Hagerty insurance

[tierod]

used hagerty for years on several different cars. No claimss but used their roadside assistance which was great.

[Hoop]

"Interesting info from the bandaged up guy about them farming out policys on old stuff . I will ask my agent ."

What your agent should tell you is that it varies state by state. What they do in WI may be, and most likely is, different than in MI, for example.

State Farm is an insurance company ... an insurer. JC Taylor is an agent.

JC Taylor does not "insure" anything. They place the insurance with an insurance company, and who they use may also vary state by state. State Farm may or may not insure antique cars themselves depending on the state.

Keep in mind that your State Farm agent most likely deals with insurance in one state only ... and you may be the only antique car client he has.

He is probably taking excellent care of you ... but he really doesn't have to know what's going on in Arizona, Florida, California, etc. to be a great agent in Wisconsin.

For fun, take out your antique car policy and see if you can find any "restrictions" in it. Look for anything about "miles allowed per year" or "must be kept in a locked garage" or "NO pleasure driving" ... as stated by one poster

Lots of folks post on these insurance questions. Nobody does any real checking or research.

[Jerry Parr WI]

Originally Posted by David J

I have all my stuff insured with State Farm { WI only } and they make no special fuss over old cars . If valued over $ 20,000 though they want an appraisel . I also drive the cars down to my agents and he takes pics of them . The rates are no different than a newer vehicle with the same value . The policy on a 33 5w & a SL500 Benz costs about the same as the replacement cost is the same . Interesting info from the bandaged up guy about them farming out policys on old stuff . I will ask my agent . They also insure my Lugers & old John Deeres under my country estate policy . Dunno how they will be on a claim though as I havn't made one on collector stuff . Not exactly an answer to your query but related .

I used State Farm (in Illinois) for my antiques for many years because they would insure my teenage sons driving them which the antique only companies will not. State Farm will insure antiques in different ways depending on what you ask for. They will insure them as a regular vehicle if you want to drive it to work. They will insure it as a regular vehicle at an agreed value (I did some 60's cars that way). They will also insure it as an antique with restricted usage and better rates. Some agents are much more informed than others regarding these policies. The antique only companies (I switched to Grundy) are much less expensive, especially for multiple vehicles, if you don't mind the restrictions.

[oldford]

No one has mention anyting about liability. Has anyone had a claim concerning liability.

[40Coupe]

Perhaps the experts here can elaborate on stated value vs agreed value policies.

Here are a couple of articles that may be of interest...

http://www.chevyhiperformance.com/te...ide/index.html

http://www.hhrvresource.com/Images/P...reed_Value.pdf

http://www.roughnotes.com/rnmagazine...e05/06p124.htm

[Hoop]

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Again, interesting what is believed and written about antique car insurance.

From the above "Chevyhiperformance" site:

"Certain companies ask that you only drive the vehicle to and from shows and stay with it at all times. This means if you leave the car to get a hot dog from the nearest vendor and a tree suddenly comes crashing down on it, or it suddenly burns to the ground and you are nowhere around, the car will not be covered."

I keep trying to find cases where something like this really happened, and the company has refused to pay. I have never seen any language in an antique policy that comes anywhere close to addressing such a loss. It's actually silly ... "silly" is not an insurance term, but it fits.

"Most policies have mileage restrictions."

Haven't seen one yet. Still waiting for someone to post what their POLICY says about limiting the number of miles driven.

From the "hhryresourse" site:

Sounds good and is simple enough.

From "roughnotes":

This is insurance talk by an insurance guy for insurance people. "Rough Notes" is excellent reading, like porn for serious folks in the insurance business. The article addresses "co-insurance'' ... valuable information, however coinsurance provisions in an antique auto policy are so far unknown.

For the purposes of antique auto insurance, you can safely consider agreed value to mean that if your car is "totaled" you will receive the total amount of your policy with no adjustment for depreciation or arguing about what the car is presently worth.

Oldford asked about liability. Nobody on any of the forums I follow has mentioned any liability claims. Got to be a few out there.

(I apologize if I sound like I'm trying to be THE expert, but there are some irresponsible statements made that confuse people.)

[peewee2you]

I have had Haggerty for several years now, and although I have not had a claim, they were great to work with, and the price was right, and although it is based on the figure that you believe your car is worth or what you have in it, as long as it is within reason, there is no backlash.

[David J]

Checked my policies and the only restriction is 7,500 mi or less but I have that on all but my 2WD pickup . Looks like they treat the old cars the same as new other than requiring an appraisel if over $20,000 . Also they didn't " farm out " the policies on the old stuff . David J

Originally Posted by Hoop

"Interesting info from the bandaged up guy about them farming out policys on old stuff . I will ask my agent ."

What your agent should tell you is that it varies state by state. What they do in WI may be, and most likely is, different than in MI, for example.

State Farm is an insurance company ... an insurer. Hagerty is an agent.

Hagerty does not "insure" anything. They place the insurance with an insurance company, and who they use may also vary state by state. State Farm may or may not insure antique cars themselves depending on the state.

Keep in mind that your State Farm agent most likely deals with insurance in one state only ... and you may be the only antique car client he has.

He is probably taking excellent care of you ... but he really doesn't have to know what's going on in Arizona, Florida, California, etc. to be a great agent in Wisconsin.

For fun, take out your antique car policy and see if you can find any "restrictions" in it. Look for anything about "miles allowed per year" or "must be kept in a locked garage" or "NO pleasure driving" ... as stated by one poster

Lots of folks post on these insurance questions. Nobody does any real checking or research.