Hagerty Insurance - Page 2 - Camaro5 Chevy Camaro Forum / Camaro ZL1, SS and V6 Forums

ariZona28 · 09-03-2022, 02:21 AM

I've got 3 vehicles insured with Grundy. Agreed value, no mileage restrictions. I've never had to make a claim but they've been very efficient cashing my checks for the last 20 years.

Danial · 09-03-2022, 03:03 AM

Will either of these insurance companies (Hagerty/American Collectors) insure a vehicle you still owe money on? Will finance companies accept it as coverage? I fully expect to put less than a thousand miles a year on my second Camaro. I hate to pay full price for insurance on a vehicle that's not driven much. Years ago Farmers had a storage coverage but I can't get that on a vehicle that is financed anymore.

RupertPupkin · 09-03-2022, 06:52 AM

So the part that says how many miles will this car be driven, 3k is the threshold. I just put 50k/100k for coverage. I think that's still overkill... just trying to make a dollar out of 15 cents here. Lol

Quote:

Originally Posted by Danial

Will either of these insurance companies (Hagerty/American Collectors) insure a vehicle you still owe money on? Will finance companies accept it as coverage? I fully expect to put less than a thousand miles a year on my second Camaro. I hate to pay full price for insurance on a vehicle that's not driven much. Years ago Farmers had a storage coverage but I can't get that on a vehicle that is financed anymore.

Anything financed you need full coverage. It's to protect the finance companies assets. Considering you're declaring your own value on the car, I'm sure it'll be acceptable.. I remember I had farmers a couple of years back and I was able to put storage insurance on my vette and Camaro. Both cars still had payments. It was their mistake not mine. Lol

Mr_Draco · 09-03-2022, 09:04 AM

Quote:

Originally Posted by RupertPupkin

Oh nice... only thing that sucks is that they don't do winter storage, which State Farm will only charge me 9$. At the same time State a farm doesn't cover the modifications.

Must vary on agent cause my State Farm agent does cover most mods at no charge (won't cover engine mods like cams and FI) as long as I keep receipts.

RupertPupkin · 09-03-2022, 09:30 AM

Quote:

Originally Posted by Mr_Draco

Must vary on agent cause my State Farm agent does cover most mods at no charge (won't cover engine mods like cams and FI) as long as I keep receipts.

Everything on my end is oem. Only thing aftermarket exterior wise are my ZL1 rockers, ZL1 addons splitter, z28 spoiler. Those are inexpensive. . My main concern would be the S/C and engine/trans.

morepowerjoe · 09-03-2022, 09:39 AM

Yeah Geico has a separate category for each thing like suspension, engine, transmission, exterior mods and etcetera. After you do the first list with the agent you can then manage your parts value online.

Joe.G · 09-03-2022, 01:19 PM

I called American Collectors today, lady wasn't the nicest ( always have great people when I called hagerty ). She said absolutely no racing and she was wondering why I thought I needed specialty insurance, she even said did I really think mine would be collectable one day. Any way they were $100 more than Hagerty, I'll be staying with Hagerty.

Danial · 09-03-2022, 01:24 PM

Quote:

Originally Posted by RupertPupkin

Anything financed you need full coverage. It's to protect the finance companies assets. Considering you're declaring your own value on the car, I'm sure it'll be acceptable.. I remember I had farmers a couple of years back and I was able to put storage insurance on my vette and Camaro. Both cars still had payments. It was their mistake not mine. Lol

Yes, obviously...grin...
And regardless of what I declare, it's what's owed on the car that matters to the finance company.
But Farmers doesn't do storage anymore. At least not here. I've had them since the 1980s.

Aqua Blue RS/SS · 09-03-2022, 05:31 PM

Quote:

Originally Posted by Danial

Will either of these insurance companies (Hagerty/American Collectors) insure a vehicle you still owe money on? Will finance companies accept it as coverage? I fully expect to put less than a thousand miles a year on my second Camaro. I hate to pay full price for insurance on a vehicle that's not driven much. Years ago Farmers had a storage coverage but I can't get that on a vehicle that is financed anymore.

