Brought to you in part by:

Great deals on auto restoration supplies!

.


JC Whitney clearance center!

  Mustangsandmore Forums
  '64 1/2 to '73 -- The Classic Mustang
  Recommendations on Classic Car Insurance..

Post New Topic  Post A Reply
profile | register | preferences | faq | search

UBBFriend: Email This Page to Someone! next newest topic | next oldest topic
Author Topic:   Recommendations on Classic Car Insurance..
70 Pony
Gearhead

Posts: 1815
From: Glenmoore, PA, USA
Registered: Jan 2000

posted 01-23-2002 03:36 PM     Click Here to See the Profile for 70 Pony   Click Here to Email 70 Pony     Edit/Delete Message   Reply w/Quote
Opinions on some good "Classic Car" insurance companies.....looking for one that doesn't have many restrictions on mileage, night time usage, cruising (on weekdays) etc. And most important, a company that's reliable and pays off a claim without the need for a bunch of lawyers.
Been carrying my '70 on my regular policy. Rates seemed OK, but as usual are starting to climb. I'd like to do some comparison shopping. (websites would be helpful if possible)
Thanks

------------------
EDDIE D
Resto Mod '70 Sport Roof
Arrest Me Red

IP: Logged

RICKS
Gearhead

Posts: 355
From: Ocala, FL
Registered: Mar 2001

posted 01-23-2002 04:13 PM     Click Here to See the Profile for RICKS   Click Here to Email RICKS     Edit/Delete Message   Reply w/Quote
We used to have J.C. Taylor, but the "fine print" was very restrictive, such as the points you just brought up. We're now with Grundy, which I can highly recommend. Much more reasonable rates, very LITTLE fine print, and alot of freedom to drive the car. They understand that you want to drive your car places, and that you can't park the car inside the restaurant at your table with you! (sarcasm). I've never made a claim (knock on wood), but the Grundy's aren't just insurance zombies, they're bonified classic car collectors and enthusiasts themselves. I see them showing their cars at AACA events all the time, so they're not just pencil pushers. They're personally involved in our hobby. So I can't imagine a valid claim being given anything but appropriate and adequate service. www.grundy.com I've heard great things of several other companies as well, but I'm just telling you what I have 1st hand knowledge of.

IP: Logged

The Iceman
Gearhead

Posts: 2116
From: Shelton, CT
Registered: Jul 2000

posted 01-23-2002 05:12 PM     Click Here to See the Profile for The Iceman   Click Here to Email The Iceman     Edit/Delete Message   Reply w/Quote
anyone have any info on Haggerty (spelling?) Classic Car Insurance...?
restrictions etc etc

------------------
CrAzY Dan~
1965 Coupe "BeeBop" 200ci Straight "6"~2.77 3-spd w/Hurst Shifter~Pertronix Elec. Ign.~Flamethrower Coil~Flex-Fan~Clifford 6-2 Header~26" Smithys~3" chrome tips~'85 T-Bird TC buckets~'66 guages
https://mustangsandmore.com//ubb/TheIceman.html
http://www.motorcities.com/contents/01GF9250033520.html
There's Nothing Wrong With A Little Six In A Classic Mustang! ;)

IP: Logged

Dave Gibson
Moderator

Posts: 8887
From: Norfolk, Virginia, USA M&M#166 MCA#47921
Registered: Aug 99

posted 01-23-2002 05:22 PM     Click Here to See the Profile for Dave Gibson   Click Here to Email Dave Gibson     Edit/Delete Message   Reply w/Quote
OK Eddie and Dan. You asked for it so here it is. Terri and I currently have Hagerty Classic Insurance on both Mustangs. Haperty's uses the owners "Stated" value and not an apprasial. You are not restricted on what shop will do the repairs if your car is damaged. You get to chose. You CAN NOT use your classic as a daily driver. You have to have other means of transportation. We currently pay $167.00 dollars a year for full coverage on both Mustangs. For more information on Hagerty's go to www.hagerty.com or call them at 1-800-922-4050. You can also apply on-line. Hope this helps.

Dave & Terri

------------------
Poison Ivy (Dave's)
'65 Fastback Modified 289 4V, C-4, dual exhaust, styled steel wheels, rally pac, A/C
Blue Belle (Terri's)
'66 Coupe, Silver Blue Metallic, 351W 2-V, 4 speed, A/C, future sleeper.

IP: Logged

GTRocks
Gearhead

Posts: 3617
From: Lusby, MD
Registered: Jun 99

posted 01-23-2002 06:56 PM     Click Here to See the Profile for GTRocks   Click Here to Email GTRocks     Edit/Delete Message   Reply w/Quote
I also use Hagerty's. There are a few restrictions that Dave didn't mention. Your daily driver (not your classic) must be insured by an insurance company other than Hagerty's. I also believe that your classic must be garage kept. You also have to supply them with a few pictures of your car. Interestingly my rate is a bit higher than Dave's (not sure why). I have a '66 coupe that is costing me $148/yr. My stated value was $7500.

IP: Logged

SteveLaRiviere
Administrator

Posts: 42859
From: Saco, Maine
Registered: May 99

posted 01-23-2002 07:08 PM     Click Here to See the Profile for SteveLaRiviere   Click Here to Email SteveLaRiviere     Edit/Delete Message   Reply w/Quote
Here's another thread on insurance:

https://mustangsandmore.com/ubb/Forum1/HTML/004760.html

------------------

'70 Mustang Mach 1 M code 351C 4V/FMX/3.25 open
'72 Mustang Sprint Coupe 351C 4V/FMX/4.30 Trac Lok
'94 F-150 XL 5.8L/E4OD/3.55 Limited Slip
'97 Probe GTS 2.5L DOHC

MCA Member # 47773

My favorite tool is Occam's Razor

IP: Logged

7DMACH1
Gearhead

Posts: 2344
From: PHILA. PA.
Registered: Feb 2001

posted 01-23-2002 08:23 PM     Click Here to See the Profile for 7DMACH1   Click Here to Email 7DMACH1     Edit/Delete Message   Reply w/Quote
I have Parish Heacock, I have been with them for 10 years. They were the only one that would give me special insurance on my 86 Capri. I've never had a claim with them but their prices are good. http://www.parishheacock.com/ RAY

------------------
RAY . FLY THE FLAG, SHOW THE WORLD WE ARE PROUD AMERICANS!70 MACH 1 351C NOW 408 STROKER 4SPD.
86 MERCURY CAPRI 5.0 RUNS 12.86 @107 1.65 60 ft.
2001 LINCOLN LS V8 1997 MUSTANG
SHOW THE WORLD, LIGHT A CANDLE.
http://www.geocities.com/slariviere/7DMach1.html

[This message has been edited by 7DMACH1 (edited 01-23-2002).]

