Collector car insurance on a 5?

[SS_Dave]

Originally Posted by el ess A

Make darn sure whichever insurance company you use, get "agreed value" not "stated value". Agreed value is what you and the insurance company agrees to payout max on a loss. With stated value, they will pay up to "stated value" or Actual Cash Value (ACV), whichever is less. But in the meantime, if stated value is twice ACV, you'll pay a higher premium for basically nothing. Might as well just burn the extra money. If ACV is significantly less than stated value, you'll have to prove beyond a shadow of a doubt it's value is at stated value. PITA.

https://www.hagerty.com/resources/in...alue-insurance

[CAMARO_HEAVEN]

Hands down the best I have had and I have had all the big name company’s.
They even let you drive to work to show off to your coworkers.
Great easy to deal with, great prices and agreed upon value.
https://ncminsurance.com/get-a-quote...d&gad_source=1

[SummitWhite11]

I contacted Grundy today since I'm due to renew my policy with American Modern next month.. American Modern now wants to charge me $700 plus for one year. Grundy is offering me full coverage with $25k agreed value and no limit on mileage for $381 per year. I'm switching over.

[redcoats1976]

Originally Posted by SummitWhite11

Would you believe me that 3 years ago I was paying $530 for 1 year for the same coverage? Yeah that's how bad it went up down here in Florida. We are paying for the other irresponsible drivers bringing in their bad habits from their third world countries or whatever state they came from. They should be paying the higher premiums and not punishing the good drivers with excellent credit etc... Gets my blood boiling.

Thats the truth...some scary drivers here in Florida,bad habits from everywhere.So Grundy does unlimited miles as long as you can prove you have another car? Lately 5k a year is about all i drive the camaro,but it goes out on nice days and to the beach and car shows.

[SummitWhite11]

Originally Posted by redcoats1976

Thats the truth...some scary drivers here in Florida,bad habits from everywhere.So Grundy does unlimited miles as long as you can prove you have another car? Lately 5k a year is about all i drive the camaro,but it goes out on nice days and to the beach and car shows.

Yes they wanted to know what other vehicles we had with vin numbers to prove we have other vehicles for DD. I also had to show exterior, interior and engine compartment pics as well as a pic of the Camaro in the garage.The underwriter is working on it now and I should get an approval in about 1-2 days. Once it is approved I will go ahead and pay and be all set on Dec 1st.

[CamaroDreams76]

Originally Posted by SummitWhite11

Yes they wanted to know what other vehicles we had with vin numbers to prove we have other vehicles for DD. I also had to show exterior, interior and engine compartment pics as well as a pic of the Camaro in the garage.The underwriter is working on it now and I should get an approval in about 1-2 days. Once it is approved I will go ahead and pay and be all set on Dec 1st.

Grundy worldwide right?

$638 quote for an entire year, 50k value. I have travelers. My camaro is listed under pleasure and for this and a 2024 Blazer 2LT its 2900 a year.

[SummitWhite11]

Originally Posted by CamaroDreams76

Grundy worldwide right?

$638 quote for an entire year, 50k value. I have travelers. My camaro is listed under pleasure and for this and a 2024 Blazer 2LT its 2900 a year.

This is the one I called...


https://www.grundy.com/


I have a 2025 Frontier PRO-4X and a 2011 Nissan Pathfinder LE.. but insured with Progressive for around $800 per 6 months. I find that extremely high and will be shopping around soon for better insurance rates. $2900 a year for the Blazer??? Dang! That's expensive. Unless I misread you.. you are covered for both the Blazer and Camaro for $2900 a year?

[CamaroDreams76]

Originally Posted by SummitWhite11

This is the one I called...


https://www.grundy.com/


I have a 2025 Frontier PRO-4X and a 2011 Nissan Pathfinder LE.. but insured with Progressive for around $800 per 6 months. I find that extremely high and will be shopping around soon for better insurance rates. $2900 a year for the Blazer??? Dang! That's expensive. Unless I misread you.. you are covered for both the Blazer and Camaro for $2900 a year?

Cool, that's the one I used for the quote. Thank you

[Indian_Mack]

Thanks for posting this!
Full coverage on my camaro through progressive was $758 a year. Got a policy through Grundy for twice the coverage for only $435 for the year.

[SummitWhite11]

Originally Posted by Indian_Mack

Thanks for posting this!
Full coverage on my camaro through progressive was $758 a year. Got a policy through Grundy for twice the coverage for only $435 for the year.

How do you get a year worth of insurance through Progressive or any other insurance co. since they tend to renew every 6 months? Collector car insurance is once a year.

[MSgt O]

just did mine at Grundy, $538 a year with a 35K agreed value! WAY better than USAA!!

[Indian_Mack]

Originally Posted by SummitWhite11

How do you get a year worth of insurance through Progressive or any other insurance co. since they tend to renew every 6 months? Collector car insurance is once a year.

That was the total for two 6 month terms...

[SummitWhite11]

Originally Posted by Indian_Mack

That was the total for two 6 month terms...

Yes that makes sense.

[xstuntman]

Paying Grundy $290 a year with a value of $19.5k but was $460 every six with USAA.
Yeah, dropped by over two thirds!

I was surprised to see a yearly bill since Texas demands every six but I guess collector/specialty is different.