Even though this is an older video, classic car insurance is a MUST just as you stated. For both of my classic beauties, I pay a TOTAL of $228/yr for full coverage. I love it. I'm using American Collectors. I'll check into Hagerty in the future
It’s great and all but I’m not someone who would spend $5,000-50,000 on a classic car and not drive it when I feel like, as much as I feel like, as long as it’s mechanically sound. Classic car insurance is a certain no-go for me. But I do see the value for someone who views the car as a “toy”, “collectible”, etc Or like if it’s $80,000 But for me, they are meant to be driven.. any time.
That would actually work, they will give you a set amount of money for what they think the repair will cost, then you take that money to gas monkey and they will repair it. Of course they would charge way more than Hagerty would pay but in theory that would work. And this is the tough part of classic car insurance, their estimator determines the cost of the repair. But its all negotiable.
I looked into this and tried Hagerty which was recommended. I have a 55 Chevy truck with a 350 (~300 hp). In this video at the end he put how much he pays, it was like $278. The video is 6 months old. When I got my quote it was $498. This is close to double what he had and more that 3 times what I am paying now. I called Hagerty to discuss. It really wasn't a discussion of negotiating the cost or reducing it. It was like a take it or leave it conversation. What I am saying is, it seems his numbers are off.
Hagerty insurance sucks. They dropped me because I had 1 claim on my daily driver which wasn't even insured by them. Now I insure my classic car with State Farm, bundled it with my home insurance. They even gave me collision which hagerty didn't.
Question: I have a 89 Turbo dodge caravan classic van that i need to be a daily driver... (its not perfect, yet but have put a lot of $ into it). Whats a main stream Ins Co that will insure for stated value? I have Geico which only insures classic cars older than 1979.
Do any of these companies have a limit on how old the driver has to be? I am currently trying to get a Classic Car (87' Pontiac Fiero) but I'm not sure if companies will let me have that form of insurance since I'm 19.
BIG UPDATE: I have Hagerty as well after American Collector (avoid them at all costs, they REFUSE to repair any classic that is not a 100 point number 1, long story...but ripoff artists). Hagerty is great, BUT... I had three claims in a year, none collision, all comprehensive claims. One was a shop that backed into another car (I farmed out the job since I was swamped and itwas a simple in an out bearing job). Another was a battery thief that didnt get the batteries but tore off an entre panel, and the third was Hagerty themselves that sent a moron to jumpstart the vehicle, and shorted out the batteries.... So because of that, I can't add another car to my police. Now, this weird restriction only applies to the under 30 year cars, i.e. specialty cars. This is one of them, an ultra rare, Ford. So there's that. Grundy doesnt even accept ANY specialty cars at all...so its daily insurance for that car, which is a shame, as well as frustrating. Update: Hagerty is a lost cause. They will screw you over big, ever since their whole EV, ESG push. So, its Grundy (still privately owned, and now owned by Black Rock) but requires a garage. So daily car insurance is it, and just putting money aside for repairs. Hagerty is just disgusting now, hate based, racist anti car people now. I also added a video, piggy backing on Uncle Tony's Garage on the fake Black Ghost car, as well as the National Car Registry hoaxes.
Regular daily driver insurance with collision is what I have on my classic car after Hagerty refused to give me collision and then dropped me because I had 1 claim on my daily driver which wasn't even insured by them.
Even though this is an older video, classic car insurance is a MUST just as you stated.
For both of my classic beauties, I pay a TOTAL of $228/yr for full coverage. I love it. I'm using American Collectors. I'll check into Hagerty in the future
It’s great and all but I’m not someone who would spend $5,000-50,000 on a classic car and not drive it when I feel like, as much as I feel like, as long as it’s mechanically sound. Classic car insurance is a certain no-go for me. But I do see the value for someone who views the car as a “toy”, “collectible”, etc
Or like if it’s $80,000
But for me, they are meant to be driven.. any time.
I have a 1946 mercury eight coupe all original I just inherited its like off the show room floor I was looking into classic car insurance.
Insurance company: oh sorry you crashed your car. What shop would you....
Me: Gas monkey garage
That would actually work, they will give you a set amount of money for what they think the repair will cost, then you take that money to gas monkey and they will repair it. Of course they would charge way more than Hagerty would pay but in theory that would work. And this is the tough part of classic car insurance, their estimator determines the cost of the repair. But its all negotiable.
