What year is your car, and what do you pay?

 

I have the car insurance you asking about . 92Z28

 

just under $300 full coverage agreed value $15000

 

No one would accept me because i'm 22.

 

yea I know most of the companies I checked had a minimum age of 25 for the name who shows up as owner....4 more years for me

 

Joe, where did you actually even manage to find classic for our cars in the area? Atleast my 91 anyways they said it wasnt old enough even if i barely drive it

 

Epro is that your vette in your sig? I have the same car. 98 Vette same color and targa top.

 

had a company tell me it could be covered under special interest/collectible, then they went against that statement and turned me down - before even finding out that I'm 19. it's an 88 btw..I guess in 2008 I can try to get classic or collectors insurance again, but I'm sure they'll still consider me too young. Anyone else get by this?

 

Check with American Hobbyist. I'm getting ready to sign on with them and it will only be $202.50 per year for $15000 agreed value and $0 deductible. They only cover the comp and collision which means I'll be keeping liability with my current company.

 

I wish, lol. It belongs to a member on a different forum I post on.

 

O ok. You can come drive mine when you want

 

yeah it's the liability that kills me. $1850 a year because I'm 19, and that's with a spotless record

 

I pay $54.00 a month
and it covers up to 15000 dollars in damage for my car and the other guys car.

 

wow i wanna know about this american hobbyist thing. im 17 and with my z28 im paying a little less than 100 a month for just liability. if i can add on comp and collision with someone else thatd be awesome.

 

Mine's an '83. I have classic/show car insurance through State Farm. It's $152.00 a year for full coverage at a $10,000 agreed value (which I need to adjust upwards).

Of course, I have (4) cars insured through them and no tickets or accidents in the last 10 years. You're rates may vary.

 

what are the rules for most of these plans? do you need to only drive it a certain amount. i imagine its a very small amount at that. how strict are they about it?

 

I think it's 5000 mi/year. I'll only be driving it in the summer, so that's not a problem. It's supposed to only be driven to shows, for repairs, and the "occasional" personal use. My insurance agent gave me the old wink-wink-nudge-nudge and said I could drive it as much as I wanted.

 

I also read that you're not allowed to drive the car to school, or work, otherwise, you're not insured.

 

whats the benifit to this kind of insurance?

 

costs nearly nothing, and if it's a car you hardly use, it makes sense to be charged less for a car you use less

i hardly every drive my gta..it comes out in the spring and summer then it sits, so why pay the full price for insurance on a pleasure car?

 

So I got two thirdgens. Who do I call for this insurance in theChicago area?

 

That's actually not bad. I pay a little over 2K per year, and have buddies of mine who pay even more.

 

yeah i know..finally went down a little bit..my first car was a lincoln lsc and that was 2400 a year

 

I'm paying around $600 for a 2000 Impala a year, and I'm not the primary driver, but I'm 17.

Does anyone have any specifics on the max mileage? 5000 a year seems kind of high, because that's 8000 kms, and I drive maybe 1000 kms a year, if that.

 

I'll try to get a hold of my buddy for ya. We both live over in Des Plaines. He's got an 88 (?) T/A, all built up with Show Car insurance. The ins is limited to 5000 miles a year, but he's got a switch for the odo so he can go past that if he wishes Illegal? Yea, but he don't care haha.

 

23yrs old
1988 IROC
$1200 liability... not exactally spotless record, but close.

 

I'd be afraid of screwing up, and accidently resetting the entire thing.

How does he do that? Sounds like a good idea...

 

I have somewhat looked into it, most places said it had to be insured as a specialty/exotic because it is a 91 and insuring it as that would not allow me because of my age now,

I have it insured through the regular company as a "recreational" vehicle, ie a show car, sunday cruiser which dropped my payments WAY down under a 100 a month and as my bravada is the daily driver, peoblem is until i get a appraisal setup i cant add coverage to it, they will insure it to like a agreed value with an appraisal but it cost a little more, i think it be worth it though considering book is like 2k and i have over 15k invested

 

Main reason is if your car is stolen or wrecked you will get the value of your car that you AND your insurance company both agree upon.

With regular insurance (even with regular full coverage) you'll only get what the car is worth at the time of loss, usually whatever the KBB or NADA says it's worth.

So if you bought your car for 5k, and put in 10k worth of mods you'll never get back what you put into it with a regular policy.

Main thing is to get an "agreed value" policy. Some companies like Grundy's don't have a mileage restriction but require it to be in a locked garage and not be your primary transportation.

Other restrictions...I know a couple of companies that will only cover you only going to and from car shows. You just gotta do some research to find out what fits your needs.

A lot of the GN guys are doing this because mint low mileage GNs are worth the same what they were brand new back in 86/87. I'm gonna get a policy from Grundy's for my GN.

Usually you'll find classic/collector insurance is a lot cheaper a year than a regular policy.

 

I pay 800 a year for 2 cars. After i repaint my firebird im going to take out collectors insurance on it.

 

Mines £240 per year or about $432 under classic insurance, with a limited mileage of about 10,000 miles per year, and an agreed value of about £4000.
Thats fully comprehensive, so if i total it, i get the 4k, or if someone else does, i still get paid, or if anyones unlucky enough for me to hit them, it covers their damage.
10k might seem like not much a year, but its my hobby, and i have m\cycles to insure and ride, as well as my daily driver.

 

$75.00 a year, full coverage with close to 10K agreed value. No odo police, but they like to see 3K a year or less, locked garage etc.

hagerty.com

 

how old dose your car have to be to qualify for this insurance? dose it verry? i never drive mine but occasionaly, maybe 1000k a year.

 

I got mine through American Hobbyist, $219 per year, $7500 (may bump it to $10K now that its finished) no mileage restriction (I've driven it 2K in 3 years), but it must be kept in a locked garage and you have to have another vehicle registered for every licenced driver in the house (to prevent the hobby insurance going on a daily driver). The car can be any age, but it must be somewhat limited production/special edition kind of stuff. I told them there were only 809 5-speed GTAs in '88 and they didn't give me a problem. The key for me is to have the car legally insured for a reasonable price. I don't plan on ever filing a claim unless stolen or totaled.

 

Does it have to be a locked garage?

How about a locked carport?