Insurance Questions????

[KILLSHOTS]

Grundy, current agreed value of $20K (which I need to increase), total premium is $260 per year. Seems pretty cheap to me.

[edram454]

Originally Posted by KILLSHOTS

Grundy, current agreed value of $20K (which I need to increase), total premium is $260 per year. Seems pretty cheap to me.

The best deal period. Unfortunately if someone states his or hers experiences with insurance companies some people call that bashing or trashing talking other companies. I had a family member who was a 33 year employee (executive)for a big SF insurance company so I talk from experience. The most important thing one must look for is that the company has a history of stability and A AGREED VALUE POLICY. Nuff said. Caveat Emptor.

ed ramos.

by the way, I have my insurance with the same company for the same amount at the same price.

[LGAFF]

Originally Posted by WARP TEN

At my agent's recommendation I recently switched from Met Life (sorry Lee) to a company called Crestbrook (part of Nationwide) for all of my insurance. One reason I switched is that I wanted Agreed Value coverage on my '95 ZR-1. Others like Met wanted appraisals. Crestbrook did not need anything from me (although my agent may have sent pictures he has) and did Agreed Value on all three of my cars, (ZR-1, '10 BMW 535 and '14 BMW 328). Total annual premium $2089 for all three; $639 for ZR-1. Total for everything (house, etc) less than Met Life.--Bob

Met is not a collector car company.....we used to handle the claims for Condon and Skelly prior to the owners selling. At the time Condon and Skelly had the most liberal policy around; they even covered racing if it was a club event. In the time we handled we never denied a claim for use.....

[Roadster]

Originally Posted by edram454

The best deal period. Unfortunately if someone states his or hers experiences with insurance companies some people call that bashing or trashing talking other companies. I had a family member who was a 33 year employee (executive)for a big SF insurance company so I talk from experience. The most important thing one must look for is that the company has a history of stability and A AGREED VALUE POLICY. Nuff said. Caveat Emptor.

ed ramos.

by the way, I have my insurance with the same company for the same amount at the same price.

yes that "some people" is me and only for the reason, is that I was not looking for the good , bad, or indifferent of insurance companies regarding claims in this thread.......that being said, I feel based on the info and recomendations here, that I have made the best decision for me. If a claim should happen in the future and they try to lowball the amount, then that is something I will have to deal with.
When I spoke to the other agents, who are well respected in their field, there was a "gray" area about what would and would not be covered when the said vehicle(s) are in use. I was not satisified with their answers and hence the reason to put the ZR-1 on a regular policy. It could have been a regular policy with any insurance company, not just SF, and I am sure they all have their "quirts".
I disagree with An Agreed Value Policy if you are using the vehicle as I intend to use it, simply because it is not available for the type of use I want.. For you, with the vehicles that you own and the way that you use them, then that is the correct policy for you.....
And also to quote you "Nuff said"...... I just couldn't resist......

[Roadster]

Forgot to mention, with full coverage and full tort and if I take the Z out of service for 2 or 3 months during the winter, (which I intend to do), the yearly cost will be under $1000, which is worth it and fine by me.

[hiperf406]

I just got my quote from Grundy $460 for an agreed value of $32k. My run in with the light standard ($13500) a couple yrs ago didn't raise my rate a lot & they told me to take it anywhere I wanted to. Great service !!

[Roadster]

Originally Posted by hiperf406

I just got my quote from Grundy $460 for an agreed value of $32k. My run in with the light standard ($13500) a couple yrs ago didn't raise my rate a lot & they told me to take it anywhere I wanted to. Great service !!

Yed, that is great, but taking it anywhere and staying overnights other than car events is another. I haven't found another type policy other than a regular policy that will allow overnight stays or vacations ..

[edram454]

Originally Posted by hiperf406

I just got my quote from Grundy $460 for an agreed value of $32k. My run in with the light standard ($13500) a couple yrs ago didn't raise my rate a lot & they told me to take it anywhere I wanted to. Great service !!

Great deal and a great price for a guaranteed 32k replacement value. As long as you are pleasure driving...you can go wherever you want. It cannot be for work or daily transportation,, it must be kept in an enclosed building.... cannot be raced. You can go the a race track but cannot race the car. Other than that, you can go anywhere and have unlimited miles. It is for those who have pleasure cars that this policy is designed for. Congrats.

ed ramos #3028