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Old 11-11-2014   #1
8cam
 
Join Date: Jul 2013
Location: Atlanta
Posts: 450
Default Re: Insurance Questions????

I have State Farm too, but then I drive mine all the time, everywhere. I've been with them since I was 16...which was a long time ago, so the cost is really reasonable and I'm covered no matter what I do. I've talked to my agent, and he says they know exactly what the ZR-1 is and have it valued accordingly. I've never had a problem with them, and the very few claims I've made have always been handled well.

FWIW I have Hagerty on the 308 and also very happy with them. They do "guaranteed value" not agreed, which means I can insure it for just about any value I want and simply pay the appropriate premium. If something ever happened, they just pay the insured value no questions asked.
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Old 11-11-2014   #2
cvette98pacecar
 
Join Date: May 2011
Location: Sydney, Australia
Posts: 2,466
Default Re: Insurance Questions????

Quote:
Originally Posted by 8cam View Post
I have State Farm too, but then I drive mine all the time, everywhere. I've been with them since I was 16...which was a long time ago, so the cost is really reasonable and I'm covered no matter what I do. I've talked to my agent, and he says they know exactly what the ZR-1 is and have it valued accordingly. I've never had a problem with them, and the very few claims I've made have always been handled well.

FWIW I have Hagerty on the 308 and also very happy with them. They do "guaranteed value" not agreed, which means I can insure it for just about any value I want and simply pay the appropriate premium. If something ever happened, they just pay the insured value no questions asked.

Likewise, 31 years now with State Farm and I have had no issues. I just do not like the fact that they wont give me an agreed value.
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Old 11-11-2014   #3
Roadster
 
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Join Date: Mar 2014
Location: Warrington PA
Posts: 1,914
Default Re: Insurance Questions????

Quote:
Originally Posted by cvette98pacecar View Post
Likewise, 31 years now with State Farm and I have had no issues. I just do not like the fact that they wont give me an agreed value.

From what I understand, you can get agreed value with State Farm, but you have yo switch to their collector car policy in order to do so, and there are restrictions as mentioned earlier.
Again a few more $$$ for me, so I will take my non-restricted ZR-1 out for a ride today and run some errands and not have to worry where I am going...
A good feeling for sure......
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1994 ZR-1 #009 "captured test fleet car"
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