I have Wawanesa and was paying $400 a year for liabilty only. I asked about full coverage and they would only cover my restored 1974 f100 for $3000. I just changed to Conden & Skelly specialty auto ins. I have a stated value of $9000, with 0 deductable including glass. I pay $90 a year. It has to be in a garage, and cant be your primary. I told them I will be driving around 6000 miles a year. I just had to give them pictures of truck.

My 1974 F250 is being built and its insured for $4000 for $50 a year.

 

My insurance is 22 bucks a month, haha!

 

Very helpful, I'll check it out.

But what do you get for that $22 a month? If it's just proof of ins to keep you legal, that's fine. I'm interested in being able to replace my wagon if it gets smoked.

 

I went ahead and paid to have a professional auto appraisial guy come out to my place to give me a value. He took photos and did a big write-up on everything top to bottom and bumper to bumper describing every area he looked over and the condition it was in for it's age. He then mailed me a copy of the appraisial and I took it to my insurance co. State Farm and they insured my truck according to my appraisial. The last thing I want is to get into an accident and have the insurance co. low ball me for what it's really worth. This was one of the best things I've done with my truck.

OJ

 

A few questions...What did that cost you, if you don't mind? How accurate do you believe the appraisial was? What happens as you continue to restore the vehicle, or is this something you did once it was complete?

 

If I recall correctly it was about $320 or $330 for it. I believe the appraisial is pretty accurate. The guy showed me the book he was using and how he arrived at the value. I've also talked to another appraisial person about my truck to see if I'm close to what it should be and was told the value was in the ballpark to him...sight unseen. And if I were to do more to restore it I would get another appraisial to make sure it's insured to what it's worth. As long as I keep my truck it will continue to improve. Good questions you asked btw.

OJ

 

Ya haha, it's just to keep me legal. The 'rents make me pay for it, so I got it as cheap as possible.

 

I have everything insured at country companies. All vehicles, Harley and house. I have the antique insurance on my Fairlane and plan on doing the same with my F-150 once it is done.
On my Fairlane I told them I wanted it insured for $10,000 and they wrote it up. Its full coverage with a $500 deductable for $59 for 6 months. No appraisal needed. No mileage restriction but I'm just supposed to drive it to shows, cruises, getting gas, washing, servicing etc. But theres no reason you can't just drive it where ever you want. Say I'm driving it to work and get pulled over, well I work with this guy thats really good with carbs and he's gonna tune it for me. haha. But you would not want to drive passed the same cop 10 times a week with the antique plates. I actually thought about going with standard plates so the truck looks average then just get the antique insurance and no one would know by looking at it.
In IL (where I live) a normal license sticker is $99 for one year but antique plates are $30 for 5 years. In December of 09 I got a new sticker for the Fairlane for $30 and it expires in December of 2014.

 

check with Nationwide Insurance they let me use it as a daily driver with no restrictions.

 

What, are you not allowed to use the viehicle as a daily driver with antique plates? Not that that pertains to the op's question of insurance.

 

Correct. In IL you cannot use a vehicle with antique plates for a daily driver. I imagine it's the same everywhere or I'm sure lots of people would just buy old vehicles so their license would be dirt cheap.

 

Yeah, it's the same here in the state of Michigan also. That's the main reason I do not have historical plate's on my trucks, I drive them on the road too often for that. With my luck I would get pulled over and ticketed. I had called Haggerty Classic car insurance and they wouldn't insure my trucks, said that 4X4's weren't considered classics. I have mine insured thru AAA for an agreed stated value for $400/year full coverage with $500 deductable and no restrictions except for must be kept in garage when not driving it. I have house, trucks, and snowmobile's insured thru them as well. -Ed

 

I think it's also like that here in Virginia.
But if you have the antique plates you don't need to have the inspection sticker on the windshield.just make sure everything is right.I went thru a couple of road checks this past 4th of July with mine and the all the state police were real cool.They just checked the registration and drivers lic.,proof of ins..and talked to me about how nice the truck looked and sounded.

No hassles so far.

 

Some restrictions......limited to 3000 miles a year. You must have another vehicle registered in your name. Can't be your daily driver. Must be garaged. And a few more. I also have mine through Grundy's which I've been told is one of the best for show vehicles, so like someone else said on this thread, it's tough for those using it for work and/or as a daily driver. Love my insurance though as a show truck. It's full coverage 0 deductible for comp and collision and cheaper than insurance liability only on my plow truck. But I happily comply with those restrictions, which are also my restrictions.

 

I guess the next big question is how does the insurance company verify that one is complying with all of these restrictions and how does that determination effect how they settle a claim? I know that if I call my State Farm agent right now, there would be zero questions, and I'd have a check as soon as they opened the office Monday morning. There would be no inquiring to the mileage, where it was parked, why I was driving it, ect.

For instance, we have a two car garage. With all my shelves and workbenches, it really only houses my wife's ride. My 07 won't fit, it's too long. We recently went out of town, I didn't want to hassle with dropping my dent at my shop, only about six miles away. Instead, I needed to clean up the garage anyway, and actually got both the dent and Mama's wagon in safely! So I can say it's garaged now, I guess. What would happen if there was a hail storm, and it happened to be parked on the side of the house at the time, and I filed a claim???

Another question that just occured to me...Since so many of us do our own work on our trucks, how does an insurance company handle cutting the claim check? The claims I've filed in the past have been settled by paying my body shop directly, and then I cut the dedutibe check to the body shop.

HMMMMM?