!!!!! Insurance Question>>> - ZR-1 Net Registry Forums

ZR1Vette · 03-12-2009

Most standard automotive insurance companies (meaning non speciality insurance companies) will simply insure a ZR-1 as a C4 with qualifiers (mileage, mileage driven per year etc etc)... considering the ZR-1 value is higher (in some cases MUCH higher) than a standard C4 what do you guys do for insurance? Companies like Hagerty Insurance won't cover a ZR-1 since does not meet the age requirement.

tccrab · 03-12-2009

I use American Collectors, they know what a ZR1 is. It is a "Stated Value" policy.
There are conditions, must be stored in a locked garage, must be a second car, not daily driven, mileage restrictions, blah, blah blah. Cost runs about $400 a year.

TomC
"Crabs"

FU · 03-12-2009

We use Infinity Insurance on all the Z's.
The 91 is $ 590 a year 5K miles and 40K value.

IowaZR-1 · 03-12-2009

Quote:

Originally Posted by ZR1Vette

Companies like Hagerty Insurance won't cover a ZR-1 since does not meet the age requirement.

Have had my '93 insured with Hagerty for 4 years now.

ZR1Vette · 03-12-2009

Quote:

Originally Posted by IowaZR-1

Have had my '93 insured with Hagerty for 4 years now.

Hmmm... Hagerty told me they would not insure the ZR due to it not being 25+ years old...only insure classics/antiques

FU · 03-12-2009

Try this one also Michael : http://www.americancollectors.com/

ZR1Vette · 03-12-2009

Good info guys

I am now in discussions with both American Collectors Insurance(so far extremely nice and helpful) and Infinity/Classic Collectors Insurance.

Thanks all

z proud · 03-12-2009

I have Grundy ins 26k agreed value 400.00

Stated value is the lesor of stated value or acv(book)

-=Jeff=- · 03-12-2009

I had a policy with Hagerty too, but decided to go the State Farm route..

I know there is a difference between agreed and stated value policies, but the book value is much higher than I paid for my 90

but Hagerty does do 1990 Corvette ( considered Exotic I think)

PhillipsLT5 · 03-12-2009

You want "agreed value"

03-12-2009	#1
ZR1Vette Join Date: Dec 2007 Location: Reston, Virginia Posts: 939	!!!!! Insurance Question>>> Most standard automotive insurance companies (meaning non speciality insurance companies) will simply insure a ZR-1 as a C4 with qualifiers (mileage, mileage driven per year etc etc)... considering the ZR-1 value is higher (in some cases MUCH higher) than a standard C4 what do you guys do for insurance? Companies like Hagerty Insurance won't cover a ZR-1 since does not meet the age requirement. __________________ Michael :cheers: [I][SIZE="2"]1990 RED on RED #566[/SIZE][/I] [I][SIZE="2"]WAZOO MEMBER[/I][/SIZE]

03-12-2009	#2
tccrab Join Date: Oct 2004 Location: Folsom CA Posts: 1,645	Re: !!!!! Insurance Question>>> I use American Collectors, they know what a ZR1 is. It is a "Stated Value" policy. There are conditions, must be stored in a locked garage, must be a second car, not daily driven, mileage restrictions, blah, blah blah. Cost runs about $400 a year. TomC "Crabs" __________________ TomC '90ZR1 #792 Honorary Pirate [B]If it ain't FUN, you're doing something terribly WRONG. [/B]

03-12-2009	#3
FU Join Date: Mar 2004 Location: Found Member Posts: 4,346	Re: !!!!! Insurance Question>>> We use Infinity Insurance on all the Z's. The 91 is $ 590 a year 5K miles and 40K value. __________________ Frank Urbo. NCM Lifetime member # 982 Registry Founding # 237

03-12-2009	#6
FU Join Date: Mar 2004 Location: Found Member Posts: 4,346	Re: !!!!! Insurance Question>>> Try this one also Michael : http://www.americancollectors.com/ __________________ Frank Urbo. NCM Lifetime member # 982 Registry Founding # 237

03-12-2009	#7
ZR1Vette Join Date: Dec 2007 Location: Reston, Virginia Posts: 939	Re: !!!!! Insurance Question>>> Good info guys I am now in discussions with both American Collectors Insurance(so far extremely nice and helpful) and Infinity/Classic Collectors Insurance. Thanks all __________________ Michael :cheers: [I][SIZE="2"]1990 RED on RED #566[/SIZE][/I] [I][SIZE="2"]WAZOO MEMBER[/I][/SIZE]

03-12-2009	#8
z proud Join Date: Aug 2005 Location: Pa Posts: 115	Re: !!!!! Insurance Question>>> I have Grundy ins 26k agreed value 400.00 Stated value is the lesor of stated value or acv(book)

03-12-2009	#9
-=Jeff=- Join Date: Jul 2007 Location: Bartlett, IL Posts: 7,133	Re: !!!!! Insurance Question>>> I had a policy with Hagerty too, but decided to go the State Farm route.. I know there is a difference between agreed and stated value policies, but the book value is much higher than I paid for my 90 but Hagerty does do 1990 Corvette ( considered Exotic I think) __________________ 1990 Corvette ZR-1 #1051 Watson Headers (2" Primary) - 3" Magnaflow Bullet cats - LT4 Catback Late Model IH - Plenum Coilovers - 4.10s Custom Interior NCM Lifetime Member #978

03-12-2009	#10
PhillipsLT5 Join Date: Aug 2005 Location: Scottsdale, AZ Posts: 2,450	Re: !!!!! Insurance Question>>> You want "agreed value"