Heacock Classic vs. Hagerty Insurance

[Christopher B.]

Which insurance is better? Heacock told me they cover the car even if you go out to the mall, and said Hagerty does not cover you unless you are going to/from or are at a car show or meet.

Anyone with experience in this rehlm would be greatly appreciated!

[Terry D.]

Re: Heacock Classic vs. Hagerty Insurance

Lots of insurance info in the archives. This subject has been discussed several times. Whichever company you go with make sure all your questions are answered and in writing.
Terry

[Stephen L.]

Re: Heacock Classic vs. Hagerty Insurance

What they said about Hagerty is patently false - I know because Hagerty has insured 5 cars for me over the years - they are one of the best service providers (across all industries) that I have come across - so one vote for Hagerty!

[Dennis D.]

Re: Heacock Classic vs. Hagerty Insurance

Grundy worldwide

[Stuart F.]

Re: Heacock Classic vs. Hagerty Insurance

Heck, even State Farm has been good with me since 1963. A lot has to do with your agent and the specific underwriter they use. With me, they always assure me that they know enough about classic cars to know the things are going to get limited use and loving care. They understand that on a stated value car, and one that is NOT your primary means of transportation, that you will use it rarely (low exposure) and that may mean to and from shows (close or far) and general pleasure driving. They know you are not going to be racing it (much) or endangering it any more than necessary. Actually, I believe it is a very low risk money maker for them to insure a classic.

Stu Fox

[Kurt B.]

Re: Heacock Classic vs. Hagerty Insurance

I vote for Hagerty as they do not limit you to car shows or events only.
Their requirement is that you prove you have another car fro daily commuting and that you keep your classic in a locked garage when not in use.
You can cruise on weekends and drive to work if daily driver is in shop as long as it is not daily. They also had no mileage limits per year for use and everyone I spoke to on this and other forums said their claim response was excellent.
I have "agreed value", not "stated value" as everyone told me there is not haggling if there is a loss on "agreed value".
You get exactly the value of what you insured the car for not depreciation for age or other write downs.
I have never had a claim but everytime I have a question or any of my neighbors or friends have questions for me , Hagerty has responded in less than 24 hours.
Great customer service
Kurt

[Stuart F.]

Re: Heacock Classic vs. Hagerty Insurance

I had Heacock give me a quote on my 63 year before last as they had a booth at the winter meet here in Florida. I gave them all the specifics as I have to State farm about the car, it's use, value, etc., etc. and they came in about 20% over State Farm. Now, I'm not happy with what I am paying here in Florida by any means. It's over double what I last paid in a Chicago collar county back in 2004, but then I have raised the value about $5k/year and I do drive it up to my maximum mileage (self imposed) of 1000/year. I never did more than about 5 or 600/year up north.

The "Stated Value" vs. "Agreed Value" is an interesting concept. My policy simply says; "Value: $xx,000" and I intend to get a clarification from my agent on that.

Stu Fox