Grundy Insurance - Beware!
11-04-2011, 01:42 AM
#41
Drifting
I can drive anywhere, any day etc. There is no blackout dates, like for winter, in case my house burns down I guess.
It sounded OK to me, if there are some other questions I should ask to make sure I'm OK please let me know.
Thanks,
Frank
Last edited by myoriginal77; 11-04-2011 at 01:44 AM. Reason: typo
11-04-2011, 07:28 AM
#42
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DC Area Events Coordinator
Hmmm .... While I totally believe you and the quotes from the Hagerty rep that you spoke to, my experience was different. I asked if I could drive it to work *for pleasure* several times per month and was told yes. I asked if I could take it on a *pleasure trip* for several days to a bed / breakfast and was told yes. I also asked if my final destination was NOT a show or club event, but simply a drive with my wife to, say a winery, or just cruising, and I was told that I was covered. Let's face it, it is our pleasure car and, so we like to drive it for pleasure. If I was to use it as my every-day-driver, I would sign up, regardless of it's age, with a normal policy. One of my reasons for Hagerty over Grundy was the relaxed restrictions.
Just my .02 ..
Just my .02 ..
11-04-2011, 10:18 AM
#43
Drifting
Thread Starter
I'm always reluctant to respond to this subject whenever it comes up, as there will surely be a host of people who disagree, have their own opinions, ideas, and many who are just wishful thinkers when it comes to the safety and security of their personal cars.
Having said that, below are facts I received via a telephone conversation directly from a Hagerty Insurance rep (not my opinion) when I was considering switching to them.
I asked the Hagerty agent, point blank, if I would be covered in the following circumstances, and each time his answer was no, followed with a detailed explanation.
1) Can I take my car to my office one sunny day per month and park it in a private lot?
No, this would be considered using the vehicle as a 'daily driver', not a pleasure vehicle.
2) Can I take my car to the mountains/coast for the weekend and park it in a secure Hotel parking lot?
No. Because when you are away from your primary residence for an extended period of time, you would have no choice but to use the vehicle as 'personal vehicle/daily driver' for all your activities and needs.
3) Can I take my car out of State to visit a friend for the weekend, parking it in the friends private driveway or garage?
No. Once again, because you are away from your primary residence for an extended period of time, you would have no choice but to use the vehicle as 'personal vehicle/daily driver' for all your activities and needs during your weekend visit.
What if I were to use the friends car, not my C3, for my activities and needs once I arrived at their out of State home?
Sorry, we would have no way to verify that.
4) Can I stop at Wal-Mart for a quart of oil
No Wal-Mart, whatsoever.
5) If I can't use my car in any of the above situations, then when am I covered?
During periodic pleasure driving, to and from events, etc.
I'm not knocking Classic car insurance carriers. I'm simply suggesting that people be aware that they're not covered in a wide variety of common driving situations, when they usually think they are.
Read the terms carefully. Even the wording on Hagerty's web site is ambiguous and misleading:
From their website, http://www.hagerty.com/us/auto.aspx?id=69482
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".
"While there are some restrictions in the policy." That's a pretty wide area that's not clearly defined. When you check the fine print to see exactly what these "certain restrictions" are, I think you'll be surprised.
I'm sure there will be plenty of people who will respond indicating that they've never had a problem getting Hagerty to make good on a claim. Congratulations. The point of my post was not to slam Hagerty, or any other carrier, but to simply make people aware of the fine print.
Next time you have a Hagerty agent on the phone, ask them to mail you a detailed copy of the terms and provisions outlined in their policy. You'll actually be able to hear the agent squirm on the other end of the line.
Having said that, below are facts I received via a telephone conversation directly from a Hagerty Insurance rep (not my opinion) when I was considering switching to them.
I asked the Hagerty agent, point blank, if I would be covered in the following circumstances, and each time his answer was no, followed with a detailed explanation.
1) Can I take my car to my office one sunny day per month and park it in a private lot?
No, this would be considered using the vehicle as a 'daily driver', not a pleasure vehicle.
2) Can I take my car to the mountains/coast for the weekend and park it in a secure Hotel parking lot?
No. Because when you are away from your primary residence for an extended period of time, you would have no choice but to use the vehicle as 'personal vehicle/daily driver' for all your activities and needs.
3) Can I take my car out of State to visit a friend for the weekend, parking it in the friends private driveway or garage?
No. Once again, because you are away from your primary residence for an extended period of time, you would have no choice but to use the vehicle as 'personal vehicle/daily driver' for all your activities and needs during your weekend visit.
What if I were to use the friends car, not my C3, for my activities and needs once I arrived at their out of State home?
Sorry, we would have no way to verify that.
4) Can I stop at Wal-Mart for a quart of oil
No Wal-Mart, whatsoever.
5) If I can't use my car in any of the above situations, then when am I covered?
During periodic pleasure driving, to and from events, etc.
I'm not knocking Classic car insurance carriers. I'm simply suggesting that people be aware that they're not covered in a wide variety of common driving situations, when they usually think they are.
Read the terms carefully. Even the wording on Hagerty's web site is ambiguous and misleading:
From their website, http://www.hagerty.com/us/auto.aspx?id=69482
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".
"While there are some restrictions in the policy." That's a pretty wide area that's not clearly defined. When you check the fine print to see exactly what these "certain restrictions" are, I think you'll be surprised.
