E30 M3 has a huge value bump in the last quarter according to Hagerty.

[mtony]

Just trying to comparison shop. My car with 48K miles on it is insured for $90K with American Collectors insurance. It is insured in the tier with the lowest allowed miles per year (2500) and has the usual limitations about not commuting to work, garaged, etc. Limits are 300/500/100K, and my collision/comp deductible is $1,000. My annual premium is now $1400. I do get a small discount through USAA which makes my annual premium around $1325, but I'm wondering if I'm better off trying another insurance company.

[noro]

Another Grundy customer here

State: MA
Vehicle Value: 36K (time to bump it again)
Policy: 100/300
Deductible: 500
Annual Premium: $306

[Brandon]

Grundy

State: VA
Value: $65k (might raise it again)
Policy 100/300
Deductible: $500
Annual Premium: $385

No yearly mileage restrictions. Vehicle must be garaged while home, but is covered at out of town events in Hotel parking lots, etc. You cannot use the car to commute to and from work.

[nickn3]

Hahaha.

has anyone checked Hagerty recently? It seems to change daily, but I checked last week and it was staggering.
level1 was around $168,000
level2 was $105,000
level3 was $79,000
lebel 4 was $35,000

its a bit lower today, but still absurd.

Watch CNBC tomorrow morning, squawk box between 7:30 and 8am. The new collectibles, should be interesting.

[SeattleE30///M3]

I see much discussion of Hagerty and Grundy, but both seem to have limitations on mileage and don't allow you to drive the car to work.

I've put nearly 10k on my car in 15 months of ownership, does anyone actually insure these cars if you drive them? I drive it to work, to the grocery store, on the twisties, to LA for the hell of it... I've got Geico because they cover my other cars but I am wary of how they'd handle an issue with the M3.

Since you have multiple cars, Grundy is the answer. Since you have 3 you may want to look into Grundy VIP. No mileage limitations and agreed value.

[Konig]

Even for the 'collector' cars? (Type R and M3)

[SeattleE30///M3]

Under MVP program, you can get unlimited mileage and agreed value for all your cars. It's a special program they have for people looking to insure 3 or more cars under an agreed value policy.

http://www.grundy.com/mvp/

[drwillb]

Here: http://video.cnbc.com/gallery/?video=3000521231

[noro]

Thanks for posting the video ^. I think I am going to wash my baby tonight

[mrsha007]

I'm switching to Grundy and was wondering if anyone is using Grundy for their daily drivers also? It seems they cover both collectables and daily drivers.

[ADA///M]

I'm switching to Grundy and was wondering if anyone is using Grundy for their daily drivers also? It seems they cover both collectables and daily drivers.

happy with them for collectors so far (but I havent had a claim). Not sure on their daily, but they're tied to a larger company, so I'm sure it's as good as any other major.

[mlytle]

Very happy with Grundy for non daily drivers and race car. Super easy to work with and less expensive than the other big names.