I recently moved my Bugeye off of my regular insurance (Nationwide) to
Haggerty's primarily for the stated value coverage. They did not require
that I move my other 3 cars to them -- actually just the opposite. They
only cover collectable cars.
What they do require is that "all drivers of the vehicles insured by this
program will also own a regular-use vehicle that is used for normal everyday
driving such as driving to and from work or school, errands and general
transportation."
In other words, they want to make sure you have another car for regular use.
They would not provide coverage if your collectable was your only car.
I don't know about the requirements of other collectable car insurance
companies. I would not go with a company that requires me switch coverage
of my entire stable.
Jeff
-----Original Message-----
From: Lancer7676@aol.com <Lancer7676@aol.com>
To: ckotting@iwaynet.net <ckotting@iwaynet.net>
Cc: spridgets@autox.team.net <spridgets@autox.team.net>
Date: Thursday, September 03, 1998 3:07 PM
Subject: Re: SUMMARY: Insurance for LBCs
>I have been trying to get my Midget insured by a company other than State
>Farm, who insures my other 3 vehicles. There are 4 drivers in the family
and
>prior to purchasing the Midget, we had 3 vehicles. Shortly after
purchasing
>the Midget a couple of weeks ago, I went to State Farm to add it to our
>policy. Cost me about $220/6 months for full coverage. Well ok--I paid
that.
>Today we got another bill for $178 more on one of our other vehicles for
which
>we have fully paid the next 6 months. Calling them, and noticeably not
very
>happy about it, I found out that when I added the Midget, that gave us one
car
>per driver, which meant, to them, that each driver was able to drive all
the
>time--thus the $335 per year increased insurance cost. What a way to fluff
a
>guy!
>
>Anyway, I decided I could save at least the $335 per year if I had the
Sprite
>insured by another company--NOW I am finding out that the Sleazes with whom
I
>have talked will not insure the Midget unless they also insure ALL my
>vehicles. I keep telling them it is MY car, I am the ONLY driver, and I
only
>want to insure the Midget!!
>
>Do any of these insurance companies you guys have been mentioning insure
ONLY
>the car in question, or do they all require you to move your entire stable
to
>their policy?
>
>------David
> '67 Sprite MKIV, aka, Vicky (Under Restoration and Uninsured)
> '79 Midget, aka, The Taz (Insured and being taken to the cleaners)
>
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