I'm sure there will be plenty of people who will respond indicating that they've never had a problem getting Hagerty to make good on a claim. Congratulations. The point of my post was not to slam Hagerty, or any other carrier, but to simply make people aware of the fine print.
Next time you have a Hagerty agent on the phone, ask them to mail you a detailed copy of the terms and provisions outlined in their policy. You'll actually be able to hear the agent squirm on the other end of the line.
11-04-2011, 10:21 AM
#44
Race Director
Send an email to your agent with the same scenarios you asked him on the phone. See if he will give you the same answers in writing. My bet is he will not. I found Hagerty to be very slippery when it comes to stating I would be covered for anything in writing. On the phone they'll tell you they're so flexible, no problem.
I went with Adam@NCM because they put the restrictions and covered scenarios in writing.
11-04-2011, 10:29 AM
#45
I also checked into Hagerty last year. My recommendation:
Send an email to your agent with the same scenarios you asked him on the phone. See if he will give you the same answers in writing. My bet is he will not. I found Hagerty to be very slippery when it comes to stating I would be covered for anything in writing. On the phone they'll tell you they're so flexible, no problem.
I went with Adam@NCM because they put the restrictions and covered scenarios in writing.
Send an email to your agent with the same scenarios you asked him on the phone. See if he will give you the same answers in writing. My bet is he will not. I found Hagerty to be very slippery when it comes to stating I would be covered for anything in writing. On the phone they'll tell you they're so flexible, no problem.
I went with Adam@NCM because they put the restrictions and covered scenarios in writing.
Last edited by drspencer; 11-04-2011 at 02:02 PM.
11-04-2011, 01:55 PM
#46
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It's a shame that Grundy is apparently getting out of the classic car insurance business. They had an interesting take on pleasure driving. The owner was interviewed on "My Classic Car" and he discussed it. To see the interview:
Go to the "My Classic Car" website, Click on "Episodes" then "Season 13 (2009) and then "Episode 6", then on the right hand side click on "Garage segment". At about 3 minutes into the video you can watch and listen to him discuss occasionally (he says “once a week” is occasional) driving your classic car to work.
I don't know what Philadelphia Indemnity's take on this issue will be but I'll need to find out before I renew my insurance.
Go to the "My Classic Car" website, Click on "Episodes" then "Season 13 (2009) and then "Episode 6", then on the right hand side click on "Garage segment". At about 3 minutes into the video you can watch and listen to him discuss occasionally (he says “once a week” is occasional) driving your classic car to work.
I don't know what Philadelphia Indemnity's take on this issue will be but I'll need to find out before I renew my insurance.
11-04-2011, 02:18 PM
#47
Hmmm...looks like I will be giving Adam & JC Taylor a call about switching coverage also from Hagerty. Thanks for doing the research guys on who has the most flexible coverage.
11-11-2011, 01:19 PM
#48
Instructor
Just signed on with Grundy (Philly Insurance) since, believe it or not, my 2001 Chevy pickup was too old to be considered a primary vehicle on a new policy. Grundy didn't have any objection to that and in addition I don't have a mileage limit on the 'vette. The age of my primary driver car is the reason I didn't go with Hagerty or JC Taylor.
11-11-2011, 03:34 PM
#49
Safety Car
you guys just don't realize that insurance is nothing but faith. they rely on the faith of their customers. the pay out only on faith and not on some contract. read the fine print and have a contract lawyer tell you what it all really means. there are so many 'outs' for the insurance company that they don't have to pay you anything.
now they do pay in order to have good service and a good name.. and a good name is what insurance companys live and die by.
I had insurance for years on another classic car that was 'stated value' vs. today's 'agreed value' policy. I never had a claim, but wonder what would have happened if I did... was i throwing money away each year since 'stated value' means nothing?
read your fine print and go with the company that has the most to lose if they try to deny your claim.
I know if my car gets stolen from a motel parking lot, I will go home and then call the police and say it was stolen from my garage...
now they do pay in order to have good service and a good name.. and a good name is what insurance companys live and die by.
I had insurance for years on another classic car that was 'stated value' vs. today's 'agreed value' policy. I never had a claim, but wonder what would have happened if I did... was i throwing money away each year since 'stated value' means nothing?
read your fine print and go with the company that has the most to lose if they try to deny your claim.
I know if my car gets stolen from a motel parking lot, I will go home and then call the police and say it was stolen from my garage...
11-12-2011, 08:12 AM
#51
Burning Brakes
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Aci
Don't know if you checked with American Collectors Ins and I don't know if they have a policy to fit your needs but their prices are very competitive and they are easy to do business with....been a policy owner for over 10 years.
http://www.americancollectors.com/
http://www.americancollectors.com/
11-18-2011, 08:39 PM
#52
Drifting
Thread Starter
Thought I would give an interesting Grundy update. I cancelled my policy in writing on November 3rd twice because they said they didn't receive the first one. Now they are telling me that they haven't received any cancellation (spoke to someone on the 3rd who confirmed receipt but unfortunately they are telling me that she is "not available to speak with"). I feel real bad for anyone who has Grundy and has to ever file a claim.
11-21-2011, 03:15 PM
#53
Pro
Don't know if you checked with American Collectors Ins and I don't know if they have a policy to fit your needs but their prices are very competitive and they are easy to do business with....been a policy owner for over 10 years.
http://www.americancollectors.com/
http://www.americancollectors.com/
01-07-2015, 12:25 PM
#55
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Unrelated question deleted. Thread will be closed and moved to Transactions Feedback where it should have been in the first place.
