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Classic Car Insurance
I would like to get classic car insurance on my 1980 300cd, however I am 17 and the ones I've researched do not let people younger than 18 to get an insurance policy. Do any classic car insurance companies allow clients younger than 18 to get policies? Or should I tough it out and use my parent's policy and get Hagerty Classic Car Insurance when I turn 18? I do like the idea of paying 100 dollars per year to insure my car. Your thoughts are appreciated!
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1980 240d 1999 SL500 |
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You may be forced to just tough it out.
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RRGrassi 70's Southern Pacific #5608 Fairmont A-4 MOW car 13 VW JSW 2.0 TDI 193K, Tuned with DPF and EGR Delete. 91 W124 300D Turbo replaced, Pressure W/G actuator installed. 210K 90 Dodge D250 5.9 Cummins/5 speed. 400K |
#3
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most classic car insurance require it not to be a daily driver and under 5000 miles per year also
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commercial fisherman diesel in my blood in my boats trucks and Dear old Dad has had me drivin them since i got my first license in 1968 1986 300 SDL 427654 1999 Chevy Crew Cab Dually 225423 1986 300 SDL 287000 Dad's 1987 190 Turbo 158000 Mom's (my inheritance) |
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I've never thought about that. Are you saying classic car insurance is less than standard car insurance? How does that work? Who has policies like that?
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" We have nothing to fear but the main stream media itself . . . ."- Adapted from Franklin D Roosevelt for the 21st century OBK #55 1998 Lincoln Continental - Sold Max 1984 300TD 285,000 miles - Sold The Dee8gonator 1987 560SEC 196,000 miles - Sold Orgasmatron - 2006 CLS500 90,000 miles 2002 C320 Wagon 122,000 miles 2016 AMG GTS 12,000 miles |
#5
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I have my old Chevelle with Haggerty. I'd give them a huge But I;ve had no claims. Keep in mind, its restrictive. Locked garage, no daily commuting etc.
Guess I'm not insured when I race it either! Go figure! The key is that the classic policies insure for an agreed upon value. Book value on a 67 Chevelle SS396 might only be 5-6K, whereas retail price for original mint condition ( restored) is over 40K. I have mine insured for my "cost basis", which jumped a bit when I added a Richmond 5 speed and a tripower (3X2) setup. But I bumped my Haggerty policy to cover the cost. ( not my labor time, just cash outlay). Its a heckuva lot less than 40G's! ( like 65% of that). But as I said above, theya re restrictive policies. If the car was lifted out of a mall parking lot, with no car show going on, you *might* have a problem with the claim. The benefit is, you insure the car for what its worth ( or in my case, teh cost basis). To mainatin a 26K value policy for tmy CHevelle is around $220/yr and that includes their "AAA-type" service, since I dont trailer the car, I do crazy things like drive it to Nashville and then race it. Last edited by WINGAS; 03-19-2007 at 12:08 PM. |
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Like most have stated above, mileage restriction, send pictures before insured, garaged, age limits. There are some fantastic rates BUT read the "exclusions" page before sending $$'s. Make sure the terms fit what you are doing with the car.
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BENZ THERE DONE THAThttp://www.peachparts.com/shopforum/...c/progress.gif 15 VW Passat TDI 00 E420 98 E300 DT 97 E420 Donor Car - NEED PARTS? PM ME! 97 S500 97 E300D 86 Holden Jackaroo Turbo D 86 300SDL (o\|/o) |
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The restrictions are quite severe. Not only can you not commute with the vehicle, but, you cannot take it to any "destination". You cannot take it on a trip.........can't go to a store..........cannot go to another person's house. All you can do is to take it on a drive with no destination.........or drive it to a car show. The cost is negligible...........but.........I forsee these people denying coverage at the slightest hint of a policy violation. |
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I do like the fact that they only charge for one liability charge regardless of how many cars you insure with them. It makes perfect sense since you can't drive more than one at a time so it does not really matter if you have 1 car or 10 insured for liability. It's a scam the "regular" insurance companies don't want you to think too much about.
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Marty D. 2013 C300 4Matic 1984 BMW 733i 2013 Lincoln MKz |
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Pleasure driving is driving without a destination in mind. I specifically questioned them about it until they finally gave the true understanding of the statement. It's deceptive advertising and it will snag people who believe that they are covered........when, in reality, they are not. |
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What if you "just happened to be in the neighborhood"
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1979 240D- 316K miles - VGT Turbo, Intercooler, Stick Shift, Many Other Mods - Daily Driver 1982 300SD - 232K miles - Wife's Daily Driver 1986 560SL - Wife's red speed machine |
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Somebody said "Insurance companies are in the business of NOT paying on claims," contrary to what their ads may say. Sometimes it certainly seems that way.
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" We have nothing to fear but the main stream media itself . . . ."- Adapted from Franklin D Roosevelt for the 21st century OBK #55 1998 Lincoln Continental - Sold Max 1984 300TD 285,000 miles - Sold The Dee8gonator 1987 560SEC 196,000 miles - Sold Orgasmatron - 2006 CLS500 90,000 miles 2002 C320 Wagon 122,000 miles 2016 AMG GTS 12,000 miles |
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It reminds me of antique tags here is MS. I see a lot of beaters driving around with them and I know for a fact there are some very strict limitations to those tags - but probably not enforced.
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BENZ THERE DONE THAThttp://www.peachparts.com/shopforum/...c/progress.gif 15 VW Passat TDI 00 E420 98 E300 DT 97 E420 Donor Car - NEED PARTS? PM ME! 97 S500 97 E300D 86 Holden Jackaroo Turbo D 86 300SDL (o\|/o) |
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So, do you guys who have classic car insurance also have regular auto insurance on your other car(s) with another company? How does that work?
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" We have nothing to fear but the main stream media itself . . . ."- Adapted from Franklin D Roosevelt for the 21st century OBK #55 1998 Lincoln Continental - Sold Max 1984 300TD 285,000 miles - Sold The Dee8gonator 1987 560SEC 196,000 miles - Sold Orgasmatron - 2006 CLS500 90,000 miles 2002 C320 Wagon 122,000 miles 2016 AMG GTS 12,000 miles |
#14
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disconnect the odometer ^_^
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#15
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Unless you get caught, whereupon you're in felony land.
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