Neither of those two things have been an issue. My local credit union who financed both of my cars had no problem with Hagerty, and Hagerty has no problem with my credit union.

chef-beavis · 09-03-2022, 08:31 PM

After reading this, I got a Haggerty quote. I will be switching from American Family in the spring. Same $ per year to drive whenever I want as I paid for storage this year and only 2 months of driving coverage.

TheFlyingBananaSS · 09-03-2022, 08:31 PM

Keep in mind these guys DO look at your social media. If they see racing or anything else they deem to be policy breaking they will cancel you. I've seen it happen.

Simple solution is don't use your name as a user name on any message boards. And don't register with your real name.

Danial · 09-03-2022, 09:41 PM

Quote:

Originally Posted by Aqua Blue RS/SS

Neither of those two things have been an issue. My local credit union who financed both of my cars had no problem with Hagerty, and Hagerty has no problem with my credit union.

That's good to know. I assume you saved money by using Hagerty versus a regular insurer?

RupertPupkin · 09-03-2022, 10:14 PM

For the guys and gals and everything in between that has hagerty etc.,what $$ amount do you guys cover the car for and monthly. If you want to add the coverage amounts that's kool too. I know it'll vary state to state, age, etc.

Aqua Blue RS/SS · 09-03-2022, 10:52 PM

Quote:

Originally Posted by Danial

That's good to know. I assume you saved money by using Hagerty versus a regular insurer?

Hell yea I did, knocked my monthly insurance bill with geico almost in half.

Quote:

Originally Posted by RupertPupkin

For the guys and gals and everything in between that has hagerty etc.,what $$ amount do you guys cover the car for and monthly. If you want to add the coverage amounts that's kool too. I know it'll vary state to state, age, etc.

40,000 on the Camaro, 15,000 on the ‘72 K20, guaranteed payout. (Hagerty has notified me a couple times that I should up the payout on the 72 as it’s likely under valued currently but I haven’t done it yet. 67-72 Chevy trucks are stupid over priced these days) Monthly is like $87. I don’t remember the coverage amounts and fine details of the policy off hand but I believe the the total premium is right around 1K a year total- with coverage amounts higher than the minimum NM requires. The deductible is $250 if I remember right. Seems pretty fair to me.

09-03-2022, 02:21 AM	#15
ariZona28 Give speed a chance Drives: 2015 Camaro 2LS, 2015 Camaro Z/28 Join Date: Nov 2019 Location: Mesa, Az Posts: 2,857	I've got 3 vehicles insured with Grundy. Agreed value, no mileage restrictions. I've never had to make a claim but they've been very efficient cashing my checks for the last 20 years. __________________ 2LS: a TREMENDOUS machine. Z/28: it's a BIT MORE POWERFUL, of course.

09-03-2022, 09:39 AM	#20
morepowerjoe Drives: 2012 Chevrolet Camaro l99 Join Date: Aug 2020 Location: Austin, TX Posts: 2,232	Yeah Geico has a separate category for each thing like suspension, engine, transmission, exterior mods and etcetera. After you do the first list with the agent you can then manage your parts value online. __________________ DSS Pistons, Eagle ESP L19 Rods, ARP Head and Main Studs, TSP PRC CNC Ported Heads milled .030, Cometic .040 Head Gaskets, GPI SS3 VVT Camshaft, GM Racing Lifters, CHE Trunnions, Melling 10355HV Oil Pump, Cold Air Inductions CAI, Fast LSXR Intake Manifold, Nick Williams 103 TB, TSP Longtubes, ZL1 Fuel Pump, Mishimoto Radiator and Oil Cooler, 3600 Circle D Converter, Tru Cool 40k Tranny Cooler, Fluid Dynamics Balancer, EBC 3GD Rotors with EBC Bluestuff NDX Pads, Bilstein B6 Shocks / Struts with Eibach ZL1 Drop Springs Build Thread https://www.camaro5.com/forums/showthread.php?t=609817

