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Classic Cars as daily drivers

560 messages,  Last post on Dec 02, 2011 at 2:24 PM

You are in the Classic Cars Forum.

What is this discussion about? Coupe, Convertible, Sedan

Messages Page 52 of 56

#511 of 560 Re: Classic Car Insurance [Mr_Shiftright] by rorr

Mar 16, 2006 (7:09 am)

Replying to: Mr_Shiftright (Mar 15, 2006 7:21 pm)
shifty - I'll check with the local Mustang club to see about having it appraised. I'll want to join it anyway and I'm sure the members would have some good info about insurance.
 
explorerx4 - you ain't kiddin' about the weather. It's been gorgeous the last several days (I couldn't believe the number of convertibles I saw out and about last weekend; particularly around the lake). That was one reason I was concerned about the 2500 mile limitation.
 
Of course, with the typical Texas summer (and no AC in the car), the prime driving times may be limited to just a few weeks a year......
 
andre - that was good news about the cost w/ Hagerty. I had no idea it could be that reasonable.

#512 of 560 Re: Classic Car Insurance [rorr] by Mr_Shiftright HOST

Mar 16, 2006 (9:19 am)

Replying to: rorr (Mar 16, 2006 7:09 am)
classic car insurance is a GREAT deal...if you qualify and stick to the rules...

#513 of 560 Re: Classic Car Insurance [Mr_Shiftright] by rorr

Mar 16, 2006 (9:24 am)

Replying to: Mr_Shiftright (Mar 16, 2006 9:19 am)
"...if you qualify and stick to the rules..."
 
I'm guessing they won't cover 'incidents' while open-tracking the car.....

#514 of 560 Re: Classic Car Insurance [rorr] by Mr_Shiftright HOST

Mar 16, 2006 (9:33 am)

Replying to: rorr (Mar 16, 2006 9:24 am)
nope...you pay that bill!!

#515 of 560 . by fintail

Mar 16, 2006 (9:34 am)

I need to get that for the fintail. I did an online quote with a value of 5K, and they said $99. That's not bad. Right now I have it on a "storage policy" or something to that effect, and the people at the agency said I could just call them when I drive it (every 2-3 weeks) and they wouldn't charge me more. But I always forget.

#516 of 560 Just for comparison... by andre1969

Mar 16, 2006 (9:43 am)

I have my '76 LeMans and '79 NYer on my regular insurance policy, with liability-only. Last year each car added $400 to the policy. This time though, I'm in the 35-39 age bracket, so my rate went down to where each of those cars only adds $293 annually to the policy.
 
But as soon as I add the LeMans to my antique policy, and, say, insure it for $4000 (I only paid $3K for it), then it would drop $293 off my regular policy, add $24 to the other, for a net savings $269.
 
I thought about switching my NYer over as well, but I don't know if they'd take it. It used to be that anything 25 years and older was a shoo-in, but the 70's and 80's sure messed that up!

#517 of 560 Re: Just for comparison... [andre1969] by rorr

Mar 16, 2006 (10:29 am)

Replying to: andre1969 (Mar 16, 2006 9:43 am)
"...but the 70's and 80's sure messed that up!"
 
LOL! Automotively, ain't that the truth.....

#518 of 560 Re: Classic Car Insurance [andre1969] by explorerx4

Mar 18, 2006 (6:42 pm)

Replying to: andre1969 (Mar 16, 2006 7:04 am)
i don't drop all the insurance. i keep fire/theft, drop liability. funny thing is, my insurance company screwed up and reported to motor vehicles that i DID drop all coverage. took a phone call to my agent and a letter from the insurance carrier and myself to get it straightened out. the agent said i was far from the first one to call.

#519 of 560 Re: Classic Car Insurance [Mr_Shiftright] by explorerx4

Mar 18, 2006 (6:46 pm)

Replying to: Mr_Shiftright (Mar 15, 2006 7:21 pm)
someone told me i would have to get a fleet policy if i bought another(+1) car.

#520 of 560 What exactly... by andre1969

Mar 20, 2006 (8:57 am)

is "fleet" insurance? A few years back, there was a guy who lived behind my grandparents house who worked on old cars, always had a bunch of parts cars around, and had a few classics of his own. I remember the term "fleet" insurance coming up as to how he could afford it.
 
Is it just another word for an insurance policy where one driver has a lot of cars on it? Essentially like what I have? Or is there something more to it?

Messages Page 52 of 56

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