How do you insure your fbody?
09-20-2015, 05:19 PM
#21
I agree with a lot said in here. The only way you're guaranteed to get what your car is worth is Hagerty or Grundy.
I am a Nationwide agent in NC and we have partnered with Hagerty, so I can do both, have one agent, etc etc.
-Hagerty will take stock or modified cars
-no exact mileage limitation although they like to see under 3500 a year
-Must have a DD
-Must be kept in a garage(or carport in certain locations)
-Rates are USUALLY about 1/2 of what you're paying now for full coverage at NADA values.
If you have any questions, just let me know
I am a Nationwide agent in NC and we have partnered with Hagerty, so I can do both, have one agent, etc etc.
-Hagerty will take stock or modified cars
-no exact mileage limitation although they like to see under 3500 a year
-Must have a DD
-Must be kept in a garage(or carport in certain locations)
-Rates are USUALLY about 1/2 of what you're paying now for full coverage at NADA values.
If you have any questions, just let me know
09-20-2015, 08:01 PM
#22
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Just insured my camaro with Hagerty for 20k myself for 950 a year. Like mentioned. Didn't ask for mileage or was told of any limit. Garage and dd were required but was a concern since my agent set my dd up the same day.
09-21-2015, 08:15 AM
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This is similar to Grundy, but not exactly the same. Grundy has no mileage restrictions at all, unlimited "hobby" use is allowed (such as events/shows, club cruises, coast-to-coast events, etc.) They also specifically state that limited pleasure use is allowed, no mileage is specified but they likely curb any gross abuse by requiring separate daily transportation for each driver in the household. I take my cars on nice weather weekend pleasure cruises and to local events/cruise nights during the summer - I explained this to Grundy when I first signed up and they said this was perfectly fine. Most people with collector/show worthy cars wouldn't want to subject them to the abuse of daily driving in the first place (in an effort to keep the cars at a certain level, I end up restricting myself more than any insurance company ever would.) They also require the car to be stored in a garage when not in use, and for drivers to be over age 25 and have a good record. Rates are higher for vehicles less than 25 years old (I pay more for my Camaro than I do for my Nova, even though the Nova is covered for many thousands more.) These are agreed value policies so your premium will depend greatly on how much value you assign.
A friend of mine from one of my local events has filed two claims with Grundy in the last few years, both were paid in full and never with any hassle at all. There have been some other Grundy users from this site over the years who have also reported zero hassles when filing claims.
A friend of mine from one of my local events has filed two claims with Grundy in the last few years, both were paid in full and never with any hassle at all. There have been some other Grundy users from this site over the years who have also reported zero hassles when filing claims.
09-22-2015, 03:55 PM
#25
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"20k myself for 950 a year"
I was reading this thread and enjoying the comments about how much cheaper it was to go this route because I have been thinking about doing this for my 70Z with all the upgrades I am in the middle of, and then saw your post.
You're paying $950/year for a 20K declared value Camaro?
That is more than I pay for my '15 2500 HD Silverado ($54K value)...
What's up with that?
09-23-2015, 12:04 AM
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"20k myself for 950 a year"
I was reading this thread and enjoying the comments about how much cheaper it was to go this route because I have been thinking about doing this for my 70Z with all the upgrades I am in the middle of, and then saw your post.
You're paying $950/year for a 20K declared value Camaro?
That is more than I pay for my '15 2500 HD Silverado ($54K value)...
What's up with that?
I was reading this thread and enjoying the comments about how much cheaper it was to go this route because I have been thinking about doing this for my 70Z with all the upgrades I am in the middle of, and then saw your post.
You're paying $950/year for a 20K declared value Camaro?
That is more than I pay for my '15 2500 HD Silverado ($54K value)...
What's up with that?
Just to provide a different specific example, here are the details of my Grundy policy per vehicle:
1998 Camaro, Agreed Value: $25,000; Annual premium: $354
1971 Nova, Agreed Value: $33,000; Annual premium: $215
As I mentioned earlier in the thread, the rates for cars 25 years and older are lower, that is why the Camaro costs more even though it's covered for less. Also, these were not my original agreed values; Grundy has an optional "inflation guard" provision that raises your agreed values by 2% (used to be 4% but just changed this year) annually, rounded to the nearest $500. So over the years my coverage has crept up (though you can shut off this inflation option any time) but the rates have only increased marginally.
