My C3 insurance sucks
12-09-2005, 05:58 PM
#21
Race Director
I have an agreed policy with State Farm and it is less than $200 per year. It does have usage limitations though, but I am always going to a show somewhere. 
12-09-2005, 06:48 PM
#23
Burning Brakes
Mines with Classic Car insurance. 271 per year, agreed value 30K, but mileage limited to 3K. 69 coupe w350, slight mods. Of course, I'm "almost" an old fart with excellent records.
I also have USAA on my other cars. I called them, and the customer service guy laughed when I told him that I wanted to insure the vette with them. Then he recommended antique insurance. P*ssd me off. If USAA wasn't so good, I would have dropped them right there.
I also have USAA on my other cars. I called them, and the customer service guy laughed when I told him that I wanted to insure the vette with them. Then he recommended antique insurance. P*ssd me off. If USAA wasn't so good, I would have dropped them right there.
12-09-2005, 07:16 PM
#24
Safety Car
restoration coverage
some may not think about this but I have my 71 vert insured for 20000.00 wile under restoration for 54.00 per year, My 81 insured for
16000.00 is 204.00 per year thru Hagerty
16000.00 is 204.00 per year thru Hagerty
12-09-2005, 07:21 PM
#25
Melting Slicks
Originally Posted by b1buddy
I have Progressive, close to the Houston area, and liability only. Total is <$300/year.
12-09-2005, 09:00 PM
#26
Safety Car
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I'm only 20 and Hagerty will insure my vette for like $800 a year with 100/300/100, no decuctibles yadda yadda. Right now I'm on mercury for $140 a month with 2 points on my record (neither were unsafe nor was I speeding).
If you have a allstate, state farm, or farmers I hope you never have to make a claim. They're complete dicks when it comes to claims due to salaried lawyers.
If you have a allstate, state farm, or farmers I hope you never have to make a claim. They're complete dicks when it comes to claims due to salaried lawyers.
12-09-2005, 09:35 PM
#27
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Originally Posted by 69monzacpe
Mines with Classic Car insurance. 271 per year, agreed value 30K, but mileage limited to 3K. 69 coupe w350, slight mods. Of course, I'm "almost" an old fart with excellent records.
I also have USAA on my other cars. I called them, and the customer service guy laughed when I told him that I wanted to insure the vette with them. Then he recommended antique insurance. P*ssd me off. If USAA wasn't so good, I would have dropped them right there.
I also have USAA on my other cars. I called them, and the customer service guy laughed when I told him that I wanted to insure the vette with them. Then he recommended antique insurance. P*ssd me off. If USAA wasn't so good, I would have dropped them right there.
12-09-2005, 09:56 PM
#28
Safety Car
Originally Posted by Avette4me
I'm using State Farm - about $500/year, no mileage, daily driver, stated value $15K..I did have to get an appraisal in writing.
12-09-2005, 11:33 PM
#31
Melting Slicks
Thread Starter
I got a quote from Grundy for $106.50/yr on the 77 & $420 for the 00. I guess that makes up my mind. I'll just use my use my mazda 626 for work & errands and keep the fun rides for just that. Oh can anyone else drive the collector cars on joy rides or is it just me that can? If I go to a show and want both vehicles can someone else drive the other vette and still be covered?
12-10-2005, 09:51 AM
#34
Melting Slicks
Dogboy,
IF your Corvette is not a daily commuter vehicle, you need to check out the insurance companies like Haggerty that insure collector cars. Yours is old enough to qualify. I live in Massachusets which has some of the highest rates around and they quoted me $300 for my 68 coupe with agreed upon value of $30K and I can drive it when I want as long as I can prove, which I did, that I have another car that is my daily commuter. They told me there are no mileage limits. Bottom line, I insured my 79 Benz and my 68 Corvette for under $700.00 and my regular company used to charge me $750.00 for the Benz alone.( I drive Benz 2-3000 miles per year and Corvette probably the same, having just restored it) Company WAS Commerce Insurance, now is going to be Haggerty for both .
You should definitely look into switching to somebody else. There are lots of collector insurnace companies out there who will be glad to take you. Shop around for price and limits.
Kurt
IF your Corvette is not a daily commuter vehicle, you need to check out the insurance companies like Haggerty that insure collector cars. Yours is old enough to qualify. I live in Massachusets which has some of the highest rates around and they quoted me $300 for my 68 coupe with agreed upon value of $30K and I can drive it when I want as long as I can prove, which I did, that I have another car that is my daily commuter. They told me there are no mileage limits. Bottom line, I insured my 79 Benz and my 68 Corvette for under $700.00 and my regular company used to charge me $750.00 for the Benz alone.( I drive Benz 2-3000 miles per year and Corvette probably the same, having just restored it) Company WAS Commerce Insurance, now is going to be Haggerty for both .
You should definitely look into switching to somebody else. There are lots of collector insurnace companies out there who will be glad to take you. Shop around for price and limits.
Kurt
12-10-2005, 10:15 AM
#35
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Originally Posted by James1970
USAA is a great company. However, I have yet to contact them to have the C3 re-appraised after refurbishment. Not sure I can convert to an AGREED VALUE policy.
James
Los Angeles
James
Los Angeles
Greg
12-10-2005, 11:30 AM
#36
Drifting
Originally Posted by TedH
AON Collector Car insures both of my Vettes for replacement values of (if recall the values correctly at time of insuring) $20,000 and $10,000 respectively for the '69 and '80. Total per year is about $275 and that includes unlimited miles as long as I can show that each driver to insure on the policy has a reliable primary vehicle.
AON covers my 72 Coupe for about $140 / year. No deduct / 300K liability / 20K replacement value !
12-10-2005, 12:06 PM
#37
CF Senile Member
Like many of the others that have posted, I have Collector car insurance for an "agreed to value" ($40K on my 63). This insurance runs about $300 per year. They have a lot of stipulations on where it is stored, miles, use, etc... It would not be a good choice if you drive your car for daily transportation. Good luck finding the right solution for your needs.
12-10-2005, 02:48 PM
#38
Originally Posted by dogboy
I just got the premium notice of $1514/yr for the 77. ($50K/100K/ with a $500 deduct.) This is on top of a multicar discount with a co that I have been with for several years. (Liberty nutual). Drivers are myself, wife, son (27 yrs old ) all with great credit & clean records. The real kick in the as* was that I just found out the loss from a theft or destruction was BOOK VALUE!. That means I get jack for it if stolen. I have a 00 C5 with them & only pay $926/yr. When I originally added the car on we spoke of a $8000 value & I was under the assumption that it was covered for that price in case of loss. ( My stupid for not getting it in writing); OMG I've been driving around with this thing & could have lost it all if it were stolen. On the phone they now have no record of such a price agreement. They told me I needed an appraisal for the value and than would add that on for an additional cost. It is a daily driver at this time so collector car insurance wouldn't work . I did get in touch with Mercury insurance & am waiting for thier price. I don't know I may just garage it and buy a 2nd car for daily transport. That will take the fun out of it for sure. This sucks.
Last edited by carl a; 12-10-2005 at 02:58 PM.
12-10-2005, 04:14 PM
#39
Heel & Toe
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I called USAA a few weeks back and they were very vague about replacement values. for a 72 i'm looking at. After talking to about 3 different people in different departments, i was told they go off of "market value" for the area. They research what the same car in the same or similar condition sold for. They said if you are making improvements that actually add value to the car (i.e. new engine, new interior) to document them and take pictures. My quote totaled $200/6 months for comprehensive and collision.
12-10-2005, 04:46 PM
#40
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Originally Posted by 68/70Vette
My anecdote is that my 1969 Corvette was insured with State Farm with a declared value of $10,000. It was stolen in 1991. Notwithstanding the policy declared value, they paid me $25,000 in 1993. I never asked to be paid more than $10,000, but I never demanded $10,000 either. They made the $25,000 offer at their own initiative. I never understood why, but I never questioned them either. I accepted the offer. My best guess is that the insurance contract must have been for the declared value or market value, whichever was more.
they said you owe them $15000.00 and will be billing you for it this week!
