Collector car insurance?

[meanmud]

I recently changed to American collectors. They offer Agreed upon value.

So I pretty much added up all my receipts for add ons (not including maintenance) and pay on that value (I won't tell you what it all added up to).

$250 a year and I can drive upto 5k miles

I will be upping my coverage soon though. I want to have it higher now that I have a house.

Nice - Hagerty wants me to be around 3K/year:beef:

[Narayan3]

There's no mileage limit with Grundy. I just can't drive it for errands and commute...

[chutrain]

Is there any collectors insurance company that will cover someone under the age of 25? Called several and none will cover. Want to have agreed value so there are no headaches with the insurance company with normal coverage.

[e30m3power]

There's no mileage limit with Grundy. I just can't drive it for errands and commute...

Yes but in the event of an accident how will they differentiate the two.

I'm asuming there must be some kind of process they go through to prove you weren't driving it to the food market.

I would be a little afraid of that. if it happens to be on the a nice saturday and you decide to take the bimmer to the mall or something, are you covered if something hapens?

[alpine003]

Has anyone had any claim experiences with any of these collector car insurance companies? Companies are easy to take your money but some can be hard to deal with if an accident happens.

TIA

[Narayan3]

Yes but in the event of an accident how will they differentiate the two.

I'm asuming there must be some kind of process they go through to prove you weren't driving it to the food market.

I would be a little afraid of that. if it happens to be on the a nice saturday and you decide to take the bimmer to the mall or something, are you covered if something hapens?

That is true! But it will be up to them to prove that I hope! I don't plan on finding out... Also I drive my car out of the garage and the only time I get out of it is when I'm back in my garage, except when I stop at a gas station. So I'm not too worried.

In the past, the few times I've driven it to a mechanic shop or something I've called them ahead and notified them first and they have had no problem...

[thizzelle]

Anyone here use Grundy insurence they seem to have best rates, please let me know what you think.

[BingM3]

From American Collectors:

Vehicle Qualifications
In order to offer our customers outstanding protection at affordable rates, vehicles insured through our program must meet the following requirements:

At least 15 years old or older (25 years in MA)
Kept in a fully-enclosed, locked garage
Driven for pleasure only, and not for general transportation

[allmotorking]

I just looked into changing my policy over to AAA and the rep told me that they valuate the worth of their insured vehicles not at blue book value but at what the going price is for a similar vehicle in your area. This is a good deal if your car is fairly stock. I should have inquired about clarification on this and how it pertains to modifications and upgrades.

[klm1]

what about canadian insurance?

[B Marques]

Has anyone had any claim experiences with any of these collector car insurance companies? Companies are easy to take your money but some can be hard to deal with if an accident happens.

TIA

i want to know the same.

[BingM3]

I cannot remember the website to see insurer's company ratings but you can search, ask them who they have the policy with, then go from there. Anything A+-, B+- should be fine.

[///schwartzman]

AAA coverage has worked for me on a few occasions even paid off a car that was stolen from my house in @ 45 days. And go figure the first week I took the car to work a lady backed into me in a parking lot... I get to choose where it gets fixed and the option for all new parts. All I did was provide 'comps' eBay, NADA, KBB, and receipts from my motor build (thanks Jeremiah) to establish $25,000 agreed value.

My AAA collector car policy is $195/yr. with one ticket on my record, they said it will drop to $140/yr. when the ticket falls off.

Modifications are allowed and were added to a worksheet for coverage.

Limitations:
20 years or older and/or limited production
Stated mileage 2,500-7,500 mi./yr.
Not used as primary vehicle

[monzon]

Just went to AAA today to get photos taken for a quote.

[B Marques]

AAA requires 10 yrs of driving experience. that blows