Anyone else upping their insurance coverages?

My Hagerty insurance is due next month ... with the value of our cars going up I increased the valuation on both my cars ... everyone else doing the same?

 

heck, i can't afford any more insurance. i pay almost $4,000 a year now.

 

Does it have anything to do with that long list of cars in your profile!

 

"said in my best REDNECK voice:
"Bought another 38 for the yellow car....thats my insurance"

 

actually i think it has more to do with the ones that aren't listed in my profile.

 

I already over insured my cars. I got $28K on my Sprint, $10K on my Comet GT, and $5k on my 71

 

I was just thinking of that yesterday . Yes I `m gonna raise mine.

 

how reasonable is haggerty... and do they insure cars that are in the condition mine is in for a decent amount of coverage?

 

They do insure project cars ... they are reasonable but you are not supposed to use your car as a daily driver ...

Hagerty provides coverage for vehicles that are used on an occasional basis -- e.g. club functions, exhibitions, organized meets, tours and limited pleasure driving.

You can get a quote on thier website ..

 

had 17,500 on mine thru hagerty.....the 72 will be insured for 3 to 4 times that.

 

Not sure what you are doing to your 72 but Insuring it for $60 - $80K will probably raise some eyebrows at Hagerty unless you have an appraisal ...

 

I'm getting classic insurance on mine, thru State Farm. Going to insure it for $17,000 to $20,000....Only reason for going with them, is because I have all my cars thru them. They also know, it isn't my daily driver. Can only put 1,200 miles on it per year. Same thing for the State, with collector plates....

 

guess that leaves out another trip to knott's for you. only 1200 miles a year.

 

Yes! I thought about that. That's why I waited until I got back this year, to get classic insurance. If I go again, I'll have to let them know about the milage.

 

actually its more on the order of 52,500-70,000...but regardless,..I'm going by cost to duplicate (which is what I did on the 77). I expect the appraisal to be along those lines as well .