Which antique car insurance firm(s) do you use for your antique BMW(s) in the US?

I have our (3) classics with Hagerty. We've been nothing but pleased. The combined agreed value is roughly $70k, and our premium is $672/year. This is a fresh number, as our premium is due soon. I've used the towing service once -painless, although in hind sight I wish I hadn't used it. We haven't had any full blown claims, but the experience has been nothing but pleasant thus far (the past 11 years).
 
Hagerty has been very easy to deal with in every way…contact Paul he will make it happen.


IMG_2262.jpeg
 
I use JC Taylor 3 cars about 90K insured I just added my dads Volvo p1800 I think my premium is about 600 or 700 for agreed value. I had a claim for the CSI as it caught fire 2 years ago, got 8700 for repairs not enough but I paid for some things cash with no receipts. All and all a good experience with my claim.
 
I suggest going to "Consumer Reports" and reading their take, pun, on the Big Players in the insurance market. For years a friend had recommended Erie Insurance. But I persisted with State Farm for decades, even insuring my Coupes and a glorious 2002 with SF as classics. Then a debacle of enormous proportion and frustration that eventually ended well for me. At which time I got a quote from Erie for the Subaru and Home Owners, switched to Hagerty for the Bavaria and save over $1,000 in yearly premiums.

I am now with one of CR's highest rated insurers. I had no idea SF and Hagerty were in bed. One can only hope.

Here is CR's take on Erie. https://www.consumerreports.org/money/car-insurance/best-car-insurance-companies-a8534720090/

They now write in NJ.
 
I have been insured on normal cars with State Farm since I started driving in 1989. I inquired with my SF agent's office about a collector policy and they looked at me like I was speaking Greek. (Eventually I learned, or was told, that SF did not offer collector policise in Illinois - apparently that's not true any more.) 3-4 years ago I moved most of my old cars to American Collectors; I had no problems with them, but premiums doubled in 3 years so I shopped around and switched to Hagerty, for about 60% of the cost for the same coverage.

My Saab (1985 SPG) has remained insured with State Farm. A few years ago I had it on a rally in West Virginia and hit a deer. It wasn't bad as far as deer strikes go - it didn't go over the hood into the windshield, instead just taking out the lights and grille and damaging the hood and a little bit of one front fender. I was really worried SF would total it, but after asking the local Saab shop for a recommendation on a body shop that could fix it, SF didn't blink. I had to find the parts myself (shop's requirement) and finding Euro headlamps was a pain, but once I had them I just delivered them with the car, the shop (who was in-network with SF) did the work and I paid them my deductible. All in all a very good experience.
 
CSteve said:
I had no idea SF and Hagerty were in bed.
Click to expand...
I noticed my Progressive Ins (we use for our dailies) app had a "Classic car" option. I clicked it and it took me to Hagerty. I've been with Hagerty for 25 years. Time to shop.

I remember I couldn't wait to turn 25 so my insurance rates could go down. Now I find that when you turn 65 they raise rates. WTF!
 
John, plesase let us know what you find when you shop for Hagerty alternatives. For me, Hagerty is tainted by any relationship with or connection to the Big Insurers.
 
Speaking of insurance.... Anyone here have an old boat insured with Hagerty? (FYI - not wooden boat old, but mid 1980's fiberglass old- probably worth about $7k)
I have the boat covered with my regular insruance, but this discussion had me think about moving it over to Hagerty. I use the boat once every five years - LOL.... and will likely sell in the near future, but... still need to insure it till I let it go...

Thanks
 
I filled out an application for JC Tayor online and they came back with a $700 less quote than what I am paying Hagerty. I thought they might be more restrictive so wasn't sure if I was interested. However, I did submit the online application. That was Feb 13 and I haven't heard back from them and just renewed with Hagerty. They would need much better customer support for me to change from a known quantity such as Hagerty.
 
I’ve been a Hagerty customer since 1999. They have always been easy to deal. I have never had to file a claim.
Currently three cars insured at a total agreed value of $70K. $1000 deductible on all cars. Renewal is next month at a cost of $1048. Got a quote from Grundy for same coverage with $0 deductible for $677. Nearly a $400 saving.
My concern is one of my cars is a 2004 e46 that I drive more than the other two. My research found that Grundy is not as lenient if something happens if you’re driving your car for non-pleasure/car show event. Supposedly Hagerty is not as strict if I drive to the grocery store.
Trying to decide if the savings are worth it. Is it a situation where you get what you pay for?

Update: So if I remove my 2004 e46 and just insure the e9 and e28, Hagerty rate goes down to $684. Grundy would be $514.
Only $170 difference. I’ll likely stay with Hagerty.
I’ll move the e46 to our existing Progressive policy for our Honda Prologue for less than $100 per year increase.
 
Last edited:
You must log in or register to reply here.
Back
Top