Collector car insurance - The 1947 - Present Chevrolet & GMC Truck Message Board Network

Fldawg · 10-05-2016, 08:43 AM

Is it just me or does everyones collector car insurance go out of sight every year
mines jumping by over $100 each year, it didn't use to do this.

Bigdav160 · 10-05-2016, 10:22 AM

Mine has actually gone down the last three years in a row with Anpac Chrome

MMcMasters · 10-05-2016, 11:26 AM

Mine is pretty cheap (American Family) I do have to jump through a few hoops when I first insure a car. I have to have it appraised by a licensed classic car appraiser. Then I do an agreed value policy which generally has mileage restrictions. Mine is 3000 or less miles a year. I don't even come close to that and even if I did they have never checked my starting mileage

demian5 · 10-05-2016, 11:34 AM

I've had hagerty since 2006 and its not risen more than $8 since I started my policy.

Fldawg · 10-05-2016, 12:27 PM

Quote:

Originally Posted by Bigdav160

Mine has actually gone down the last three years in a row with Anpac Chrome

checked out there website went to get a quote and it said not avalible in my state, thought i was getting somewhere

davepl · 10-05-2016, 01:08 PM

I've been with Hagerty for about 20+ years and never really noticed that it's gone up more than the occasional inflationary adjustment. I've had 2 claims in that time as well (both comp, no collision though).

Coley · 10-05-2016, 01:14 PM

I can't do the collector plate/insurance route....just too restrictive in the usage of the truck.
We often call it parade insurance around here...but the restrictions might be different than in the U.S and often the savings do not compensate for the restrictions....just my opinion from north of the border tho'.
All Good
Coley

demian5 · 10-05-2016, 01:34 PM

Quote:

Originally Posted by Coley

I can't do the collector plate/insurance route....just too restrictive in the usage of the truck.
We often call it parade insurance around here...but the restrictions might be different than in the U.S and often the savings do not compensate for the restrictions....just my opinion from north of the border tho'.
All Good
Coley

I don't have any restrictions.

Bigdav160 · 10-05-2016, 02:16 PM

Sure you do, read your contract and don't believe what the salesman tell you.

Coley, the problem is that normal car insurance will say your "old truck" has little/no value in the event of a claim.

I was rear ended by a Mustang in my 1967 Nova. Insurance said the value (totaled) was only $800. But I could keep the car.

sawyerrm · 10-05-2016, 02:22 PM

Quote:

Originally Posted by Fldawg

checked out there website went to get a quote and it said not avalible in my state, thought i was getting somewhere

I tried but was denied b/c I don't have an enclosed garage, special rules for CA and FL due to car thefts in our states.

davepl · 10-05-2016, 04:39 PM

Quote:

Originally Posted by demian5

I don't have any restrictions.

You do if you're with Hagerty, though they're pretty flexible. First line on their page is:

"While there are some restrictions in the policy..."

All speciality insurance has restrictions. You cannot regularly drive to work, for example, because that's not pleasure use. There are no hard set mileage restrictions, though, if that's what you meant.

67ChevyRedneck · 10-05-2016, 05:00 PM

I've had hagerty on my mustang for 4 years now. It did go up $40 for the first time this year to $240/yr from $200/yr for 25K coverage.

Shinysideup · 10-05-2016, 05:28 PM

My Grundy policy has never increased in 5 years.

Coley · 10-05-2016, 05:29 PM

Quote:

Originally Posted by Bigdav160

Sure you do, read your contract and don't believe what the salesman tell you.

Coley, the problem is that normal car insurance will say your "old truck" has little/no value in the event of a claim.

I was rear ended by a Mustang in my 1967 Nova. Insurance said the value (totaled) was only $800. But I could keep the car.

This is a good point...and I looked into that when I got my insurance. They based on the value on what I had paid for the truck and put that against the market value of the vehicle....so i was comfortable with the regular insurance route.
Now, one thing we can do as well is supplement that with a certified appraisal which is a good thing...but your insurance will be adjusted to suit that amount.

As for the collector car insurance...around here it is only insured for so many days a month, never for driving to/from work and there are a few other elements to it. At least enough to put me off from it being a practical choice.

All Good
Coley

Fldawg · 10-05-2016, 05:32 PM

contacted grundy today , the girl said i was up for a rate decrease of $174 , i guess if i would not have questioned them it would have continued to go up, i guess it pays to call about your policy

10-05-2016, 08:43 AM	#1
Fldawg Registered User Join Date: Jan 2011 Location: Lynn Haven Florida Posts: 1,019	Collector car insurance Is it just me or does everyones collector car insurance go out of sight every year mines jumping by over $100 each year, it didn't use to do this. __________________ "Send in the clowns the goats are loose"