[This message has been edited by 7DMACH1 (edited 01-23-2002).]

IP: Logged

mellowyellow
Gearhead

Posts: 6677
From: So. Fl.
Registered: Aug 2000

posted 01-23-2002 09:50 PM     Click Here to See the Profile for mellowyellow     Edit/Delete Message   Reply w/Quote
Has anyone ever had any dealings with a co. named Zurich, and now Farmers and Zurich. Each month for some time they dominate the stolen column in Hemmings. This month the stolen's were in NY, Pa, Ca, La, and Or Met Life had 3 stolens. They are recent players in this column.

IP: Logged

RICKS
Gearhead

Posts: 355
From: Ocala, FL
Registered: Mar 2001

posted 01-24-2002 09:34 AM     Click Here to See the Profile for RICKS   Click Here to Email RICKS     Edit/Delete Message   Reply w/Quote
Hagerty is one I've always heard positive reviews on as well.

IP: Logged

70 Pony
Gearhead

Posts: 1815
From: Glenmoore, PA, USA
Registered: Jan 2000

posted 01-24-2002 11:04 AM     Click Here to See the Profile for 70 Pony   Click Here to Email 70 Pony     Edit/Delete Message   Reply w/Quote
Great Info guys....Thanks a million....
I definitely "fit" the retriction for this Hagerty......I've got 2 Daily Drivers, both with Allstate, and my '70 IS definitely garaged at all times, and I've got a million pictures and saved every receipt for the 4 million dollars I threw at this car...
Gonna check Grundy and Hagerty...those premiums you all mentioned are MORE than reasonable..and a hell of a lot less than I'm paying...
Thanks again.

------------------
EDDIE D
Resto Mod '70 Sport Roof
Arrest Me Red

IP: Logged

sigtauenus
Gearhead

Posts: 2205
From: in the RV, moving soon from SC to VA
Registered: Jun 2000

posted 01-24-2002 06:57 PM     Click Here to See the Profile for sigtauenus   Click Here to Email sigtauenus     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by Dave Gibson:
You CAN NOT use your classic as a daily driver. You have to have other means of transportation.

Dave & Terri


So, if my wife has the pathfinder and I have my truck for daily drivers, does that mean I can still ocassionally drive the mustang to work? Are they dead set on a garage or does a carport count?

IP: Logged

John Holloway
Gearhead

Posts: 840
From: Romeoville Illinois
Registered: Jul 2000

posted 01-24-2002 07:07 PM     Click Here to See the Profile for John Holloway   Click Here to Email John Holloway     Edit/Delete Message   Reply w/Quote
Does AnyOne know where I can find Someone who will Insure Pro Street Cars

IP: Logged

bgseib
Gearhead

Posts: 109
From: Tyler, TX, USA
Registered: Dec 2001

posted 01-24-2002 07:16 PM     Click Here to See the Profile for bgseib   Click Here to Email bgseib     Edit/Delete Message   Reply w/Quote
Just got off the phone with them today and they gave me the lowdown and sent me the contracts.... You have to have other vehicles for day to day drivers, but you can drive your classic to work on occasion, but not all the time... They ask what an average mileage would be (couple hundred, couple thousand, etc) They really seem to be on the up and up.. I told them that I have 65 fastback slightly modified with a value of 12K and they quoted 207/yr.....

Hope that helps..
BS

IP: Logged

7DMACH1
Gearhead

Posts: 2344
From: PHILA. PA.
Registered: Feb 2001

posted 01-24-2002 07:27 PM     Click Here to See the Profile for 7DMACH1   Click Here to Email 7DMACH1     Edit/Delete Message   Reply w/Quote
John, Parish Heacock insures Pro Street Cars and even Race Cars. www.parishheacock.com RAY

------------------
RAY . FLY THE FLAG, SHOW THE WORLD WE ARE PROUD AMERICANS!70 MACH 1 351C NOW 408 STROKER 4SPD.
86 MERCURY CAPRI 5.0 RUNS 12.86 @107 1.65 60 ft.
2001 LINCOLN LS V8 1997 MUSTANG
SHOW THE WORLD, LIGHT A CANDLE.
http://www.geocities.com/slariviere/7DMach1.html

IP: Logged

John Holloway
Gearhead

Posts: 840
From: Romeoville Illinois
Registered: Jul 2000

posted 01-24-2002 07:42 PM     Click Here to See the Profile for John Holloway   Click Here to Email John Holloway     Edit/Delete Message   Reply w/Quote
Thanks Ray,I will give them a try.

IP: Logged

70 Pony
Gearhead

Posts: 1815
From: Glenmoore, PA, USA
Registered: Jan 2000

posted 01-24-2002 07:48 PM     Click Here to See the Profile for 70 Pony   Click Here to Email 70 Pony     Edit/Delete Message   Reply w/Quote
Hey BS...who'd you get off the phone with....???HAGERTY ???

