16 | |
Registered User
Join Date: May 2004
Location: Chandler, AZ
Posts: 519
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Re: Insurance
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![]() ![]() Last edited by Zonaman; 11-14-2005 at 01:12 PM. |
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