Quote:
Originally Posted by Paul Workman
BTW, apparently something changed at the underwriter level, or so it seems. Before last spring, Hagarty (sp?) and the NCM, and one other (name escapes me) made it a point to inform me they had revised and relaxed their policies with regard to mileage and other restrictions (going to the grocery store was mentioned a couple times, and OK as part of another trip.) Did anyone else experience that, or was it just my (ahem...) maturity milestone that resulted in more leniency?  |
Hagerty is definitely a little more lenient, which is one reason I like them. They expect you to actually drive the car, have some fun with it, and yes treat it like a normal car within reason. They don't have specific mileage or destination restrictions, but they do require that you have other cars for daily driving, the covered car is in a locked garage, and you use reasonable judgement when driving a collector car - i.e. don't leave it unlocked in the 'hood.
My SF agent says they will do agreed value, but it requires several good pictures, an appraisal by their approved appraiser-person, and you do have to switch to their collector policy which has a lot of restrictions. It was too restrictive for me, more expensive than Hagerty, and at the end of the day it's still an agreed value is not what I wanted. With my Hagerty policy, I pick the value which is important to me - my 308 is a rare bird, nearly irreplaceable, and market value is a bit higher than the norm, so standard valuations don't really apply.