------------------
EDDIE D
Resto Mod '70 Sport Roof
Arrest Me Red

IP: Logged

mellowyellow
Gearhead

Posts: 6677
From: So. Fl.
Registered: Aug 2000

posted 01-24-2002 09:35 PM     Click Here to See the Profile for mellowyellow     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by sigtauenus:
So, if my wife has the pathfinder and I have my truck for daily drivers, does that mean I can still ocassionally drive the mustang to work? Are they dead set on a garage or does a carport count?

No carports for about all of them. They want their insured in a garage. I know that Hagerty does.

IP: Logged

sigtauenus
Gearhead

Posts: 2205
From: in the RV, moving soon from SC to VA
Registered: Jun 2000

posted 01-24-2002 10:41 PM     Click Here to See the Profile for sigtauenus   Click Here to Email sigtauenus     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by mellowyellow:
No carports for about all of them. They want their insured in a garage. I know that Hagerty does.

NEWMAN!!!!

IP: Logged

bgseib
Gearhead

Posts: 109
From: Tyler, TX, USA
Registered: Dec 2001

posted 01-24-2002 10:52 PM     Click Here to See the Profile for bgseib   Click Here to Email bgseib     Edit/Delete Message   Reply w/Quote
Sorry 70 Pony - I was talking about hagerty. They also stipulate that the insured classic has to be kept in a garage, and they ask you to id all other cars to prove you have daily drivers.. but all in all they seem good - I wish someone here has put a claim against them so we would know both sides of the equation...??
BS

IP: Logged

Dave Gibson
Moderator

Posts: 8887
From: Norfolk, Virginia, USA M&M#166 MCA#47921
Registered: Aug 99

posted 01-25-2002 06:46 AM     Click Here to See the Profile for Dave Gibson   Click Here to Email Dave Gibson     Edit/Delete Message   Reply w/Quote
BS,
One of our local Mustang Club members, who have Hagertys insurance, was involved in a minor traffic accident. They filed a claim with Hagertys to get the right rear quarter panel repaired/replaced. They didn't have any problems and were able to pick the repair shop that made the repairs. They had nothing but praise for Hagertys.

Dave & Terri

------------------
Poison Ivy (Dave's)
'65 Fastback Modified 289 4V, C-4, dual exhaust, styled steel wheels, rally pac, A/C
Blue Belle (Terri's)
'66 Coupe, Silver Blue Metallic, 351W 2-V, 4 speed, A/C, future sleeper.

IP: Logged

mellowyellow
Gearhead

Posts: 6677
From: So. Fl.
Registered: Aug 2000

posted 01-25-2002 08:17 AM     Click Here to See the Profile for mellowyellow     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by sigtauenus:
NEWMAN!!!!

I don't think Alfred E. has a Mustang!!! Think he drives a rice car!!!!

IP: Logged

SteveLaRiviere
Administrator

Posts: 42859
From: Saco, Maine
Registered: May 99

posted 01-25-2002 09:03 AM     Click Here to See the Profile for SteveLaRiviere   Click Here to Email SteveLaRiviere     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by mellowyellow:
No carports for about all of them. They want their insured in a garage. I know that Hagerty does.

I imagine that must really cut down on the vandalism and theft claims.

------------------

'70 Mustang Mach 1 M code 351C 4V/FMX/3.25 open
'72 Mustang Sprint Coupe 351C 4V/FMX/4.30 Trac Lok
'94 F-150 XL 5.8L/E4OD/3.55 Limited Slip
'97 Probe GTS 2.5L DOHC

MCA Member # 47773

My favorite tool is Occam's Razor

IP: Logged

The Buckmaster
Gearhead

Posts: 158
From: Summerfield Oh USA
Registered: Nov 99

posted 01-25-2002 08:21 PM     Click Here to See the Profile for The Buckmaster   Click Here to Email The Buckmaster     Edit/Delete Message   Reply w/Quote
A friend of mine is an agent for Hagerty.My coupe only cost me $100 a year for $9,000 of value.That is less than on my regular policy.

IP: Logged

Fastymz
Moderator

Posts: 18590
From: Reno Nv USA MEM#1240
Registered: Apr 2001

posted 01-25-2002 08:32 PM     Click Here to See the Profile for Fastymz   Click Here to Email Fastymz     Edit/Delete Message   Reply w/Quote
How about a car like mine.I know there is no other car like my car.
Mines not stock,and not a race,OR pro street car.What would I tell Hagerty is the value of my car.And do you tell them what mods you have too.I have used state farm since I was 16yrs old.They are high priced,I pay about $250.a year and thats not full coverage.

SCOOP

------------------
65 coupe,351w,RPM intake,Carter625,shorty headers,2.5 exhaust, Flowmasters,C4,open 8" 2:80,Big Boss 429 hood scoop,Crager SS,Black Suede.
MEM#1240

https://mustangsandmore.com/ubb/Fastymz.html

IP: Logged

Dave Gibson
Moderator

Posts: 8887
From: Norfolk, Virginia, USA M&M#166 MCA#47921
Registered: Aug 99

posted 01-25-2002 11:41 PM     Click Here to See the Profile for Dave Gibson   Click Here to Email Dave Gibson     Edit/Delete Message   Reply w/Quote
Scoop,
Tell them that the engine is modified and that it has x amount of horse power. Also tell them that it is not a race car and that it is not a daily driver. As far as value is concerned, it is your stated value. Be realalistic about the value. The higher your value, the higher the annual cost. Hagertys will want photo's of your Mustang including the engine. Check out the web site. Hagertys does have a policy estimate section.

Dave & Terri

------------------
Poison Ivy (Dave's)
'65 Fastback Modified 289 4V, C-4, dual exhaust, styled steel wheels, rally pac, A/C
Blue Belle (Terri's)
'66 Coupe, Silver Blue Metallic, 351W 2-V, 4 speed, A/C, future sleeper.

IP: Logged

Fastymz
Moderator

Posts: 18590
From: Reno Nv USA MEM#1240
Registered: Apr 2001

posted 01-26-2002 01:52 PM     Click Here to See the Profile for Fastymz   Click Here to Email Fastymz     Edit/Delete Message   Reply w/Quote
Thanks Dave,the prices are way lower then State farm.That always makes my worry alittle,when one can do the same thing for so much less.
Hey you were up really late typing that.

