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  #1  
Old 04-22-2010, 10:37 AM
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Insurance Rates

I just heard a rumor that Hagerty's is increasing their rates by as much as 40% this year. Has anyone heard anything on this? If so maybe it's time to look at Grundy again.

So who is getting a good deal on "Agreed Value" insurance? Right now I am paying $190.00 per year to cover both the Alfa and the 280SE with unlimited miles & roadside assistance.

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Old 04-22-2010, 12:26 PM
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Nice rate !
Who is that with if I may ask ?
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Old 04-22-2010, 01:20 PM
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I paid more for basic liability on Goldie Locks for six months as a second car.
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  #4  
Old 04-22-2010, 02:19 PM
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Quote:
Originally Posted by TnBob View Post
Nice rate !
Who is that with if I may ask ?
TnBob,

That rate is with Hagerty's. I just got a quote from Grundy and it was $109.00 for the year for both cars(not just 1). My policy is up in July and the difference compels considering Grundy when it comes time to renew.
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Old 04-22-2010, 02:26 PM
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Do they allow you to commute to work in your classic car?

Bert
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  #6  
Old 04-22-2010, 02:35 PM
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I don't think any collector insurer will let you commute to work with your car. At least none of the ones that i've talked to.
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  #7  
Old 04-22-2010, 03:23 PM
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Very timely discussion --- I'm listening.
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  #8  
Old 04-22-2010, 04:05 PM
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Thanks !

To save others from hunting :

http://www.grundy.com/
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1985 300D 198K sold
1982 300D 202K
1989 300E 125K
1992 940T

"If you dont have time to do it safely, you dont have time to do it"

"The democracy will cease to exist when you take away from those who are willing to work and give to those who would not."
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  #9  
Old 04-22-2010, 05:21 PM
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To qualify the car cannot be the daily driver and there must be a daily driver for each driver in the house, including kids. The car must not be the primary car for running errands or shopping trips. However it is encouraged to take the car on vacation, to car shows, or club functions of any distance. The car must be garaged. Hagerty did say verbally that they won't ding me if the car is driven to work occasionally.

Here is a link to Hagerty

http://www.hagerty.com/
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Old 04-22-2010, 10:20 PM
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I've had a Hagerty policy for quite a few years now, and I'm happy with them. My policy is paid in full until Dec 13, 2010, so I'm not worried about a rate increase right now. Yeah me!
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  #11  
Old 04-23-2010, 01:36 AM
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I have a hagerty's as well for my 61 mini countryman, 69 lotus 7, 73 350sl, 74 450sl and 76 Cadillac sedan deville - roadside assist and liability at 250K / 500K so they can go on my umbrella policy. $302 per year for agreed value on all of them. had some claims and never had a problem
cheers
barri
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  #12  
Old 04-23-2010, 06:45 AM
Curt
 
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For anyone with a daily driver that just needs cheap basic insurance, I would suggest USAA. I currently pay 69 dollars a month($23.00 per car) for my 250S,250C and 190E. I am only 22 years old so I am sure for many of you that rate would be lower. However, you must be a USAA member to use there insurance. Eligibility is as follows

- Active duty officers and enlisted military personnel.
- Former spouses and adult children of USAA members.
- National Guard and Selected Reserve officers and enlisted personnel.
- Officer candidates in commissioning programs (Academy, ROTC, OCS/OTS).
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  #13  
Old 04-23-2010, 12:03 PM
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USAA does accept vets.

https://www.usaa.com/inet/ent_utils/McStaticPages?key=why_choose_usaa_eligibility_main&wa_ref=wcu_main_is_usaa_for_you
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1985 300D 198K sold
1982 300D 202K
1989 300E 125K
1992 940T

"If you dont have time to do it safely, you dont have time to do it"

"The democracy will cease to exist when you take away from those who are willing to work and give to those who would not."

Last edited by TnBob; 04-23-2010 at 04:54 PM.
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  #14  
Old 04-23-2010, 02:29 PM
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I had only one bump this year on "agreed value" insurance with ACI the 92 BMW went to $92 year. Not bad for $0 Deductible. The SD is $59 and the SDL $173
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  #15  
Old 04-23-2010, 07:35 PM
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I use all my cars for daily commute, errands, etc. Guess I will be sticking to regular insurance. They are (finally) all garaged though.

Bert

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