I'm looking into buying a 25 year import. I started by calling the Hagerty number on the back of my GRM issue, and I have that quote. I also called my current insurer, Geico, and the independent agent nearest my house.
Compared to Geico, who made me hold, transferred me, and then hung up on me during the quote, and compared to my nearest agent, who is two business days into preparing the quote, Hagerty did really well. Actually, it's a really good quote.
I'd like to get at least one more.
Any suggestions from the hive?
If it matters, I'm in IL.
Lockton, if you have a squeaky clean driving record.
I went hagerty though, one frikken ticket in Virginia for 6 over...
I would like this to be relevant to my interests, because I still have thoughts of a UK-sourced M3 or an English Ford swimming through my head.
I have had Hagerty for the better part of the 6 plus years I've owned my 89 Delica. They wouldn't insure it originally, but shortly thereafter they called me to ask if I still wanted to insure it with them. I've used Hagerty for the better part of 15 years or better now with all of my classic stuff. I love em.
02Pilot
UltraDork
1/31/21 7:10 a.m.
Hagerty for like 20 years on my 2002. One small claim with no issues, reasonable rates, and CS people who seem competent (at least ones I've talked to).
One of the local autocrossers has Hagarty so he can get coverage for towing his trailer.
AAA wanted him to leave this on the side of the road when he needed a tow for his van. Unattended, on an open trailer!
Hagerty still requires a locking garage for coverage dont they?
MrChaos said:
Hagerty still requires a locking garage for coverage dont they?
Nope. They have provisions for just normal driveway parking or carports. Premium is a little higher, but still way cheaper then conventional. I have Hagerty on my 67 titled Lotus Seven and on my 88 Samurai.
I went with plain old State Farm for my 67 LeMans, but the plan is to drive the whiz out of it. Every state and insurance company is a bit different, but I found that classic car insurance is incredibly limiting. I would basically only be able to drive it to shows, but if I had a claim while I was at the grocery store or work, no bueno.
Just saying to read the fine print and make sure the insurance coverage matches your intended use of the vehicle.
Is it going to be a collector car with limited miles driven, or a daily driver? For collector cars Hagerty is one big name but there are a number of others. I have my old cars insured with American Collectors Insurance; I haven't had any accidents so I can't say for sure how well they would respond, but their prices are good and the amount of driving allowed is pretty liberal.
From my own experience - the big names in "regular" insurance often don't want to insure weird stuff, like recently imported cars or motorcycles. That might be one reason the gecko may have just hung up on you. I've had that issue with a few motorcycles I brought with me from the UK, even though in one case the exact same m/c (less some mods) was sold in the US.
I've been a Hagerty customer for 13-14 years, first in the UK and then the last decade in the US. I've never had a claim with them, so I can't comment on that. Rates seem fair and a lot of the CSR seem to be enthusiasts as well. I haven't really felt the need to call any of the other specialist insurance companies, but if I did, Grundy and American Collectors would be the ones to call. That is, if you are trying to insure the car as a collector vehicle and not a daily. IME it's not that hard to insure even the weirdest import or kit-ish car with the usual suspects for classic insurance, but they won't insure it as a daily.
In reply to dyintorace (Forum Supporter) :
Indeed! I've been lucky to get to know him, and occasionally compete against him in ES.
This is great info everyone, and thanks for replying.
To answer a few questions:
1. All of my risk factors as a driver are pretty darn good. No tickets or any of the other problem areas that can impact rates. Same for the spouse.
2. I'm only putting a few hundred miles a year on my current appliance. We're going to one appliance and one specialty car. That does mean that there isn't at least one non-specialty car per licensed driver. Hagerty didn't seem to mind, or have any restrictions, but indicated they'd prefer miles annually be under 5000. That's no problem at all for my usage. That said, if it's a rainy Wednesday evening, and I need to get dog pills, takeout pizza, and an HVAC filter, I certainly could take this car, and need to be covered.
3. I have a non-climate-controlled, private locking garage of fairly recent construction. Security camera and motion detector lighting.
4. I did ask about road trips. The Hagerty rep said it shouldn't be a problem, but suggested I give them a heads-up to review coverage if I'm going to do a short term drive that really spikes my mileage, just to review coverage.
5. The suggestion that I read through the policy is well said. The Hagerty rep seemed really laid back, which isn't how I think of insurance.
Apexcarver said:
Lockton, if you have a squeaky clean driving record.
I went hagerty though, one frikken ticket in Virginia for 6 over...
Do you have a link for Lockton? I found a motorsports insurance company who seems to do only on-track insurance and off-track coverage against damage to non-licensed vehicles. I found another Lockton that seems to be a huge international underwriter that didn't look at all consumer-y.
fatallightning said:
MrChaos said:
Hagerty still requires a locking garage for coverage dont they?
Nope. They have provisions for just normal driveway parking or carports. Premium is a little higher, but still way cheaper then conventional. I have Hagerty on my 67 titled Lotus Seven and on my 88 Samurai.
The rules on garage vary by location. Hagerty would not sell me a storage/transport/paddock policy on my non-street M3 because they required garage storage in California.
