04-16-2013, 02:29 PM
Do any of you guys with collector/older cars (20+ years old) have insurance through Hagerty, Grundy, or something similar? Whats your take on this kind of insurance?
I'm looking at purchasing an older car that KBB lists its value as being significantly less than what these cars a currently selling for. In the event of a complete loss I'd like to know that I'd be able to receive a check for the cars actual value and not just a portion of it. I've gotten a few quotes and most of these collector car insurance companies are actually on par or cheaper than State Farm who I currently use to insure my DD.
I'm looking at purchasing an older car that KBB lists its value as being significantly less than what these cars a currently selling for. In the event of a complete loss I'd like to know that I'd be able to receive a check for the cars actual value and not just a portion of it. I've gotten a few quotes and most of these collector car insurance companies are actually on par or cheaper than State Farm who I currently use to insure my DD.