I use Grady (?) but I'm restricted to about 2500 miles per year. Guess the real answer is whether or not your ride is a daily driver or not. for an agreed value of $7,500, 300,000 - 100,000- 100,000 policy I pay under $100 per year.
The classic insurance companies have gotten very restrictive on how you can use the car. I was going to switch to a classic policy but didn't like not being able to use the car for pleasure use whenever I wanted to without worrying about a claim being denied. I don't own my cars to leave parked in the garage all the time, I own them to use them when I want to.
Ive had plenty of classic cars. I dont use any of the classic insurers due to all the fine print and restrictions. All mine were insured with State Farm...who have classic insurance themselves. Most were valued at around $30K and insurance was $100-$200 a year full coverage Agreed Value.
Check out JC Taylor. Look at the online application pdf and calculate your cost. Very reasonable rates and minimal restrictions. Underwritten by Foremost Ins..
[This message has been edited by Kevin87FieroGT (edited 06-17-2014).]
I have mine with Grundy. I think I have my replacement value between $5,000 - $7,000 and it only costs me about $130-some/year. They do not have any mileage restrictions, as long as it is only used for pleasure. They do, however, say that the car is to not be used as a daily driver, secondary vehicle, or used to commute to work.
[This message has been edited by wirthy (edited 06-17-2014).]
I have mine with Grundy. I think I have my replacement value between $5,000 - $7,000 and it only costs me about $130-some/year. They do not have any mileage restrictions, as long as it is only used for pleasure. They do, however, say that the car is to not be used as a daily driver, secondary vehicle, or used to commute to work.
I also have Gundy. For three Fieros $480/year. The "restrictions" are cars to be stored in a garaged and you are to use them for pleasure. I took my 87 GT to the Dells from Florida, 3000+ miles in 8 1/2 days. I have a daily driver for routine use.
Ive had plenty of classic cars. I dont use any of the classic insurers due to all the fine print and restrictions. All mine were insured with State Farm...who have classic insurance themselves. Most were valued at around $30K and insurance was $100-$200 a year full coverage Agreed Value.
Roger...Great information!...expect no less from you though...going to go speak with StateFarm tomorrow...since BluDrm would need to be around the same value.
I would suggest using CHROME which was on the Power Tour back in 2012. It has been really great, although I haven't made any claims ever. Their website is http://www.anpac.com/classic-car-insurance/
I had my car appraised for $150 and have a complete folder and booklet for my car that I emailed to CHROME. It was insured as a 1.8 and total appraised value was $30,000. I pay $25 a month and that value is agreed value. Anything that happens to the car, I get that total value back. My deductible is $1,000 but I don't plan on making any claims ever.
When I looked at JC Taylors website it said collector cars were only covered for club activities and parades, that's way too restrictive for me. I like to drive my Fiero's at least once a week on a pleasure drive thru the Ocala Forest and sometimes drive them into town to the store.
Wow, thanks for all the great input. I'm going to put my wife on it…..she is a relentless shopper "tenacious" to say the least. I'll keep you all posted on my findings.
When I looked at JC Taylors website it said collector cars were only covered for club activities and parades, that's way too restrictive for me. I like to drive my Fiero's at least once a week on a pleasure drive thru the Ocala Forest and sometimes drive them into town to the store.
Read the site carefully and in total. I think you will find they allow you to drive all you want just not for work, school or everyday daily driver. You might also call the office to get the details from them personally.
Another nice thing is you know exactly how much it will cost for the coverage you want as you fill in the application form, no secret pricing scheme. Agreed value like all the others.
I had Grundy and saved a bunch with JC Taylor with greater coverage. No claims experience with them yet over the 4 years. Also they don't automatically jack up your coverage yearly based on some inflation factor, that's up to you to do. All good.
[This message has been edited by Kevin87FieroGT (edited 06-18-2014).]
I have Fremont Insurance with full coverage on vehicle. It is insured at the appraisal value. The appraisal came out to $6500. Ike has an appraisal company based out of Jenison Michigan. His expertise is Corvettes. He did a fair appraisal on the 88 and when it was hit, Fremont stepped to the window and delivered as promised. After experiencing the total situation with the 88 I highly recommend Fremont. You get what it really is worth not what Craigs list or ebay has for listings. At first I thought Ike was high with the appraised value of the 88. But when it came time to replace it, he was spot on the value.
I had Grundy and saved a bunch with JC Taylor with greater coverage. No claims experience with them yet over the 4 years. Also they don't automatically jack up your coverage yearly based on some inflation factor, that's up to you to do. All good.
I told Grundy to turn that "inflation guard" off and they did.
When I looked into Haggarty and Grundy years ago about my cars. I asked very specific questions like could I drive it to take a date out for dinner (pleasure driving). They said absolutely NOT. ONLY to car events, club meetings, and parades. Not even allowed to drive it to a garage for service...had to be trailered. Absolutely no Sunday pleasure drives (unless to an event). Thats why I ran away from all of them. Mile limits didnt work either, going to lots of shows in the summer, I put up to 1000 miles a week on one. I put 100,000 on my Ferrari kit in 7 years, 28,000 on my SuperBee in 4 years 150,000 on one of my SLs in 11 years.
Remember where you live/drive, your age, etc will affect cost so Posts above comparing X co means little. Many w/ low rate because of age etc.
I have Fiero on SFarm <$400 but I'm over X age, short drive to work, have house policy, and so on.
If I move to another state then the price will go up/down even when everything else is same.
Sadly yes "Collector" insurance, sim to many State historic etc tags, Limits driving. You need to read restriction first before you sign.
