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Insurance -American Modern Insurance Group (National Corvette Museum Insurance)

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  • Jerome P.
    Expired
    • October 22, 2006
    • 607

    Insurance -American Modern Insurance Group (National Corvette Museum Insurance)

    I know there has been a lot of discussion about insurance.

    Does anyone have any thoughts and/or claim experience on the insurance offered through the National Corvette Museum. I believe the insurance company is American Modern Insurance Group. Their quote for identical coverage is almost $200/year cheaper than Hagerty.

    American Modern from what I can find has not gotten good reviews.

    Any comment or input would be appreciated.
  • Ron G.
    Very Frequent User
    • November 30, 1984
    • 865

    #2
    Re: Insurance -American Modern Insurance Group (National Corvette Museum Insurance)

    I have discussed putting my 96 convertible on with Adam Boca from the Museum. It will cost me around $228.00 per year which is a little less than Hagerty. I have had my LT-1 and my 67 GTO with Hagerty and was happy with them. Fortunately, I have not had any issues where I needed to use it. However, to me it is not just the cost, but will they be there when you need them.
    "SOLID LIFTERS MATTER"

    Comment

    • Bill C.
      Expired
      • July 15, 2007
      • 904

      #3
      Re: Insurance -American Modern Insurance Group (National Corvette Museum Insurance)

      i have my 70 challenger insured with them (as well as other cars)

      great INS comp, rates were fair.

      bill

      Comment

      • Jim D.
        Extremely Frequent Poster
        • June 30, 1985
        • 2883

        #4
        Re: Insurance -American Modern Insurance Group (National Corvette Museum Insurance)

        Originally posted by Jerome Pederson (46381)
        American Modern from what I can find has not gotten good reviews.
        Please give us a link to those reviews. I've been with AMI for many years (never had a claim) but have heard nothing but good reviews from those that have had claims. Adam Boca has many of them posted on his site..

        Comment

        • Jerome P.
          Expired
          • October 22, 2006
          • 607

          #5
          Re: Insurance -American Modern Insurance Group (National Corvette Museum Insurance)

          I agree Adam's site does has some very good reviews. However, this is the info I found. Here's the link.





          Am I missing something? Are these one in the same companies? American Modern Insurance Group (AMIG)

          Interesting, they do have a very good AM Best rating.

          Comment

          • David K.
            Expired
            • September 1, 2011
            • 73

            #6
            Re: Insurance -American Modern Insurance Group (National Corvette Museum Insurance)

            I have 5 cars insured with them and fortunately I do not have any claim experience with them. All are insured at agreed value. I purchased it through MK Insurance who is a site sponsor over at www.yenko.net. MK has a forum over there and you may be able to get some info on American Modern to help you in your decision. I've been with American Modern for 5 years or so after having been with J. C. Taylor for many years. AM was a fair amount cheaper with better coverage, hence the switch. I do know that some members over at the Yenko site have had claims and report that they were very happy with the service and results. As I said, I have not had any claims experience with them and hope that I don't.

            Dave

            Comment

            • Thomas H.
              Extremely Frequent Poster
              • August 31, 2005
              • 1055

              #7
              Re: Insurance -American Modern Insurance Group (National Corvette Museum Insurance)

              Originally posted by Jim Durham (8797)
              Please give us a link to those reviews. I've been with AMI for many years (never had a claim) but have heard nothing but good reviews from those that have had claims. Adam Boca has many of them posted on his site..
              You won't see too many vendors posting bad reviews on their sites. Tends to drive customers away..........

              I use NCM insurance for my cars. Never had a claim so I can't comment on their process.
              1958, 283/245, White/red - Top Flight, October 2016
              1960, Black/black, 283/230 4sp
              1966, Black/Red, 327/350 4sp w/AC
              1967, 427/390, 4sp, Goodwood Green, Coupe
              1971 LS5, 4sp, coupe, Bridgehampton Blue
              2007 Z06, Lemans Blue

              Newsletter Editor, Delaware Valley Chapter

              Comment

              • Jerome P.
                Expired
                • October 22, 2006
                • 607

                #8
                Re: Insurance -American Modern Insurance Group (National Corvette Museum Insurance)

                Originally posted by Jerome Pederson (46381)
                I agree Adam's site does has some very good reviews. However, this is the info I found. Here's the link.





                Am I missing something? Are these one in the same companies? American Modern Insurance Group (AMIG)

                Interesting, they do have a very good AM Best rating.

                Jim,

                Any comments or thoughts on the link I posted?

                Comment

                • James B.
                  Expired
                  • November 30, 1992
                  • 281

                  #9
                  Re: Insurance -American Modern Insurance Group (National Corvette Museum Insurance)

                  USAA recommends American Modern to their members for classic car insurance. I have been with USAA since 1966 and I believe they are an excellent and well run company and I am sure they carefully vetted (pun intended) AM before recommending them. I have had two cars insured with AM for several years but like other responders I luckily have had no claims.

                  Comment

                  • Jerome P.
                    Expired
                    • October 22, 2006
                    • 607

                    #10

                    Comment

                    • Gene M.
                      Extremely Frequent Poster
                      • March 31, 1985
                      • 4232

                      #11
                      Re: Insurance -American Modern Insurance Group (National Corvette Museum Insurance)

                      We looked into National Corvette Museum Agency insurance and it is not available in our state. I don't know why that is.

                      Comment

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