10-05-2016, 10:22 AM	#2
Bigdav160 Registered User Join Date: Apr 2011 Location: Klein Texas Posts: 3,852	Re: Collector car insurance Mine has actually gone down the last three years in a row with Anpac Chrome __________________ My Classics: '72 K20 Suburban + '65 Dodge Town Wagon '72 Corvette Roadster +'67 Corvette Roadster '73 Z-28 Camaro '63 Ford SWB Uni Pickup '50 Ford Coupe

10-05-2016, 11:26 AM	#3
MMcMasters Registered User Join Date: Dec 2012 Location: Rochester, IL Posts: 537	Re: Collector car insurance Mine is pretty cheap (American Family) I do have to jump through a few hoops when I first insure a car. I have to have it appraised by a licensed classic car appraiser. Then I do an agreed value policy which generally has mileage restrictions. Mine is 3000 or less miles a year. I don't even come close to that and even if I did they have never checked my starting mileage __________________ __________________ Mike 70 Med Olive build http://67-72chevytrucks.com/vboard/s...d.php?t=714804 Instagram- protouring66

10-05-2016, 11:34 AM	#4
demian5 Registered User Join Date: Aug 2016 Location: Lake Forest, CA Posts: 2,177	Re: Collector car insurance I've had hagerty since 2006 and its not risen more than $8 since I started my policy. __________________ "Work hard, use your vacation days." 1970 C15 GMC Long Bed 1986 C20 Scottsdale 1983 K2500 Sierra Classic Suburban 6.2 Instagram: C10sofOC

10-05-2016, 01:08 PM	#6
davepl Registered User Join Date: Aug 2006 Location: Redmond, WA Posts: 6,332	Re: Collector car insurance I've been with Hagerty for about 20+ years and never really noticed that it's gone up more than the occasional inflationary adjustment. I've had 2 claims in that time as well (both comp, no collision though). __________________ 1970 GMC Sierra Grande Custom Camper - Built, not Bought 1969 Pontiac 2+2 427/390 4-speed Coupe 1969 Pontiac 2+2 427/390 4-speed Convertible

10-05-2016, 01:14 PM	#7
Coley Registered User Join Date: Oct 2011 Location: Victoria, B.C Posts: 3,794	Re: Collector car insurance I can't do the collector plate/insurance route....just too restrictive in the usage of the truck. We often call it parade insurance around here...but the restrictions might be different than in the U.S and often the savings do not compensate for the restrictions....just my opinion from north of the border tho'. All Good Coley __________________ ....for some men, there is experience, skill and effort....for the others...there is visa and UPS LOL 1966 Chevy 1/2 ton (Florida- Red/white) 1972 Chevy 1/2 ton (California- Blue/white) 2005 Chevy Silverado HD2500/Duramax 2000 Dodge Ram 1500

10-05-2016, 02:16 PM	#9
Bigdav160 Registered User Join Date: Apr 2011 Location: Klein Texas Posts: 3,852	Re: Collector car insurance Sure you do, read your contract and don't believe what the salesman tell you. Coley, the problem is that normal car insurance will say your "old truck" has little/no value in the event of a claim. I was rear ended by a Mustang in my 1967 Nova. Insurance said the value (totaled) was only $800. But I could keep the car. __________________ My Classics: '72 K20 Suburban + '65 Dodge Town Wagon '72 Corvette Roadster +'67 Corvette Roadster '73 Z-28 Camaro '63 Ford SWB Uni Pickup '50 Ford Coupe

10-05-2016, 05:00 PM	#12
67ChevyRedneck Hittin E-Z Street on Mud Tires Join Date: Nov 2004 Location: Greenville, SC Posts: 23,090	Re: Collector car insurance I've had hagerty on my mustang for 4 years now. It did go up $40 for the first time this year to $240/yr from $200/yr for 25K coverage. __________________ Jesse James 1967 C10 SWB Stepside: 350/700R4/3.73 1965 Ford Mustang: 289/T5-5spd/3.25 Trac-Loc 1968 Pontiac Firebird: Project Fire Chicken! 2015 Silverado Double Cab 5.3L Z71 2001 Jeep Wrangler Sport 4.0L 5spd 2020 Chevrolet Equinox Premium 2.0L Turbo 2011 Mustang V6 ~ Wife's ride American Born, Country by the Grace of God 1967 CST Shop Truck Rebuild! My 1967 C-10 Build Thread My Vintage Air A/C Install Project "On a Dime" Trying my hand at Home Renovation! 1965 Mustang Modifications!

10-05-2016, 05:28 PM	#13
Shinysideup Registered User Join Date: Apr 2012 Location: Ocala,Fl Posts: 733	Re: Collector car insurance My Grundy policy has never increased in 5 years.

10-05-2016, 05:32 PM	#15
Fldawg Registered User Join Date: Jan 2011 Location: Lynn Haven Florida Posts: 1,019	Re: Collector car insurance contacted grundy today , the girl said i was up for a rate decrease of $174 , i guess if i would not have questioned them it would have continued to go up, i guess it pays to call about your policy __________________ "Send in the clowns the goats are loose"



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