Hagerty Insurance?

horseballz · Aug 24, 2011

Hi All,
Anybody use Hagerty Classic Car Insurance? If so, how is it? If not, who do you use?
Thanks,
Gene

iskwezm · Aug 24, 2011

I have Hagerty, but have not had to file a claim.

SitDown · Aug 24, 2011

I do, but have been meaning to bring mine over to my state farm bundle. No bad experiences, but no claims though. Under SF the premium would be cut by more than 1/2

afast93stang · Aug 24, 2011

I have used them for 2 years now to insure my 67. Fortunately I have not had to file a claim but dealing with them on the phone/fax to get it setup was a good experience.

rick55fla · Aug 24, 2011

SitDown said:
I do, but have been meaning to bring mine over to my state farm bundle. No bad experiences, but no claims though. Under SF the premium would be cut by more than 1/2

I have State Farm bundled for the cars/house etc,,they wouldn't even talk to me about my 73 Vert UNLESS it was stored in a locked garage.

I'm looking for different coverage soon,,

other_shoe · Aug 24, 2011

I looked at a couple of classic car insurance companies. I cannot recall whether Hagerty was one.

I ended up putting the '67 on my regular policy with American Family. Two years ago, when I had two cars in addition to the Mustang the rates were about $200 for the year of coverage, comprehensive with stated value of $20K and a $500 deductible and no restrictions on where I drove it, though it is generally garaged. The no restrictions part was important to me since I wanted to drive it to work on occasion -- something that was not covered by some of the classic insurance policies.

To give some perspective. This was about 1/4 of what I was paying for my 97 Audi A6 wagon, which was worth about $5500 per NADA. Of course, that was the car I drove most days.

Once, I reduced to just having two cars the rate went up, but it is in the $350 per year range, which is reasonable for my purposes.

I've never made a claim on the Mustang with them.

65fastbackresto · Aug 24, 2011

I use Grundy

Costs me $225 a year for $2500 coverage, well worth it in my ipnion.

rob289c · Aug 24, 2011

I use Haggerty, $250/yr for $25,000 coverage on a '67 Fastback. Have not filed any claims. They send a nice magazine a few times a year and a monthly e-mail. Both good reading about our hobby.

coolblue65 · Aug 24, 2011

I use Hagerty, no claims but I like that its zero deductible, with zero driving restrictions. I know Allstate uses Hagerty for their customers who have cars like ours.

PoppyMod · Aug 24, 2011

Hagerty

Hi,
I have 2 cars and a 64 Vespa covered by Hagerty. I have both cars with 25K each and 4K on the Vespa. I pay $564/yr. Fortunately, I've file no claims. However, a car club member had an engine fire in his GT 350 clone. Hagerty made him a happy camper in their service and financial coverage.
Good Luck!

Crs · Aug 24, 2011

No complaints so far! 68 Coupe, insured for $20,000. $191 a year.

2+2GT · Aug 25, 2011

Only comment I've heard was a couple days ago, a guy had a a brake failure and Hagerty paid for the flatbed tow. Dunno about the repair, since it just happened.

horseballz · Aug 25, 2011

Thanks All,
I guess it just sucks to be me. No garage/no go! I got all excited when I filled out the online application and it even asked about where it would be parked and the quote/rates were great with no deductible. When I called to talk to a human, they said unless the car was 1959 or older it needed to be garaged. Grundy's is similar. I guess I'm stuck with Progressive, OK rates but none of the bells & whistles and pretty costly to ditch the deductible. Oh well.
Thanks Again,
Gene

zookeeper · Aug 25, 2011

FWIW, Grundy insures my fastback and my wife's '69 Corvette for roughly half the cost of Hagerty. Coverage seems comparable and they don't really have any mileage limitations, so long as it's not your only car.

calpolymustang · Aug 29, 2011

i have hagerty
zero deductable on my craked windshield
no issues with taking the car apart
(JCTaylor only covers $300 of your parts you remove, for example when you pull the engine to change cam and heads, coverage gets complicated) so i left JCT and went to Hagerty

Hagerty doesnt keep tight tabs on your milage, and for my politcy they dont want horsepower to be 50hp over the original engines. so 66 fastbacks could get 271hp, they dont want me putting over 321 hp in there. maybe i could say its really 306+50 using the shelby 'option'.

Slobin3d · Aug 29, 2011

at what point should you switch from "normal" insurance to collector insurance? I just got myself a 72 and as it sits it's not worth a ton, but it will be soon Do I need to have it appraised first before they do the insurance paperwork, does the car have to be finished or can you change rates as the value increases or is it worth the effort?

PoppyMod · Aug 29, 2011

Slobin3d said:
at what point should you switch from "normal" insurance to collector insurance? I just got myself a 72 and as it sits it's not worth a ton, but it will be soon Do I need to have it appraised first before they do the insurance paperwork, does the car have to be finished or can you change rates as the value increases or is it worth the effort?

Hi
From perspective, I looked at the fact my DD (daily driver) Ins. company would not, within reason, insure my classic to my satisfaction. So, I looked at classic insurers as this is where their expertise lies. Thus, they got my money.
IMHO, Allstate, Statewide, Progressive, etc are not "into" being classic car insurers. They do a super job at covering my DD. Thus I opted for folks who speak our language. For me, it it was Hagerty.
I'm not promoting any company, just my perspective. (my disclaimer)
Happy trails!

69gmachine · Aug 30, 2011

I have Heacock. They have several different catagories and allow extensive modifications. I have a stated value of $40K, which I know is a lot, but if it were stolen or totaled in a fire, that's what I would need to replace it. I'm paying about $450/yr and I can drive it anywhere I want. It does have to be garaged, but they contacted me recently to let me know they would cover my moving it to a safer location before Hurricane Irene passed by. I didn't need to take their offer, my garage is plenty safe.

grainboy · Sep 12, 2011

classic inurance

Farmers can hook you up with a smaller agency called JC Taylor. I insure my 66 with 7500 of comprehensive for 56.00 per YEAR. I have had similar policies with haggerty, and it usually costs twice as much for the same coverage.

Wicked65 · Sep 12, 2011

I have farmers stated value insurance. No milage limit, or any special rules. Just get a check written minus deductable if the car ever gets totaled.. I think i pay $30ish bucks a month for 30K coverage.

Hagerty Insurance?

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