Insurance questions - Page 2

Czeto · #11 04-04-2010, 08:50 AM

I'm a Hagerty believer. They covered my car before it was finished. Grundy would not.

grumpy · #12 05-17-2010, 04:34 PM

thought id revisit this thread. We are making some calls getting prices.

A quick quote from Haggerty, was 570.00 for 25 grand.

rak1 · #13 05-17-2010, 04:48 PM

I've always thought about getting classic car insurance but the price always worried me. The last one I added to my Insurance was a '67 XR7 Cougar and it only added $87 for the whole year; It's not full coverage, it just coverage for the other cars/people but figured I could start a car fund with the extra money I was saving and they couldn't limit my driving or put restrictions on me. I hoped if I got hit the other person's insurance would cover fixing mine (fingers crossed). Since my new car is a camino they would most likely total it for $9500 regardless of how much I have into the car, so when I insure this one I'll just do the same.

grumpy · #14 05-17-2010, 04:58 PM

With Michigan's goofy car laws, or rates are in the top five highest, in the country.

Even so I was pleasantly surprised with the 500.00 quote.

Hank70SS · #15 05-17-2010, 05:39 PM

$570, I paid $225 with Hagerty for $22k insurance. I do have year of manufacture plates, like historical plates that saves $80 to $100 a year unless MI has changed the law on that.

Bowtie-Bri · #16 05-17-2010, 06:22 PM

I had my car appraised 4 years ago. I have had Hagerty for many years. I pay 430 per year for 57k. Thats probably alittle over kill, but thats what it was appraised for back in 06. I figure if it gets stolen or the W word. I wouldn't be heart broken.

RBeckman · #17 05-17-2010, 07:36 PM

I'm with Hank, I use Haggerty and have my car insured for 25K and it's about $230.00 and I have 1969 plates...I'd say 500 is way to high

grumpy · #18 05-17-2010, 08:17 PM

Quote:

Originally Posted by Hank70SS

$570, I paid $225 with Hagerty for $22k insurance. I do have year of manufacture plates, like historical plates that saves $80 to $100 a year unless MI has changed the law on that.

The YOM plates are the reason for the price difference. Technically your not supposed to drive anywhere with them, only reason I can think of the difference.

flash · #19 05-17-2010, 09:13 PM

Another thing I like about Hagerty is they are car people too and they know their cars.

Hank70SS · #20 05-18-2010, 06:59 AM

Quote:

Originally Posted by grumpy

The YOM plates are the reason for the price difference. Technically your not supposed to drive anywhere with them, only reason I can think of the difference.

No,YOM plates will only save $80-$100. You don't pay the full mandatory catastrophic injury fund rate. You're right, technically they're like historical plates and can only be used during or to and from an event. Never heard of anyone being pulled over for driving with them. Besides there is cruise or show everyday of the week. The Hagerty agent suggested keeping a list in the glove box. If the police do question you, pull it out and say I'm going there.