Classic Car Insurance

I remember looking into two companies to get classic car insurance, Hagerty was one. I'm looking for the other big company or any other recomendations. Hagerty charges about $100 per car as long as you have antique plates, so i am looking for one in the similar price range. ______________________________ Phil Lawlor CVA Webmaster snipped-for-privacy@CtVwA-spam-.com

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CVA Webmaster
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Reply to
Ben Boyle

filed a claim and they were fantastic at

Citroen 2CV, and a Model A on it and the

Reply to
CVA Webmaster

don't tell them you are going to sleep in it Dave

Reply to
David

Grundy is the way to go. I had 4 cars insured (no collision 'cause I built them) with a stated value of $25,000, $8,500, & two at $4,000 (or was that $4,500?), & it cost me $245 per year. No mileage limitations, no special tags needed. Must be stored indoors, & not used for work transportation or errands. I. Liability: Includes $1,000 Medical Payments, Uninsured Motorist Coverage (statutory limit), and No Fault as required. The following premium is applied only once for all vehicles listed, annually. (Part I available only with Part II or Part III) $100,000 - cost $30 $500,000 - cost $35 $300,000 - cost $33 $1,000,000 - cost $40

II. Comprehensive Rate Excluding Collision: A) 25 or more years old - Cost .35/$100 of insured value. B) Less than 25 years old - Cost .70/$100 of insured value.

III. Comprehensive Rate Including Collision: A) Thru 1945 - Cost .55/$100 of insured value. B) After 1945 but 25 or more years old - cost .65/$100 of insured value. C) Less than 25 years old - cost 1.40//$100 of insured value. You can contact Grundy via their "ACCU-QUOTE HOTLINE" at 800-338-4005 or visit

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HTH, ~ Paul aka "Tha Driver"

Giggle Cream - it makes dessert *funny*!

Reply to
ThaDriver

On Thu, 16 Sep 2004 02:07:50 GMT, CVA Webmaster scribbled this interesting note:

I've got two cars insured with Grundy. A 1959 Beetle and a 1974 Thing. The yearly premium for both cars is $120.00.

-- John Willis (Remove the Primes before e-mailing me)

Reply to
John Willis

I looked into Classic insurance for my 74 they said no problem $145 for the year. I now pay $500 for regular insurance with very good coverage. The problem with the classic insurance is if your car is not used as a show car and sometimes you do drive it to work if one of your other cars are in for repair, you are not covered if you kill someone. YOu can be sure if there is a lot of money involved the company is going to look real hard to see if you were in the terms. I can kill someone with my 30 year old car just like a new car and lose my house if I am sued. I decided to pay the $500 and sleep nights. Joe

Reply to
Joe Cali Next Generation-usa

On 16 Sep 2004 13:55:01 -0700, snipped-for-privacy@OPTONLINE.NET (Joe Cali Next Generation-usa) scribbled this interesting note:

Not true with Grundy. They have no restrictions on usage. That's one of the reasons I went with them.

-- John Willis (Remove the Primes before e-mailing me)

Reply to
John Willis

of the reasons I went with them.

********* John, Better check your policy. Grundy stipulates that you *cannot* use the car for work transportation or errands. They have no restrictions on mileage, however. ~ Paul aka "Tha Driver"

Giggle Cream - it makes dessert *funny*!

Reply to
ThaDriver

I have several vehicles with hagerty and they allow pleasure cruises, it is always a pleasure to drive one of my cars. they have stipulation on not a daily driver or to work.

David

Reply to
Mycoran

The same is true with Hagerty policies; although, Hagerty now offers riders which cover usage which would otherwise be restricted under their standard policy.

No matter which company you chose to insure your collectible vehicle, it is a good idea to discuss your intended usage with the company and to read the policy to ensure that you are operating within the stated terms of coverage. The potential financial downside of noncompliance is way too drastic to justify the couple of bucks you might save by "stretching" your usage.

Tim

Reply to
The Guy

On Fri, 17 Sep 2004 01:15:31 -0400, "ThaDriver" scribbled this interesting note:

This is true. I should have stated no restrictions on mileage instead of usage. That was important to me since the usual 2500 miles per year most other insurers require is simply too little. I don't use these cars for daily, regular transportation, although I see nothing wrong with combining a road test or weekly run with a hop up to the grocery store for milk and eggs!:~) (Besides, the car has to be run occasionally just to keep things like the battery properly charged. After doing an oil change and adjusting the valves, etc. a road test is a good thing. So what if it coincides with going to the gas station and grocery store?)

