Grundy vs Hagerty for collector car insurance
09-26-2021, 10:38 AM
#1
Grundy vs Hagerty for collector car insurance Hi All :
Just wanted to tell you about my recent insurance purchase . I currently have three 4th gen f bodies insured with Grundy at about $500 each per year.
I recently purchased a 2015 Evo X final edition with 200 miles as a collector car . My everyday driver is a 2014 Evo X MR . I called Grundy for a quote .
They came back with a lot of questions that I never got with the F bodies ( younger drivers in the house ? is the car modified ? what are my current regularly
insured cars ? etc) and they were a little difficult on the agreed price (65K) , but they were eventually ok with everything and gave me a quote of $1000 per year .
I was mildly unhappy with the price so I decided to give Hagerty a try . I considered Hagerty about 10 years ago when I first started collecting cars . I researched
Hagerty vs Grundy and found that most people were happy with both , but that Grundy was better about payouts. So I called Hagerty and they quoted me
$2200 per year . I pay $1600 per year for the MR with Allstate with very high coverage for a regular daily driver !
I went online and found other sights also stating that Hagerty was significantly higher priced than Grundy . Grundy does have some limitations , but none that are
a problem for me .
I hope this is helpful and that someone saves some money .
Marty
Just wanted to tell you about my recent insurance purchase . I currently have three 4th gen f bodies insured with Grundy at about $500 each per year.
I recently purchased a 2015 Evo X final edition with 200 miles as a collector car . My everyday driver is a 2014 Evo X MR . I called Grundy for a quote .
They came back with a lot of questions that I never got with the F bodies ( younger drivers in the house ? is the car modified ? what are my current regularly
insured cars ? etc) and they were a little difficult on the agreed price (65K) , but they were eventually ok with everything and gave me a quote of $1000 per year .
I was mildly unhappy with the price so I decided to give Hagerty a try . I considered Hagerty about 10 years ago when I first started collecting cars . I researched
Hagerty vs Grundy and found that most people were happy with both , but that Grundy was better about payouts. So I called Hagerty and they quoted me
$2200 per year . I pay $1600 per year for the MR with Allstate with very high coverage for a regular daily driver !
I went online and found other sights also stating that Hagerty was significantly higher priced than Grundy . Grundy does have some limitations , but none that are
a problem for me .
I hope this is helpful and that someone saves some money .
Marty
09-26-2021, 10:57 AM
#2
Grundy denied me because of performance mods. Hagerty approved me 100% online. Never needed to talk to anyone. They didn't even need pics and agreed to insure at my desired price.
as far as using them in the event of an accident, hopefully I'll never know. But Hagerty was a better experience overall.
68 camaro insured at 25k, telling them it was modified, 450 bucks a year. Full coverage.
as far as using them in the event of an accident, hopefully I'll never know. But Hagerty was a better experience overall.
68 camaro insured at 25k, telling them it was modified, 450 bucks a year. Full coverage.
09-27-2021, 02:27 PM
#3
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I've had a better experience with Grundy - much better pricing than Hagerty for my '71 and '98, no difference in limitations for the sort of policy I wanted, nor did they have any issues with covering either car at my requested limits. Modifications were not a problem in my case. I haven't personally needed to file a claim, but I have a long time local car show friend who, in recent years, needed to file two claims with Grundy for separate incidents. One incident involved a mechanical failure on the car resulting in damage, the other was a collision. In both cases, Grundy paid out with no issues and he was pleased with the experience.
You will always find some folks who have had bad experiences with ANY insurance company, so it's really more important to look at the overall average of reviews vs. individual outlying stories. One thing that seems to be very consistent with Hagerty is that their pricing is generally higher than Grundy, all else being equal - but, at least in my case, I wouldn't have been getting any additional benefit for the extra money.
You will always find some folks who have had bad experiences with ANY insurance company, so it's really more important to look at the overall average of reviews vs. individual outlying stories. One thing that seems to be very consistent with Hagerty is that their pricing is generally higher than Grundy, all else being equal - but, at least in my case, I wouldn't have been getting any additional benefit for the extra money.
09-27-2021, 10:02 PM
#5
Another consideration is how restrictive the policies. My current collector policy is restricted to car shows, parades, occasional pleasure drives, etc. It costs less than half of Hagerty, but Hagerty allows you to take the car to work occasionally and on long trips and has no mileage limitation. They won't deny coverage if you stop at the store on the way home and get clipped in the parking lot. Don't know how Grundy compares, but that's why it costs more than my other policy.
09-28-2021, 12:03 AM
#6
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Another consideration is how restrictive the policies. My current collector policy is restricted to car shows, parades, occasional pleasure drives, etc. It costs less than half of Hagerty, but Hagerty allows you to take the car to work occasionally and on long trips and has no mileage limitation. They won't deny coverage if you stop at the store on the way home and get clipped in the parking lot. Don't know how Grundy compares, but that's why it costs more than my other policy.
