News: Collector Insurance

[svoch]

Just a heads up. I was able to get insurance from Hagerty and they considered my 96CE as exotic. ?

Anyway car insured for $30K for $600 per year. I was paying double that thru Allstate at book value.

Hope this helps someone

Larry

 

[RoyalViking]

Is there a limit on the annual mileage?

 

[gmhowe]

Funny Full coverage on my 96 CE LT1 with Allstate is only $500 a year.

 

[svoch]

NY and AZ two different rates. 7 million people live on Long Island...lotsa cars and lotsa accidents,car thefts ect....
BTW your book value of your ride? Thats what allstate will pay you for complete loss. I'll get $20K over book

 

[svoch]

I believe 5K per year

 

[92LRC]

Are there limitations on how you can drive it?

When I called Hagerty about getting my 92 vert insured they told me that I had to keep the milage under 5K (no problem) but they also said that I could only use the car for pleasure drives and going to and from shows. I asked about my weekly (Friday) drives to my office and they told me that was not allowed under their plan.

Did you get a different story or do you not use to go to work every so often?

 

[svoch]

sounds right! No I work from home and my HQ is in GA...I'm in NY.

GL

Larry