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Guys with collector car insurance come on in.
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86capriasc



Joined: 12 Nov 2005
Posts: 377
Location: wisconsin

PostPosted: Fri Jun 10, 2011 4:26 pm    Post subject: Guys with collector car insurance come on in. Reply with quote

So I'm trying to set up my policy with Hagerty and they say the 10k value I want on it is too high. They want documentation for that value. WTF, if I'm paying the premium for the value what's the deal? Since I did my own paint work, and all the work on the car how the hell do I prove it?

What are you guys carrying for value?
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1986 ASCMclaren #108
stock E7 short block, explorer intake, 65mm TB, home built Gt45 turbo kit, 3.08s, Borla cat-back, '05 slot maf, Gt-40p heads, TFS1 cam, 80lb injectors, E85, Qaurterhorse tuner.
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shelbyscarab



Joined: 18 Jul 2006
Posts: 1009
Location: The Buckeye State

PostPosted: Fri Jun 10, 2011 5:04 pm    Post subject: Reply with quote

I'm not with hagerty............ but I do have mine insured for $10K. Mine simply asked me what I wanted to insure it for. I'm pretty sure I couldn've gone higher if I had wanted to......
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1988 ASC McLaren #688
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bigzeke42



Joined: 28 Aug 2004
Posts: 311
Location: De Soto, KS

PostPosted: Fri Jun 10, 2011 8:00 pm    Post subject: Reply with quote

Call Grundy ins. that's what I have. Just had to send pictures to them of the car.
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Zeke 86 Eurocoupe
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Kentennis



Joined: 27 Jul 2008
Posts: 865
Location: Hudson, Fl

PostPosted: Sat Jun 11, 2011 1:22 am    Post subject: Reply with quote

I have Hagerty. 14K agreed value. No mileage limitation. No problems yet, since I have no claims! Cost for 3 cars $542.00 ayear. (65 Thunderbird, 80 Corvette L82. and an 86 Maclaren ragtop.
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plumkrazy



Joined: 27 Jul 2005
Posts: 1126
Location: Ann Arbor Michigan

PostPosted: Sat Jun 11, 2011 1:46 am    Post subject: Reply with quote

Hagerty Told them the value I wanted and sent pic's. You should easily get 10k or more.
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svo413



Joined: 29 Aug 2004
Posts: 780
Location: San Mateo, California

PostPosted: Sat Jun 11, 2011 2:37 am    Post subject: Insurance Reply with quote

Like every other company these days the insurance companies have tighten the reins a bit. I have American Modern which I got from Ford in 2004. They had no problem putting my SVO down for $18K, 67 Tbird for $15K, an the McLaren for $10K. A few years ago I tried to raise the SVO to $20-$25K and the balked saying they needed an appraisal for over $20K. I added my 89 LX vert. a year ago and they flat out refused anything over $4.5K. I told them I paid $4.5K. You would think they would just take you money and be happy. Total $269 per year for all.
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Kevin Gold card MCA Judge for Fox Body
85 ASC Vert #612205
88 ASC Vert #542 20,550 miles
84 SVO 24,000 miles, 84 GT Turbo Vert.
03 Mach I, 89 LX Vert, 74 Mustang II
14 CA Special, 69 Mustang coupe, 07 GT500
67 T-bird, 15 F150 Tuscany, 16 F250


Last edited by svo413 on Sat Jun 11, 2011 10:52 pm; edited 1 time in total
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Sandy



Joined: 26 Aug 2004
Posts: 6205
Location: Northern New Jersey GSP Exit 148

PostPosted: Sat Jun 11, 2011 2:40 am    Post subject: Reply with quote

GRUNDY !!!!!!!!!!!

GRUNDY CLASSIC CAR INSURANCE.COM


TEN THOUSAND

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Sandy passed away in 2012. He will be forever missed.