09-28-2021, 02:50 PM
#7
I have Safeco at $30k/AV and $500k everything else, on my CETA vert. I think I pay $600-/+/YR, in 3 installments, but not 100% on that, since it's auto-pay and I have better things to worry about. They are lenient on driving it, but they really don't want you to be DD it; the garage issue is the same, like all others. Had to send in basic pics, but other than that, nothing else - No Receipts, No Inspection, No Evaluation, No Appraisal.
I was on Grungy for my 02 WS6 vert at $25k/AV and $200k. After a chick hit me head-on, while finger ******* her phone, Grundy was kind of a PITA, but luckily I had a Pitbull-Shark-Honey Badger hybrid-mutant Attorney, lol... needless to say, they kicked me after everything was finalize... at least they let me buy my bird back for $200, lol
I was on Grungy for my 02 WS6 vert at $25k/AV and $200k. After a chick hit me head-on, while finger ******* her phone, Grundy was kind of a PITA, but luckily I had a Pitbull-Shark-Honey Badger hybrid-mutant Attorney, lol... needless to say, they kicked me after everything was finalize... at least they let me buy my bird back for $200, lol
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09-29-2021, 01:48 PM
#8
ModSquad
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I was with Grundy for several years with my Chevelle, and a 92’ Camaro. Grundy recently dropped all coverage in the state of Ga, so I went with Hagerty. It’s a little more money for the same agreed values. So far, so good. Hopefully I never need it.
09-29-2021, 02:32 PM
#9
I was on Grungy for my 02 WS6 vert at $25k/AV and $200k. After a chick hit me head-on, while finger ******* her phone, Grundy was kind of a PITA, but luckily I had a Pitbull-Shark-Honey Badger hybrid-mutant Attorney, lol... needless to say, they kicked me after everything was finalize... at least they let me buy my bird back for $200, lol
10-08-2021, 04:36 AM
#12
TECH Addict
Wasn't that because they got screwed by Flood Cars, hurricanes and folks that don't understand water goes down hill.. I know about 3 major companies bailed on states along the big rivers..
10-09-2021, 10:35 AM
#13
ModSquad
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They gave us no reason as to why. My brother had an ‘87 Silverado insured through them, and his policy was a mid-year renewal, supposed to renew in June. Mine renewed in January. He told me about the issue in June and told me to be ready to change. Sure enough, I got the letter in November. They were extremely helpful in helping me with other choices of carriers, so it wasn’t like a total mess.
10-14-2021, 11:50 AM
#14
I don't know if it worth anyone's time or not. But American Auto Owners does Classic Car insurance, the WS6 qualified for it. As long as the car is stored in side and you submit pictures they do an agreed upon value and are extremely affordable.
I have about 8 classic cars including the WS6 with them and they are extremely affordable, WS6 costs me $83 a year. I don't drive any of the cars more than a few thousand miles a year if they are lucky, (probably more realistic 500-1000 miles a year).
I know from talking with them there are certain requirements to be able to qualify but they are very affordable.
Bicknell Insurance Inc (is who cares them, speak with Kelly)
(970) 395-2425
My friend a has a real 38 code 66' Chevelle and couldn't believe how much better the pricing was. Obviously you need to fill out info. Like ie. Car is required to be stored inside, does car have car cover inside?, is the car driven more than 5,000 miles a year, etc. But I have been very happy with them.
I got hit pretty hard in a Classic Ford about two years ago, the other insurance company wanted to total the car out, Bicknell and Auto Owners asked me what I wanted to do. I said fix the car and not total it out, they fought for me with the other insurance company for a month or two and they ended up paying to fix the car and not total it out. I appreciate an insurance company that will fight for you!
Hope this info helps if you guys are looking for insurance, or at minimum a price quote to compare.
I have about 8 classic cars including the WS6 with them and they are extremely affordable, WS6 costs me $83 a year. I don't drive any of the cars more than a few thousand miles a year if they are lucky, (probably more realistic 500-1000 miles a year).
I know from talking with them there are certain requirements to be able to qualify but they are very affordable.
Bicknell Insurance Inc (is who cares them, speak with Kelly)
(970) 395-2425
My friend a has a real 38 code 66' Chevelle and couldn't believe how much better the pricing was. Obviously you need to fill out info. Like ie. Car is required to be stored inside, does car have car cover inside?, is the car driven more than 5,000 miles a year, etc. But I have been very happy with them.
I got hit pretty hard in a Classic Ford about two years ago, the other insurance company wanted to total the car out, Bicknell and Auto Owners asked me what I wanted to do. I said fix the car and not total it out, they fought for me with the other insurance company for a month or two and they ended up paying to fix the car and not total it out. I appreciate an insurance company that will fight for you!
Hope this info helps if you guys are looking for insurance, or at minimum a price quote to compare.