NJ Collector Insurance opinions

[IROCdan330]

Can someone tell me how to go about getting some sort of "limited use" insurance/registration for my car?

I'm going to be picking up a DD, and need to figure out how to insure the camaro.

Going by NJMV the applications says I need to produce documentation saying my car is limited production blah blah blah...dont know if I can do that, so I'm looking for other, LEGAL, options.

[stoney2677]

Can someone tell me how to go about getting some sort of "limited use" insurance/registration for my car?

I'm going to be picking up a DD, and need to figure out how to insure the camaro.

Going by NJMV the applications says I need to produce documentation saying my car is limited production blah blah blah...dont know if I can do that, so I'm looking for other, LEGAL, options.

whats up dan,
when i went my ins card didnt say anything about limited use. that was a couple of years ago though. thers no harm in just goin there and seein if they allow it, doesnt take much time.

[Knipps]

whats up dan,
when i went my ins card didnt say anything about limited use. that was a couple of years ago though. thers no harm in just goin there and seein if they allow it, doesnt take much time.

it's all changed just recently

[Teds89IROC]

yea, unfortunately if you didn't have collector registration before september '07 you're pretty much SOL.

[NJSPEEDER]

give hagerty a call. they will cover any car from antique through new that is limited use. they don't really have any sort of mileage restriction, jsut terms of use, and they will even insure your project car if you decide to take the car apart for a major overhaul.

[IROCdan330]

give hagerty a call. they will cover any car from antique through new that is limited use. they don't really have any sort of mileage restriction, jsut terms of use, and they will even insure your project car if you decide to take the car apart for a major overhaul.

thanks tim thats exactly what I was looking for.

[Fast92RS]

Try grundy I have them and they as well have no vehicle age limit or mileage limits.

[ZeroCool8891]

and me and my friend on the collectors reg on our camaros no prob and sice sep 07 things have charge so from what i herd its a real pain to get a collector reg unless you have the prof

[stoney2677]

yea, unfortunately if you didn't have collector registration before september '07 you're pretty much SOL.

so how much of a pain is it if you have it already? i heard somethin about having a sponser from a car club.

[IROCdan330]

Try grundy I have them and they as well have no vehicle age limit or mileage limits.

I checked em out. Not only are they cheaper than hagerty, they seem to offer better coverage.

Do you need collector tags on the car or can I register the car like I have it now and just apply the insurance to it?

[BonzoHansen]

Hagerty told me they would not insure the 99 when I got it. I was thinking about driving it over the summer.

The best thing to do is get on the phone and call the ins. companies.

[Fast92RS]

No special tags needed. All you need is to fill out the app and send in with pictures of the car.

[EchoMirage]

is there any progress with this club giving support for the registration process? at least it couldnt hurt to try.

[maroman88]

i have my 88 under limited use with state farm so its on the regular insurance policy with the rest of the familys cars.

i also have an agreed upon value with them if the car is totaled. i had to show them similar cars for sale to prove the value, show them recipts that i have for work done and bring it to them to have pictures taken and so they can look at the car

[Fast92RS]

i have my 88 under limited use with state farm so its on the regular insurance policy with the rest of the familys cars.

i also have an agreed upon value with them if the car is totaled. i had to show them similar cars for sale to prove the value, show them recipts that i have for work done and bring it to them to have pictures taken and so they can look at the car

Grundy did not ask me for any receipts or prove to them what it was worth. All I did was give them the pictures of my car and told them a value I thought it was worth based on there charts that they have online and that was it.

[BonzoHansen]

You got agreed value with state farm? I've had more then 1 SF rep tell me they do not offer true agreed value. I'd love to see the endorsement language, I wonder if you really have stated value.

[lrdvadr]

Try American Hobbyist at www.americanhobbyist.com I have agreed upon value and there is no set restriction on mileage - just language that car is used for recreational driving.

