Classic car insurance, who has it and where to get some?

[jbsteven]

I have decided to find a classic car insurance company over my current company of State Farm for insurance. I have found 2 quotes for my stock 68 and modified 66 for about $120-140 for the 68 and $350-$450 for the 66 (stated value on this one is $35k).

I will not be driving these as daily drivers but will be driving them.

Anyone recommend a certain company? websites? names? phone numbers? prices you pay?

thanks

 

[Pbum5]

I use State Fram for my 67. But a co-worker with many classics uses. http://www.hagerty.com/

 

[DarkBuddha]

Assuming you have a garage and a late model daily driver, then you've got plenty of options for reasonably priced collector car insurance. Many of them have painfully restrictive rules, but they're at least manageable. Hagerty has a great reputation, or if you belong to USAA they've got some company that will cover you.

For those of us that daily drive our cars, or don't have a garage or a late model daily driver, we're pretty much SOL except for State Farm who will do an agreed value policy for semi-reasonable coin.

 

[66_stang]

I use USAA and its 400~ dollars per 6 months. Im also 16

 

[Skymarshal]

Grundy has good rates for agreed-value coverage on cars that are not daily drivers. $160/year for $20k value!

It's more flexible than other policies that limit you to driving only between home and shows or parades. There are no mileage limits- you just can't use it as a primary vehicle, or a "backup" vehicle when your primary vehicle is unavailable.

 

[Timmy]

I use Hagerty.....

 

[fastdave]

I use Hagerty. Their policy is that you have another car as your daily driver and you keep you classic in a locked garage. They told me they dont care how many miles I drive because they want me to enjoy my classic car. $200 yr full coverage. It was funny, I had to have my windshield replaced because of a chip, the lady said how sorry she was _ acted like I lost a loved one! Said get it replaced asap by anyone I prefer. They treat you very well.

 

[10secgoal]

I use USAA and its 400~ dollars per 6 months. Im also 16

That's because one of your folks are in the service, or retired. You will be hurting like th rest of us come time to move out !
I wanted Hagerty. But they don't accept anyone with nitrous ! Know why ? They had to many claims of nitrous bottles exploding and catching fire. What a crock of doo-doo. I told them they need to do some investigating. They don't just blow. Especially catching fire ! Been watching to much F & F

 

[jbsteven]

That's because one of your folks are in the service, or retired. You will be hurting like th rest of us come time to move out !
I wanted Hagerty. But they don't accept anyone with nitrous ! Know why ? They had to many claims of nitrous bottles exploding and catching fire. What a crock of doo-doo. I told them they need to do some investigating. They don't just blow. Especially catching fire ! Been watching to much F & F

wellllllll

Hagerty is out since one of mine will be eating nitrous.

 

[jeffnoel]

Who has made a claim with their Classic car ins? How was the experience?

 

[DarkBuddha]

That's because one of your folks are in the service, or retired. You will be hurting like th rest of us come time to move out !

Actually, unless they've changed it, as the dependent of an ex-military parent, you can still keep USAA, which is why I still have insurance with them.

 

[69 Rustang]

as the dependent of an ex-military parent, you can still keep USAA

The key word is "dependent". When you move out you are no longer a dependent. This happened to me after college--I continued insurance through USAA after moving out AND buying a newer car--they raked me over the coals on rates. I figured out fairly quickly that any insurance company was cheaper than USAA for a 22 year old non-military male driving a Mustang GT convertible. Of course, it has been a few years since I was 22...

I now have my 69 insured through Grundy. So far no problem, but no claims have been made. They also don't know my car is in 10,000 pieces--that could be a problem should I have some sort of disaster... I think Hagerty will cover your car while it is being repaired/upgraded.

 

[Max Power]

I have Hagerty but haven't had any claims. The nice thing with them is one liability for all your cars, so if you have a bunch, you can save.

 

[DarkBuddha]

The key word is "dependent". When you move out you are no longer a dependent. This happened to me after college--I continued insurance through USAA after moving out AND buying a newer car--they raked me over the coals on rates. I figured out fairly quickly that any insurance company was cheaper than USAA for a 22 year old non-military male driving a Mustang GT convertible. Of course, it has been a few years since I was 22...

Maybe I'm misunderstanding here... are you saying USAA jacked up your rates because you moved out and therefore weren't a "dependent" anymore??? ??????? As I understand it, once you're a dependent, you're always a dependent in USAA's eyes. It simply makes you eligible for access to USAA's services and insurance, but it doesn't have any specific effects on your rates. However, based on your story above, I can only assume that USAA raised your rates because you were no longer insured under your parents' account, which means you had to be evaluated alone. Being 22, having a new car, and not getting a "multi car discount" is probably why your insurance went up, not simply moving out.

I will agree that USAA's rates aren't significantly better than anyone else's but they're as reasonable. I also think their minimum policies are more than most states minimums require, but when you have a family and own some stuff, you want the extra coverage. I just wished they did agreed value policies.

 

[70snake]

I,ve used Hagerty for years, and their policies are great for multiple car owners. News to me about the nitrous? My 70 has a 502 hp 428 w/200 hp of nos on top and they are covering me! The only thing i have noticed is that the horsepower/mods do make a difference in your premium.
Currently insured:
1970 Pro Street Shelby
1965 A/FX Comet
1972 Mach 1
1961 F100

 

[69 Rustang]

It simply makes you eligible for access to USAA's services and insurance...you were no longer insured under your parents' account, which means you had to be evaluated alone. Being 22, having a new car, and not getting a "multi car discount" is probably why your insurance went up, not simply moving out.

USAA's rates aren't significantly better than anyone else's...

All I can say is at the time (mid 1990's) I cut my insurance bill nearly in half. I was offered insurance through USAA because my parents were military, but was on my own policy. If I were a dependent seems like I would be riding on my parent's policy, but as I was not under their roof/address any longer had to have my own policy. My experience was that they are NOT cheap if you are single, male, driving a V8, under age 25. My solution has been to: get older, have kids, buy more stuff, buy insurance elsewhere.

Sorry about the hijack everyone!

 

[69 302/351c]

I've got Hagerty on both of mine but never a claim. I did file a claim 7 or 8 years ago when the 69 302 coupe was insured with Nationwide. I had the car in the garage, it was winter, and it was under the car cover. I had opened the door for a few minutes to look for something in the glovebox, put the cover back down and went into the house. 3 days later, I went back out to the garage and found I had locked one of my cats inside. The seats, all the door panels and the carpet were torn to shreds. Went down to the claims office, they asked me how much to replace everything including labor, then wrote me a check to cover it...less the $100 deductible. Their claim form described the car as " a show car in dealer condition"

The cat is still alive since the original Grande cloth upholstery was getting a little faded and worn anyway.

 

[10secgoal]

USAA is much better than any other service when you are in. I found this right at the end of my duty. Had a buddy when I found out, he was paying 360 every 6 months for a new silverado,1300cc Hyubasa and a 92 5.0 . How can that be ? Seems a little unfair, but what are you going to do ?

 

[olbob]

Hagerty is my insurer for three Mustangs, agreed value about 800.00
Bob

 

[BOB429]

I use Hagerty. I had to file a claim for a Broken Windshield. I have bumper to bumper coverage. I called them was 100% covered. No problems no hassels just great service.