I have a couple vintage Ferraris that have been insured via Hagerty for years. Hagerty rates have been going up every year. I recently requested quotes from other agreed value providers and JC Taylor and Grundy were both less than half the price of Hagerty for the same coverage. Any reasons not to use them and/or are there any collector car insurance companies I should avoid?
Basically I don’t want a company that is going to claim I’m running errands because I ran through a drive-thru during a pleasure drive and deny a claim. There is a thread of this exact thing happening on one of the big Ferrari forums.
Posted by Threeofnine000
4 Comments
It’s easy enough to prove how many miles you drive each per year, just keep track and that should be enough proof it’s not an every day driver. You can also get agreed value via most private client insurers, Chubb, pure, etc and it may be cheaper on a package basis
Get a camera for the car
The last time I dealt with a repair using Hagerty it was pretty awful, the last time I repaired a Grundy claim it was great. I am likely switching after the last repair we did for a customer
>JC Taylor and Grundy were both less than half the price of Hagerty for the same coverage.
I have found that to be true for a long time. I’ve been with J. C. Taylor for 5 years and Grundy for 3 years before that. Switched because a car I bought wasn’t eligible for Grundy but was OK with J. C. Taylor.
This January I got a quote from Grundy and it was comparable to what I was paying with J. C. Taylor.
As long as you take collector car insurance seriously and comply with the restrictions you’ll have no problems with claims.
>I don’t want a company that is going to claim I’m running errands because I ran through a drive-thru during a pleasure drive and deny a claim. There is a thread of this exact thing happening on one of the big Ferrari forums.
I find comments like that spurious so please post a link to the discussion. People tend to blame the insurer for denials when it is often their own fault.