SCOOP

------------------
65 coupe,351w,RPM intake,Carter625,shorty headers,2.5 exhaust, Flowmasters,C4,open 8" 2:80,Big Boss 429 hood scoop,Crager SS,Black Suede.
MEM#1240

https://mustangsandmore.com/ubb/Fastymz.html

IP: Logged

Dave Gibson
Moderator

Posts: 8887
From: Norfolk, Virginia, USA M&M#166 MCA#47921
Registered: Aug 99

posted 01-26-2002 05:04 PM     Click Here to See the Profile for Dave Gibson   Click Here to Email Dave Gibson     Edit/Delete Message   Reply w/Quote
Scoop,
No problem. Glad to be a help.
No, I was not up late. I'm on central time and not eastern time like the post shows. LOL

Dave & Terri

------------------
Poison Ivy (Dave's)
'65 Fastback Modified 289 4V, C-4, dual exhaust, styled steel wheels, rally pac, A/C
Blue Belle (Terri's)
'66 Coupe, Silver Blue Metallic, 351W 2-V, 4 speed, A/C, future sleeper.

IP: Logged

Ken
Gearhead

Posts: 4786
From: Prospect, Ct. M&M Member No. 31 MCA Member 49299
Registered: Jun 99

posted 01-26-2002 05:45 PM     Click Here to See the Profile for Ken   Click Here to Email Ken     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by Fastymz:
How about a car like mine.I know there is no other car like my car.
Mines not stock,and not a race,OR pro street car.What would I tell Hagerty is the value of my car.And do you tell them what mods you have too. SCOOP

You can tell them any value you want to but if its real high I'm sure they're going to want an appraisal....but I would imagine just your "SCOOP" alone should be valued at about $30,000 !!!

------------------
Conciousness - that annoying time between naps.

Ken
1965 Springtime Yellow Coupe
302GT40-4spd
Edlebrock RPM Air Gap
670cfm Holley Street Avenger
and much, much MORE !!!
My-Photo-Page

IP: Logged

mellowyellow
Gearhead

Posts: 6677
From: So. Fl.
Registered: Aug 2000

posted 01-26-2002 06:00 PM     Click Here to See the Profile for mellowyellow     Edit/Delete Message   Reply w/Quote
Having a certified appraisal for a given figure doesn't mean you won't get an initial lowball figure if car is complete loss. I think they all do it. Part of doing business, unfortunately.

IP: Logged

71RESTO
Gearhead

Posts: 1320
From: Oregon, USA
Registered: Oct 2000

posted 01-26-2002 07:26 PM     Click Here to See the Profile for 71RESTO   Click Here to Email 71RESTO     Edit/Delete Message   Reply w/Quote
Hagerty is the best!!! IMHO
Use them for my '71 and '73 and combined I pay $108/year. Haven't had to file a claim yet, but a fellow club member did (just like Dave Gibson) and he was covered in full with no questions asked at any shop he chose (without having to get three quotes).
Also, no mileage restrictions or time useage. One outfit I checked into would only cover during club sponsored events (you had to belong to a club), only on club meeting nights and would only let you have 1500 miles/year. Hagerty lets you drive your car and enjoy it, as long as you have it garaged and another daily driver to use.

------------------
Duane
71 Fastback (his) under resto (351C-4V C6 auto)
73 Mach 1 (hers) (351CJ 4 speed)
66 289/2V coupe (daughter Ashley's)
89 LX 2.3 convertible (daughter Amanda's)
M & M Member #730

IP: Logged

Fastymz
Moderator

Posts: 18590
From: Reno Nv USA MEM#1240
Registered: Apr 2001

posted 01-26-2002 07:47 PM     Click Here to See the Profile for Fastymz   Click Here to Email Fastymz     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by Ken:
You can tell them any value you want to but if its real high I'm sure they're going to want an appraisal....but I would imagine just your "SCOOP" alone should be valued at about $30,000 !!!



Always picking on the SCOOP.


SCOOP.

------------------
65 coupe,351w,RPM intake,Carter625,shorty headers,2.5 exhaust, Flowmasters,C4,open 8" 2:80,Big Boss 429 hood scoop,Crager SS,Black Suede.
MEM#1240

https://mustangsandmore.com/ubb/Fastymz.html

IP: Logged

7DMACH1
Gearhead

Posts: 2344
From: PHILA. PA.
Registered: Feb 2001

posted 01-26-2002 09:22 PM     Click Here to See the Profile for 7DMACH1   Click Here to Email 7DMACH1     Edit/Delete Message   Reply w/Quote
I had both my cars appraised. The 70 Mach appraised for $18,800.00 and the 86 Capri appraised for $17,100.00. That's the value they are insured for and the cost is $830.00 per year, living it the city of Phila. GO
EAGLES
RAY

------------------
THE CAPRI IS FOR SALE IN THE CLASSIFIED SECTION RAY . 70 MACH 1 351C NOW 408 STROKER 4SPD.
86 MERCURY CAPRI 5.0 RUNS 12.86 @107 1.65 60 ft.
2001 LINCOLN LS V8 1997 MUSTANG
http://www.geocities.com/slariviere/7DMach1.html

[This message has been edited by 7DMACH1 (edited 01-26-2002).]

