SPECIALTY INSURANCE

[popo8]

Ok, I thought we had a thread about specialty insurance....

But I cant find it... so a quick question to anyone with specialty insurance experience...

Who are you using that is the least hassle.... My Camaro has about 30-35K worth of investment, and its time for me to have it insured for close to what I have into it....

Lemme know please... and a little insight to any hoops you may have had to jump through, if applicable.


Thanks in advance...
Larry

[HAND HERPES]

My Dad has Hagers (I think, spelling might be way off, I forget exactly what it's called), he has no problems with them and it's insured for 25-30 I think.

[Fastbird]

Hagerty. I'm looking into them as soon as I get out to IN.

[HAND HERPES]

Hagerty. I'm looking into them as soon as I get out to IN.

Yeah thats it lol, they are really cheap too.

[chile]

Popo did you bug my brain cuz I was just thinking the same thing. I was leaning more towards racecar insurance.

[Paules94z]

I had Hagerty, had my 94 camaro insured for an agreed value of $20k, they only required three pics of the car, must be garge kept, and can't be used for daily driving to work or racing on the track. Very affordable, I think it was like $350-400 a year. Also check out Grundy.

[popo8]

3 pics and agree to the stipulations above? What about build or part reciepts?


Larry (Popo8) Co-owner
LTXtech.com

[casey20000007]

Hagerty denied me bc you can only have one wreck on your record I have 2 but they go back 5yrs instead of 3 so I have one more year b4 I get that wreck off


SMOKE TIRES NOT DRUGS

[casey20000007]

Popo did you bug my brain cuz I was just thinking the same thing. I was leaning more towards racecar insurance.

Racecar ins.? Didn't know ppl had that kind lol


SMOKE TIRES NOT DRUGS

[popo8]

Hagerty denied me bc you can only have one wreck on your record I have 2 but they go back 5yrs instead of 3 so I have one more year b4 I get that wreck off


SMOKE TIRES NOT DRUGS


Ok, thats good to know. I dont want to jinx myself, but I have not had a crash in a long time (with the exception of a few deer with the patrol car).

[jaysz2893]

Larry,

I got hagerty a few years back. My car had one reportable accident to State Farm and Hagerty was fine. They asked for 2 ext and 1 int shot due to my appearance mods etc... I covered it for $15K and pay $400 a year for full 0 decuct coverage. They will ask about your DD and if yout Camaro is garage kept. No milage restrictions on the Camaro and I went with the platinum roadside protection which also covers my DD. I was able to drop that of my regular insurance and save a few bucks. Grundy has gotten alot more leinant latley and they offer packages that bundle your collector car with your DD's and even toys (like bikes, rv's etc.) They wouldnt touch my car a few years ago because it was not stock. Both will cover you from "hot pit to hot pit" but no one will cover you while you are racing...just part of the game.. My neighbor has 28 cars with Hagerty and has had a few claims and said they are great to deal with. My folks have 4 with Hagerty and are very happy. My buddy with the 99 FRC vette has Grundy and is happy too, but his vette is 100% stock and NCRS ready. I would contact bith and see, cant go wrong wither way.

[HAND HERPES]

I think it needs stock rims. My Dad had to borrow stock SS rims to get his insured. After he took the pics, he just swapped the rims back.

[96LT1355Z28]

I've looked into racecar insurance but like said above they don't cover the car on the track. Just in the pits and in transit on the trailer. My DD insurance covers the trailer and it's cargo so the only time I'm not covered is at the track (liabilty only). The insurance that covers on track coverage will not insure it on the street. They said if it has registration to be on the street they can't cover it. I found another company that said they will do on track and on the street insurance, I'm waiting on their quote but i have a feeling it's gonna hurt!

[chile]

So hagerty won't cover you on the track but every where else.

[jaysz2893]

I think it needs stock rims. My Dad had to borrow stock SS rims to get his insured. After he took the pics, he just swapped the rims back.
I had my zr1s on in the pics i sent them. If i ever want to register the car in DE as a classic it needs to be 25 years old and stock appearing..


So hagerty won't cover you on the track but every where else.
Yes, all insurance companies cover you on the road, but at the track you are on your own.. had a friend bite it at Delmar once and he was effed..

[chile]

Sorry Larry for kinda hijacking this thread. But here is my situation. My caprice has lot of work done to it. Mostly performance. I'm gonna race it but I am gonna drive it around. The problem I have is that my car is too new. Its a 94. It will get towed to most event unless its really close. Its still currently under regular car insurance. So should I get different insurance of stick with mine. Thanks

[jaysz2893]

Sorry Larry for kinda hijacking this thread. But here is my situation. My caprice has lot of work done to it. Mostly performance. I'm gonna race it but I am gonna drive it around. The problem I have is that my car is too new. Its a 94. It will get towed to most event unless its really close. Its still currently under regular car insurance. So should I get different insurance of stick with mine. Thanks

Its not too new. My 1993 qualified. Give a few collector car insurance places a call. If is just going to be a toy and not a daily they may take it on. You will have to give em an idea of what you want , but The value will be determined by them.
Sent from my ThunderBolt using Tapatalk 2

[popo8]

Sorry Larry for kinda hijacking this thread. ...