-- John Willis (Remove the Primes before e-mailing me)

Reply to
John Willis

The problem I saw when researching classic insurance such as Hagarty was the amount of liability coverage they provided. I don't remember the amounts exactly, but as I recall it was a pretty significant difference between classic and conventional insurance ( like 1/10 the liability coverage). Sure you'd be covered if you hit a tree, drove off a bridge, or had your classic stolen... but get another party involved and an all too common law suit.. you'd fall short. Since I store my car for 4 months every year, and only need comprehensive coverage for the storage period, I come out money, and certainly security ahead.

Reply to
JeffRens

I hate insurance companies, remember they are not going to give way anything. Be very carful. You have no idea how much I wanted vintage plate on my bug. After reading the fine print, a nice new set of vintage plates are on my garage wall. We have two commuters cars, when one is in the shop for service I use the bug to get to work. 70miles on high speed roads. I rather pay full price. My bug is a mint T-4 powered custom machine and I love it. Check it out

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Joe Cali

Reply to
Joe Cali Next Generation-usa

On 17 Sep 2004 20:15:44 -0700, snipped-for-privacy@OPTONLINE.NET (Joe Cali Next Generation-usa) scribbled this interesting note:

Oh, I understand all that. Our antique VWs cannot be used for work in our household. When I go to work I drive a '72 GMC truck (or other trucks as the job may dictate.) When my wife goes to work she, more often than not, takes a car load of various props, costumes, and miscellany, that she uses to teach her after school drama classes or in her story telling, or in her face painting, etc.

It is just about time for me to do more work on the '59. You know, front beam work, tune up, etc. After that the car is going to need some extensive road testing which means a bit of driving. Then I may go ahead and get a set of wheels blasted and powder coated and a set of wide whites installed and that means even more road testing!

Then there are always events all across the region. Various swap meets, car shows, club activities, and special interest events that are legitimate reasons (both by the insurance company standards and the state registration standards) to go for a drive. Even a long drive.

These cars are almost Sunday Drivers. Between the Honda Wagon and the various work trucks, all the regular transportation needs are met. After a particularly stressful week, the '59 is a very nice way to unwind and relax on local back roads that are little traveled.

-- John Willis (Remove the Primes before e-mailing me)

Reply to
John Willis

John then for you it should work out perfect. Just letting some some guys in on what they have to watch out for. It is not a way to save money just because your car reaches 25 years old. You have to read the fine print and go by their rules. Joe

Reply to
Joe Cali Next Generation-usa

Any vehicle that's driven as an ordinary daily driver should have tags and insurance just like any other car, no matter what it's age is. Historic/vintage tags and insurance are intended for vehicles that are driven for pleasure purposes only, not just because the vehicle is an antique. When you apply for vintage tags in most states it specifically says that you're not allowed to use the vehicle as a daily driver or as a "second" or "spare" vehicle. That's pretty much universal for any state or insurance company. I suppose one could argue that driving it for a couple of days while one's daily driver is being repaired wouldn't be a big deal. However, it opens the door for the vehicle to be driven any time for any reason, when it shouldn't be. I wish I had a nickel for every vehicle that I see here locally that has historic tags on it and it's being driven as a daily driver because the owner wants to get away with having lower registration fees and lower insurance. I'm sure that most get away with it. Old, beat up, rusted out cars and trucks that are driven to job sites shouldn't be allowed to have vintage tags just because the owner wants to cheat and save money.

Reply to
Mike64Bug

i see it all the time on contruction sites...old beater trucks that are tagged as antique to avoid the yearly safety inspection...some even go so far as to tag them as farm vehicles.....sad really....i'd rather have my vehicle up to safety standards if i am going to trust *my* life to it, as well as others around me...

------------------- Chris Perdue

"Sometimes you're the windshield, sometimes you're the bug!"

Remove "PANTS" to e-mail

Reply to
Chris Perdue

I looked for any company that would sell me a full coverage (and full price) policy on my 73 Karmann Ghia Coupe, there were none that I could find but several suggested haggarty. Haggarty told me that I would be limited to 5000 miles a year and requires that the car has to be stored in a garage. I can easily comin in under the milage requirement but I don't have a garage. =^(

I like driving the Ghia, I usually drive it three or four days a week to work and at least once on the weekends. It scares the hell out of me to only have Liability insurance...

Tracy

Reply to
Tracy

I originally had my VW insured with State Farm. It had useage restrictions but it didn't have to be in a locked, bomb proof garage like some of the specialty car insurers. It was a policy that had an agreed upon value. I forget the exact terminology. Basically, I told them what I thought it was worth and they accepted my estimate. My agent then took pictures of it for his records. I was able to meet the criteria for Hagerty with my VW so I changed and went with them. I thought I would be better off in the long run.

Reply to
Mike64Bug

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