Hagerty you can suck it........

[Z51JEFF]

For the past 15 years I've had Classic Collector's insurance on my Z and one other car,no issues no claims. I get a notice about 4 months ago that Classic Collectors is going out of business for whatever reason and as of the policy renewal date Hagerty will be taking over my policy. I called Hagerty a few months ago and I was assured the policy wouldn't go up from the current 12 month policy @ $284. I get the quote from Hagerty and the new policy will be $907 for a 12 month policy. Who in their right mind would pay that? I thanked the nice Hagerty representative on the phone for letting me know this far in advance so that I have plenty of time to find a new policy for my 2 cars. Here pretty soon I'll be that guy asking about insurance for my Z and my 75.

[viper107]

call ncm insurance,they will be around the 284.00 mark

[conesare2seconds]

My NCM Agency policy is up to 400-something a year. Still cheap, all things considered. Premium of course takes into account the agreed value, garage location, etc.

[Mikey]

Why don't you just use your regular insurance agency? As in the one for your other cars and house, etc..

[Raykahn]

Why don't you just use your regular insurance agency? As in the one for your other cars and house, etc..

They can be odd about classic cars. I use statefarm for my truck. I looked into them when I got my Z and they were very squirrely about it. Would only cover for KBB value, the car needed to be specifically a show car only, more stipulations that I thought were strange... it was a hard pass.

So I went with Hagerty, then come to find out statefarm gets their classic car insurance through hagerty anyways.

[jcruz]

People are naturally focused on their premiums and insurance is usually marketed by highlighting cheaper rates. But, as someone who just went through hurricane Ian, I can tell you the more important measure of an insurance company is whether they pay your claim. I have several neighbors who have no-name insurance companies that haven't paid a dime out...after 2 months.

-John

[DRM500RUBYZR-1]

NCM.

:cheers:
Marty

[dredgeguy]

A few years ago my State Farm agent told me they now will issue agreed upon value policy. As long as you are below $40,000 the agent can send it in with just a few photographs. Over 40,000 you need a third party appraisal. If you do not ask they will not tell you.

[ram_g]

+1. I have all 4 of my ?toy cars?, including the ZR-1, insured by State Farm under their agreed value classic car policy. IMHO the stipulations are actually less onerous than Hagerty. I have never had to test the claims process and I hope I never have to. Cost-wise each car runs approx. $400 per year, plus or minus considering the specifics.

[zyal8r]

I have both my '95 ZR-1 and '96 LT4 insured with State Farm under agreed value. They accepted an over $40k valuation on my '95 with only photographs. Very easy process, and it's half of what the normal policy was.

[Mikey]

State Farm for me as well for everything except for my STP insurance for an Indy Lights car.

Best value pricing, agreed value policies. I did back up my '64 with an NADA appraisal to support the agreed value.

I've had a few claims over the years and I couldn't be any more pleased with the resolution to all of them.

I first joined with State Farm back when Progressive ran commercials in the 1990's that claimed "If we can't give you the best price, we'll tell you who can." It was Progressive's website that showed me a comparison quote from State Farm was substantially less. I called State Farm to verify and they confirmed.

Quotes from Hagerty and NCM are exorbitant in comparison every time I check (every few years just to be sure I'm still getting best value).

[Z51JEFF]

I've been checking around and Grundy is at $400,I still need to check State Farm and a few others.

[ghlkal]

FWIW I have Grundy. The rates are good especially with no restrictions on mileage or driving it to work. I can't comment on service since I've never had an issue/claim.

[philco]

I have had grundy 10 years ago it was 250 per year this year I paid 190 dollars.

[Z51JEFF]

It's going to be Grundy if they will honor their quote.

[Z51JEFF]

I ended up going with Grundy,I talked to State Farm and when I heard they are basically a broker for Hagerty,c-ya. So my premium went from $284 to $404,not too bad.