Texas Members - What kind of insurance do you guys put on the cars you rarely drive?

I'm about to pay off the z06, and can't stand paying full premium on a car I rarely drive (about $130 a month). I called my insurance (USAA) and they let me put it in "storage mode", which is about $40 a month, but I'm not supposed to drive it, so it's kind of a pointless insurance :lol:. I want the car to be covered, but if its only driven once every 2-3 weeks, $130 a month just doesn't seem worth it. I'm just wondering if you guys use any other route for your cars you don't drive much, but to where they're still covered when you decide to take them out for a short trip.

Thanks for any help!

none? but I'm hispanic so its to be expected.

Truthfully, I only have liability. I think that I have never been at fault in an accident, I have uninsured motorist coverage, and most of the value is in the mods which aren't covered anyways. Just my 2 cents.

Just liability. I'm currently driving the car about once every 2 weeks, and I never drive it far.

try mileameter.com

Try American Collectors. They have polcies available for those who only drive every now and then. Basically it's a per year mileage cap.

I have none. ;)

Usaa comprehensive ins. Its liability. But a little better covers against uninsured driver's , hail, vandalism

I keep USAA full coverage on the 240. Even though it only sees the street like 1 weekend a month. They will give you a lower premium on that car if you explain that the miles driven annually are under 1000.

Just man up and pay it. If you try to get cute, you'll end up screwing yourself. Friend of mine had his car insured as "weekends only", with a mileage limit. He drove it to work one day and got in an accident. Even though it wasn't his fault, his insurance company dropped him. Not worth the hassle, IMO.


-Mike

Just man up and pay it. If you try to get cute, you'll end up screwing yourself. Friend of mine had his car insured as "weekends only", with a mileage limit. He drove it to work one day and got in an accident. Even though it wasn't his fault, his insurance company dropped him. Not worth the hassle, IMO.


-Mike


If I have to pay it, I'll pay it. I don't short cut anything when it comes to keeping my assets protected. I just wasn't sure of there was a way to be protected with a different type of insurance. I'm not worried about vandalism or hail etc, bc it's parked in the garage.

Try American Collectors. They have polcies available for those who only drive every now and then. Basically it's a per year mileage cap.

x2. . . Its like 320 per year on the t/a. Check into it.

x2. . . Its like 320 per year on the t/a. Check into it.

That sounds great, When I get to an actual computer I'm going to look into that!

I use USAA. Full coverage on two vehicles is less or about what most of the people I know pay for a single vehicle's full coverage.

I have Progressive with 2 vehicles insured, a 2000 eclipse (my DD) and a 2002 Ws6. I explained that the TA is a pleasure vehicle and that I drive the Eclipse to work everyday. Liability on the Eclipse and full coverage on the TA is 90 bucks a month total. 15 for the DD and 75 for the TA. Cant really beat that, although I have been with them for 5 years and no accidents/claims.

That sounds great, When I get to an actual computer I'm going to look into that!
Another good thing is you tell them how much you want to insure the car for. Mine is insured for $25,000 iirc.

I called my insurance (USAA) and they let me put it in "storage mode", which is about $40 a month, but I'm not supposed to drive it, so it's kind of a pointless insurance :lol:.

:eyes: Not pointless at all Patrick. Suppose your garage catches on fire? Suppose homey breaks in and steals the car? You want to collect zero insurance dollars?

Like chupr0kabra said, just man up and pay it. Not saying don't look into specialty insurance, but don't be an idiot and leave it totally witout coverage because you aren't driving it often.

:eyes: Not pointless at all Patrick. Suppose your garage catches on fire? Suppose homey breaks in and steals the car? You want to collect zero insurance dollars?

Like chupr0kabra said, just man up and pay it. Not saying don't look into specialty insurance, but don't be an idiot and leave it totally witout coverage because you aren't driving it often.

Pointless if you want to drive it. I think thats what he meant. . . Everyone is quick to flame around here. . .

Pointless if you want to drive it. I think thats what he meant. . . Everyone is quick to flame around here. . .

Good point. Possible that's what he meant. He's known for acting penny wise but pound foolish, so I was pre-disposed to take the bad interpretation.

Then to give more constructive advice, I'd thoroughly check out any specialty insurance agency before switching from USAA. USAA is absolutely top notch and stellar. Not the cheapest, just one of the very best and fairest. I hear about people going with other insurance agencies because the premiums were cheaper... only to find out why when they have a major claim. It's too late at that point.