No sweat man... Im learning as well.

[chile]

So i did a quote at hagerty and it was 400/year but the catch is you have to pay in full right away. but it still looks good.

[popo8]

Did u actually speak with someone...or is there another way to get a quote?


Larry (Popo8) Co-owner
LTXtech.com

[chile]

I did it online.

[popo8]

Cool..
headin there now


Larry (Popo8) Co-owner
LTXtech.com

[popo8]

Ouch... 806/yr...

Guess i need to do some fine tuning....need my current polocy to fig out what i need....


Larry (Popo8) Co-owner
LTXtech.com

[chile]

ouch maybe you might want to call them.

[popo8]

ouch maybe you might want to call them.

Yeah...my first prob was the $O.00 deductable... I couldnt change it to my current 250/500.... But...i currently have higher coverages....so we will see....


Larry (Popo8) Co-owner
LTXtech.com

[Camaro_94]

I was able to get collector car insurance on my NHRA Formula through State Farm. $300/yr.

I tried getting a similar policy with my z06 but had no luck. Guess the NHRA formula is a more special car. lol

I tried haggerty and Barrett Jackson's company, but I'm not old enough. I'm 22 and I guess they want you to be 25.

[popo8]

I was able to get collector car insurance on my NHRA Formula through State Farm. $300/yr.

I tried getting a similar policy with my z06 but had no luck. Guess the NHRA formula is a more special car. lol

I tried haggerty and Barrett Jackson's company, but I'm not old enough. I'm 22 and I guess they want you to be 25.

State farm is great and they said they would take into consideration all of my mods...but they would NOT cover it for the 30-35 k I have invested.....

[jaysz2893]

State farm is great and they said they would take into consideration all of my mods...but they would NOT cover it for the 30-35 k I have invested.....
State Far is still my coverage for my house and my daily's. They screwed up big time when I ran the camaro into the ditch avoiding a worse accident. They "steered" me into the direction of a shop that did shitty work, then threatened to total the car for $3.5K in damages. I know I could have taken it to any shop, but the shop they recommended was supposedly very reputable. THe car at the time was still 99% stock and had 41K miles. The adjuster assigned to my case did not give a crap about the car, he thought it was just another 4th gen camaro.. the shop owner was just as bad. When I took it back for a run and cracks in the clear and a crack in the bumper that wasnt fixed right the shop owner harrased me and I almost called the cops but a shop guy there who was cool and trying to help all along got me my car and I left. State Farm finally gave in and paid me for my inconvience and gave me a new OEM front bumper but then wanted me to have the same shop do the work becasue "they smoothed things out." needless to say the bumper is going on when I paint the car this spring. Hagerty and Grundy and the like def tak into account our passions, or time, and our dedication to our car and that is why they can do the agreed value so cheap. It is a calculated gamble for them casue they know we care about our cars and they are not driven all the time.

[FSTFBDY]

I've looked into racecar insurance but like said above they don't cover the car on the track. Just in the pits and in transit on the trailer. My DD insurance covers the trailer and it's cargo so the only time I'm not covered is at the track (liabilty only). The insurance that covers on track coverage will not insure it on the street. They said if it has registration to be on the street they can't cover it. I found another company that said they will do on track and on the street insurance, I'm waiting on their quote but i have a feeling it's gonna hurt!


yellowbullet it down right now but when its back up I'll get ya a link to a post from Bill Lutz.
he does race car ins. , etc.. on track, off track , in your garage , etc...
He will do it based on how much coverage you want , etc....

quote
bill@lutzracing.com -- is his email
-------------
here you go his name is bill lutz

Quote:
OK guys and gals this needs to be a sticky so nobody can say they didn't know you can buy insurance for your race car. I'm going to lay everything out on the table to try and help everyone understand how this works.

1) Bisa insurance and I are the same company when it comes to insuring race cars. Bill Flake, Mike Flake and I are in business to write race car insurance for racers and Bill and I felt it made great business sense to bring me into the picture being that I'm a heads up racer and well known in our world of drag racing plus I write insurance for a living which is a win win when it comes to selling the policies and understanding the policy inside and out.

2) I consider myself extremley easy to get in touch with from my office phone 614-861-3100 to my cell 614-989-4168 or email raceins@coiservices.com and of course by PM but that fills up real quick.