IP: Logged

PonyDoc
Journeyman

Posts: 93
From: Ft. Lauderdale
Registered: Jun 2001

posted 01-26-2002 11:44 PM     Click Here to See the Profile for PonyDoc   Click Here to Email PonyDoc     Edit/Delete Message   Reply w/Quote
I've had JC Taylor for about 10 years and have had a few claims. The basic company is Zurich. When I had a problem with an adjuster on my 65 K-GT conv. and she wanted to pay for a repro 1/4, I called the company and spoke to the "Boss" directly. Problem solved in a nano-second. The car was appraised then, for $43,800 (Concours Grand National winner) and the 1/4 HAD to be Ford. He agreed and let the appraiser know. I have had similar results on other claims. They have been great. I waited 3 years to get around to the windshield since the car was undergoing a resto and did the glass last. They reopened the claim and fixed it immediately. I have 6 cars listed and it runs around $380 for 300K coverage and NO deductable. They have never limited my mileage, just usage. When I went with Mustangs in Motion from Las Vegas to Charlotte in '99, I had to get there from Ft Lauderdale. Total mileage was 7,400 miles, but it was all for a Mustang event. The Great American Pony Drive II scheduled for 2004 will be 10,000 miles and the car is going the whole trip!

IP: Logged

70 Pony
Gearhead

Posts: 1815
From: Glenmoore, PA, USA
Registered: Jan 2000

posted 01-28-2002 11:12 AM     Click Here to See the Profile for 70 Pony   Click Here to Email 70 Pony     Edit/Delete Message   Reply w/Quote
Thease rates are really low, but by coincidence, I saw a guy from GRUNDY on a "Speedvision" show...forget which one...and he said they keep the rates low, by not insuring "Youthful" drivers...(Whatever their cut off is I don't know but at 55, no one has called me youthful in about 35 years)... and demand a garage..and they realize that "Most People" with "Collectibles" drive them very carefully, and care for them.....
Does anyone know, if a "Time Trial" or test and tune run at a "Certified track" is ALWAYS..exempted...I would imagine if the beater next to you, crosses the line and nails you..you're on your own..

------------------
EDDIE D
Resto Mod '70 Sport Roof
Arrest Me Red

IP: Logged

SteveLaRiviere
Administrator

Posts: 42859
From: Saco, Maine
Registered: May 99

posted 01-28-2002 12:14 PM     Click Here to See the Profile for SteveLaRiviere   Click Here to Email SteveLaRiviere     Edit/Delete Message   Reply w/Quote
I know on my State Farm policy in the fine print it says that the insurance coverage is not valid during any timed or competition events. So if you crash racing, you're on your own.

------------------

'70 Mustang Mach 1 M code 351C 4V/FMX/3.25 open
'72 Mustang Sprint Coupe 351C 4V/FMX/4.30 Trac Lok
'94 F-150 XL 5.8L/E4OD/3.55 Limited Slip
'97 Probe GTS 2.5L DOHC

MCA Member # 47773

Of all the things I've lost, my mind is what I miss the most.

IP: Logged

Fastymz
Moderator

Posts: 18590
From: Reno Nv USA MEM#1240
Registered: Apr 2001

posted 01-28-2002 05:14 PM     Click Here to See the Profile for Fastymz   Click Here to Email Fastymz     Edit/Delete Message   Reply w/Quote
Ok Hagerty is as much as state farm.How can they be so much less,and still give you good policy.And you guys are sure they stand behind you,if something happens.

SCOOP

------------------
65 coupe,351w,RPM intake,Carter625,shorty headers,2.5 exhaust, Flowmasters,C4,open 8" 2:80,Big Boss 429 hood scoop,Crager SS,Black Suede.
MEM#1240

https://mustangsandmore.com/ubb/Fastymz.html

[This message has been edited by Fastymz (edited 01-28-2002).]

IP: Logged

SteveLaRiviere
Administrator

Posts: 42859
From: Saco, Maine
Registered: May 99

posted 01-28-2002 05:29 PM     Click Here to See the Profile for SteveLaRiviere   Click Here to Email SteveLaRiviere     Edit/Delete Message   Reply w/Quote
By limiting your useage and making you garage the car they are reducing their risks.

------------------

'70 Mustang Mach 1 M code 351C 4V/FMX/3.25 open
'72 Mustang Sprint Coupe 351C 4V/FMX/4.30 Trac Lok
'94 F-150 XL 5.8L/E4OD/3.55 Limited Slip
'97 Probe GTS 2.5L DOHC

MCA Member # 47773

Of all the things I've lost, my mind is what I miss the most.

IP: Logged

Fastymz
Moderator

Posts: 18590
From: Reno Nv USA MEM#1240
Registered: Apr 2001

posted 01-28-2002 05:38 PM     Click Here to See the Profile for Fastymz   Click Here to Email Fastymz     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by SteveLaRiviere:
By limiting your useage and making you garage the car they are reducing their risks.


My car is the garage only already.
And how do they limit your useage.
You mean like milage limit,or what.I'd love to save the money but,if they dont pay then you have not saved a thing.

SCOOP

------------------
65 coupe,351w,RPM intake,Carter625,shorty headers,2.5 exhaust, Flowmasters,C4,open 8" 2:80,Big Boss 429 hood scoop,Crager SS,Black Suede.
MEM#1240

https://mustangsandmore.com/ubb/Fastymz.html

IP: Logged

SteveLaRiviere
Administrator

Posts: 42859
From: Saco, Maine
Registered: May 99

posted 01-28-2002 05:46 PM     Click Here to See the Profile for SteveLaRiviere   Click Here to Email SteveLaRiviere     Edit/Delete Message   Reply w/Quote
Yes, by limiting mileage.

If they didn't pay on a claim, everyone would holler. So far, the feedback we've seen here suggests the well known carriers seem to perform.

That's what great about this web site, you can usually ask someone that's been there before.

------------------

'70 Mustang Mach 1 M code 351C 4V/FMX/3.25 open
'72 Mustang Sprint Coupe 351C 4V/FMX/4.30 Trac Lok
'94 F-150 XL 5.8L/E4OD/3.55 Limited Slip
'97 Probe GTS 2.5L DOHC

MCA Member # 47773

Of all the things I've lost, my mind is what I miss the most.