------------------ Dr. Ian Malcolm: Yeah, but your scientists were so preoccupied with whether or not they could, they didn't stop to think if they should. (Jurassic Park)
When I looked into Haggarty and Grundy years ago about my cars. I asked very specific questions like could I drive it to take a date out for dinner (pleasure driving). They said absolutely NOT. ONLY to car events, club meetings, and parades. Not even allowed to drive it to a garage for service...had to be trailered. Absolutely no Sunday pleasure drives (unless to an event). Thats why I ran away from all of them. Mile limits didnt work either, going to lots of shows in the summer, I put up to 1000 miles a week on one. I put 100,000 on my Ferrari kit in 7 years, 28,000 on my SuperBee in 4 years 150,000 on one of my SLs in 11 years.
No, called yesterday just for shitz and giggles. Same questions using my Ferrari kit as reference...can I take it out for a Sunday cruise or out on a date. Grundy....Nope.
True in most cases...but you dont want to find out when you have a fender bender and they refuse the claim... I ask questions in advance about everything that isnt absolutely clear. Ive found most insurance companies dont exist to try and get your car fixed, they try to find a way they can get out of paying your loss.
No, called yesterday just for shitz and giggles. Same questions using my Ferrari kit as reference...can I take it out for a Sunday cruise or out on a date. Grundy....Nope.
I filled out Grundy's online quote form and printed out the policy application last Friday. This is for an agreed value $6000 policy on my 85 GT with 2500 to 5000 annual mile allowed to be driven. Each household driver has to have a daily driver insured elsewhere. The conditions stated on the policy are that the car only be used for car club meetings and car events and occasional pleasure drives. That is fine for what I use the car for. Premium will be $118 a year with $300,000 iliability
That part about 'occasional pleasure drives' is what made me question them. That alone is not very clear...and I asked to clarify it. Occasionally is just too indefinate / subjective. Is that once a week, once a month...20 miles, 100 miles....? If you can take a girl out on a date in it, or go on a little country roadtrip, that apparently depends on where you live. You can, I cant.
I guess it does vary by State and location, although I didn't ask them specifically if I could use it for dining out. I did notice that Hagerty actually sponsored a classic car rally that was from New York all the way to the Villages here in North Central Fl.
That part about 'occasional pleasure drives' is what made me question them. That alone is not very clear...and I asked to clarify it. Occasionally is just too indefinate / subjective. Is that once a week, once a month...20 miles, 100 miles....? If you can take a girl out on a date in it, or go on a little country roadtrip, that apparently depends on where you live. You can, I cant.
You really need to move dude. I have seen many threads about how bad your neighborhood is anyway.
American Modern Home Insurance is the cheapest. Limited to 5,000 miles per year and pleasure use only but only drive the cars 1000 miles per year as I do not want to destroy the condition.
------------------ " THE BLACK PARALYZER" -87GT 3800SC Series III engine, custom ZZP /Frozen Boost Intercooler setup, 3.4" Pulley, Powerlog manifold, Northstar TB, LS1 MAF, 3" Flotech Afterburner Exhaust, Autolite 104's, MSD wires, Custom CAI, 4T65eHD w. custom axles, HP Tuners VCM Suite. "THE COLUSSUS" 87GT - ALL OUT 3.4L Turbocharged engine, Garrett Hybrid Turbo, MSD ign., modified TH125H " ON THE LOOSE WITHOUT THE JUICE "
American Modern Home Insurance is the cheapest. Limited to 5,000 miles per year and pleasure use only but only drive the cars 1000 miles per year as I do not want to destroy the condition.
You really need to move dude. I have seen many threads about how bad your neighborhood is anyway.
It WAS one of the best in the city till the undesirables moved in and brought all their crime and crap with them. Ive been trying to get rid of this place for years now and dont even get offers for a1/4 of what it cost 30 years ago. I already have 2 other places, one out of the country. Its entirely possible some of the insurance crap IS due to the neighborhood as it is now. But then my State Farm coverage on my houses and cars is pretty cheap compared to others. The closest comparable coverage on my motorhome for example was 3-4 times what SF charges and its parked at the bad property $200 @ year vs $650 for less coverages. SF even pays for rental car and motel in case of a breakdown. Soon as they opened a low cost apartment complex on the outskirts, crime jumped by hundreds of percents within a year. Now its 1000 times higher than 10 years ago and almost all the ones arrested (or described) are from those and other infected areas that have popped up all over.
American Modern Home Insurance is the cheapest. Limited to 5,000 miles per year and pleasure use only but only drive the cars 1000 miles per year as I do not want to destroy the condition.
I buy and build cars I ENJOY just driving. I wont own a car I cant drive whenever I want. Like I said, I drove my show cars 1000 miles in a week or two. I used to do like a show one day in Cinncy, that same nite in Wheeling, next day in Ft Wayne, and another day or two at other cities around the state like Cambridge, Lima, Toledo. That was a typical summer week.
Three collector cars on that policy. 300-500 liability + fire and theft. $158.00 year.
------------------ " THE BLACK PARALYZER" -87GT 3800SC Series III engine, custom ZZP /Frozen Boost Intercooler setup, 3.4" Pulley, Powerlog manifold, Northstar TB, LS1 MAF, 3" Flotech Afterburner Exhaust, Autolite 104's, MSD wires, Custom CAI, 4T65eHD w. custom axles, HP Tuners VCM Suite. "THE COLUSSUS" 87GT - ALL OUT 3.4L Turbocharged engine, Garrett Hybrid Turbo, MSD ign., modified TH125H " ON THE LOOSE WITHOUT THE JUICE "
I ask questions in advance about everything that isnt absolutely clear. Ive found most insurance companies dont exist to try and get your car fixed, they try to find a way they can get out of paying your loss. 