3) If you have our insurance your car is covered while racing down the race track, in the pits, while being transported to and from the race track and while being stored against COLLISION, FIRE, THEFT AND PLAIN STUPIDITY. Our policy comes with a 2500 deductible and we cover up to 100K in value. 1 cylinder head costs more than a 100K policy so price should not be the deciding factor. If your willing to have 25 to 100K in your car can you afford not to have it insured? I know there is no in hell I could rebuild mine it I totaled it.

4) We also cover the vehicle in the other lane for 50K in the event you hit it or if you cause damage to another vehicle at the races.

5) We want nothing to do with vehicles on the street..

6) We can cover your trailer and everything inside it from tools to spare parts.

7) We'll pay money for winner and r/u @ NHRA, NMCA, ORSCA, ADRL , NMRA, True Street Racing, Norwalk, Milan, ORTC if you win on Sunday the check is in the mail on Monday. Just email me with what race you won or runner up at and the check is in the mail.

This is a 12 month policy but if you don't race for 5 months a year like I do then you can remove the on track insurance but still have the storage and transportation insurance during the off months.

9) We take all forms of payments from CASH, CHECK, CC and monthly payments with a down payment for anything over 1500 in premium.

10) We can write the insurance at the track and bind it but we would preferre to write it during the week to where we can get all the information at one time.

I hope I have covered everything and if you have any other questions please feel free to contact me. Lets not have another person on here have a car wrecked, stolen or fire damage without this insurance on their vehicle.
__________________
YOUR SOURCE FOR ON TRACK RACE CAR INSURANCE CALL 614-861-3100

[popo8]

Ouch... 806/yr...

Guess i need to do some fine tuning....need my current polocy to fig out what i need....


Larry (Popo8) Co-owner
LTXtech.com


On the phone with them today... it is now in the mid 600s with a limit of 2500 miles a year...

Valued at 25,000... with increased coverage OVER state minimum...

Need to fill out some paperwork and get it back for their underwriters to review....

[Rob]

I have Grundy on both the WS6 and GTO. No complaints here.

[Fastbird]

semi-necro bump. Wondering if both Hagerty and Grundy make you pay in full or will let you spread payments? Anyone know? I know it was mentioned Hagerty doesn't, but that's unconfirmed as of now.

[Ryan Stout]

I'm considering set value insurance here soon. Tired of liability only on a car that has $20k into it...

[popo8]

I just need to finish all the paperwork and Im in with Hagerty... down to 700 and change a year... $25,000 coverage.

[popo8]

semi-necro bump. Wondering if both Hagerty and Grundy make you pay in full or will let you spread payments? Anyone know? I know it was mentioned Hagerty doesn't, but that's unconfirmed as of now.

HAGERTY wants FULL payment.

[chile]

semi-necro bump. Wondering if both Hagerty and Grundy make you pay in full or will let you spread payments? Anyone know? I know it was mentioned Hagerty doesn't, but that's unconfirmed as of now.

Hagerty is pay in full confirmed by an email I sent. But I only put that the caprice is 10k and it was gonna cost me 440 for the full year

[Fastbird]

Ugh, I can't afford to cough up $900 for the T/A and Celica. Dammit why do they have to make things so difficult?

[NuckinFutz93]

I've had Hagerty's for the last 15 years, They have paid on 2 claims without a hitch, hiccup, or complaint, but I checked with NCM insurance. They beat Hagerty's by 50-85.00 per car for the same mileage. I'm trying them out on the 95 Vette, If they continue to treat me right, I'll switch everything over.

http://www.ncminsurance.com/our-collector-car-insurance-claims-management-proof-is-in-the-performance.html



Fastbird, WHat kind of Celica?

[Fastbird]

I've had Hagerty's for the last 15 years, They have paid on 2 claims without a hitch, hiccup, or complaint, but I checked with NCM insurance. They beat Hagerty's by 50-85.00 per car for the same mileage. I'm trying them out on the 95 Vette, If they continue to treat me right, I'll switch everything over.

http://www.ncminsurance.com/our-collector-car-insurance-claims-management-proof-is-in-the-performance.html



Fastbird, WHat kind of Celica?

This:

http://i72.photobucket.com/albums/i177/Fastbird93/Phone%20Uploads/IMAG0278.jpg

I've got as much into it as I do the Trans Am. 100% documented with receipts for just over $25K.

*edit* Just quoted NCM at almost exactly Hagerty. Gonna give Adam Boca a ring tomorrow and see what I can find out.

[popo8]

Sean, how was the comparison?

[NuckinFutz93]

Sean, how was the comparison?

