Hot Rod Insurance?

[TonyHuntimer]

Who's go the best insurance for our cars?

Has anyone had to make a claim for an accident or theft and have a good experience with the insurance company?

I don't want to have my car totaled or smashed up and only get $1,800 value.

Thanks,
Tony~

[camcojb]

Who's go the best insurance for our cars?

Has anyone had to make a claim for an accident or theft and have a good experience with the insurance company?

I don't want to have my car totaled or smashed up and only get $1,800 value.

Thanks,
Tony~

Tony,

Make sure your policy is an AGREED value policy, not stated value. That is the ONLY way to guarantee the payout in a total loss. The stated value policies seem like they'll pay that; after all, they get an appraisal, agree to a value, and base your premiums on that value. However, that is the most they will pay, but not necessarily the least. They can still look for comparable cars, depreciate, etc.

I've had Grundy and Hagerty. No claims with Grundy but I did have a several thousand dollar "mishap" with Hagerty and they covered it quickly and professionally.

Jody

[TwinSting]

I have used Grundy for many years. They are based on agreed value and dont require an appraisal. I have never had to file a claim but they have been nice. No deductable on claims either.

[Lowend]

Tony
Try these guys http://www.alliedbrokers.com/
Talk to Mike Rognile and tell him you are my friend - their rates crush everything else I have been able to find AND they have top of the line customer service

[Blue70]

I also use Hagerty, but have not had a claim with them.

[rocketrod]

I use Hagerty, but no claims as of yet. I've heard they pay quickly. They do not require an official appraisal, but since my car has been modified I had to send in certain pics of the car and a list of modifications, and their cost, to justify the replacement value I requested. Pretty simple process.

[JayBird]

I have Grundy with no claims so far. I'm keeping my fingers crossed and praying that we will never need to use our insurance on these cars.

[slck6t9]

I too have Grundy with no claims as of yet and hope it stays that way.

Scott

[JoshStratton]

Read the newest version of Chevy High Perfomance. The cover car has a story about auto insurance. The guy wrecked it, but prevented himself from being raped by the insurance company of the other guy, by having an appraisal done. MUST READ article.

[MangeMD]

I have Hagerty. My agreed value is $36k (gonna have to raise that) and my premium is $592/year. Haven't had to file a claim yet tho.

[CAMAROBOY69]

Holy crap! I just called Hagerty and they are awesome!!!
To insure my Camaro and the mustang full coverage is only $365 a year
and thats covering the Camaro for $15,000 and the mustang for $3,500. Thats only $30.00 a month for full coverage on both!! No deductable at all!! If you wreck your car they simply pay for it. Also road side assistance included. Incredible deal!!! You also have the ability to purchase your car if you total it.
If you total your car they give you the AGREED AMOUNT! Im switching asap!! Thanks a lot for the reference.

[CAMAROBOY69]

Oh wow they are friggin awesome!!!!! I just called again. They said no matter what happens there is no deductable. If a punk kid scratches my car. It gets fixed for free!! if I get a chip in my wheel. Fixed free!!! unfriggin believeable!!! No matter what it is. Fixed for free. They sent the paperwork out and everything is all set. All I need to do is sign it and send it back. I will definetly be painting my car now for sure.

[DarkBuddha]

I hate you guys... I can't get insured with Grundy or Hagerty since I don't have a garage and don't have a later model daily driver for every driver in the household. I plan to use my Mustang as my daily driver and the only folks I've been able to find to do an Agreed Value policy on it is Statefarm, to the tune of $850/year for $12500 value. :(

[rockdogz]

Check out this thread:

https://www.pro-touring.com/forum/showthread.php?t=5900

I ended up going with Parish Heacock . From my research, Grundy, Hagerty, and Aon seem like good companies. It comes down to cost, who will cover you, policy limitations, and hassle (one of the companies wanted me to have the application notarized, and since they were more expensive it wasn't worth the hassle!).

[powermetal]

I checked a couple of the specialty insurance agencies, but I put too many miles on my car to qualify. I ended up getting an appraisal (a 12-page one!) and presenting it to Nationwide insurance, who covers my house and other car. It's probably 4 times as much to insure it that way, but they agreed to insure it for the value of the appraisal and I have full coverage including towing reimbursement, etc.

Hey, I put a lot of money into this car. I'm not gonna cheap-out and only drive it to car shows!

[CAMAROBOY69]

12-page appraisal wow. They wrote my entire appraisal on the pad of a band-aid. j/k

[Stu Seitz]

This sounds too good to be true; are there any milage limitations?

[Hartz]

Aon appears to have less restrictions than Hagerty or Grundy. I went with Aon because if I wanted to take it to work (all 4.2 miles away) or down to the ice cream shop on a nice sunny day, I wanted to be covered. I drive my car in more than parades and to and from shows!

[Jim Nilsen]

I have a policy that my local speedshop guy got me through Continental Western Insurance Company.Part of the Continental Insurance Group.

It is an agreed value policy for $25,000.
Limit of liability is..
other than collision $1,000 deductible $161.00 annually
Exterior paint coverage $3,000 max included in above cost

There is also a spare parts coverage that will pay up to $500 for physical damage to spare parts or reproduction cost to replace those spare parts for your covered collector car.

This policy is for a car that is in the process of being built and not completed. When the car is finished a new policy will be written and the cost will obviously go up. Noone else will give you a policy on an incomplete car being built that I know of but these people will.

He has had several people that have had to make claims and they have paid with no hassles what so ever.

One guy had his wife drive through the garage door and hit his car and no problem.

The agency I have on my policy is : Vision Insurance Group, Inc.
Phone # 815-623-1711
The underwriting Service office : po box 500 Luverne, MN 56156-0500: 507-283-9561

They also require a once a year update on the progress of the building of you car along with a couple of pics. So far so good as cheap as it is you can't beat it. Anything over $25,000 will require an appraisal of your car. When I moved I had an appraisal just to be safe and it was $20,000 just for the main shell with drivetrain so soon I will have to get another appraisal and raise the amount before I finish it if I want more coverage.

Hope this gives others a place in the midwest to go.If anyone needs more info just ask.

Jim Nilsen

[DarkBuddha]

After reading that other thread and all the restrictions on mileage and modifications, now my Statefarm policy didn't seem so bad afterall. I think when I finally get the car completed, I'll just get an appraisal, take some pictures, and go back to Statefarm and get another Agreed Value policy. Last time, it was $850/year here in Seattle (which is expensive for insurance anyway) for full coverage including liability/comp/collision with $100k/$300k coverage, agreed value $12k, $500 deductible... Even if it goes up a bit for the increased value of the car (say $20k), it seems fair.