If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. |
|
|
Thread Tools | Display Modes |
#1
|
|||
|
|||
Collector Insurance?
Hey guys is there a group consensus on which company
to get "Collector Car Insurance"? i.e like Haggerty or Grundy, etc.? I want to move my '94 6sp Ragtop from USAA. And if I remember correct there is a specific caveat I need to be sure of. Some special wording on the "Agreed Value" section, if I'm not mistaken. It hasn't been my daily driver for a couple of years (very little mileage per year), garage kept and I need to get it off USAA's Policy for the cost per/mile driven. Plus the replacement value USAA would settle on if it got totaled at it's current age. Thanks! -- Ric Seyler Online Racing: RicSeyler GPL Handicap 6.35 http://www.pcola.gulf.net/~ricseyler remove –SPAM- from email address -------------------------------------- "Homer no function beer well without." - H.J. Simpson |
Ads |
#2
|
|||
|
|||
Collector Insurance?
"Ric Seyler" > wrote in message ... > Hey guys is there a group consensus on which company > to get "Collector Car Insurance"? i.e like Haggerty or Grundy, etc.? > > I want to move my '94 6sp Ragtop from USAA. > > And if I remember correct there is a specific caveat I need to > be sure of. Some special wording on the "Agreed Value" section, > if I'm not mistaken. > > It hasn't been my daily driver for a couple of years (very little > mileage per year), > garage kept and I need to get it off USAA's Policy for the cost > per/mile driven. > Plus the replacement value USAA would settle on if it got totaled at > it's current age. > > Thanks! > > -- > Ric Seyler I use http://www.americancollectors.com/ with out a problem and at a lower cost than some of the other names. I've not had a claim so it has yet to prove itself in that manner. My polices are for stated value which also determines your premium, of course. Note that they will increase your policy if the trend for you car is appreciating. -- Dad 05 C6 Silver/Red 6spd Z51 72 Shark Black/Black/4spd 64 Red/red/white top/4spd |
#3
|
|||
|
|||
Collector Insurance?
Another issue is liability if you really screw someone up. Nobody talks
about this fact, only how well / quickly they fix your car. Get a $1,000,000 lawsuit against you and you may not be worrying too much about your car. Will Americas Collector cover you that well in a $1 Mil lawsuit? You might ask them Get a $1 Mil umbrella policy with a $100,000 deductible via a regular insurance company (state farm) and these collector car companies may be all right. I have collectors insurance through state farm and they go stated value on a price you justify before you get the policy. I have one for $40,000 stated value on my 64 that costs me $144 twice a year. I also know I have liability up to $2 million with my umbrella policy through them. I had that same company insure my 69 L71 when I crashed it in '96. It was insured for $23,000 and the company spent about $13,000 to get it repaired. Wasn't any sweat, at least the insurance company part. Getting it repaired correctly and in a timely matter is another story. Vito "Dad" > wrote in message .. . > > "Ric Seyler" > wrote in message > ... >> Hey guys is there a group consensus on which company >> to get "Collector Car Insurance"? i.e like Haggerty or Grundy, etc.? >> >> I want to move my '94 6sp Ragtop from USAA. >> >> And if I remember correct there is a specific caveat I need to >> be sure of. Some special wording on the "Agreed Value" section, >> if I'm not mistaken. >> >> It hasn't been my daily driver for a couple of years (very little mileage >> per year), >> garage kept and I need to get it off USAA's Policy for the cost per/mile >> driven. >> Plus the replacement value USAA would settle on if it got totaled at it's >> current age. >> >> Thanks! >> >> -- >> Ric Seyler > > I use http://www.americancollectors.com/ with out a problem and at a lower > cost than some of the other names. I've not had a claim so it has yet to > prove itself in that manner. My polices are for stated value which also > determines your premium, of course. Note that they will increase your > policy if the trend for you car is appreciating. > > -- > Dad > 05 C6 Silver/Red 6spd Z51 > 72 Shark Black/Black/4spd > 64 Red/red/white top/4spd > |
#4
|
|||
|
|||
Collector Insurance?
