Who are you guys using for insurance?
I have a policy with Heacock Insurance and the carrier is American Modern Insurance. I think there was a recent change with American Modern.
My rates have gone up.
I've got 5-6 cars covered with them.
Anyone else using another insurer and have any recommendations?
Thanks,
Mike C
We have Heacock. Have had it more than 10 years, and it has gone up a little. It may depend on what cars are insured, and how much they are driven. Ours are a '66 Hertz, and '66 mustang conv. I think we have a 3,000 mile per year policy. Ron
AAA
I'm using American Collectors (https://secure.americancollectors.com/) and I've been pretty happy so far. Haven't got the rate for next years renewal yet though. My daily driver policy went up 30% last time. :o
Hagerty for the past 25 or so years, on my classic & exotic cars. AAA before that. Never had a claim, so it's all pretty much "wasted" money.
Yes, I realize the purpose of insurance, and the "what if" factor. It's a good thing to pay the premiums and never have a claim.
But, if sh!t does happen and something gets damaged, I want a company that pays out quickly and properly. That's worth more to me than trying to save a few bucks on the premiums.
Of course, since I haven't had a claim, I can't comment on any company's performance in that area.
Has anyone had experience with Hagerty (or other companies) on a big claim on a Shelby or other classic? Such as theft or being totalled?
state farm. phred
I've had Condon-Skelly for over 30 years, the current insurance cards say Ironshore Indemnity (has varied over the years), currently all 4 collector cars.
One small claim a while back, they were very fair and paid to have it fixed right.
The rates go up every year (relatively small %), but they also "automatically" raise the value of all cars every year (unless you tell them otherwise).
I need to shop it to be sure I'm being treated fairly.
I tried State Farm but they won't cover my '65 because it is raced. I only want towing, storage and paddock but they want nothing to do with it because I track the car sometimes.
I use Barrett-Jackson Endorsed Insurance, it's backed by A.I.G. and I have quite a few cars and motorcycles insured by them.
Great policy at a fair price.
I use Heacock. Been using them, for over 25 years, now. No complaints, at all. My rates
did go up, but, that was because, I increased my coverage, by a lot.
Doug C.
I have a valued policy with State Farm not a lot of restrictions. My insurance guy uses it on his advertising
I'm with Mark. I've used Condon-Skelly for years, good price for stated value insurance. Call them for a quote if you're checking around. Denny
Quote from: SFM5S159 on June 12, 2018, 01:38:33 PM
I need to shop it to be sure I'm being treated fairly.
I tried State Farm but they won't cover my '65 because it is raced. I only want towing, storage and paddock but they want nothing to do with it because I track the car sometimes.
You might want to check into Hagerty's track insurance.
https://www.hagerty.com/insurance/motorsports-insurance
I've had Hagerty for about fifteen years, no claims, and agreed value policies on 12 vehicles.
I ran out of gas for the first time ever in one of my classic cars called Hagerty and I had gas going into my tank in 22 minutes, very good service.
Hagerty for 10 years...4 cars...no claims so no opinion on service although all I have read that had a claim have been pleased... :)
TOB
Been using Grundy for the last few years. No limit on miles driven. On my last renewal they increased my coverage and lowered my premium. Very small amounts, but still appreciated. No claim experience yet.
Steve
Heacock Classic for almost 30 years now...
I use Heacock. Had a claim a few years ago and they were great.
Heacock.
Well forget American Collectors Insurance! After reading these posts I did some shopping. Heacock ended up being $260/year less for my two cars (1968 Shelby GT350 & 2009 Bullitt) with the same agreed value as I now have but with better coverage (zero deductible, $2K parts, roadside assistance, etc.)
Heacock is also a SAAC partner, so I guess it's time to switch.
Chubb agreed value.Get a quote...
Chubb was $340 higher than Heacock for same agreed value but didn't have the same extra benefits in the base policy.
That kinda surprises me,I think I pay like $400 a year for a comprehensive policy with an agreed value of $100k.....
I have agreed values of $90K and $25K and your $400 premium for $100K isn't far off from my Heacock quote for one vehicle. I do know that location makes a huge difference so maybe this area of Florida is rated higher with Chubb?
Quote from: kjspeed on June 18, 2018, 05:47:16 PM
I have agreed values of $90K and $25K and your $400 premium for $100K isn't far off from my Heacock quote for one vehicle. I do know that location makes a huge difference so maybe this area of Florida is rated higher with Chubb?
. You could be right .I am in Los Angeles Ca.area which is great for a lot of things(but not sure about ins. rates) 8)
State Farm. No claim yet however. They treated me well when my 91 Mustang GT was stolen from Arlington Park when I went to work that day.