Haggerty def is my fav
I looked into this and tried Hagerty which was recommended. I have a 55 Chevy truck with a 350 (~300 hp). In this video at the end he put how much he pays, it was like $278. The video is 6 months old. When I got my quote it was $498. This is close to double what he had and more that 3 times what I am paying now. I called Hagerty to discuss. It really wasn't a discussion of negotiating the cost or reducing it. It was like a take it or leave it conversation. What I am saying is, it seems his numbers are off.
Hagerty seems to be getting more pricey compared to other classic insurers
Hagerty was 3x what Grundy cost me.
@@mrman880Yeah. You pay and find out you're not even covered.
Just switched from jc taylor to grundy it was $80 cheaper for a higher agreed upon value. with no mileage limits etc. 1986 buick regal ttype
Hagerty insurance sucks. They dropped me because I had 1 claim on my daily driver which wasn't even insured by them. Now I insure my classic car with State Farm, bundled it with my home insurance. They even gave me collision which hagerty didn't.
I have American collectors on my Vette. I see you’re in NJ. Me too!
I have rented my car for Driveshare.
Been in a Comercial l, photo shoot, music video.
Question: I have a 89 Turbo dodge caravan classic van that i need to be a daily driver... (its not perfect, yet but have put a lot of $ into it). Whats a main stream Ins Co that will insure for stated value? I have Geico which only insures classic cars older than 1979.
Your Camaro is sweet! Great video.
So you pay once a year 278 for insurance?
I used to have Hagerty. I have Grundy classic car insurance now . Hagerty is a bit overpriced.
Same thing for me..
thank you
Hagerty doesn't have my car on their price tool. 1970 vw Squareback
What kind of seat belts do you have on your Camaro?
Original lap belts, no head rests. Death trap!
Wish we could have that option in aus no payment for other drivers fault. Just doesn't happen here.
You didn’t tell us what company you use??
I love Hagerty.
Hagerty was 3x the cost of Grundy.
Dude. If that’s your 68 Rs Ss in the video and you have it insured for 35000 ?? Isn’t it an Al’s swap restomod Like that should be 60k What the F. !
Do any of these companies have a limit on how old the driver has to be? I am currently trying to get a Classic Car (87' Pontiac Fiero) but I'm not sure if companies will let me have that form of insurance since I'm 19.
Should be fine. I got my ‘88 C4 corvette insured though progressive when I was 17.
I got a 92 Camaro RS what would you guys recommend for insurance?
If your car is worth 35k I’ll buy two of them today
Man, that’s a 69 Camaro
BIG UPDATE:
I have Hagerty as well after American Collector (avoid them at all costs, they REFUSE to repair any classic that is not a 100 point number 1, long story...but ripoff artists). Hagerty is great, BUT...
I had three claims in a year, none collision, all comprehensive claims. One was a shop that backed into another car (I farmed out the job since I was swamped and itwas a simple in an out bearing job). Another was a battery thief that didnt get the batteries but tore off an entre panel, and the third was Hagerty themselves that sent a moron to jumpstart the vehicle, and shorted out the batteries....
So because of that, I can't add another car to my police. Now, this weird restriction only applies to the under 30 year cars, i.e. specialty cars. This is one of them, an ultra rare, Ford. So there's that. Grundy doesnt even accept ANY specialty cars at all...so its daily insurance for that car, which is a shame, as well as frustrating.
Update: Hagerty is a lost cause. They will screw you over big, ever since their whole EV, ESG push. So, its Grundy (still privately owned, and now owned by Black Rock) but requires a garage. So daily car insurance is it, and just putting money aside for repairs. Hagerty is just disgusting now, hate based, racist anti car people now. I also added a video, piggy backing on Uncle Tony's Garage on the fake Black Ghost car, as well as the National Car Registry hoaxes.
Regular daily driver insurance with collision is what I have on my classic car after Hagerty refused to give me collision and then dropped me because I had 1 claim on my daily driver which wasn't even insured by them.
@@Robert-mz9hi Exactly.Hagerty keeps doing this and they assume that word wont spread out that they leave car owners high and dry.
Haggerty def is my fav
Yeah I personally think they are the best too. What is your vehicle?
@@AutoGuild 1970 Skylark!