My experience was exactly the opposite.
My agent wanted to write a regular policy for my car, costing in
excess of $500/year. I asked if there was any way to get a reduction,
since the car was only driven in fair weather, and was not my daily
driver. He said the only policy he offered was a collector policy, which
only permitted the car to be driven to and from car events such as shows
and parades.
Hagerty issued a declared value policy for less than $150/year
with a couple of provisions:
1. Car is stored indoors
2. No teen drivers
3. Not my daily driver
4. Car is at least 25 years old
No annual mileage limit and I did not need an appraisal. I
thought Hagerty was a screamin' deal.
Vance
-----Original Message-----
From: 6pack-bounces@autox.team.net [mailto:6pack-bounces@autox.team.net]
On Behalf Of David Friedlander
Sent: Thursday, September 02, 2010 10:38 AM
To: 6pack@autox.team.net
Subject: Re: [6pack] Hagerty Car Ins. up 14%??
I am not sure I understand the benefit of using insurers like Hagerty,
Leland, Grundy
and the like....
I simply took my Six to a local reputable classic vehicle assessor and
took his assessment
document to my State Farm agent who insures all my other cars, too. He
promptly wrote me
a comprehensive policy for the full appraised value of the car. I'm not
sure I see the benefit
offered by "classic" car insurance companies. Seems like fancy wrappings
for a rather generic
product (car insurance) giving them a pretext upon which to charge a
premium for their premiums!
Dave Friedlander
'74-Six
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