On Fri, 25 Apr 2008 13:37:00 -0400, "Dad" > wrote:
> >"Ric Seyler" > wrote in message ... >> Hey guys is there a group consensus on which company >> to get "Collector Car Insurance"? i.e like Haggerty or Grundy, etc.? >> >> I want to move my '94 6sp Ragtop from USAA. >> >> And if I remember correct there is a specific caveat I need to >> be sure of. Some special wording on the "Agreed Value" section, >> if I'm not mistaken. >> >> It hasn't been my daily driver for a couple of years (very little >> mileage per year), >> garage kept and I need to get it off USAA's Policy for the cost >> per/mile driven. >> Plus the replacement value USAA would settle on if it got totaled at >> it's current age. >> >> Thanks! >> >> -- >> Ric Seyler > >I use http://www.americancollectors.com/ with out a problem and at a >lower cost than some of the other names. I've not had a claim so it >has yet to prove itself in that manner. My polices are for stated >value which also determines your premium, of course. Note that they >will increase your policy if the trend for you car is appreciating. Rick: I too use American Collectors BUT unlike Dad I have had a claim...!!! The only problem I had with the claim was waiting 3 days for their adjuster to see the car.. They do not use everyday run of the mill adjusters they use car guys ..(mine was of all things into Mopars) but all my concerns were put to rest ..The adjuster explained everything to me explained that for collector cars they will only use correct parts, explained what parts are covered in full (I ripped the oil pan on my car..it was covered in full as it is not a replacement part..but I also destroyed my entire exhause system (after market) since exhaust systems are replacable they will deduct 10 percent ..only cover 90 percent of the total replacement afte one year ..and will not cover it at all if the system is 11 years old since it needs replacement anyway... Shop where I had the car repaired had absolutely no problem fixing it correctly, The body shop never had any problems dealing with the adjuster ..none ! My Rates have NOT gone up a single penny in the 10 years or so since the accident...BUT like Dad mentioned the agree upon value (and thus rates) creap up every year ..I pay my insurance in Novevember..and February the agree value jumps about 1-2% and in May it will jump another 1-2 percent and then August yet another 1-2 percent BUT the premium (yearly) does not change...Next November however I will see that my agree upon value is 4-6% higher then the years before and my total bill is also slightly higher... I Insure 5 Corvettes with them.. and used to insure my 68 Chevelle with them on the same policy when I had it... Its cheaper to do multiple cars then indivually if you have more then 3 insured.. The actual Insurance company is American Bankers Ins of Florida BTW... American collectors is the broker... One more thing...the newer you car is the more expensive it is to insure...My total bill for all 5 Corvettes is just under $1,000 for the entire year .. the price for the 98 ALONE is close to $400 the rest all come in about $150 each some less some more Bob G. 64 72 & 98 Ragtops 76 & 79 Coupes |
#5
|
|||
|
|||
Collector Insurance?
Ric Seyler wrote:
> Hey guys is there a group consensus on which company > to get "Collector Car Insurance"? i.e like Haggerty or Grundy, etc.? > > I want to move my '94 6sp Ragtop from USAA. > > And if I remember correct there is a specific caveat I need to > be sure of. Some special wording on the "Agreed Value" section, > if I'm not mistaken. > > It hasn't been my daily driver for a couple of years (very little > mileage per year), > garage kept and I need to get it off USAA's Policy for the cost > per/mile driven. > Plus the replacement value USAA would settle on if it got totaled at > it's current age. > > Thanks! > Thanks guys!! -- Ric Seyler Online Racing: RicSeyler GPL Handicap 6.35 http://www.pcola.gulf.net/~ricseyler remove –SPAM- from email address -------------------------------------- "Homer no function beer well without." - H.J. Simpson |
Thread Tools | |
Display Modes | |
|
|
Similar Threads | ||||
Thread | Thread Starter | Forum | Replies | Last Post |
I LOVE MY Best CAR ...i need you......insurance....insurance...insurance...forit | kucing | Driving | 1 | January 28th 08 10:18 PM |
I LOVE MY Best CAR ...i need you......insurance....insurance...insurance...forit | kucing | General | 0 | January 28th 08 10:37 AM |
I LOVE MY Best CAR ...i need you......insurance....insurance...insurance...forit | kucing | Honda | 0 | January 28th 08 10:24 AM |
Collector Car Insurance | Matt Surette | Corvette | 17 | September 7th 05 09:59 PM |
Stated/agreed value collision insurance for a daily driver collector car? | Stephen Gorrell | Antique cars | 2 | April 20th 04 06:30 AM |