Insurance Questions????

[Mystic ZR-1]

Agreed value is the biggy here.
Roll your ZR-1 into a ball with regular
car insurance and maybe get a check for $5k after fighting
with them. To them it's just an old Chevy...

[Z06scentair]

Originally Posted by Roadster

Ok, really very confused right now......as maybe I was missing something, in that American Modern Insurance is the underwriter for the NCM!!!
So it appears that I can't use the ZR-1 for anything other than a pleasure ride and for car and show events....period......
No overnight stays, no vacation trips, store trips are a no-no....according to my agent who is up in CT,

Just spoke to Adam @ NCM, great guy tells me I have a little more flexability than what my agent said. But no more than one overnight stay for pleasure trip, unless car related such as Carlisle, Bowling Green, etc., etc. No errands, stores, etc.

So my other alternative is to just get full coverage from State Farm and be done with it, as there would be no restrictions, could use anytime, anywhere, day, night, overnight, vacations, errands, etc., etc.......
Of course I could only enforce the State Farm policy 6 or maybe 9 months a year and let it sit in the garage for the winter, as I wouldn't be driving it anyway. Alot to think about, and this thread did just that.
Again, thanking everyone for their replies...............

Call Grundy and be done!

Another plus for Grundy. Friend of mine built a 66 resto car over a 10 year span.

Second time around the block yeilded such results. Grundy paid off in less than two weeks no questions asked.

We will not talk specifics here, but we'll just say it was enough to purchase 3 as new zr-1's.

[Kevin]

I cross shopped the two and the ncm was less with about the same restrictions. I can drive my mustang to work twice a week if I wanted too. You can do the same with the vette of you wanted but you have to have that written into the policy

[nelson007]

Doug I declared high on a couple of my C1's,due the low mileage (60 fuley-4200 miles) They asked for some pictures and some documentation and they approved all of them.
Did you have to submit pictures?
Nelson007

[Kevin]

4 one of each side of the car. Sent them via email

[Mystic ZR-1]

If I remember correctly, front, back and both sides were required
They were also concerned about a lockable garage so I
sent a picfure of that too but they didn't ask for that

[Roadster]

Originally Posted by Kevin

Tom.

In my talking with Adam both in email and in person you can stop at the store to get something as long as it's a secondary stop. so if you're out and realize you need milk that's fine. If you're heading out to go to the store only then no. The trade off is you have significantly lower premiums. I've seen Adam on the zr-1 net looking for parts for customer cars. I'm very happy with them so far as I never really used the car as a daily driver anyway. I added a car to my policy and saved something like $600/year

I have my zr-1 insured for something around 22,000$ and my mustang is around 12,000$

Kevin,
Thanks for the additional info, appreciating the explanations....But still doesn't solve my wants to use the ZR-1 also as a true pleasure car with overnight stays and vacation time if desired. I guess I am looking for a semi daily driver policy with low mileage and no restriction on where I can go. They don't seem to exist at all. Of course wouldn't want to leave the car unattended, but if your down the shore, you don't have any choice but to do just that.
So I will be talking to State Farm and find out how they would pay for any claim that may be encountered regardless of what it is, being listed as a regular type policy 9 months of the year.
I also did call Grundy, and they also have restrictions on where you can and can't leave the vehicle.....

We shall see what SF has to say......the saga continues........

[Roadster]

Originally Posted by Mystic ZR-1

Agreed value is the biggy here.
Roll your ZR-1 into a ball with regular
car insurance and maybe get a check for $5k after fighting
with them. To them it's just an old Chevy...

That I'm not so sure of, I think my daughter did mention at one time, that State Farm would look at the market to see what the current prices of the insured vehicle is selling for to determine the value of said vehicle. I will verify this one way or another with SF, as this may be the only way to go to fit my wants and needs.

[edram454]

Originally Posted by Z06scentair

Grundy 17 cars insured with no restrictions to overnights as long as its a carshow.

Grundy also. I can drive it anywhere but work. No mileage restrictions at all. I cant race in sporting events etc... It is an agreed upon dollar value full coverage just cant be a everyday driver or race car.

ed ramos #3028

[Roadster]

Update.....

I have decided to go with State Farm with a regular policy just like my 82 "dd" and other family vehicle. Verified what would transpire if the ZR-1 would ever encounter anything. Was reassured that although not stated value as in their collector insurance policy and the coverage I had, that they know the value of the vehicle, and would make it right.
I can now drive anytime, anywhere.....to the store, down the shore, stay overnight, a weekend, a week, well you get the idea.
Yes, it is more expensive that what I had, but to me it is worth it, as I feel I can enjoy driving the "Beast" even more then before.......