IP: Logged

Dave Gibson
Moderator

Posts: 8887
From: Norfolk, Virginia, USA M&M#166 MCA#47921
Registered: Aug 99

posted 01-28-2002 06:56 PM     Click Here to See the Profile for Dave Gibson   Click Here to Email Dave Gibson     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by Fastymz:
Ok Hagerty is as much as state farm.How can they be so much less,and still give you good policy.And you guys are sure they stand behind you,if something happens.

SCOOP


Ron,
Hagerty looks at the issue this way. Most classic car owners know how much time, effort, and money they have invested in their classic. They aren't going to do anything crazy to destroy the classic. Most classic car owners are responsible adults who baby their classic. That is how Hagertys explained it to me over the phone. Check out their web site. I'm sure they explain it there better than I.

Dave & Terri

------------------
Poison Ivy (Dave's)
'65 Fastback Modified 289 4V, C-4, dual exhaust, styled steel wheels, rally pac, A/C
Blue Belle (Terri's)
'66 Coupe, Silver Blue Metallic, 351W 2-V, 4 speed, A/C, future sleeper.

IP: Logged

Fastymz
Moderator

Posts: 18590
From: Reno Nv USA MEM#1240
Registered: Apr 2001

posted 01-28-2002 07:48 PM     Click Here to See the Profile for Fastymz   Click Here to Email Fastymz     Edit/Delete Message   Reply w/Quote
Thanks Dave,and Steve,
I will look into it.And I think I'll give them a try.
I'm all about saving money,just not sure about things that sound to go to be ture.

SCOOP

------------------
65 coupe,351w,RPM intake,Carter625,shorty headers,2.5 exhaust, Flowmasters,C4,open 8" 2:80,Big Boss 429 hood scoop,Crager SS,Black Suede.
MEM#1240

https://mustangsandmore.com/ubb/Fastymz.html

IP: Logged

SteveLaRiviere
Administrator

Posts: 42859
From: Saco, Maine
Registered: May 99

posted 01-29-2002 09:09 AM     Click Here to See the Profile for SteveLaRiviere   Click Here to Email SteveLaRiviere     Edit/Delete Message   Reply w/Quote
Me too. I have yet to hear of anybody having a problem with collector policies. {Unlike regular insurance policies}

------------------

'70 Mustang Mach 1 M code 351C 4V/FMX/3.25 open
'72 Mustang Sprint Coupe 351C 4V/FMX/4.30 Trac Lok
'94 F-150 XL 5.8L/E4OD/3.55 Limited Slip
'97 Probe GTS 2.5L DOHC

MCA Member # 47773

Of all the things I've lost, my mind is what I miss the most.

IP: Logged

Fastymz
Moderator

Posts: 18590
From: Reno Nv USA MEM#1240
Registered: Apr 2001

posted 01-29-2002 04:33 PM     Click Here to See the Profile for Fastymz   Click Here to Email Fastymz     Edit/Delete Message   Reply w/Quote
Dose this sound about right for my car,agreed value of $6500.Or is it to high or to low.

Thanks SCOOP...

------------------
65 coupe,351w,RPM intake,Carter625,shorty headers,2.5 exhaust, Flowmasters,C4,open 8" 2:80,Big Boss 429 hood scoop,Crager SS,Black Suede.
MEM#1240

https://mustangsandmore.com/ubb/Fastymz.html

IP: Logged

Dave Gibson
Moderator

Posts: 8887
From: Norfolk, Virginia, USA M&M#166 MCA#47921
Registered: Aug 99

posted 01-29-2002 04:59 PM     Click Here to See the Profile for Dave Gibson   Click Here to Email Dave Gibson     Edit/Delete Message   Reply w/Quote
Scoop,
Stop and take a look at all the things you have done to your Mustang. Start with how much you paid for your Stang, what you have done to it or had done to improve it. Then think about how much it would cost you to have all that work repaired at todays market value. Just some things to think about.

Dave & Terri

------------------
Poison Ivy (Dave's)
'65 Fastback Modified 289 4V, C-4, dual exhaust, styled steel wheels, rally pac, A/C
Blue Belle (Terri's)
'66 Coupe, Silver Blue Metallic, 351W 2-V, 4 speed, A/C, future sleeper.

[This message has been edited by Dave Gibson (edited 01-29-2002).]

IP: Logged

Fastymz
Moderator

Posts: 18590
From: Reno Nv USA MEM#1240
Registered: Apr 2001

posted 01-29-2002 05:06 PM     Click Here to See the Profile for Fastymz   Click Here to Email Fastymz     Edit/Delete Message   Reply w/Quote
Dave,then whats your take on it.I have about $3000,in to it right now.I do have many many hours of work too.So I would say twice plus alittle of price I have in it should be about right.
Please give me your opinion.


SCOOP.

------------------
65 coupe,351w,RPM intake,Carter625,shorty headers,2.5 exhaust, Flowmasters,C4,open 8" 2:80,Big Boss 429 hood scoop,Crager SS,Black Suede.
MEM#1240

https://mustangsandmore.com/ubb/Fastymz.html

IP: Logged

mellowyellow
Gearhead

Posts: 6677
From: So. Fl.
Registered: Aug 2000

posted 01-29-2002 06:14 PM     Click Here to See the Profile for mellowyellow     Edit/Delete Message   Reply w/Quote
If one keeps a folder, drawer, container etc for ALL the receipts gathered during a restoration, amazement will be an understatement.

IP: Logged

SteveLaRiviere
Administrator

Posts: 42859
From: Saco, Maine
Registered: May 99

posted 01-29-2002 08:08 PM     Click Here to See the Profile for SteveLaRiviere   Click Here to Email SteveLaRiviere     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by Fastymz:
Dose this sound about right for my car,agreed value of $6500.Or is it to high or to low.

Thanks SCOOP...


Scoop, you may want to check out these price estimating guides on Hemmings:

http://www.hemmings.com/hemmings/searches/price_checker/whatworth.cfm

------------------

'70 Mustang Mach 1 M code 351C 4V/FMX/3.25 open
'72 Mustang Sprint Coupe 351C 4V/FMX/4.30 Trac Lok
'94 F-150 XL 5.8L/E4OD/3.55 Limited Slip
'97 Probe GTS 2.5L DOHC

MCA Member # 47773

Of all the things I've lost, my mind is what I miss the most.

