value for Ins. Whats a fair price ?

That's who appraised my car. I sent a copy to Grundy when I applied for insurance and it was a done deal.

 

I might as well chime in too.

I have had Hagerty for many years now. Had a claim a few years back for a cracked windshield and it was handled very quickly and with no hassle. Also had to use the roadside service a couple years ago when the crank failed and killed the motor on the way home from Joplin. They had a flatbed sent out at midnight on a Sunday very quickly and set up arrangements for me at a nearby hotel after giving me a few to pick from. They didn't pay for the hotel, but it was nice to have someone take care of that detail at a time when stress levels are running at maximum.

At least here in Michigan there are a few requirements, like the need for an antique license plate, limiting your driving to "special events" and car shows (although no specific mileage limitation), proving you have other cars to drive for "routine transportation" and keeping the car in a locked garage (all of which were true for me anyway...well most, depending on how you define a "special event" ), but so far I have nothing but good things to say about Hagerty.

I think my yearly cost is a little over $200 per year for $20,000 of coverage.

 

Also, Hagerty won't cover damages done at race tracks.

Actually, they refuse to cover you if they think you are racing, at least here in Texas.

 

I was thinking about that after I posted. I believe they'll cover you if you're there as a spectator and something happens, but no dice if they think you've been racing.

 

Grundy has the same disclaimer in their policy.

 

idk if my maverick is 5000 but to me it is
and here is waht that told me


Your Hagerty quote


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Is my car’s value guaranteed?
Only Hagerty offers Guaranteed Value*, which means we start by agreeing on your car’s value, and then our policy guarantees that value with no depreciation.

Will I be able to drive my car?
Some companies impose a strict annual mileage limit. Not Hagerty. Our policy allows for reasonable pleasure use, with no fixed mileage restrictions.

What will happen if I have a claim?
Our in-house claims team gets 80 hours of hands-on training in classic car repair each year. And, we’re the only company with a dedicated Parts Specialist to track down the perfect replacement part for your vehicle.
*With our $0 deductible option, if you decide not to keep your vehicle after a covered total loss, you will receive a check for the vehicle’s insured amount.







$ 290/year
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Quote detail




Quote number
17759303



Quote date
January 16, 2012



Requested policy start date
February 21, 2012 [ change ]




State registered
Georgia [ change ]







Policy coverages
Hagerty clients typically select coverages and limits that match those of their regular use/daily driver policy.

$58
Liability
$100000 / $300000 (Per Person/Per Accident) [ change ]




$16
Liability - PD
$100000 (Per Accident) [ change ]




$6
Medical Payments
$1000 (Per Person/Per Accident) [ change ]




$20
Uninsured Motorist
$100000 / $300000 Reduced by At-Fault Liability Limits (Per Person/Per Accident) [ change ]




$10
Uninsured Motorists Property Damage
$25000 Reduced by At-Fault Liability Limits (Per Accident) [ change ]




$0
Motorcycle Passenger Liability
Declined (Per Person/Per Accident) [ change ]







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Vehicle #1


Vehicle information
1972 FORD MAVERICK - guaranteed value: $5,000



$74
Other than collision
$0 Deductible



$61
Collision
$0 Deductible



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Vehicle Under Construction coverage
Includes quarterly value increases and added coverage for tools

















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Additional coverages
Hagerty offers additional coverage options so you can customize a policy to meet your individual needs.

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Traveling Collector coverage
Trip interruption, added coverage for personal effects, and accidental death coverage.




$0
Spare parts
$750 included at no charge, $0 deductible Spare parts for Hagerty insured vehicles.




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Other parts
For any of your collector vehicles.









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Tools coverage
For tools used to maintain or restore collector vehicles.









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Automobilia
Historical or collectible items linked with motor vehicles are eligible.

















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Hagerty Plus with Guaranteed Flatbed Towing
This quote includes enrollment in our Hagerty Plus program.

$45
Guaranteed flatbed towing
We’ve started with our standard roadside assistance plan. If you drive longer distances in your collector vehicle, choose the plan that suits your needs.
Need more information?

10-Mile Plan - for those who stick close to home50-Mile Plan - for collectors who cruise to local shows125-Mile Plan - for true road warriorsWith Hagerty Plus, you also receive:

Historic Vehicle Association Registered Membership
Promotes and protects historic vehicles and the rights of their owners

Hagerty magazine
The historic vehicle community’s most widely read publication

And much more ...







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Applicant Information

Email address
maverick72ccg@yahoo.com



Date of birth
November 21, 1988













$ 290/year
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Coverage is not bound until accepted by Hagerty.


This quote is based on the information you provided above and may be subject to change. While the premium quote is based on a requested policy start date of Tuesday, February 21, 2012, the premium may change depending on the actual effective date of any policy that may be issued to you.


Hagerty Insurance Agency LLC is licensed in the state of Georgia under license number 104736 and is underwritten by Essentia Insurance Co.

 

My mav is now insured with Hagerty, final price was $190 for $8000 agreed value.... I have to say it has been a pleasure to work with these people....

 

Just as a side note, and I'm sure most drag racers have insurance on their cars, I have had insurance (for drag racing only) on all of my race cars. Most companies will insure your "race only" car 24/7, at your home as long as it has a locked garage from fire (where your home owners insurance will not touch a race only car), and it covers you during transport, if stollen, at the track from your pit stall to the staging lanes.............does not cover the car from the christmas tree to the end of strip, but does cover the car when on the return road and back to pit stall. My Maverick is insured for $30k and my trailer for $3k................and I wouldn't be without it. The cost is $480 per year.
There are a number of insurance companies like; Kincaid Racing Insurance, William Horton, Gulfway, and Heacock to name a couple.

 

in dealing with trying to figure out a value of my maverick when it was wrecked it was appraised twice. the insurance companys appraiser appraised it at 16,200.00 and the appraiser i hired came in at $30,000.00. then we had to get an arbitrator to talk with both appraisers to come to an agreed value. he came to $20,000.00.
now i had JBA give me an estimate to do the rebuild. they came in at $45,000.00 and said it would take 9-12 months.

my experience with appraisers is that they are full of BS. when its a popular car like a mustang or camaro or other collectible cars its easy to appraise the value. when teh car is rare and unique like a maverick, they dont have a clue.
i provided them with $25,000 of parts and labor i paid out for machine work, paint, and the cage. i showed adds for cars with similar modifications ranging from 15k to 25k. in the end these guys just kinda decided on a price they made up.
the 20k wont cover my time and cost that it will take to build another car. im going to have a agreed value insurance for my next car and it will be high enough to cover the full rebuild cost of my car, not the sellable value.
the lesson i learned is to not underinsure my cars, and that the car can be destroyed in a blink of the eye.

 

I got a 74 F250 that is on Nationwide an listed as daily driver with unlimited mileage for $45 a month liability an said I could get it appraised an get more insurance on it. I am going to add the Mustang & Maverick when I get one to it with no problem. Everybody else I call say 6,000 miles a year only with Classic car Insurance. Most insurances go by NADA or Kelly Blue Book one thing bout the Mavericks they dont book high but they should.