It's time to shop around for some insurance, just wondering how you guys have your cougar/tbird..
I will use the car under 3000 miles a year, at the track, and a trip to cat jam..etc
I can see it now I park the car for 20 min somewhere and it's gone, call insurance company and get a check for $1000 plus contents lol that would really suck ass.
I'm about ready to shop too...I won't dare park mine anywhere except in my driveway. I'll probably need an appraisal for the vert...(when it's done)
I wouldn't tell them about track usage. Geico told me flat out they'd cancel mine when I had the 1st GTO, and I didn't even bring it up!!! I think Eric and Ric both had their cars appraised for a good amount of worth. I believe you have to make a complete list of everything that's been done to it first.
i used hagerty on my 79 camaro, 71 cutlass and now the capri.. only paid 98 a month on the 2 GM's (at separate times) and i pay more for the capri.. i had to get it appraised and i'm paying 213 a month for 8 months on a 1 year policy, because of the 'extremity' of the modifications to the drivetrane and the 'estimated' amount of miles i drive a year
x2! they don't like to here that very much
it also helps if you have receipts or any documentation for a good deal of your mods
I have State farm car ins. They offer classic ins. Since I already had them I went ahead and switched my Bird to it and I was able to set the value on it. I think I've had it on it for 7 years now and when I got it I told them I wanted it valued at $15,000. They had to submit it to the company and it was approved. So I've got full coverage on it, I've had to replace the windshield a couple of years ago and they covered it without a problem.
I forgot to mention they did say no racing.
We have had our Cougar appraised at a value of $10,000 and given a copy to the Insurance company for their records. :poke:
D & P ;)
Keep in mind that State Farm is
stated value insurance and Haggerty is
agreed value insurance. Big difference if you ever have to file a claim.
I found it said "Limited Driving," when I clicked on the "Do I Qualify" link in the FAQ
my policy isn't limited, that's why i pay a bit more.. but i'm paying 213 for 2 reasons.. A. i'm not limited and B. i'm under 25.. in jersey, that really bites you in the ass when it comes to insurance
I got a quote from Hagerty for $565/y. That includes $15k in guaranteed value, $0 deductible or comp and collision, 50 miles of towing, and 100k/300k liab and 100k/300k unin motorist, 100k prop damage, $1500 tools in trunk, and 5k medical. For miles I said 3,000/yr
I'm happy with that, mostly its high cause I live in the city. Also I listed primary storage as outside driveway (promised wife she can use garage this winter.. I've had it for 9 years :) LOL )
I sent the application just need to provide some pictures when I get home.
Just went on a few sites to see how much of a difference there is...
1986 Cougar, highly modified, locked garage in Ohio, agreed value of...well, high for these cars. ;)
Hagerty - $763/year
Grundy - $593/year
Heapen 15 - $958/year
American Collectors - $711/year
Meanwhile, my current insurance policy lets me drop to just fire/theft during the winter (that was $46) and add full coverage in the summer ($140).
Also, several of them have told me in the past that if I want to drive the car to work, that voids the policy. F that.
For me, it's not worth moving to any other company.
But if I were in a state with high insurance rates to begin with (read: East Coast) then this may be a cheaper option for you.
Definitely shop around and also don't be afraid to call them, as they may be able to do better over the phone.
Cool thanks for the info, I'll try Grundy tomorrow and maybe get a better price between them and Hagerty
i hate living in jersey and being under 25..
I got my callback from hagerty already, they require the car to be parked in a secure garage. So I guess if it's not in the garage and gets stolen from my driveway I'm not covered? They only require a picture of the car in the garage that it will be kept in. I also read that the car cannot be used for going to the store etc.. So if it gets stolen from a parking lot that isn't part of some car event or show than I guess I'm not covered there either. I'm going to call them back tomorrow and see if I can figure this out.
I wonder if I'm better of keeping my current insurance and just install a good 2-way alarm and a series of kill switches throughout the car.
i don't recall anything about not being covered if my car gets stolen from a lot that's not holding some sort of event
but i would ask your insurance company if they have some sort of specialty car coverage
Make a device like the Interceptor had in Mad Max :evilgrin: