Classic car insurance that allows for more than weekends and car show driving
04-01-2016, 06:51 AM
#21
Not available in NC. And as for driving it anywhere, from their website:
Classic Automobile: A motor vehicle ten or more years old, which is rare or of special historical interest because of exceptionally fine workmanship or limited production. A classic motor vehicle 25 years old or older is covered as an antique.
Antique Automobile: A motor vehicle 25 or more years old.
And here are some important conditions for classic car insurance eligibility:
Your antique or classic car must be used on a very limited basis, such as exhibitions, club activities, and parades or similar events.
You need to have restored, maintained, or preserved your antique or classic car.
Classic Automobile: A motor vehicle ten or more years old, which is rare or of special historical interest because of exceptionally fine workmanship or limited production. A classic motor vehicle 25 years old or older is covered as an antique.
Antique Automobile: A motor vehicle 25 or more years old.
And here are some important conditions for classic car insurance eligibility:
Your antique or classic car must be used on a very limited basis, such as exhibitions, club activities, and parades or similar events.
You need to have restored, maintained, or preserved your antique or classic car.
04-01-2016, 11:30 AM
#22
Race Director
04-01-2016, 03:03 PM
#25
Instructor
2x American coll ins! My 78'S/A is ins for $13,500,0-0-0 deductable,,$100k-300k liab.With 78'collectors lic plt,$160 yr! This is with 7,500mi cap with occasional gen use whenever. I'm in Mich,no MCCA surcharge with"collectors"plt. Hdal
04-01-2016, 07:25 PM
#29
Racer
I've had Hagerty for years on several cars. I've never heard from anyone in any of those years asking how many miles I've driven. The main requirement is you must have another car that is an insured daily driver. Doesn't have to be insured with Hagerty.
PS: No one from Hagerty has even seen my cars. I send a photo when I insure. The only communication is the annual renewal.
PS: No one from Hagerty has even seen my cars. I send a photo when I insure. The only communication is the annual renewal.
04-01-2016, 09:19 PM
#30
Drifting
I dumped State Farm six years ago and have my 5 classics with Hagerty...saved a ton. I also can drive to work. I do have other daily drivers that I insure with a traditional company.
Hagerty also insures my enclosed race car trailer AND tow vehicle. Good luck with your search....
Fred
Hagerty also insures my enclosed race car trailer AND tow vehicle. Good luck with your search....
Fred
Last edited by vettefred; 04-01-2016 at 09:20 PM.
04-01-2016, 10:00 PM
#31
Team Owner
Member Since: Oct 2004
Location: altered state
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St. Jude Donor '05
Wait til Hagerty asks you if the car is modified and answer how much power it has. Sit down for the price!
NCM no complaints...havent even gotten to drive it once this yr
cheat the ins you have to take the chance of a denied claim and possibly a fraud charge Id bet. If you drive it for "everywhere" just get regular ins.
NCM no complaints...havent even gotten to drive it once this yr
cheat the ins you have to take the chance of a denied claim and possibly a fraud charge Id bet. If you drive it for "everywhere" just get regular ins.
Last edited by cv67; 04-01-2016 at 10:01 PM.
04-03-2016, 09:08 AM
#33
Race Director
Does your policy actually say you can? I looked into Hagerty a few years ago and the rep I was emailing gave the impression driving to work was OK but wouldn't state so clearly in writing. I looked at the policy and concluded that no matter what the Hagerty reps want you to believe their policy does not cover driving to work, or even stopping for an errand on the way home from a car show.
04-03-2016, 10:47 AM
#34
Le Mans Master
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Location: Fernandina Beach FL
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2023 Restomod of the Year finalist
2020 C3 of the Year Winner - Modified
OK, this interests me, and I would like the group to help me figure this out....if you do drive your car on a Monday, and then on Thursday, and you have an accident on Thursday.....how is the insurance company going to know you drove it on Monday?, and therefore deny coverage on your Thursday accident?
I understand that the insurance company is counting on us to only drive cars alot fewer days per year than our daily driver. But if I drive the car to work every day for three weeks, and then is sits in my garage all winter long, I still have driven it far less. The intent of the insurance companies is to try to control how much we drive, and therefore provide us much more reasonable rates, etc..... But I want someone to explain IF and how they will deny coverage on Thursday if I actually drove it Monday Tuesday and Wednesday??
Really, explain how the insurance company is going to penalize you by denying coverage on a Wednesday afternoon....? Explain it.
And oh no, now that I have said this on this forum,.....the insurance spies are going to deny me coverage cause I have publicized an opinion or an intent to drive the car when I want.
I understand that the insurance company is counting on us to only drive cars alot fewer days per year than our daily driver. But if I drive the car to work every day for three weeks, and then is sits in my garage all winter long, I still have driven it far less. The intent of the insurance companies is to try to control how much we drive, and therefore provide us much more reasonable rates, etc..... But I want someone to explain IF and how they will deny coverage on Thursday if I actually drove it Monday Tuesday and Wednesday??
Really, explain how the insurance company is going to penalize you by denying coverage on a Wednesday afternoon....? Explain it.
And oh no, now that I have said this on this forum,.....the insurance spies are going to deny me coverage cause I have publicized an opinion or an intent to drive the car when I want.
The police in my city are 'taking' pictures of your license plate - date and time stamping w/ GPS....
My favorite story- guy in the BMW club takes his car to track day...has an off road excursion ...gets the tow truck to drop the car off down the road away from the track- then call police/insurance!!!
I have Hagerty's on my 73- told them I was taking my car on the Hotrod Power Tour-3000 miles in one week...they didn't say no...
Richard
04-03-2016, 11:37 AM
#35
Team Owner
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St. Jude Donor '05
Some reps may not know everything make sure its in writing so theres no surprises should something happen. "She said" wont mean diddly then trust me
Good luck
Good luck
Last edited by cv67; 04-03-2016 at 11:38 AM.
04-03-2016, 12:06 PM
#36
Team Owner
This is copied and pasted from MY POLICY WITH HAGERTY:
“Antique vehicle” means a motor vehicle 25 years or more of age that is:
1. maintained primarily for use in car club activities, exhibitions, parades, other functions of public
interest or for a private collection; and
2. used only infrequently for other purposes.
“Classic vehicle” means a motor vehicle of unique or rare design and of limited production which was
originally manufactured within the past 24 years and is an object of curiosity which is:
1. maintained primarily for use in car club activities, exhibitions, parades, other functions of public
interest or for a private collection, and
2. used only infrequently for other purposes.
For purposes of this policy, a “classic vehicle” also includes a reproduction model of an “antique
vehicle” or a “classic vehicle” as defined above. Reproduction model means:
1. reproduction models of vehicles older than 24 years; or
2. all vehicles which have been substantially re-manufactured
There is no definition of "infrequently" in the policy.
And here are the restrictions:
1. Any “antique vehicle”, “classic vehicle” or “exotic and special interest vehicle” shown in the
Declarations.
2. A “newly acquired auto”.
“Newly acquired auto” means any:
1. “antique vehicle”;
2. “classic vehicle”; or
3. “antique vehicle” or “classic vehicle” of the “motorcycle” type, but is not a reproduction or
“structurally modified motorcycle”
on the date you became owner during the policy period, whether as a new vehicle or replacement of
a vehicle shown in the Declarations, provided that:
1. It is in stock condition and has not been modified from the original manufactured design;
2. You ask us to insure it within 30 days after you become the owner; and
3. We insure all of your collector vehicles
You must also own and have insured by another insuror a daily driver
“Antique vehicle” means a motor vehicle 25 years or more of age that is:
1. maintained primarily for use in car club activities, exhibitions, parades, other functions of public
interest or for a private collection; and
2. used only infrequently for other purposes.
“Classic vehicle” means a motor vehicle of unique or rare design and of limited production which was
originally manufactured within the past 24 years and is an object of curiosity which is:
1. maintained primarily for use in car club activities, exhibitions, parades, other functions of public
interest or for a private collection, and
2. used only infrequently for other purposes.
For purposes of this policy, a “classic vehicle” also includes a reproduction model of an “antique
vehicle” or a “classic vehicle” as defined above. Reproduction model means:
1. reproduction models of vehicles older than 24 years; or
2. all vehicles which have been substantially re-manufactured
There is no definition of "infrequently" in the policy.
And here are the restrictions:
1. Any “antique vehicle”, “classic vehicle” or “exotic and special interest vehicle” shown in the
Declarations.
2. A “newly acquired auto”.
“Newly acquired auto” means any:
1. “antique vehicle”;
2. “classic vehicle”; or
3. “antique vehicle” or “classic vehicle” of the “motorcycle” type, but is not a reproduction or
“structurally modified motorcycle”
on the date you became owner during the policy period, whether as a new vehicle or replacement of
a vehicle shown in the Declarations, provided that:
1. It is in stock condition and has not been modified from the original manufactured design;
2. You ask us to insure it within 30 days after you become the owner; and
3. We insure all of your collector vehicles
You must also own and have insured by another insuror a daily driver
04-03-2016, 12:33 PM
#37
Melting Slicks
I saw in another thread about classic insurance where someone ask an agent "If it's a pretty day and I decide to drive my class to go get lunch, is that OK?" The answer was NO.
I have NCM classic on my cars, so I called them. I ask if I could drive my classic to visit my mom, on a nice day, who lives 5 miles away? I was told NO.
Car club activities, exhibitions, parades, other functions of public interest.
Occasional pleasure driving. I was told pleasure driving is "driving without a destination", not going to get lunch, visit my mom...
So be careful, if anything happens, when you tell them where you were going or where you had been.
I have NCM classic on my cars, so I called them. I ask if I could drive my classic to visit my mom, on a nice day, who lives 5 miles away? I was told NO.
Car club activities, exhibitions, parades, other functions of public interest.
Occasional pleasure driving. I was told pleasure driving is "driving without a destination", not going to get lunch, visit my mom...
So be careful, if anything happens, when you tell them where you were going or where you had been.
Last edited by randy ransome; 04-03-2016 at 12:34 PM.
04-03-2016, 12:45 PM
#38
Team Owner
One more from Hagerty:
What are your usage restrictions/guidelines?
Simply put, we want you to enjoy your classic vehicle. While there are some restrictions in the policy, you’re covered for pleasure use, whether it's a drive on a gorgeous summer day, a trip to the ice cream shop, attending club events or going to shows.
There have been a lot of "opinions" about what's covered. I gave you some in writing from the company. You choose which to believe. A couple of years ago, I had a claim on my 65. No one asked me what day of the week, where I was going, or how many miles I drove it. They mailed a check to the body shop.
What are your usage restrictions/guidelines?
Simply put, we want you to enjoy your classic vehicle. While there are some restrictions in the policy, you’re covered for pleasure use, whether it's a drive on a gorgeous summer day, a trip to the ice cream shop, attending club events or going to shows.
There have been a lot of "opinions" about what's covered. I gave you some in writing from the company. You choose which to believe. A couple of years ago, I had a claim on my 65. No one asked me what day of the week, where I was going, or how many miles I drove it. They mailed a check to the body shop.
Last edited by 65GGvert; 04-03-2016 at 12:47 PM.
04-03-2016, 01:29 PM
#39
Race Director
I do and I asked Adam @ NCM if it was OK to drive to work and then take a coworker and grab some lunch. Adam said that was fine. I think the extra coverage was like $70 a year and I'm keeping it even though I haven't taken the vette to work in ages.
Last edited by zwede; 04-03-2016 at 01:30 PM.
04-03-2016, 08:18 PM
#40
Le Mans Master
Member Since: May 2008
Posts: 9,012
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2022 C3 of the Year Finalist - Modified
How
Does your policy actually say you can? I looked into Hagerty a few years ago and the rep I was emailing gave the impression driving to work was OK but wouldn't state so clearly in writing. I looked at the policy and concluded that no matter what the Hagerty reps want you to believe their policy does not cover driving to work, or even stopping for an errand on the way home from a car show.