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Mustang Club of Maryland Public Forum

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 Post subject: Classic Car Insurance
PostPosted: Sat Feb 10, 2007 6:43 pm 


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 Post subject:
PostPosted: Sat Feb 10, 2007 7:19 pm 
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Joined: Thu Feb 09, 2006 9:28 pm
Posts: 653
Location: Baltimore
Geico won't touch it for anything thing other than what 'blue book' would be, so don't bother with them.

I signed with and for my car I paid $302 for this year, the whole year with a $0 deductible and $15k for the cars value.

I had to send them a few pictures of the car and gave them an agreeable value of the car that you want to insure it at. This value can go up as you fix/repair/restore/modify your car. I've heard rumors that they won't blink about a value less than $20k, anything above that they are a bit more scrupulous and require more paperwork proving the value is what you say it is.

Typical terms, its a collector so I'm only supposed to drive it to and from shows, or the occasional cruise, not a daily driver. I don't think they cover any damage done to a vehicle as a result of going down a drag strip, duno where I saw or remember that from so don't quote me on it.

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Daniel Dunn
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 Post subject:
PostPosted: Sat Feb 10, 2007 9:37 pm 
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Joined: Tue Feb 14, 2006 10:13 pm
Posts: 1414
Location: Sector 7G or Colora, MD
I went with Hagerty for our '68 also. Same deal a couple hundred bucks a year and $20,000 in value. It might help to have it appraised if you don't know how much to insure it for.

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Dave

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Some people are like Slinkys. They have no purpose, but they sure bring a smile to your face when you push them down the stairs.


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 Post subject:
PostPosted: Mon Feb 12, 2007 2:07 pm 
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Joined: Wed Jul 05, 2006 2:23 pm
Posts: 308
Location: Edgewood, MD
I'm also w/ Hagerty, $17k agreed value for less than $200/year, $100 deductible. The roadside towing was great! :yikes: Ruby left me sit once, due to an ignition module fault. It took a few hours to get a rig on a Sat afternoon, but Hagerty wouldn't settle for less than a rollback. The driver who showed was very considerate, even wrapping the axle and control arms with towels before tieing it down.

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Jim DeAngelis

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