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  • 1979 - 1995 (Fox, SN95.0, & 2.3L) -General/Talk-

Insurance Wtf

  • Thread starter Thread starter stykthyn
  • Start date Start date Sep 25, 2017
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Flatfoot

5 Year Member
Aug 18, 2017
73
96
38
Milton, Fl
Sep 27, 2017
#21
  • Sep 27, 2017
  • #21
Got an online quote from Hagerty for $545 for the year. Guess it's higher for Florida residents
 

General karthief

wonder how much it would cost to ship you a pair
20+ Year Stangneter
Aug 25, 2016
27,899
10,555
203
polk county florida
Sep 27, 2017
#22
  • Sep 27, 2017
  • #22
Flatfoot said:
Got an online quote from Hagerty for $545 for the year. Guess it's higher for Florida residents
Click to expand...
Yes and no, as a whole yes we are in the top ten I bet, also what county you live in, like I will pay less here in polk county than I would if I lived in hillsbourgh or miami/dade
 
Reactions: Flatfoot

killer5.0

5 Year Member
Oct 8, 2009
725
83
59
Sep 27, 2017
#23
  • Sep 27, 2017
  • #23
Ive been wanting to do this and i keep forgetting...So grundy or hagerty are the two best choices? I have over $40k in my fox already and definately need an agreed value...
 

Real time recon

Mustang Master
Aug 21, 2016
469
205
83
...
Sep 27, 2017
#24
  • Sep 27, 2017
  • #24
Only takes a minute to call.For me Grundy was WAY cheaper .
 
Reactions: killer5.0

Flatfoot

5 Year Member
Aug 18, 2017
73
96
38
Milton, Fl
Sep 27, 2017
#25
  • Sep 27, 2017
  • #25
karthief said:
Yes and no, as a whole yes we are in the top ten I bet, also what county you live in, like I will pay less here in polk county than I would if I lived in hillsbourgh or miami/dade
Click to expand...
I live in Santa Rosa county (second to the last county west side of the panhandle). I would think that would be similar to Polk County. Still cheaper than regular insurance on it. It was up near $1000 a year. Take what I can get I guess.
 

Mustang5L5

That is…until I whipped out my Bissell
Mod Dude
Feb 18, 2001
43,248
17,929
224
Massachusetts
Sep 27, 2017
#26
  • Sep 27, 2017
  • #26
karthief said:
Yes and no, as a whole yes we are in the top ten I bet, also what county you live in, like I will pay less here in polk county than I would if I lived in hillsbourgh or miami/dade
Click to expand...

You should see what we pay up here in Mass. Before collector car insurance was allowed, all you could do was regular insurance. So when I had my Infiniti and Fox, I was quoted $1800/yr on the Infiniti, and $1900/yr for the Fox. This was with a perfect, clean record and in my 30's.

No way was I paying $4k/yr, so the fox sat in storage.

These days, between my wife and I and our 3 cars total we pay $2600/yr. Of course it also helps that she pays for her own car. Our homeowner insurance is around $1200/yr. Unsure how that stacks up against rest of country. Our real-estate is overpriced so I'm sure it's high.
 

fredfifty

5 Year Member
Nov 23, 2011
318
57
59
SF Bay Area
Sep 27, 2017
#27
  • Sep 27, 2017
  • #27
revhead347 said:
You think car and homeowners insurance is bad, check your mortgage statement and see what you pay in PMI. I pay more money in mortgage insurance than I do for car insurance.

Kurt
Click to expand...
shouldve plopped down that 20%!
 

revhead347

Apparently my ex-husband made that mistake.
20+ Year Stangneter
Jun 14, 2004
9,297
1,641
214
Acworth, GA
Sep 27, 2017
#28
  • Sep 27, 2017
  • #28
fredfifty said:
shouldve plopped down that 20%!
Click to expand...

Common misconception. They charge you mortgage insurance no matter how much equity you have. When I went over 20% equity, they changed the name from PMI....to whatever, and charged me 10% less. The housing bubble collapse dug so deep that the days of plopping down 20% to avoid mortgage insurance are gone. I still made the right choice. Even though I had no where near 20% to put down, rental rates have gone up to almost triple what my mortgage is since I bought this house. I would have no car parts money if I continued to rent.

Kurt
 

revhead347

Apparently my ex-husband made that mistake.
20+ Year Stangneter
Jun 14, 2004
9,297
1,641
214
Acworth, GA
Sep 27, 2017
#29
  • Sep 27, 2017
  • #29
NIKwoaC said:
Pheckin' A man, sorry to hear that. I assume it will be fixed at no cost to you?

A buddy of mine was/is a Miata enthusiast, and they apparently have this mythos that stone-gray cars get crashed more because they blend in with the road surface. Maybe you were doomed with your RS... Wasn't it gray?
Click to expand...

I'm going to take an ass beating on it no matter what. An RS with an insurance claim on it will never command any resale value. I hate the blue, but if I trade it in, I will be going for it. It depends on a few factors, how high the DOV appraisal is, how good the repair job is, and if there are any left by the time it's repaired. I totally believe that the wrong color can get you in an accident. No one has ever hit me in my bright yellow Mustang, and I've had this car for nearly 20 years. Next car I buy is going to be safety orange.