09-03-2022, 01:19 PM	#21
Joe.G Drives: 2014 2SS/RS 6SP Ashen Grey Join Date: Aug 2021 Location: NY Posts: 1,856	I called American Collectors today, lady wasn't the nicest ( always have great people when I called hagerty ). She said absolutely no racing and she was wondering why I thought I needed specialty insurance, she even said did I really think mine would be collectable one day. Any way they were $100 more than Hagerty, I'll be staying with Hagerty. __________________ GM 3.91/TrueTrac OEM ZL1 Rims, 6 Piston Brakes & Side Skirts.ACST4 Splitter/Deflectors NPP M2W,GM Short Throw,GPI Ported Rod Mod,BO White PTB,CAI/JRE Scoop, GC Aluminum DS,Stainless Works Ceramic LTH/HiFlo Cats, Hotckis 1" Springs & Chassis Max Brace BMR Adjustable Swaybars,Trailing Arms, Adjustable Toe Rod, LCA & Z28 UCA Bushings Hendrix Solid Cradle Bushings Pedders Radius Rod Inserts Strut tower brace, Moroso Catch Can,SCT X4 Dynosteve,Remote Clutch reservoir,Hero Smoked Tail and 3rd Brake Light, Diode Dynamic SL1 Fog Lights AeroForce Dual gauge/Autometer pillar mount. Last edited by Joe.G; 09-03-2022 at 09:37 PM.

09-03-2022, 08:31 PM	#25
TheFlyingBananaSS Evil Genius of Chevrolet Drives: 2017 Z06, 2019 XTS, 2013 SS Join Date: Feb 2017 Location: New York Posts: 3,262	Keep in mind these guys DO look at your social media. If they see racing or anything else they deem to be policy breaking they will cancel you. I've seen it happen. Simple solution is don't use your name as a user name on any message boards. And don't register with your real name. __________________ GPI SS2 VVT cam, ECS Novi 1500 supercharger, Corsa Extreme, Detroit Speed and BMR suspension, Circle D triple disc, Melling oil pump, LS2 chain tensioner, ATI 10% UD, DSX E85 kit, High Energy coils, BTR springs, LS2 Lifter trays, Titanium retainers, hardened push rods, FIC 1000 injectors, ZL1 pump, Mighty Mouse catch can, AEM gauges, Tial BOV, Richmond 3.91 gears, Custom gauge bezels, Speed Engineering headers, Stainless Works HF cats, DSX Aux pump, 710rwhp on E85.

09-03-2022, 10:14 PM	#27
RupertPupkin Drives: 2014 Camaro SS 1Le Join Date: Feb 2016 Location: IL Posts: 1,706	For the guys and gals and everything in between that has hagerty etc.,what $$ amount do you guys cover the car for and monthly. If you want to add the coverage amounts that's kool too. I know it'll vary state to state, age, etc. __________________ 2014 SS 1LE Money Pit/ Forged 402 CAM 22X/24X, .619/.617, 113 LSA/ LS9 Heads FIC 1200cc/DSX Aux Pump//McLeod RXT Clutch 730whp: 630Trq

09-03-2022, 03:03 AM	#16
Danial Drives: 2013 SS/RS, 2015 Camaro SS/RS Vert Join Date: Sep 2019 Location: Southern Nevada Posts: 2,353 View My Garage	Will either of these insurance companies (Hagerty/American Collectors) insure a vehicle you still owe money on? Will finance companies accept it as coverage? I fully expect to put less than a thousand miles a year on my second Camaro. I hate to pay full price for insurance on a vehicle that's not driven much. Years ago Farmers had a storage coverage but I can't get that on a vehicle that is financed anymore.

09-03-2022, 08:31 PM	#24
chef-beavis Drives: IOM 2013 2SS/RS, Greenie, 06 FXSTBi Join Date: Apr 2009 Location: Turd Town, WI Posts: 1,602	After reading this, I got a Haggerty quote. I will be switching from American Family in the spring. Same $ per year to drive whenever I want as I paid for storage this year and only 2 months of driving coverage.