Insurance?
- Thread starter 1929
- Start date
31 Model A
Well-known member
Hagerty, $168.00 a year with 5000 miles yearly and Sarah is covered for $24000. in value.
I don't know if I can only drive 5000 miles, after the rebuild Iam addicted to driving this car.
Jeff P. / MN
Senior Member
My '29 Cabriolet is $132.00 annual premium through Grundy. Insured for 24K, 300K liability limit.
Big hammer
Well-known member
State Farm, 94$/yr, unlimited mileage, 12,000$ value, multiple car discount
Nabco
Senior Member
I was with State Farm, back in August I pretty much talked to every company out there and landed with Hagerty....here are the differences...
Went from a $15K "actual value" policy with SF to a $25K "agreed value" Policy...in my opinion the "agreed value" is one of the most important aspects of a policy, SF does not even offer that option and many companies are the same. With an "actual value" policy you are not guaranteed to get that amount, with "agreed value" you are.
With SF I had $100 deductible on Collision and $250 on Comprehensive, with Hagerty both are $0
With SF my annual mileage limit was 1500 with Hagerty it is 3500
With SF my roadside assistance was within 10 miles of my home with Hagerty it is 50 miles
With SF I had $500 in spare part coverage, with Hagerty it is $750
And probably most important they were very clear on how and where I can drive the car...with SF they were very "wishy washy' at best.
The annual difference in cost...went from $110 to $185
Nick
Went from a $15K "actual value" policy with SF to a $25K "agreed value" Policy...in my opinion the "agreed value" is one of the most important aspects of a policy, SF does not even offer that option and many companies are the same. With an "actual value" policy you are not guaranteed to get that amount, with "agreed value" you are.
With SF I had $100 deductible on Collision and $250 on Comprehensive, with Hagerty both are $0
With SF my annual mileage limit was 1500 with Hagerty it is 3500
With SF my roadside assistance was within 10 miles of my home with Hagerty it is 50 miles
With SF I had $500 in spare part coverage, with Hagerty it is $750
And probably most important they were very clear on how and where I can drive the car...with SF they were very "wishy washy' at best.
The annual difference in cost...went from $110 to $185
Nick
goodoldvic
Senior Member
Hagerty $145.00, in line with my regular vehicles. Satisfied with service. With them 12 years.
Nabco
Senior Member
I would agree that regs differ but that really pertains to financial coverages, personal injury limits, uninsured motorists, medical payments, etc. Things like "actual value" and "agreed value", limits, how you can drive your car, deductibles, etc. are set by the company and IMO are what's important, you will automatically get the financial coverages you need based on the state you live in regardless of the company you deal with.
agree, Iam sure New York is high.
BlueSunoco
Well-known member
Have both Grundy and Haggerty. Both good. Not really much difference. Grundy was ten bucks a year cheaper on the Model A than Haggerty, not enough difference to fret over. And yes, state by state and location plays all the difference. Hard to compare someone living in rural Missouri to a person living on Long Island it doesn't work!
Pick either and you will be happy.
Pick either and you will be happy.
Synchro909
Well-known member
Disconnect the odometer cable, at least for a while and maybe use GPS to keep a check on your speed.
mhsprecher
Well-known member
JC Taylor for me. I bought two more cars and I didn't need more liability. I guess you can only drive two at a time!
Cape Codder
Well-known member
Insurance for me is in line with lawyers and used car sales men. You all can figure the relationship. They seem to say what you want to hear. What Nabco states "And probably most important they were very clear on how and where I can drive the car...with SF they were very "wishy washy' at best". I see that as a disadvantage because if you want to go down to the local "Convenience" store for a gal. of milk, and get in an accident, you probably won't be covered as it is not considered a club function. Most companies list such things as parades, club planned trips, or other CLUB functions. I don't see any companies not setting these limitations.
goodoldvic
Senior Member
Hagerty is pretty liberal in their stated limitations, although they do use the phrase " flexible use" in their guidelines. I've never made a claim and not ever really considered where I was driving to in regards to my insurance policy.
Nabco
Senior Member
I asked the State Farm underwriter (and it was hard to get to an underwriter) and specifically asked if I could drive the car to get ice cream or pick up some milk and they said I could not....asked Hagerty the same question and they said I could....their response was we want our policy holders to drive their cars to promote the hobby so they get more customers....makes sense...
My father-In-law owned this my car for 40 years and always had JT Taylor, when I contacted them they said they DO NOT do "agreed value" and they were very restrictive on how the car was used....both deal breakers for me.
My father-In-law owned this my car for 40 years and always had JT Taylor, when I contacted them they said they DO NOT do "agreed value" and they were very restrictive on how the car was used....both deal breakers for me.