1969 vette auto ins

[Jimmy D.]

Today I called my insurance company and wasn't happy with how they wanted to insure my Vette. Does anyone have any suggestions on the best way to go and what to ask for? I saw the adds in the driveline and of course Hagerty being the one I have heard about. Any help or input would be helpful.
Thanks Jimmy

[Mark E.]

Re: 1969 vette auto ins

I switched my Corvette to Hagerty a couple of years ago. Premiums are much lower than "mainstream" insurance and I like the stated value coverage compared to getting whatever the insurance company thinks your car is worth when a claim occurs. Hagerty's mileage restrictions are different than some. The policy does not have a specific mileage cap, but they're clear the car shall not be used regularly and they require you to own another daily driver. There are other restrictions also, like keeping the car in a secure garage.

In summary, cost is good, coverage is good, and customer service is good. But I haven't had a claim with them, and that's the real test of an insurance company.

[Jim D.]

Re: 1969 vette auto ins

Contact Adam Boca at the Corvette Museum. He has the best rates.

[Jimmy D.]

Re: 1969 vette auto ins

Thanks Mark for the advise. That's what they told me when I called them. Like you said how are they if they have to settle a claim.

[Mark E.]

Re: 1969 vette auto ins

Contact Adam Boca at the Corvette Museum. He has the best rates.

But is the best rate the best criteria for selecting a company? I'm not judging Adam Boca (no experience with him), just questioning low cost as the primary or sole decision criteria.

[Jimmy D.]

Re: 1969 vette auto ins

Mark, I do agree with that. I just want to know if something happened, they would look out for me and my car. I spoke with Geico today and they were the cheapest so far and didn't seem to have a problem giving me what I wanted for total loss and quite a bit more. So I'm not sure how to take it.

[Don H.]

Re: 1969 vette auto ins

I have been with Hagerty for at least 10 years. I could possibly save a few bucks to switch but will not even consider it now. A close friend had lightening cause a garage fire and he had Hagerty. They were first class to work with! This is nothing against any other company, just a known experience. Don H.

[Michael W.]

Re: 1969 vette auto ins

I like the stated value coverage compared to getting whatever the insurance company thinks your car is worth when a claim occurs..

I think you mean 'agreed value' and not stated value.

[Thomas H.]

Re: 1969 vette auto ins

Contact Adam Boca at the Corvette Museum. He has the best rates.

Had Hagerty - they wouldn't write insurance on my Z06, switched to NCM who would, plus the rates were lower.

When hurricane Sandy came calling a couple years back Adam called asking if I needed any assistance making sure the cars are safe (I know they are just looking out for their interest, but....). Two days after the storm passed he called again asking how we fared. I like that touch. Try to get Allstate or one of the others to go that far.

I've have not had any claims but those I spoke with that have had no issues.

Tom

[Ed S.]

Re: 1969 vette auto ins

Jimmy,

You didn't mention your current insurance company or what year your Vette is, but if you are not American Collectors Insurance, I suggest you at least give them an opportunity to give you a quote. They will issue an agreed value policy. Never had to make a claim but they were very good to work with. And, if you are a vet or are a USAA insurance member they you will get a discount from American Collectors, and..... they have a special section or team that only services USAA members. I get exceptional service from them. Good luck.

[Joe L.]

Re: 1969 vette auto ins

Today I called my insurance company and wasn't happy with how they wanted to insure my Vette. Does anyone have any suggestions on the best way to go and what to ask for? I saw the adds in the driveline and of course Hagerty being the one I have heard about. Any help or input would be helpful.
Thanks Jimmy

Jimmy------


You absolutely don't want to use a "mainstream" auto insurance policy for a classic or collector-type car unless you happen to drive that car as a daily driver. In the latter case, you have to use a mainstream auto insurance policy.

Most of the classic car insurance companies are good. What you need to do is to first determine which ones offer policies that meet your requirements (i.e. operating restrictions, mileage limits, etc.). Obviously, firms that don't offer policies that meet your requirements don't need to be considered no matter what their price or service level.

[Jim D.]

Re: 1969 vette auto ins

But is the best rate the best criteria for selecting a company? I'm not judging Adam Boca (no experience with him), just questioning low cost as the primary or sole decision criteria.

If you do a search, you'll find that nobody has better customer service on claims than Adam. I'd rather insure my Corvettes with a real car guy that understands the value of these cars than an agent that's only purpose is to save his employer money on claims.

[Joe L.]

Re: 1969 vette auto ins

Had Hagerty - they wouldn't write insurance on my Z06, switched to NCM who would, plus the rates were lower.

When hurricane Sandy came calling a couple years back Adam called asking if I needed any assistance making sure the cars are safe (I know they are just looking out for their interest, but....). Two days after the storm passed he called again asking how we fared. I like that touch. Try to get Allstate or one of the others to go that far.

I've have not had any claims but those I spoke with that have had no issues.

Tom

Tom------


I'm not surprised, at all, that Hagerty would not insure your Z-06. Most classic car insurance companies will not issue policies for later model cars. In fact, I'm surprised that the NCM would. As I recall, the underwriter for the NCM is American Modern Insurance Company. American Modern has some pretty liberal policy restrictions but I didn't know they were that liberal. Do they have some serious mileage restrictions attached to the Z-06 policy?

[Carl N.]

Re: 1969 vette auto ins

Glad you had a positive experience with rep from NCM. After trying to obtain information from him on two occasions several years ago, I found him to be very condescending and rude.. just my 2 cents worth.

[Ed S.]

Re: 1969 vette auto ins

I think you mean 'agreed value' and not stated value.

Michael,
You are correct - agreed value. Thanks.