My CY 95. 15,500 agreed, 6k miles a year, 0 deductible, 1500 in parts, and few other little things. 278.00 year with Hagerty's & 225.00 NCM

[popo8]

My CY 95. 15,500 agreed, 6k miles a year, 0 deductible, 1500 in parts, and few other little things. 278.00 year with Hagerty's & 225.00 NCM


Damn.. thats really cheap ... the extra 10k for mine is 600+ a year.

[NuckinFutz93]

Damn.. thats really cheap ... the extra 10k for mine is 600+ a year.


I live in an area with a population of only 21k.




Type
2003
2004
2005
2009
2010
2011


Murders
0
0
0
0
0
0


per 100,000
0.0
0.0
0.0
0.0
0.0
0.0


Rapes
0
0
0
0
0
0


per 100,000
0.0
0.0
0.0
0.0
0.0
0.0


Robberies
0
0
0
0
0
0


per 100,000
0.0
0.0
0.0
0.0
0.0
0.0


Assaults
0
0
0
0
0
0


per 100,000
0.0
0.0
0.0
0.0
0.0
0.0


Burglaries
0
0
0
0
0
0


per 100,000
0.0
0.0
0.0
0.0
0.0
0.0


Thefts
0
0
0
0
0
0


per 100,000
0.0
0.0
0.0
0.0
0.0
0.0


Auto thefts
0
0
0
0
0
0


per 100,000
0.0
0.0
0.0
0.0
0.0
0.0


Arson
0
0
0
0
0
0


per 100,000
0.0
0.0
0.0
0.0
0.0
0.0


City-data.com crime index (higher means more crime, U.S. average = 319.1)
0.0
0.0
0.0
0.0
0.0
0.0





Read more: http://www.city-data.com/city/Blairsville-Georgia.html#ixzz2KTi9LLZZ

[NuckinFutz93]

Crime rate graph ^^^^

[popo8]

Ohhhh...never thought of that.


U prob also have more vehicles thru them.

Do u get multi car discounts thru them?


Larry (Popo8) Co-owner
LTXtech.com

[NuckinFutz93]

Ohhhh...never thought of that.


U prob also have more vehicles thru them.

Do u get multi car discounts thru them?


Larry (Popo8) Co-owner
LTXtech.com


Just the Vette.

[popo8]

Just the Vette.

Ohhhh, guess I just live in a shit hole. lol

[NuckinFutz93]

Ohhhh, guess I just live in a shit hole. lol

Wait till you marry. My 93 dropped 300 a year.

[popo8]

Wait till you marry. My 93 dropped 300 a year.

Really??? Getting married reduces insurance?

[NuckinFutz93]

Really??? Getting married reduces insurance?

Yeah! They think it makes you more responsible, less likely to show out and act a fool and wreck stuff.

[popo8]

Yeah! They think it makes you more responsible, less likely to show out and act a fool and wreck stuff.

HAHAHAHA, they are freakin stupid.... Just lets me know I have someone to collect my life insurance!

[NuckinFutz93]

HAHAHAHA, they are freakin stupid.... Just lets me know I have someone to collect my life insurance!


LMFAO!

[popo8]

LMFAO!

LOL.. well , its true.

HAHAHAHAHAHAH!!!

[NuckinFutz93]

LOL.. well , its true.

HAHAHAHAHAHAH!!!


You know I street race in Mexico, well, one lady asked Lacey if she worried about me doing, Lacey said No, if he kills him, I'm Fkin loaded. LOL

[popo8]

You know I street race in Mexico, well, one lady asked Lacey if she worried about me doing, Lacey said No, if he kills him, I'm Fkin loaded. LOL

See, having someone to give the money 2 is MOTIVE to be more careless... Now you have a dollar value.

[Featherburner]

You know I street race in Mexico, well, one lady asked Lacey if she worried about me doing, Lacey said No, if he kills him, I'm Fkin loaded. LOLYou better not get caught. The penalty is worse in Mexico than it is here. I hear they cut your balls off and feed them to you while you're in prison!

[Chris]

You better not get caught. The penalty is worse in Mexico than it is here. I hear they cut your balls off and feed them to you while you're in prison!


At least you know where the meal came from!

[popo8]

At least you know where the meal came from!

Deez nutz


Larry (Popo8) Co-owner
LTXtech.com

[shownomercy]

Do any of these companies accept you if you have had moving violations in the past year or so?

[popo8]

Do any of these companies accept you if you have had moving violations in the past year or so?

Im not sure... they do ask the question, but my answer is no... and so is the answer for miss popo....

If you want the Hagarty number, lemme know, I can give you the guy Im using to sign up with.

[NuckinFutz93]

Do any of these companies accept you if you have had moving violations in the past year or so?

If you have 2 or more, No. They are pretty strict.

[shownomercy]

If you have 2 or more, No. They are pretty strict.

Does it matter what kind of violation..?

[NuckinFutz93]

Any moving violation.