Why was my quote from Haggerty 2x Grundy's?
 

I just got off the phone with both Grundy and Haggerty Classic Car Insurance agents. How come my quote from Haggerty was twice as much as my quote from Grundy? I gave them both the same information. The only difference between the two was what they wanted as far as information. Grundy only wanted 2 pics of car, both being exterior. Haggerty wanted 4 photos, exterior/interior/motor/trunk with lid open.

Both policies were pretty much the same. Anyone know why such a big difference in price?

I have Hagerty and they were the best rate for me ,dont know why such a difference. But I have heard good things about Grundy as well.

Hard to say. Hagerty wants to see the engine to see if it's heavily modified, like for racing. What tires where on the car in the pictures? Street slicks? They might not like that.

I am still scratching my head as to why ones 300 bucks and the other is 600 a year.

The quote was based upon a phone call. No pics exchanged yet.

Keep us posted!

Well go with Grundy. Both Grundy and Hagerty have good reputations. You could always call Hagerty and ask them why.

I got to reading all the restrictions that Grundy had and its staggering. I don't really think we have a choice in who to insure it with.

Mind if I ask what you have it valued at? $600 seems really high... I have Haggerty, and it's under $300/yr with it valued at $25,000.

Sure its 30K

I have stated a value of $25,000.00 on my Chevelle from 2001 that we still use and my yearly premium through Hagerty is $266.00 per year.

I don't know if I should get my car re appraised for current vlaue or just leave it be.

Im with Hagerty but its underwritten by Farm Bureau so that may be the difference with mine.

I was using another underwriter a few years ago and it was closer to $300.00, then I switched to Farm Bureau this year and it went down to the $266.00.

Farm Bureau has everything else of mine so I figured they could do the classic car as well.

Hagerty also will insure my antique tractors too.

See and we use Farm Bureau for everything else too. Our agent said it would likely be about 1400 a year with them.

Want my agents phone number?

He also did my sons 69 malibu.

You are getting hosed for some reason.....:confused:

I think I see why yours was cheaper through FB. Its a stated value policy where I have been pricing out agreed upon value policies. Its the only thing I can think of.

I would still be interested in chatting with your agent. Could you private message me his contact info ? Thanks

Dave

Grundy did have you sign a release that the car will not be used for any type of racing. I also realized that the Grundy policy did not include the new fee that Michigan Insurance companies have added to all vehicles, which would increase it $125.00. So the difference is still between $125-$150.

I looked at it does say agreed on value.

I know he asked if there were any modifications, which leads me to believe if they don't look and run like a drag car the rate would be less....maybe?

He took pics of car both interior and under the hood as well as a couple of exterior side shots.

Private Message sent.