Quote:
Originally Posted by POS
The only thing Hagerty said that was relevant to the rate was that the 80s cars have a higher than normal "payout" rate - hence the higher premium. Next year when the car turns 25, I'm most certainly point that out. No justification needed for another oldy, problem is where to put it. I need a six-car garage - maybe in a few years.
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That last comment was sort of tounge in cheek, but yeah, ask them if the rates can be lowered next year. They will never volunteer to lower it though, you have to be pro-active. They admitted as much to me when I asked about it.
I'm certain if you look at the endorsement it will show your car under rate code "E" for exotic. If they rated it a "C" for classic the rates would be 25% of what they are for exotic.