bLikeMac

I 'm considering purchasing an older '86 930, and curious about insurance. The car will be driven about 5k a year and only on good weather days so I was thinking that Hagerty insurance might be the way to go as you can get a guaranteed value coverage and the mileage allowance is about right too. My current carrier state farm would only pay NADA which is probably less than ideal, correct? Any advice you can provide would be appreciated. Although the car has been modified and not longer worth as much as a pure 930 would be, its still a lot invested for me so I want to make sure all is covered appropriately. Thanks.

Steve Weiner-Rennsport Systems

I've had good luck with Hagerty over some others (Leland West) and they will do agreed value.

Great outfit.

JCP911S

Collector car insurance for these cars is the way to go. I have 4 cars on my policy, and total annual premium is about $800 vs about $1,200 for my 2011 BMW DD.

My policy is a declared value/declared deductible/declared mileage, and of course third-party damages. Obviously, as these increase and or decrease, the actuarial risk and premium change, so to keep premiums reasonable, be realistic about these factors.

My policy is pretty liberal about use, and allows for pleasure driving, and even the occasional commute to work on a spring day, but obviously, if you hit a school bus at 6.30 am in a snowstorm, you may "have some 'splanin to do Lucy."

The main restriction is that the cars be kept in a closed and locked storage facility, which is reasonable, as most collectors do this anyway.

My policy is through Heacock Classic, but shop around, as each vendor has different restrictions, but I'd guess an '86 930 would be considered a "collector" car by most insurers.

racngrn

I am using Haggerty and have had excellent experience with them. Prices are fabulous and they offer flexibility around mileage and stated value that many others do not. They are clearly dedicated to the collector industry and understand specialty cars such as the one you are looking at. Good luck.

Amber Gramps

I have mine with all my other cars at Mercury. It's on a stated value policy that is less than a dollar a day.

bhmkv

I work for an insurance company and still went with Hagerty for my 911. I do not work for Hagerty.

bLikeMac

Wow a lot of great info. Thanks for helping a newbie out. Appreciate it. -Bill

miketurbo

I just recently acquired an '89 911 Turbo and have been shopping insurance. I looked at Hagerty first, but the quotes came in a bit steep, about $4,800/year. I got a quote from JC Taylor (~$900/yr), but they do not allow for any use that is "damn its a nice day out, I'm drivin the Turbo." Only for driving to get it fixed, to car shows, or Point A to Point A driving. I'm currently in talks with state farm, they use Mitchell International to determine values in an incident and are reasonably priced, but I'm not sure that is an accurate valuation, I know NADA is a little low on these.

Does anybody have any thoughts on this?

What is the current consensus on what these are worth right now? Only mods are period correct wheels, and exhaust.

Cheers,
Mike

rodneyr

I have Hagerty for my 87 911. I use a different carrier for my other cars including another Porsche.

soundbehindyou

Call American Modern Insurance

bv shady

+1 on Hagerty! Very pleased with them.

miketurbo

I've only heard good things about Hagerty, but they keep coming in at about 5x the price of any other quote I get. I'm now looking at Grundy, Condon Skelly, and will be putting a call into American Modern tomorrow. Thanks for the tips. Should have sorted this out prior to spending 4k getting it ready to be driven again (car sat rarely used for 12 years), and is now sitting again waiting on me to get the paper work in order.

SARGEPUG

I had Hagerty for years and was very good. I then found out that Chubb has a classic car plan and they even beat Haggerty with all the same type of coverage, etc. I have all my cars, homes, belongings, etc., etc. under one blanket Chubb plan. You save the most when you combine everything.

993Brendan

I did some research the other day as I need to move both my Porsches onto a collector policy. Consensus on 993 board and GT3 board is that Leyland West and Chartis are good. I had Hagerty on my 993 for several years, but the premium was $1000/year which I thought was pretty high on an agreed value of $35k with limitations on use.

Starbuckslova1

I have state farm seem's ok alittle strict,

most prefur hagerty