Hagerty or Grundy Insurance
03-23-2011, 03:35 PM
#16
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Two points:
1. Using a collector car insurer like Hagerty or Grundy typically results in larger savings when you're in or near a large city and/or your insurance premiums on your daily driver is high. The premium for your collector car (regardless of whether it's Hagerty or Grundy) is pretty consistent for someone living in New York City or Iowa. So each person's situation is different; there is not a "one size fits all" answer.
2. The only way to evaluate which company is "better," is not by the premiums or the incremental differences of what is/isn't covered, but rather by how quickly each of these companies paid out after a loss and did the amount reflect the actual damages (or loss). I did not see any of the posts who actually had an experience like this. Hopefully some will follow.
1. Using a collector car insurer like Hagerty or Grundy typically results in larger savings when you're in or near a large city and/or your insurance premiums on your daily driver is high. The premium for your collector car (regardless of whether it's Hagerty or Grundy) is pretty consistent for someone living in New York City or Iowa. So each person's situation is different; there is not a "one size fits all" answer.
2. The only way to evaluate which company is "better," is not by the premiums or the incremental differences of what is/isn't covered, but rather by how quickly each of these companies paid out after a loss and did the amount reflect the actual damages (or loss). I did not see any of the posts who actually had an experience like this. Hopefully some will follow.
03-23-2011, 04:34 PM
#17
Some kid hit my kid's car many years ago, and they had American Family. They were great to deal with. The car was totaled, they paid a very fair value on it, and they added on pretty much all the repair money I had put into it in the previous year. Decent.
I've quoted Allstate, and have been astonished at the sky-high rates they come up with. But I do admit, they have great commercials. I love the 'Mayhem' guy.
I can't imagine going through somebody like Esurance - although I know they all have regulations they have to abide by. As you say though, the proof comes at claim time, god forbid.
Progressive - I've heard plenty bad, but I will say this about them: I used them for a few years for my daughter's car when she was excluded from SF. I went to them because a buddy said, "Trust me, they'll take anybody. I believe they would insure a monkey". Their rates were decent for high-risk, and she had one minor parking lot scrape from a hit-and-run, and they were easy and fair to deal with.
Haha, I hate their commercials. Screw Flo (go on now, tell me you haven't thought about it
)
I've quoted Allstate, and have been astonished at the sky-high rates they come up with. But I do admit, they have great commercials. I love the 'Mayhem' guy.
I can't imagine going through somebody like Esurance - although I know they all have regulations they have to abide by. As you say though, the proof comes at claim time, god forbid.
Progressive - I've heard plenty bad, but I will say this about them: I used them for a few years for my daughter's car when she was excluded from SF. I went to them because a buddy said, "Trust me, they'll take anybody. I believe they would insure a monkey". Their rates were decent for high-risk, and she had one minor parking lot scrape from a hit-and-run, and they were easy and fair to deal with.
Haha, I hate their commercials. Screw Flo (go on now, tell me you haven't thought about it
)Allstate cut corners and short changed the repair shop all the time, and the repair was never done correctly in my opinon because of that. The adjusters would come in and chop you all up and there would be a fight and they would threaten to remove the car so the shop was kind of stuck holding the bag with a bitter taste in their mount and not a lot of incentive to do a good proper job repairing the car.
03-23-2011, 04:38 PM
#18
Two points:
1. Using a collector car insurer like Hagerty or Grundy typically results in larger savings when you're in or near a large city and/or your insurance premiums on your daily driver is high. The premium for your collector car (regardless of whether it's Hagerty or Grundy) is pretty consistent for someone living in New York City or Iowa. So each person's situation is different; there is not a "one size fits all" answer.
2. The only way to evaluate which company is "better," is not by the premiums or the incremental differences of what is/isn't covered, but rather by how quickly each of these companies paid out after a loss and did the amount reflect the actual damages (or loss). I did not see any of the posts who actually had an experience like this. Hopefully some will follow.
1. Using a collector car insurer like Hagerty or Grundy typically results in larger savings when you're in or near a large city and/or your insurance premiums on your daily driver is high. The premium for your collector car (regardless of whether it's Hagerty or Grundy) is pretty consistent for someone living in New York City or Iowa. So each person's situation is different; there is not a "one size fits all" answer.
2. The only way to evaluate which company is "better," is not by the premiums or the incremental differences of what is/isn't covered, but rather by how quickly each of these companies paid out after a loss and did the amount reflect the actual damages (or loss). I did not see any of the posts who actually had an experience like this. Hopefully some will follow.
Their are only 3 companies I would pay auto preimums to.
1. Farmers
2. State Farm (although I have heard that they like to jack with you after you have had a claim)
3. American Insurance.
and I personally use AmFam.
I guess I would probably if I had to go with Esurance. The only reason I didn't include them is they are a younger company.
03-23-2011, 05:12 PM
#19
They are all pirates. There is no good insurance companies. They are a business. Their business is to make money. There are just as many bodyshops that screw you - they are also a business - their business is also to make money. Depends on your perspective.
Today Japan has an estimated 39 BILLION in damage....now think about your rates.....gotta make money.
Today Japan has an estimated 39 BILLION in damage....now think about your rates.....gotta make money.
03-23-2011, 08:41 PM
#20
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For collector car insurance at agreed value, I have not found any rates better than Barrett-Jackson's. I have never had to make a claim with any of my insurance policies, so I can't comment on relative service levels, but they cut my premiums by 60% over what I was paying w/ Grundy.
http://www.barrett-jackson.com/insurance/
YMMV,
TT
http://www.barrett-jackson.com/insurance/
YMMV,
TT
03-30-2011, 02:35 AM
#21
7th Gear
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03-30-2011, 05:30 AM
#22
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For collector car insurance at agreed value, I have not found any rates better than Barrett-Jackson's. I have never had to make a claim with any of my insurance policies, so I can't comment on relative service levels, but they cut my premiums by 60% over what I was paying w/ Grundy.
http://www.barrett-jackson.com/insurance/
YMMV,
TT
http://www.barrett-jackson.com/insurance/
YMMV,
TT
Thanks!
03-30-2011, 03:55 PM
#23
Track Day
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I'm also shopping for insurance for my 1971 911, which is an occasional use vehicle only. Currently it has agreed value coverage with a mileage cap. My car now has an non operating odometer,which I'm not inclined to repair. This obviously will cause a problem with a mileage restricted policy. Does anyone know of an agreed value policy with no mileage limits and loose driving restrictions?
