Vance,
Honestly don't know. Sounds logical. As in Bud's case, it may be a state
issue. I'm in Ohio, perhaps our claim rate was higher last year than the
national average ??
Thanks,
Vic
In a message dated 9/3/2010 12:20:44 PM Eastern Daylight Time,
v.navarrette@comcast.net writes:
Vic:
This raises an interesting question. I purchased Hagerty
directly over the web (no agent).
It seems you went through an agent to purchase your Hagerty
Policy.
I have not seen an increase, others have (My declared value is
lower, $15k if I recall).
Is this the difference? Go through an agent, get a price
increase?
Vance
-----Original Message-----
From: 6pack-bounces@autox.team.net [mailto:6pack-bounces@autox.team.net]
On Behalf Of Vsnively@aol.com
Sent: Thursday, September 02, 2010 11:12 AM
To: forzion@maine.rr.com; 6pack@autox.team.net
Subject: Re: [6pack] Hagerty Car Ins. up 14%??
Dave / Bud,
My experience was that the specialty insurance companies offer premiums
that are a fraction of daily-driver policies. Most are agreed-value
policies
instead of Actual Cash Value. My household and daily-driver agent's
proposal
was about 2.5 times the rate of my Hagerty. The specialty companies can
keep rates low because they're banking on very low annual mileage and
the
fact that collector's cars are typically garaged, pampered, and only
see sunny
days, for the most part. A 14% increase on my $200 Hagerty is still a
bargain, although I'm not happy about the increase either.
Additionally, my
Hagerty agent is a major motorhead and promotes our hobby aggresively.
Not
sure what my regular agent promotes.
Regards,
Vic Snively
'75 TR6
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