Who is the best for insuring sports and exotic cars?
07-19-2007 | 03:57 PM
#1
Thread Starter
Instructor
Joined: Jun 2007
Posts: 186
Likes: 2
From: NE Ohio
Who is the best for insuring sports and exotic cars?
I'm getting jacked around by my current pic. Just wondering who has a good track record and decent customer service?
Last edited by Maxx1; 07-19-2007 at 07:07 PM.
07-19-2007 | 07:25 PM
#2
Burning Brakes
Joined: Apr 2006
Posts: 1,118
Likes: 2
From: Central Washington State
Take a look at Haggerty Insurance. http://www.hagerty.com/Auto/vehicle_index.aspx I know of people who are using them and seem to be happy. I may change over when my beast turns 20 at the end of the year. this is Collector Car insurance, and it let's you set the value of your car - and the rates are entirely based on that value. May not be as competitive on uninsured/underinsured motorists coverage, but if you car gets toasted at least they will pay you the full value.
07-19-2007 | 09:10 PM
#4
Rennlist Member
Joined: Feb 2005
Posts: 965
Likes: 0
From: Michigan
I had Hagerty but I had an umbrella with State Farm and multiline home etc long story short, I have a stated value policy from State Farm of $65K and I pay a smidge under $500 with no miles stipulations for the year!
07-19-2007 | 09:52 PM
#5
Nordschleife Master
Joined: Oct 2001
Posts: 7,568
Likes: 5
From: Mount Pleasant, South Carolina
I've had State Farm the last couple of years. They want to know my milage each year I renew and it hasn't been cheap at about $750 per year for a third car that I drive about 2,500 miles a year.
I'm 48 Y/O and supposedly getting the best rate for a low miles per year third car with no stated value when I asked. Need to get that stated value fixed though.
I'm 48 Y/O and supposedly getting the best rate for a low miles per year third car with no stated value when I asked. Need to get that stated value fixed though.
07-19-2007 | 11:30 PM
#6
Thread Starter
Instructor
Joined: Jun 2007
Posts: 186
Likes: 2
From: NE Ohio
Maybe I should have checked out Haggarty first.
Mine is L-W and I don't have a problem with mine setting a value, but they will only give me $25K coverage if an uninsured motorist totals my car. They told me before I signed up that the car was covered for full value ($30K) but now it looks like only $25K.
On top of that they were not happy that I had another car that is in storage with only storage insurance on it, so now I have to put liability on it. On the plus side, it's only $330 a year with a 2,500K miles max and pleasure use only clause.
Mine is L-W and I don't have a problem with mine setting a value, but they will only give me $25K coverage if an uninsured motorist totals my car. They told me before I signed up that the car was covered for full value ($30K) but now it looks like only $25K.
On top of that they were not happy that I had another car that is in storage with only storage insurance on it, so now I have to put liability on it. On the plus side, it's only $330 a year with a 2,500K miles max and pleasure use only clause.
07-20-2007 | 01:28 PM
#7
Advanced
Joined: May 2006
Posts: 50
Likes: 0
Your car needs to be 25 years old for Hagerty's collector car insurance with zero deductible, otherwise they treat it just as a lightly driven 2nd or 3rd car with a deductible. A 1987 930 bills out at $447.00/year with a $1,000 deductible for 3,000 miles or less per year.
Best,
David
Best,
David