1990 Final Car prior to the 12 Silver Anny Editions
1990 Silver Pearl Anny Edition
1986 Coupe Full Pkg #109 of 114.

http://public.fotki.com/ascmclaren/ascmclaren_capris/sandys_mclarens/
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hanksgt



Joined: 05 Sep 2004
Posts: 206
Location: Phoenix

PostPosted: Sat Jun 11, 2011 2:58 am    Post subject: Reply with quote

I'm with Heacock (MCA sponsor) and they valued my '89 at 15K. I pay $250/year in Phoenix.
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Hank
Phoenix
'89 ASC #176
'87 ASC #134
'85 GT
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86capriasc



Joined: 12 Nov 2005
Posts: 377
Location: wisconsin

PostPosted: Sat Jun 11, 2011 3:07 am    Post subject: Reply with quote

I'm waiting to hear back from Grundy now too. They are actually cheaper anyway. I just don't understand the issue, it seems everyone carries the same kind of agreed value that I want yet they are questioning it. I have sent pics of the car with the new paint. I did have a car dealer-collector-body shop owner appraise it today for 10k.
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1986 ASCMclaren #108
stock E7 short block, explorer intake, 65mm TB, home built Gt45 turbo kit, 3.08s, Borla cat-back, '05 slot maf, Gt-40p heads, TFS1 cam, 80lb injectors, E85, Qaurterhorse tuner.
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86ASCCoupe20



Joined: 31 May 2010
Posts: 225
Location: New hampshire

PostPosted: Sat Jun 11, 2011 12:02 pm    Post subject: Reply with quote

Mike, maybe they mean the apparaisal which you just got done? Im going to be in the same boat.
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Stan
1986 ASC Mclaren coupe #20 of 114.
Black with gray interior and stripes.
65,227 miles. Pop up sunroof car.
302 5 speed.
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tfs2121



Joined: 29 Aug 2004
Posts: 1825
Location: Commerce, MI

PostPosted: Sat Jun 11, 2011 6:19 pm    Post subject: Reply with quote

hagerty here 10K agreed value. no questions once i sent pics.
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~Peter
1985 ASC McLaren Coupe
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Sandy



Joined: 26 Aug 2004
Posts: 6205
Location: Northern New Jersey GSP Exit 148

PostPosted: Sat Jun 11, 2011 7:30 pm    Post subject: Reply with quote

I have the 3 ascMcLarens AND my 1993 Fleetwood Sixty Special **- each at $ 10,000 if total loss for $ 1,000.00 @ year premium.
I have never made a claim. I have now been with them 8 years.
They have never raised my premium. They have made $8,000 on me & that is A-OK with me. Better they make money, than I get a check !!

** http://www.smatarese.com/forum/sandy/
_________________
Sandy passed away in 2012. He will be forever missed.

1990 Final Car prior to the 12 Silver Anny Editions
1990 Silver Pearl Anny Edition
1986 Coupe Full Pkg #109 of 114.

http://public.fotki.com/ascmclaren/ascmclaren_capris/sandys_mclarens/
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ChuckG



Joined: 07 Apr 2009
Posts: 531
Location: Ann Arbor,MI

PostPosted: Sun Jun 12, 2011 12:29 am    Post subject: Reply with quote

Miserable experience with Hagerty. I used to deal with Parrish (GREAT people!) and Hagerty bought them some years back.

Told them I couldn't remember if my nearly three year-old (and ready to drop off) five-over ticket was April or May and instructed them to check my driving record to which they agreed and said "close is okay".

Three years later, I had a small $300 claim on my old Corvette and they denied it, stating I "lied" on my application, so they refunded all my paid premiums.

Okay, fixed the damage with the $1300+ refund check AND sicced the Michigan Insurance Commission on them. See, they're based here and subject to the State...

I used to take my (laminated) letter from the State explaining their findings Hagerty acted in "bad faith" and improperly, to car shows and display it in my window--always parking as close as possible to the Hagerty tent....

Many fine choices: Hagerty is NOT one of them.
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Indiana,Dave



Joined: 11 Jan 2009
Posts: 68
Location: Indiana

PostPosted: Mon Jun 13, 2011 2:05 am    Post subject: GRUNDY INSURANCE Reply with quote

grundy grundy grundy, I SENT PICTURES ,the COUPE is insured for 25k . I wouldn't take a penny less for a 30k mile car with original paint! :lol: :roll:
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ckj



Joined: 02 Dec 2006
Posts: 291
Location: Arizona

PostPosted: Wed Jun 15, 2011 9:32 pm    Post subject: Reply with quote

I have had hagerty w/ agreed value at 12k and it was 230 last year and now it's gone up to 360 to renew in July. It seems hagerty removed some sections from the new policy but doesn't print in the updated version what's removed. I'm going to be looking at Grundy shortly.
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