insurance question?, what kind of coverage do you guys have? |
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insurance question?, what kind of coverage do you guys have? |
frankieshooz |
Aug 30 2019, 08:36 AM
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#21
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Member Group: Members Posts: 90 Joined: 23-September 14 From: Mill Valley, CA Member No.: 17,945 Region Association: Northern California |
I'm sorry if this may have been addressed before but cant find any info so I thought I would poll you guys out there..
I'm frustrated that I can't seem to find any company, save one (SafeCO, who have a terrible rating BTW) to insure our older 914 at an agreed upon value for cars that are DRIVEN on a regular basis. This means covering our cars with regular insurance at insurance market value (basically worth nothing). So with all you guys out there with highly modded cars , high end restorations, and just love for our cars what do you do? I tried a bunch but they all said all I could do was trailer the car to shows. They wouldn't cover any situation that meant driving???WTF??? what's the point of having a car you can't drive... I feel, as Im sure many of you do that our cars are worth much more than what the insurance companies assess value at... |
Coondog |
Aug 30 2019, 10:40 AM
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#22
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Advanced Member Group: Members Posts: 2,089 Joined: 24-September 15 From: Apple Valley Calif Member No.: 19,195 Region Association: Southern California |
American collectors insurance 100K policy 562.00 per year.
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burton73 |
Aug 30 2019, 11:08 AM
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#23
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burton73 Group: Members Posts: 3,650 Joined: 2-January 07 From: Los Angeles Member No.: 7,414 Region Association: Southern California |
American collectors insurance 100K policy 562.00 per year. I had American Collectors for years but they would not increase my insurance above $50,000 to agreed value till it was back in Los Angeles in my garage. Hargerty was fine with the car at PMB and kept increasing it as much as I wanted as it is getting finished. We are at $125,000 right now. They look at my build blog to make sure I am not fibbing. The one problem with some people and cars they said it has to be garaged. When I wanted to insure the 1970 4 that I bought they said no even as it was in a locked gated parking area. My 74 V8 car is also insured with Hargerty. All in all, I am very happy with them. Bob B |
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