IP: Logged

Fastymz
Moderator

Posts: 18590
From: Reno Nv USA MEM#1240
Registered: Apr 2001

posted 01-29-2002 11:47 PM     Click Here to See the Profile for Fastymz   Click Here to Email Fastymz     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by mellowyellow:
If one keeps a folder, drawer, container etc for ALL the receipts gathered during a restoration, amazement will be an understatement.

Pete,I really do have ALL the receipts.1 can of oil to my new trans.I have every thing I've done to the car writen down too.
Not sure why I just like to read the log sometimes.

SCOOP

------------------
65 coupe,351w,RPM intake,Carter625,shorty headers,2.5 exhaust, Flowmasters,C4,open 8" 2:80,Big Boss 429 hood scoop,Crager SS,Black Suede.
MEM#1240

https://mustangsandmore.com/ubb/Fastymz.html

IP: Logged

Fastymz
Moderator

Posts: 18590
From: Reno Nv USA MEM#1240
Registered: Apr 2001

posted 01-30-2002 12:03 AM     Click Here to See the Profile for Fastymz   Click Here to Email Fastymz     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by SteveLaRiviere:
Scoop, you may want to check out these price estimating guides on Hemmings:

http://www.hemmings.com/hemmings/searches/price_checker/whatworth.cfm


Steve thanks lot of good info there.

I still dont know what it's worth.Alittle help guys,is it not realistic the price of $6500.Or is it more like $3000.I see some good stabgs for sale around here for $3-$4000.
My car is not a beater,but not in good contintion either.Some where between to the to.You guys give me your honest input on the price range please.I'm really lost on this one.Manly because it's modified,and far from restorable.It runs and drives good but needs some new body panels to replace all the bondo.
The inside of the car is not much better.
I think I could get $3000-4000.

SCOOP

------------------
65 coupe,351w,RPM intake,Carter625,shorty headers,2.5 exhaust, Flowmasters,C4,open 8" 2:80,Big Boss 429 hood scoop,Crager SS,Black Suede.
MEM#1240

https://mustangsandmore.com/ubb/Fastymz.html

IP: Logged

Dave Witthoeft
Gearhead

Posts: 2237
From: IL.
Registered: Dec 2000

posted 01-30-2002 04:35 AM     Click Here to See the Profile for Dave Witthoeft   Click Here to Email Dave Witthoeft     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by Fastymz:
Steve thanks lot of good info there.

I still dont know what it's worth.Alittle help guys,is it not realistic the price of $6500.Or is it more like $3000.I see some good stabgs for sale around here for $3-$4000.
My car is not a beater,but not in good contintion either.Some where between to the to.You guys give me your honest input on the price range please.I'm really lost on this one.Manly because it's modified,and far from restorable.It runs and drives good but needs some new body panels to replace all the bondo.
The inside of the car is not much better.
I think I could get $3000-4000.

SCOOP


If you took your car "Finished", and worked backwards, kept subtracting untill you got to the point your car is at now, Would that put you in the ballpark of the number you are looking for? Just a thought.

IP: Logged

70 Pony
Gearhead

Posts: 1815
From: Glenmoore, PA, USA
Registered: Jan 2000

posted 01-30-2002 09:12 AM     Click Here to See the Profile for 70 Pony   Click Here to Email 70 Pony     Edit/Delete Message   Reply w/Quote
SCOOP.......If you think your car is worth 6 or 6 1/2 grand...insure it for that...I'll bet the difference between a $3000 value and a $6500 value, is just a few bucks, premium wise......
I believe a car's true worth is what someone is willing to pay for it...period......
I would never sell my car for what it is "worth"..
And in this hobby, unless you have something rare and restored back to complete originality, I think we'd all admit, we have more $$ into our cars than they are worth..

------------------
EDDIE D
Resto Mod '70 Sport Roof
Arrest Me Red

IP: Logged

Dave Gibson
Moderator

Posts: 8887
From: Norfolk, Virginia, USA M&M#166 MCA#47921
Registered: Aug 99

posted 01-30-2002 05:00 PM     Click Here to See the Profile for Dave Gibson   Click Here to Email Dave Gibson     Edit/Delete Message   Reply w/Quote
Scoop,
Go with the $6,500.00 if that is what you are comfortable with. It is your Mustang and you value it more than anyone else.

Dave & Terri

------------------
Poison Ivy (Dave's)
'65 Fastback Modified 289 4V, C-4, dual exhaust, styled steel wheels, rally pac, A/C
Blue Belle (Terri's)
'66 Coupe, Silver Blue Metallic, 351W 2-V, 4 speed, A/C, future sleeper.

IP: Logged

Ken
Gearhead

Posts: 4786
From: Prospect, Ct. M&M Member No. 31 MCA Member 49299
Registered: Jun 99

posted 01-30-2002 06:52 PM     Click Here to See the Profile for Ken   Click Here to Email Ken     Edit/Delete Message   Reply w/Quote
Scoop, I think when I insured my car through Haggerty's it was only something like an extra $7 per extra thousand insured !!!

------------------
Conciousness - that annoying time between naps.

Ken
1965 Springtime Yellow Coupe
302GT40-4spd
Edlebrock RPM Air Gap
670cfm Holley Street Avenger
and much, much MORE !!!
My-Photo-Page

IP: Logged

Fastymz
Moderator

Posts: 18590
From: Reno Nv USA MEM#1240
Registered: Apr 2001

posted 01-30-2002 09:07 PM     Click Here to See the Profile for Fastymz   Click Here to Email Fastymz     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by Dave Gibson:
Scoop,
Go with the $6,500.00 if that is what you are comfortable with. It is your Mustang and you value it more than anyone else.