:eyes: Not pointless at all Patrick. Suppose your garage catches on fire? Suppose homey breaks in and steals the car? You want to collect zero insurance dollars?

Like chupr0kabra said, just man up and pay it. Not saying don't look into specialty insurance, but don't be an idiot and leave it totally witout coverage because you aren't driving it often.

The thought of having no insurance never crossed my mind. If that was my thought process there would have been no reason for this thread. I just would have removed the insurance and called it a day.

I'm about to pay off the z06, and can't stand paying full premium on a car I rarely drive (about $130 a month). I called my insurance (USAA) and they let me put it in "storage mode", which is about $40 a month, but I'm not supposed to drive it, so it's kind of a pointless insurance :lol:. I want the car to be covered, but if its only driven once every 2-3 weeks, $130 a month just doesn't seem worth it. I'm just wondering if you guys use any other route for your cars you don't drive much, but to where they're still covered when you decide to take them out for a short trip.

Thanks for any help!

Do you have other classics, if so Hagerty is the only way to go, fantastic coverage very reasonable.

If you have other classics Hagerty will take new or newer special interest cars.
They are very reasonable, fantastic claims response, agreed value. I had a claim on a 72 GTO a 86 Jag and then hail damage on a 77 TA. I did not even get an increase in premium!

Can anyone help me ID my 30th Anv TA? Will the VIN ID the car? What do I look for?

try mileameter.com

went there and got this

Milemeter has filed it's withdrawal plan with the Texas Department of Insurance and is no longer accepting new customers

Can anyone help me ID my 30th Anv TA? Will the VIN ID the car? What do I look for?

Little off topic, but not sure what you mean by ID it? You are not sure it's a 30th Anv Edition? Research what the RPO code is for 30th Anv TA Edition and then check the door sticker (contains list of RPO codes). For instance, the 30th Anv Camaro (1997) came with RPO code Z4C. I have heard it's the same code for the 1999 Anv Ed. TA, but have never confirmed.

I'm about to pay off the z06, and can't stand paying full premium on a car I rarely drive (about $130 a month). I called my insurance (USAA) and they let me put it in "storage mode", which is about $40 a month, but I'm not supposed to drive it, so it's kind of a pointless insurance :lol:. I want the car to be covered, but if its only driven once every 2-3 weeks, $130 a month just doesn't seem worth it. I'm just wondering if you guys use any other route for your cars you don't drive much, but to where they're still covered when you decide to take them out for a short trip.

Thanks for any help!


These are probably the best 2 quotes in this thread:

Just man up and pay it. If you try to get cute, you'll end up screwing yourself. Friend of mine had his car insured as "weekends only", with a mileage limit. He drove it to work one day and got in an accident. Even though it wasn't his fault, his insurance company dropped him. Not worth the hassle, IMO.


-Mike

If I have to pay it, I'll pay it. I don't short cut anything when it comes to keeping my assets protected. I just wasn't sure of there was a way to be protected with a different type of insurance. I'm not worried about vandalism or hail etc, bc it's parked in the garage.

I'm a firm believer that if you cant afford to maintain a car then you shouldnt have it. A few people have given some pretty good suggestions and I would recommend looking into them. My wife and I will be going through the same thing soon so I find this thread very useful.

Bottomline, either you pony up or find an alternate insurance to fit your situation, just dont cheap out on your Z06, too nice of a car :cool:

These are probably the best 2 quotes in this thread:





I'm a firm believer that if you cant afford to maintain a car then you shouldnt have it. A few people have given some pretty good suggestions and I would recommend looking into them. My wife and I will be going through the same thing soon so I find this thread very useful.

Bottomline, either you pony up or find an alternate insurance to fit your situation, just dont cheap out on your Z06, too nice of a car :cool:

One of those quotes is mine.

And Im fully capable of maintaining the car/paying insurance on the car. This has nothing to do with being able to "afford it". But with paying $1300 a yr for a car that will only be driven once or twice a month for a small trip doesn't make sense.

Pointless if you want to drive it. I think thats what he meant. . . Everyone is quick to flame around here. . .

How much are you paying for your insurance on the TA?

But with paying $1300 a yr for a car that will only be driven once or twice a month for a small trip doesn't make sense.

Investigate and get insurance quotes, and really think it through before buying car?

I was close to buying a 2012 Z06 last year. Had a sweet deal lined up through a friend. Within two minutes of that phone call, I called USAA to see what the insurance bill would be like.

Investigate and get insurance quotes, and really think it through before buying car?

Huh? Insurance cost would not decide if Im buying a car or not.

Again, the point of the thread was to check if there was a better route I could be taking.

As I've said, I'm more than capable of paying insurance on the car.

Investigate and get insurance quotes, and really think it through before buying car?

I was close to buying a 2012 Z06 last year. Had a sweet deal lined up through a friend. Within two minutes of that phone call, I called USAA to see what the insurance bill would be like.

Before I picked the z06 out, I did get rates. As mentioned, it takes 2 minutes.


I've had about 9-10 different cars financed with USAA, definately isn't my first transaction with them. By the way, their iPhone app is the shit!

Huh? Insurance cost would not decide if Im buying a car or not.


It's called a factor. It may not be the deciding factor, but it should be part of an organized and rational decision-making process. I was just advising that as one of the car-buying factors, I would find out how much a car is going to cost me to insure, think about how much or how little I would be driving it, and then apply that data to my decision-making criteria (before making the decision).

I fear I am talking to the wall here.

It's called a factor. It may not be the deciding factor, but it should be part of an organized and rational decision-making process. I was just advising that as one of the car-buying factors, I would find out how much a car is going to cost me to insure, think about how much or how little I would be driving it, and then apply that data to my decision-making criteria (before making the decision).

I fear I am talking to the wall here.

You aren't understanding me. As mentioned, I got quotes on z06s prior to the purchase, including this exact z06. I feel as though your assuming I randomly bought a corvette without checking into insurance etc and that i cant afford the car. I owe $900 on a corvette that i bought 7 months ago, if I couldn't afford the insurance, do you really think I would be paying it off so quickly? I have no regret/buyers remorse in buying the car. As ive mentioned over and over again, I am fully capable of paying for the insurance. I was seeing if there was a different route I could be taking in which I would still be FULLY COVERED, I'm not shortcutting anything. If I wasn't capable of paying the insurance, I'd have no business owning 2 cars or even a z06 alone. If I can't find a better alternative, I'll keep paying my current rates and continue to enjoy life.

I use Hagerty. They have been great every time I have had to deal with them agreed coverage is a good thing. $25k of coverage for $220 a year. Got the entire thing done in one afternoon.

Grundy also does the same type of stuff, and they will do agreed coverage on any vehicle, no matter what the age .. not sure on their pricing though.

I use Hagerty. They have been great every time I have had to deal with them agreed coverage is a good thing. $25k of coverage for $220 a year. Got the entire thing done in one afternoon.

Grundy also does the same type of stuff, and they will do agreed coverage on any vehicle, no matter what the age .. not sure on their pricing though.

Now that would be bad ass^^ my next free afternoon is thursday and I'm going to look into these alternatives. Saving ~$1k a yr would be
Nice. Hell, even saving $500 would be nice.

:eyes:Suppose your garage catches on fire? Suppose homey breaks in and steals the car? You want to collect zero insurance dollars?
OK I'm a homeowner so I should know this but: IF it burns inside your garage or is damaged by a house fire then homeowner insurance covers?

OK I'm a homeowner so I should know this but: IF it burns inside your garage or is damaged by a house fire then homeowner insurance covers?

Not an insurance expert, but probably varies with the fine print of your policy. Two points I would make though:
1. Insurance companies are loath to pay on something that they feel should be covered by a different type of policy (ie. automobile policy).
2. Most homeowner insurance will have a higher deductible (usually 1% or more) than car insurance - unless you carry crazy high deductibles on your car.

Try Grundy Patrick. I had an agree value policy on my last TA. I have no other classic cars insured with them. They agreed to inured the TA because they were out of production. They will insure special Intrested cars. I think it was like $120 a year for 9k agreed value. No mileage limitation. Only thing they told me was don't drive it to work everyday.

I called hagerty, insuring at $30k is $1200 a yr.

