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classic car insurance

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healeyguy

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You guys hve not steered me wrong yet. Who out there provides a good classic car isurance for a good driver, father and daughter drivers, not more than 5000 miles per year? thanks Guys
 
We've got ours on Hagerty. We've never had a claim, but from what everybody says, they are really fair and quick to settle. I know that there are a couple of other good ones out there, I'm sure more folks will be coming along soon with some suggestions.

Larry
 
I use RALLY CLASSIC CAR INSURANCE....one of my patients works for them . They have some great policies, some allow you to drive your car to work several times a week. Ditto: Have not had a claim..prices on my Healey and Jag for stated value....very reasonable.

Pete
 
Hi I use J.C. Taylor . However I have never had a claim so I do not know how efficient they are. OTOH for the number of cars I have insured they are very reasonable.---Fwiw--Keoke
 
We have the 35 Ford 5 window coupe insured by Grundy. They settled completely and efficiently when my wife hit a deer. The car is insured for an agreed upon value and it's driven less than 5000 miles a year. The Healey and Mini Cooper will both be insured by Grundy once restoration is complete.
 
Attended the Texas Healey Round-Up and ran into a friend who has his cars insured by JC Taylor. He mentioned he had a claim and JC Taylor payed him directly, not to the body shop. He only needed one estimate too.
 
I use Grundy (underwritten to: Philadelphia Indemnity Ins Co. according to my insurance card). Haven't had a claim and pray I never do.

Insured for agreed value (had to send some pictures) and I didn't elect the mileage restriction, so that made it a little more. Still cheaper than my "regular" car's insurance policy.
 
I have used J C Taylor for several years. They actually place the coverage with Foremost Insurance, a subsidary of Farmer's. I recently had a claim. An uncoming truck/trailer filled with gravel spilled some while traveling around a bend in the road. Unfortunately, I was coming the other way around the same bend. My Healey was pelted with gravel resulting in a half dozen dings to the paint on the shroud and both fenders, a cracked windshield, and several dings to the windshield frame requiring rechroming. I am having a British car specialist do the repairs, but was amazed that the damage was almost $3500. Foremost Insurance, has paid for the repairs and have been a pleasure to deal with. I sent them the estimate and some photos of the damage. They immediately issued a check.
 
--- :savewave:
This is something that Charlie mentioned above and I believe needs to be addressed in this discussion. I believe that the policy holder has the right to receive the Payment direct. If he is holding the money he will get what he pays for. Some shops will do all the paperwork as like its a favor to you what they have buried in the paperwork you sign off on is authorization to get the funds up front and direct, so be on your toes if you have a claim.-Fwiw--Keoke
 
the only problem I have with Hagerty is they require a "daily driver" for every person with a driver's license in the household. When you live in a place like San Francisco (as I used to) this becomes very impractical.

Also, now I live overseas so insuring my 100 in California, Hagerty won't do it because I don't have a daily driver, which I clearly don't need.

Do any of you know who won't care about these silly "daily driver" rules? I'd love to know, been insuring through State Farm but I am tired of paying the $1,500 a year for premiums for my 100 that I drive maybe 500 miles a year.
 
I do not know for sure about your uniqe situation Alan. There are some differences in J. C. Taylor's requirements compared to those you have stated. You might try J.C. Taylor and see what they say??--Keoke
 
Hagerty.
 
mjobrien said:
Using Heacock on my 55 BN1.
Click to expand...
Ditto, Heacock here too.

I chose Heacock because at the time, my Healey was in Florida being painted and was about to be (commercially) transported back to Ohio. I wanted coverage on it before it left the shop, and Heacock happened to be located in the same Florida town (Lakeland) that both the paint shop and Paul Tsikuris' restoration shop was in. I expected that they'd want to see the car, and I didn't even have pictures of its current state yet.

I'm still claimless, knocks on wood, but their annual premium hasn't gone up in five (5) years (knocks on wood, again) and is still $250.00 annually.

Besides, Ford Heacock used to vintage race a Healey 100.
 
healeynut said:
Do any of you know who won't care about these silly "daily driver" rules? I'd love to know, been insuring through State Farm but I am tired of paying the $1,500 a year for premiums for my 100 that I drive maybe 500 miles a year.
Click to expand...

Yes, the insurance underwriters came up with that. The reason is that the classic car insurance polciy could be called to respond on an uninsured motorists loss or and excess bodily injury loss and are not priced to take that risk into account. This is the reason the classic car policies are so inexpensive. As an example say you do not have a daily driver policy and you or a family member are injured in an accident in a friends vehicle and the policy of the at fault party does not have enough limit to pay for your injuries, then you can file a claim against your own policy for payment. Also, should you be driving a friends car and get into an accident and that car does not have a limit high enough to pay a claim, then your classic car policy could be called upon to pay the claim on an excess basis. Again, not priced to take this risk into account.

And yes, you guessed it, I am an insurance agent.

Hagerty has mine.
 
I use American Collectors Insurance. Great service so far and VERY reasonably priced for my 1960 BT-7 and my 1970 Mini Cooper S
 
I use Hagerty's for my Healey and TR-6. Used to use JC taylor but never had any claim. I switched because Hagarty's is much more lienient on using the car for some nice drives on a good day. Still have restrictions on how much they are to be driven for fun, but much more than JC Taylor. They even encourage my 17 year old daughter to drive them, the TR that is, not my Healey, so the younger generation will get involved in the classic car hobby.
 
Steven, maybe you can answer this question for me. A few years back I inquired about insuring my 1960 AH BN7 car through Hagerty. I applied online and they denied my insurance because I answered this question;
"would you use your classic car in an emergency?" I answered of course I would. I was denied for that reason alone.

Personally, I feel if I have a family emergency where no other vehicle was available I most definetly would use my AH to take someone to a hospital.

How do you feel?
 
Even if it isn't a family emergency, say you come across an accident while driving. We have places around here with no cell phone reception so you can't call 911.
 
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