Kurt
 
Reactions: General karthief

stykthyn

I want to measure mine. It doesn't look that tall.
15 Year Member
Jul 6, 2006
5,232
2,652
223
gainesville
Sep 27, 2017
#30
  • Sep 27, 2017
  • #30
Flatfoot said:
I live in Santa Rosa county (second to the last county west side of the panhandle). I would think that would be similar to Polk County. Still cheaper than regular insurance on it. It was up near $1000 a year. Take what I can get I guess.
Click to expand...
I grew up in bay county. Beautiful over that way. I miss it.
 
Reactions: Flatfoot

Mustang5L5

That is…until I whipped out my Bissell
Mod Dude
Feb 18, 2001
43,248
17,929
224
Massachusetts
Sep 27, 2017
#31
  • Sep 27, 2017
  • #31
revhead347 said:
Common misconception. They charge you mortgage insurance no matter how much equity you have. When I went over 20% equity, they changed the name from PMI....to whatever, and charged me 10% less. t
Click to expand...

This a regional thing? Im over 20% equity and have no PMI or any sort of mortgage insurance.
 

revhead347

Apparently my ex-husband made that mistake.
20+ Year Stangneter
Jun 14, 2004
9,297
1,641
214
Acworth, GA
Sep 27, 2017
#32
  • Sep 27, 2017
  • #32
Mustang5L5 said:
This a regional thing? Im over 20% equity and have no PMI or any sort of mortgage insurance.
Click to expand...

It is. I live in Georgia where the mortgage default rate is extremely high. Even with an 834 beacon score I have to pay mortgage insurance.

Kurt
 
Reactions: Mustang5L5

RangerJoe

I leave the horn on while driving
15 Year Member
Apr 26, 2010
2,560
1,146
184
Georgia
Sep 28, 2017
#33
  • Sep 28, 2017
  • #33
revhead347 said:
Common misconception. They charge you mortgage insurance no matter how much equity you have. When I went over 20% equity, they changed the name from PMI....to whatever, and charged me 10% less. The housing bubble collapse dug so deep that the days of plopping down 20% to avoid mortgage insurance are gone. I still made the right choice. Even though I had no where near 20% to put down, rental rates have gone up to almost triple what my mortgage is since I bought this house. I would have no car parts money if I continued to rent.

Kurt
Click to expand...

Kurt, I would check that around. I am one hour from you, 811 credit score, no PMI.

Joe
 

killer5.0

5 Year Member
Oct 8, 2009
725
83
59
Sep 28, 2017
#34
  • Sep 28, 2017
  • #34
The quote i got from hagerty was almost 3x the quote i got from grundy
 

fredfifty

5 Year Member
Nov 23, 2011
318
57
59
SF Bay Area
Sep 29, 2017
#35
  • Sep 29, 2017
  • #35
revhead347 said:
Common misconception. They charge you mortgage insurance no matter how much equity you have. When I went over 20% equity, they changed the name from PMI....to whatever, and charged me 10% less. The housing bubble collapse dug so deep that the days of plopping down 20% to avoid mortgage insurance are gone. I still made the right choice. Even though I had no where near 20% to put down, rental rates have gone up to almost triple what my mortgage is since I bought this house. I would have no car parts money if I continued to rent.

Kurt
Click to expand...
i hear you, i live near san francisco, and rent is so wtf that there are several working aged adults (who drive) that live in one sfh just to pay the rent (which is on average 3400-4k/month)...on top of that, no ing parking anywhere and no one uses their garage for a car but rather turn it into an unpermitted in law. its bananas man
 

Mustang5L5

That is…until I whipped out my Bissell
Mod Dude
Feb 18, 2001
43,248
17,929
224
Massachusetts
Sep 29, 2017
#36
  • Sep 29, 2017
  • #36
I thought MA real estate was nuts, and then I spent a weekend in San Fran. Holy hell I don't know how anyway can afford to live there any more.
 

revhead347

Apparently my ex-husband made that mistake.
20+ Year Stangneter
Jun 14, 2004
9,297
1,641
214
Acworth, GA
Sep 30, 2017
#37
  • Sep 30, 2017
  • #37
RangerJoe said:
Kurt, I would check that around. I am one hour from you, 811 credit score, no PMI.

Joe
Click to expand...

An hour away is relative. The rules of real estate: location, location, location. Is that an hour away at 7am or 3am?

Kurt
 
Reactions: General karthief

killer5.0

5 Year Member
Oct 8, 2009
725
83
59
Oct 1, 2017
#38
  • Oct 1, 2017
  • #38
has anyone filed a claim from either company? been reading about all the driving restrictions (i.e. if you are on a pleasure cruise but stop at a store to pick up some groceries on the way home you now may not be covered because it changed the dynamic of the trip and you now are using the car to run errands etc) and it has me a little concerned...i am going to call them up tomorrow and ask some pertinent questions but just wondering if anyone has had any issues with either company. My Haggerty quote was a touch over $1k and for the same coverage from Grundy was $350...
 
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