Hagerty values on the MM - wow!

[Invective]

That's interesting, I didn't remember that being in place when I last looked into them a couple years ago. Sounds like I'll have to get some new quotes and I can possibly slap the Mustang on this policy as well.

That's a thought for me as well. My Mustang is immaculate and only 30k miles - won't hurt to ask. The nearby Hagerty agent I spoke with is multi line and wants to do quotes on everything I currently have with State Farm, which is basically everything except life insurance.

[offroadkarter]

That's a thought for me as well. My Mustang is immaculate and only 30k miles - won't hurt to ask. The nearby Hagerty agent I spoke with is multi line and wants to do quotes on everything I currently have with State Farm, which is basically everything except life insurance.

Hagerty just quoted me at 2371 for the 04 marauder, m5 and mustang. Values at 20 / 20 / 35, all set to pleasure for driving. Think the Mustang and M5 were set at 1376 miles a year and the marauder at 500.

I'm going to see what Grundy comes back with as a comparison, I feel like 2300 is a bit steep.

[Blwnmerc]

I’m surprised nobody here mentions American Collectors I’ve been with them since 2007 with multiple fox new edge and s197 mustangs as well as my MM at @400yr insurance for 20000 appraised value

[Invective]

I’m surprised nobody here mentions American Collectors I’ve been with them since 2007 with multiple fox new edge and s197 mustangs as well as my MM at @400yr insurance for 20000 appraised value

JC Taylor is another name that pops up. I'm looking at: Do they write insurance in my state? Who requires the least amount of restrictions? I really don't have a 'daily driver' as I only drive when absolutely necessary.

[sspmustang]

That's a thought for me as well. My Mustang is immaculate and only 30k miles - won't hurt to ask. The nearby Hagerty agent I spoke with is multi line and wants to do quotes on everything I currently have with State Farm, which is basically everything except life insurance.

Not sure of your Mustang's year, but I have an '04 Mach1 insured with Hegarty, along with 4 other cars. No trouble at all for a newer vehicle.


It's encouraging to see those kinds of Marauder values. Perhaps the car is finally gaining some collectible status, as it should after 15/16 years.

[Merc-O-matic]

Holy smokes, Grundy is only $213/yr for $15000 agreed value.

I may have to switch.

I highly recommend you do!
My fleet is with Grundy.

[MyBlackBeasts]

JC Taylor is another name that pops up. I'm looking at: Do they write insurance in my state? Who requires the least amount of restrictions? I really don't have a 'daily driver' as I only drive when absolutely necessary.

With JCTaylor you will need a daily that is less than 20yrd old and their underwriting rules are WAY stricter than Hagerty (my company owns JCT), which is why their premiums are significantly lower - less risk. Don't bother applying.


With no DD, you won't get a collector policy, you'll have to stay with ACV coverage on a Std carrier policy.

[BUCKWHEAT]

To summarize, there are four collector car insurers: Grundy, Hagerty, American Collectors and JC Taylor. Any others?
Questions to answer:
-How much will it cost?
-Am I limited in total miles per year?
-Can I get occasional pleasure driving included?
-What other use restrictions are included?
-Must I have another car as daily driver? Can it be insured with a different Ins company?
-Do I estimate my stated value to cover modifications (in whole or in part)?
-Are they picky about my personal driving record, accident history, age, etc.

[Invective]

With JCTaylor you will need a daily that is less than 20yrd old and their underwriting rules are WAY stricter than Hagerty (my company owns JCT), which is why their premiums are significantly lower - less risk. Don't bother applying.


With no DD, you won't get a collector policy, you'll have to stay with ACV coverage on a Std carrier policy.

I've owned the Ranger the longest and declared it as my DD to Hagerty already, agent seemed to be fine with it. Will mention my Mustang the next time I sit down with her. Truth is I hardly drive anywhere anymore since retiring except for the rare family related trip. Less than 5k miles per year spread among 5 vehicles.

Before retirement, my vehicles sat parked 1-2 months at a time while I traveled the US - Canada, primarily by oversized vehicles and commercial air travel. This being the primary reason for their pitifully low odometer readings now, Marauder being the obvious exception as I purchased it after retirement.

Grundy excluded me right away (shelter), but Hagerty has been positive from the beginning, from web page to contact with agent. If anything changes I'll inform the board as all of my auto coverage renews in July. A bit disappointed SF doesn't offer similar coverages.

[Gryphonzus]

I have mine insured with Hagerty with a replacement value of $25,000. I thought they were very generous with their mileage and the prefer it in a garage and not a daily driver.

[Invective]

To summarize, there are four collector car insurers: Grundy, Hagerty, American Collectors and JC Taylor. Any others?
Questions to answer:
-How much will it cost?
-Am I limited in total miles per year?
-Can I get occasional pleasure driving included?
-What other use restrictions are included?
-Must I have another car as daily driver? Can it be insured with a different Ins company?
-Do I estimate my stated value to cover modifications (in whole or in part)?
-Are they picky about my personal driving record, accident history, age, etc.

One more very important question.


Does the insurer require that the vehicle be parked in a secure shelter?

Grundy stated 'yes' while Hagerty stated that shelter wasn't necessary here in NC as long as the car's primary residence is at least 50 miles from the coast. I also live in a sketchy zip code (Hagerty agent in same zip code!) but apparently a number of factors that matter are positive.

The only 'vehicle crimes' I'm aware of was where a local with mental issues was going through unlocked cars scrounging for change - don't recall any damage being reported or insurance claims being filed. Yeah, he still lives in the neighborhood with family - suspect his medication was modified as I never see him anymore.

[sailsmen]

For those that are not eligible for Specialty Car Insurance ask about the Value +20% endorsement.

[kirk]

I find the shelter comments about Hagerty interesting because I'm pretty sure they told me mine had to be in a heated and locked garage. May be a location issue as noted by others.

[NXSBOB]

To summarize, there are four collector car insurers: Grundy, Hagerty, American Collectors and JC Taylor. Any others?
Questions to answer:
-How much will it cost?
-Am I limited in total miles per year?
-Can I get occasional pleasure driving included?
-What other use restrictions are included?
-Must I have another car as daily driver? Can it be insured with a different Ins company?
-Do I estimate my stated value to cover modifications (in whole or in part)?
-Are they picky about my personal driving record, accident history, age, etc.

I have "American Modern" stated value that I got through the AAA insurance, which covers my other vehicle and homeowners.

[MyBlackBeasts]

One more very important question.


Does the insurer require that the vehicle be parked in a secure shelter?

Grundy stated 'yes' while Hagerty stated that shelter wasn't necessary here in NC as long as the car's primary residence is at least 50 miles from the coast. I also live in a sketchy zip code (Hagerty agent in same zip code!) but apparently a number of factors that matter are positive.

The only 'vehicle crimes' I'm aware of was where a local with mental issues was going through unlocked cars scrounging for change - don't recall any damage being reported or insurance claims being filed. Yeah, he still lives in the neighborhood with family - suspect his medication was modified as I never see him anymore.

Some do. Hagerty will allow carport or driveway parking depending on vehicle value but the rules differ by state so check with the agent or call Hagerty and speak with one of their phone agents, they are very good.