Shit. Not haggerty. Grundy is who I used.

my brother-in-law uses grundy on his "gone in 60 seconds" - gt500e eleanor clone. he had a claim with the car thru them and didnt have any problems at all getting the work covered and completed. it is a mileage per year cap, but honestly who the hell would dd an eleanor lol

I have Progressive with 2 vehicles insured, a 2000 eclipse (my DD) and a 2002 Ws6. I explained that the TA is a pleasure vehicle and that I drive the Eclipse to work everyday. Liability on the Eclipse and full coverage on the TA is 90 bucks a month total. 15 for the DD and 75 for the TA. Cant really beat that, although I have been with them for 5 years and no accidents/claims.
I pay $105 a month for full coverage on 2 cars (2008 G8 & 2004 Quest) and liability on my daughter's car (1992 Lumina), so you're getting shafted by progressive.

I called hagerty, insuring at $30k is $1200 a yr.


wow, seems high.. how many miles a year is that based on? My '66 is insured for 25K, and it cost me $207 this year ..

sorry they quoted that High .. Grundy might have a better price. I used Hagerty instead of Grundy when I insured the '66 back in 2008 because Grundy couldn't do anything online back then, and it took 3 weeks to get the policy in place. I would hope that has changed with them.

wow, seems high.. how many miles a year is that based on? My '66 is insured for 25K, and it cost me $207 this year ..

sorry they quoted that High .. Grundy might have a better price. I used Hagerty instead of Grundy when I insured the '66 back in 2008 because Grundy couldn't do anything online back then, and it took 3 weeks to get the policy in place. I would hope that has changed with them.

I said 500 miles. They then said there is not a limit to their mileage. I would think they would have ran my credit or something though?

This has me thinking....

I have everything through USAA, and the one thing that i loved about them is they said they would cover some of the extra work as long as I have reciepts to prove the value. Now, I am not sure about this today as my car has been in "storage mode" as well. My car is almost done and may have me calling another insurance company if USAA doesn't pan out.
Also, I will say USAA has been amazing to me. Prompt response and very well organized. I had a hail claim on my 545i with no issues and no raise in premium. USAA has also been the cheapest for me as well.

Let us know how Grundy works out for you. I may be down this path soon as well.

Again... American Collectors insurance. I have worked in insurance for 20 years and i am currently an insurance underwriter. You wont find cheaper coverage for what you need.

Good timing in this- USAA has a collector policy option through American General insurance. I called USAA and was transferred to them.

I got a price of 1050 a year for the 69 t/a clone (25k), 79 TATA (25k), 79 TA (5k), 94 25th TA (10k), 97 WS6 (10k), and 02 Firehawk (20k).

All are agreed value policies and you are allowed pleasure drives which means you take it out cause you want to. I did have to prove that I had another car to drive daily.

Try heacockclassic.com

Don

I use Hagerty. They have been great every time I have had to deal with them agreed coverage is a good thing. $25k of coverage for $220 a year. Got the entire thing done in one afternoon.

Grundy also does the same type of stuff, and they will do agreed coverage on any vehicle, no matter what the age .. not sure on their pricing though.
Thats what I got, I got $30K on the camaro and $25K on the z06.. Pay $777 for the year for both.

Read the terms tho...

Good timing in this- USAA has a collector policy option through American General insurance. I called USAA and was transferred to them.

I got a price of 1050 a year for the 69 t/a clone (25k), 79 TATA (25k), 79 TA (5k), 94 25th TA (10k), 97 WS6 (10k), and 02 Firehawk (20k).

All are agreed value policies and you are allowed pleasure drives which means you take it out cause you want to. I did have to prove that I had another car to drive daily.

I did a quick quote through American Collectors... $394. I put mileage at 500, but it automatically made it 2500. Not a bad price, but is the coverage legit?

I still need to check into Grundy, but I don't see it getting cheaper than American Collectors.

American General matched my coverage with USAA. USAA has a lot to lose if they recommended a shady company.

USAA is a great company but I would never, ever buy another house through them. My neighbor said the same thing.

I pay $105 a month for full coverage on 2 cars (2008 G8 & 2004 Quest) and liability on my daughter's car (1992 Lumina), so you're getting shafted by progressive.

Im sure the value of the G8 and the Quest sure top a 02 ta and a beater $1500 Eclipse. I think 90 bucks a month is actually pretty cheap. And when the policy expires in July, it should drop a little also, so I will end up paying like 80 bucks a month.