[maroman88]

You got agreed value with state farm? I've had more then 1 SF rep tell me they do not offer true agreed value. I'd love to see the endorsement language, I wonder if you really have stated value.

i just up'd my agreed value last year

[jtower1969]

I use Hagerty for my 69...I've used them since 1994 and never had a problem. My step dad switched his 97 Jag to them a few years back...so I know they insure newer cars.

[IROCdan330]

Grundy did not ask me for any receipts or prove to them what it was worth. All I did was give them the pictures of my car and told them a value I thought it was worth based on there charts that they have online and that was it.

have you ever had to file a claim?

[Fast92RS]

have you ever had to file a claim?

No claims yet.

[WildBillyT]

have you ever had to file a claim?

This is really the million dollar question. I've had plenty of people tell me that their insurance company is great, but when I ask them if they've ever filed a claim they say no. Well then you really don't know how good they are then, do you! You just know that they are good at taking your money.

I used to think my insurance was too high until I wrecked a relatively new car and got damn near the actual value of it. Then a buddy of mine wrecked a car that was close to the same value of mine but had to fight and ***** to get even close to what I got- he had a company that had cheaper rates and supposedly "great service" and it ended up burning him.

No offense to anybody on here but, before you sign on with a company make sure to check with people that have filed claims. That way you can have an idea of how you will be treated when you need them.

[maroman88]

have you ever had to file a claim?

i have, and my 88 got hit while parked in my high school parking lot, 2200 in damage, no questions about why it was out, parked at the high school, on a weekday

[BonzoHansen]

This topic has been beaten to death at old cars sites. Like camaros.net and chevelles.net. Do some research ther as well.




Billy, I have heard good feedback on Hagerty claims processing.

[ar0ck]

Sure its easy to get the insurance, but what bout the Triangle Inspection which really counts on the street for some of us late model people...

[35thls1ss19]

wonder if i will have a problem getting it :-/ i have been putting it off for some time now and now i want to do it and they changed all the rules! i might just take a picture of the 35 Limited edition emblem on the side of the car and sent that in.

[Slow 88]

Try grundy I have them and they as well have no vehicle age limit or mileage limits.


How long have you been insured with grundy? I looked into them a few yrs. ago and I was told that my car was considered a "race car" lol..... So, basically they would not insure me..

[LS1LT1]

but what bout the Triangle Inspection which really counts on the street for some of us late model people...I have one of those on my Z28 but I never even tried for the reduced insurance rate, I might though.

[BonzoHansen]

i just up'd my agreed value last year

Just caught this elsewhere and completely jives with what others have told me. I suggest you read the fine print just to be sure.

the biggest problem is you don't have an agreed value policy; Allstate doesn't offer agreed coverage. Oh, you agree to a value and make payments on same, but it is not a true "agreed value" policy.

This comes up on many sites, and no matter how much I try to warn people they still swear that they have agreed value coverage when they really have stated value.

I personally have had Allstate for 25 years but not for my classic cars. That is why Grundy, Hagerty, etc. exist, as they offer a true agreed value policy that State Farm Allstate, etc. do not have. The problem is it's confusing and many people believe their coverage is different than what it really is. If in the policy they say something similar to this you do NOT have agreed coverage:

1. The actual cash value of the damaged or stolen property as of the time of the “loss”;

The cost or repairing or replacing the damaged or stolen property with property of like kind and quality; or

2. The amount shown in the schedule.

You'll notice they have the right to look at "comparable" vehicles, determine ACV, etc. This is the tip off that they are going to find other cars like yours and if they're less money then that's what they'll pay. A true agreed value policy does NOT have this wording; in a total loss you get the amount of the policy period, no ACV, comps, etc.

Here's a link with more info.

http://www.faia.com/web/2005/08/stated_amount_vs_agreed_value.aspx

Jody

[WildBillyT]

Just caught this elsewhere and completely jives with what others have told me. I suggest you read the fine print just to be sure.

Just to add:

Given the quality of rides that Jody builds and drives, this can be considered Gospel.