Age old insurance question...

[Bartruff1]

Originally Posted by Cobrajames

State Farm. Currently $276.00 per year.

When you get a minute, tell me more...bart

[wrogers55]

State Farm here too. Have 2 other street cars, a HD bike and the house with them as a package. Submitted pictures and costs related to the Backdraft. No milage limit, but listed as not a daily driver, which it isn't. $520 a year here
in California with full replacement value.

Maybe I can do better?

[Cobrajames]

Originally Posted by Bartruff1

When you get a minute, tell me more...bart

Bart, it is actually less when I looked up the paperwork. I was thinking it was $138.00 for 6 months, but it is actually $128.44 for 6 months or $256.88 per year. I am in Oklahoma, titled as a 1965 classic. State Farm has it listed as a Antique or Classic Motor Vehicle, no mileage limitations, $50,000.00 value, $100.00 comp, and $250.00 collision.
Hope this helps.
James

[FWB]

when insuring a classic car be very careful on the carrier. most insurance companies that handle regular daily driver insurance are not equipped to handle a classic or a replica when it gets crashed. you get screwed most of the time. now unless you have a prearranged value for the vehicle. now with the above post of a little over 200 bucks for insurance, alot of factors are left out there.......collision? where in the country is the car? how old is the driver? how many vehicles are on the policy?

midwest insurance for example, won't insure your daily driver. classic insurance only.
that cheap premium may not be so attractive when you get hit and the car needs repair, your 10,000 dollar paint job may be repaired by that vo-tech student at the local earl shive paint everything for 350 bucks, because the insurance company insists it being done there....so before you pull the trigger

ask alot of questions and if it isn't in writting it isn't so.......remember a insurance agent is usually only there to sell the policy, when you place a claim its someone in a far off location......


fred

[Bartruff1]

Originally Posted by Cobrajames

Bart, it is actually less when I looked up the paperwork. I was thinking it was $138.00 for 6 months, but it is actually $128.44 for 6 months or $256.88 per year. I am in Oklahoma, titled as a 1965 classic. State Farm has it listed as a Antique or Classic Motor Vehicle, no mileage limitations, $50,000.00 value, $100.00 comp, and $250.00 collision.
Hope this helps.
James

Thanks, I have a half dozen cars listed with Safeco as " classic cars" and even when they are in storage and only covered by Comprehensive I am paying $225 per year for the Superformance and twice that for the months (May-Sept) that I have it insured for use ($58k replacement, 3000 miles, garaged, no drivers under 28... ect...). Like a lot of people I need to review my insurance needs on occasion. I don't have any reason to think that Safeco would be any better than State Farm if I have a claim. Thanks again...bart..