Classic Car Insurance with No Primary Vehicle?

Feb 20, 2016

  1. Lion777
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    Lion777 New Member

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    Here's types and prices on the car insurance!)
    choiceautofinancing.com/liability-car-insurance-cost-guid-insurance-coverage/
     
    Lion777, Mar 15, 2016
    #11
  2. stex
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    stex Expert

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    Agreed value and stated value are different coverage. With agreed value, the carrier will pay the full insured amount in a total loss. Companies like Hagerty changed agreed value to guaranteed value so people don't get confused. Stated value is the worst - the company pays ACV up to the stated value. In other words, the insured could get less than ACV. It's used to either by carrier to limit their exposure. Insured may also use a lower stated amount to save premium.
     
    stex, Mar 16, 2016
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  3. rbench
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    rbench New Member

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    Hi Dan,
    I stumbled on your posting because I am now in a similar situation. I have no primary car as I live in New York City...plenty of public transportation. I've purchased a 1973 Corvette but am having a tough time insuring it. I can't even insure it as a primary because I have no car insurance history.

    What wast your ultimate solution to insuring your 59 Plymouth?

    Thanks for any tips,
    Ron
     
    rbench, Jul 31, 2017
    #13
  4. adjusterjack
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    adjusterjack Guru

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    Rbench, this was an old thread and the responders lost track of the original question so there's no way of knowing how the original poster solved his problem.

    You appear to have two issues.

    1 - Not having prior insurance. Well, you can get insurance, you're just going to pay a lot for it for a year or two until you have some insurance experience.

    2 - Collector car insurance without a primary vehicle. There are many collector car insurance companies. I suggest you call up each of them and explain your situation and see if one of them might write you a policy. Here's a list:

    Grundy
    Hagerty
    American Collectors
    J. C. Taylor
    Condon & Skelly

    There may be others.
     
  5. jasonsolo8
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    jasonsolo8 New Member

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    Hey Ron,

    Know this thread is a bit old but I am in the exact same situation stated in 2. I live in NYC and have no need for a primary vehicle. How did you resolve this and still get classic car insurance?

    Thanks!
    Jason
     
  6. meeotch
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    meeotch New Member

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    Resurrecting this old thread in the hopes that someone who found a solution is still getting update alerts. I'm in exactly the same spot: major metro resident who takes public transport, uber, zipcar everywhere and so doesn't have a primary car - but I'm inheriting a classic, and need to find a way to insure it.
     
    meeotch, Jun 6, 2019
    #16
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