My policy just renewed on 9/16/15 so this information is recent.
09-23-2015, 08:54 AM
#29
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I'm in ny and 26... not sure if that makes a difference, record is solid though
comparatively to what I was paying for my 13' optima and the camaro prior to this through first GIECO and then nationwide/hagerty both are significantly less since the new policy I just got this past month
comparatively to what I was paying for my 13' optima and the camaro prior to this through first GIECO and then nationwide/hagerty both are significantly less since the new policy I just got this past month
09-23-2015, 04:18 PM
#30
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I'm in ny and 26... not sure if that makes a difference, record is solid though
comparatively to what I was paying for my 13' optima and the camaro prior to this through first GIECO and then nationwide/hagerty both are significantly less since the new policy I just got this past month
comparatively to what I was paying for my 13' optima and the camaro prior to this through first GIECO and then nationwide/hagerty both are significantly less since the new policy I just got this past month
Move south young man - you will be much happier!
09-25-2015, 09:53 AM
#31
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It;s coming lowcountry. property taxes from 12-18k, one of the highest income taxes in the nation I can't wait to get away. Waiting for a few more things to fall into place
09-25-2015, 10:56 AM
#32
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I cant remember off hand but from statefarm full coverage to grundy agreed value my policy price was cut in half and all my coverages are way ******* higher. I'm super happy.
09-25-2015, 08:59 PM
#33
Does anyone who uses Grundy know if they take mileage into account or have some sort of hard of soft limits? In my quote it doesn't say anything regarding actual limitations and I'm hoping that's true because while I don't use this car as a daily or for errands, I do take it to many far away places like shows or races etc. and that will definitely rack up the miles.
09-25-2015, 09:34 PM
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Does anyone who uses Grundy know if they take mileage into account or have some sort of hard of soft limits? In my quote it doesn't say anything regarding actual limitations and I'm hoping that's true because while I don't use this car as a daily or for errands, I do take it to many far away places like shows or races etc. and that will definitely rack up the miles.
09-26-2015, 12:44 AM
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Does anyone who uses Grundy know if they take mileage into account or have some sort of hard of soft limits? In my quote it doesn't say anything regarding actual limitations and I'm hoping that's true because while I don't use this car as a daily or for errands, I do take it to many far away places like shows or races etc. and that will definitely rack up the miles.
09-29-2015, 02:01 PM
#36
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Does anyone who uses Grundy know if they take mileage into account or have some sort of hard of soft limits? In my quote it doesn't say anything regarding actual limitations and I'm hoping that's true because while I don't use this car as a daily or for errands, I do take it to many far away places like shows or races etc. and that will definitely rack up the miles.
I also remember Haggerty being damn-near triple what Grundy quoted me for the same coverage.
09-29-2015, 02:09 PM
#37
It just can't be my daily driver or grocery-getter. Which I'm fine with.
I can't imagine they are tracking you by GPS to see that you travel back and forth to the same location around the same time (am then pm) 5 days a week?
Not that I'm trying to beat the system, just always wonder how those limitations work especially when they give you free reign on mileage (for the most part).
09-29-2015, 02:27 PM
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They also stated that if you have frequent/repeated claims in short periods of time they will investigate more thoroughly. Having said that, my friend that I mentioned above had two legitimate claims within a 2-3 year period and they didn't make him jump through any hoops at all. I imagine they have a pretty good feel for what is or isn't legitimate/abuse based on their industry experience.
10-04-2015, 09:03 PM
#40
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Hey everyone. I currently insure my 2000 trans am with Allstate and I would really like to switch to Grundy. I meet all the criteria except for keeping the car in a garage all the time. The car is kept covered in the corner of the drive way. I use a 2014 civic for travel to work. My question is, does anyone have Grundy and not keep the car in a garage? I can take a picture of the car in a garage but do you guys think it would be an issue if the car is not in a garage? Thanks in advance for the help.