was thinking of using them as $150 for the year on my 70 seemed reasonable.ever had any probs if you did have to file a claim?I don't mind paying the money but if I did have a prob(pray that never happens)I don't want a company that wont shell out the money without a wrestling match!

 

I'm going to go with Hagerty ..... read this thread.
https://classicoldsmobile.com/forums/general-discussion/17566-agreed-value-vintage-car-insurance.html?highlight=insurance

 

I will tell you I just had mine totaled in May and had Safeco and just insured the new one with Safeco as well. Make sure you get a STATED value policy to protect you and the car. Also Safeco actually allows you to drive the car. No isues with Safeco and having a stated value made it real easy as they could not argue the value. if you go with Hagerty just make sure you can do the stated value and that the value is fair

 

I went with Hagerty because all the people I've talked to in person and on the internet say there claim was filed and paid fast and with no hassles.
While calling different companies to inquire about prices and limitations the first few I called gave me grief in one way or another.When I called Hagerty they answered all my questions promptly and fully causing me no grief.
Once Hagerty recieved the info they needed from my end,they were calling me 2 hours later to tell me they would underwrite my policy and coverage would start right away.
So far I've recieved, hassle free,fast and friendly service with a good "word of mouth" reputation to back them.

 

It's actually called "Agreed Value" Classic Car Insurance, where if your car is totaled in some way or stolen past 30 days, you get full agreed value price that you establish up front. Check out Grundy.

 

Please Take a look at this thread and you will see the many sides of Classic Car Insurances out there that some of our members have: https://classicoldsmobile.com/forums...insurance.html

 

I use Hagerty why is something wrong?

 

I have it on two cars. I had a claim with them, and they were great, just sent them a photo, got a estimate, and they sent the check. This was not a total lose, just a repair.

 

NO, NO, NO! "Agreed Value" is preferred. "Stated Value" does *not* mean it can't be argued, it is quite the opposite. Agreed Value is what can't be argued. Stated Value can be "argued" and often is. There is absolutely no guarantee that you will get the full Stated Value". I know the terms can be a bit confusing, but look at the words "stated" and "agreed". That says something. If you got your stated value, great! But please understand that it is *not* a given with Stated Value. They simply determined that your stated value was reasonable. Whole different story if they didn't!

It can be "Stated Value" or "Agreed Value" Most of the major collector car insurers have "Agreed Value". And that is why they have become the major ones now.

 

I looked over all the papers and correct it is "agreed value". The words stated and agreed were used by different people I spoke to when shopping. Sorry for the confusion

Bottom line is I had mine totaled with an "Agreed" value and Safeco took care of me. There process to start the process was easy and they are flexible as to when and where you drive the car. When I just bought the replacement car as soon as i bought it I called Safeco and started the new policy while on the road. They do not require an appraisal unless it is above the high book

Sorry for the mistake in wording just wanted to give Safeco a plug here as they paid quickly and did not hassle me and made the ordeal a little less nerve wrecking. I shopped around and found that a couple insurance companies did not allow you to drive the car and that is what I really liked about Safeco being able to drive when and where you want and not have to worry about coverage

 

Glad to hear! I just didn't want anyone going off in the wrong direction. I know I was glad when you told of your "incident" and that you did get paid.

 

Thank you I am glad it was corrected as one word changes the coverage

 

I haven't seen a "Stated Value" policy - and have seen quite a few since shopping around recently for my own car, which is why I felt Oldslvr may have errored in what he said.

But anyway, it is good that you clarified the wording differences.. It should help make us a bit more aware and careful with these insurance companies in the future.

 

No,not at all! I am going to use them to insure my 70.I was just checking to make sure there weren't a lot of unhappy peoplehave heard a lot os good thus far

 

I have Hagerty on my two Olds and my brother has it on his '74 T-Bird, which was side swiped by an impatient moron. Hagerty quickly approved and paid for the repairs and even covered $1000.00 for a parts car used to repair it! My '69 is a restoration in progress, and I told them when I called for coverage..no problem, sent them photos of it, and insured for the agreed value.

 

I use hagerty,and i would recommend them.