Dave & Terri


Dave I'm not trying to beat a dead horse here.But I just dont understand your point here.Do you think my car is worth more or less then the $6500.I'm a very cheap person so to me everything is too much.
So if I'm way off please offer your help.

SCOOP

------------------
65 coupe,351w,RPM intake,Carter625,shorty headers,2.5 exhaust, Flowmasters,C4,open 8" 2:80,Big Boss 429 hood scoop,Crager SS,Black Suede.
MEM#1240

https://mustangsandmore.com/ubb/Fastymz.html

IP: Logged

Fastymz
Moderator

Posts: 18590
From: Reno Nv USA MEM#1240
Registered: Apr 2001

posted 01-30-2002 09:11 PM     Click Here to See the Profile for Fastymz   Click Here to Email Fastymz     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by Ken:
Scoop, I think when I insured my car through Haggerty's it was only something like an extra $7 per extra thousand insured !!!


Ken it's not that I'm trying to save the $7.00.I'm really not sure what my car is worth. It's not exactly a top of the line,restored mustang.
Just shoot out a dollar amount to give something to work with.

SCOOP

------------------
65 coupe,351w,RPM intake,Carter625,shorty headers,2.5 exhaust, Flowmasters,C4,open 8" 2:80,Big Boss 429 hood scoop,Crager SS,Black Suede.
MEM#1240

https://mustangsandmore.com/ubb/Fastymz.html

IP: Logged

Dave Gibson
Moderator

Posts: 8887
From: Norfolk, Virginia, USA M&M#166 MCA#47921
Registered: Aug 99

posted 01-30-2002 09:43 PM     Click Here to See the Profile for Dave Gibson   Click Here to Email Dave Gibson     Edit/Delete Message   Reply w/Quote
Scoop,
Go with the $6,500.00 value amount. When you start replacing major parts that will increase the value of your Mustang, then up the value on your policy.

Dave & Terri

------------------
Poison Ivy (Dave's)
'65 Fastback Modified 289 4V, C-4, dual exhaust, styled steel wheels, rally pac, A/C
Blue Belle (Terri's)
'66 Coupe, Silver Blue Metallic, 351W 2-V, 4 speed, A/C, future sleeper.

IP: Logged

MrWesson22
Gearhead

Posts: 1280
From: Dacula, GA
Registered: Sep 2000

posted 01-30-2002 10:01 PM     Click Here to See the Profile for MrWesson22   Click Here to Email MrWesson22     Edit/Delete Message   Reply w/Quote
So, someone mentioned an age limit. Anyone know what that limit is? I'm 20 now, turn 21 next month. I have a pretty clean driving record - 1 ticket (3pts), 2 wrecks. One wreck was when I was 16, the other 18. I have full coverage on the 69 and currently pay $196 a month through state farm. If I could reduce that by 90%, I'm all about it!! I could list the truck as my daily driver, so I guess I'll have to wait until it's back on the road to do so, huh?

------------------
Neal
Member #723
[email protected] AIM: MrWesson22

69 Gulfstream Aqua Grande
351C/Toploader 4sp

IP: Logged

Skeeter
Gearhead

Posts: 152
From: California
Registered: Dec 2001

posted 10-03-2002 06:09 PM     Click Here to See the Profile for Skeeter   Click Here to Email Skeeter     Edit/Delete Message   Reply w/Quote
I just sent a application to Hagerty ins. for my 67 Mustang which is a street car and the told me it had to many modifications. I estimated my new 418w to have 500hp. They said that was too much. Also they did not like the idea of having a roll bar,Which i have. I have had one speeding ticket in the past 3 years. I dont think its to fair. Has anyone had any similar problems?

Thanks,
Jason

IP: Logged

65darkhorse
Gearhead

Posts: 965
From: Northern NJ
Registered: Aug 2002

posted 10-03-2002 06:21 PM     Click Here to See the Profile for 65darkhorse     Edit/Delete Message   Reply w/Quote
I also have Hegarty Insurance. The 3 things they required when I got coverage (4 years ago) was:
1.) a locked garage.
2.) pictures (even for cars in the process of being restored ~ if this is the case, they'll ask for an estimated completion date ~ at least they did for me)
3.) minimum coverage of $5,000.
In my case, it is setting me back about $50 a year for the min. coverage. Guess I'll have to up that a bit now that the car is almost drivable.

IP: Logged

Hemikiller
Gearhead

Posts: 583
From: Killingworth, CT
Registered: Feb 2002

posted 10-03-2002 06:26 PM     Click Here to See the Profile for Hemikiller   Click Here to Email Hemikiller     Edit/Delete Message   Reply w/Quote
I have had Hagerty on a couple cars, the last was a 72 T-bird, $5k stated value, cost me $78 a year. Never had any problems, guy next door (I live in an apartment) backed into it,(when I had brought it home to wash) they didn't even think twice about cutting me a $2K check....

As far as age, Hagerty told me no one under 25. Sounds reasonable, unless you are under 25. When you hit 25, you'll understand.....

BTW, I have Zero (0) accidents (14 years of driving), and clean ticket record for last 6 years, so I'm a shoo-in for low insurance rates. Pays to be defensive and consider everyone else a crappy driver. Never assume anything.......

IP: Logged

All times are ET (US)

next newest topic | next oldest topic

Administrative Options: Close Topic | Archive/Move | Delete Topic
Post New Topic  Post A Reply
Hop to:

Contact Us | Mustangsandmore Front Page

Copyright 2005, Steve LaRiviere. All Rights Reserved.


Ultimate Bulletin Board 5.47d

Amazon Honor System Click Here to Pay Learn More

[Build a free Mustangsandmore.ws Home Page!]

[Posting Pictures]

[About M&M][Acronyms][Calendar][Chat][Classifieds] [Members' Pics]

[M&M Conventions] [M&M Mug Shots]

[ Mustangsandmore.com Bookstore] [ Smokin' Fords] [Tech Articles]