insurance

Reply Subscribe

Thread Tools

Search this Thread

Jul 31, 2021 | 06:41 AM

#16

Dturk

More Turbo

Joined: Sep 2020

Posts: 577

Likes: 175

From: Thompsons Station, TN

Quote:

Originally Posted by blsd49

American Collectors Insurance thru USAA.
$30,000 agreed value
300,000/500,000
no deductible
1000 miles per year
$320.00

They were very restrictive in several areas to include usage. They told me they only insured for trips to shows (under 2500 miles per year). Would not cover trips to garden centers, scenic drives to small nearby towns, or any other daily driver type use. Got the persons supervisor on the phone who was pretty much ‘take it or leave it”. Their towing coverage paled in comparison to Hagerty. Also did not have the Hagerty provision to allow you to buy back the vehicle if totaled. Several other shortcomings.

Jul 31, 2021 | 09:37 AM

#17

52Flthed

Fleet Mechanic

Joined: Aug 2019

Posts: 1,357

Likes: 415

From: Monmouth County, NJ

Quote:

Originally Posted by Marten

I did the on line thing with Hagerty for insurance. Used a truck value of 38K, drive 4000 km per year, deductible is $500. Using the mods they asked about I got a quote for about $550/year. Is that reasonable? I thought guys were paying about $250/year.

biggest factor is agreed value. I’m also with haggerty and I just went from an increase of agreed value -tripled it, and that doubled my premium. Bringing it from $300 and change to $700. But yes a lot of people state lower value to get lower premiums. $38k seems like a good place to be for a high value truck. I might lower mine next year.