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Old 04-05-2018, 04:21 PM   #22
Nabco
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Join Date: Jul 2014
Location: Dublin, OH & Clyde, NC
Posts: 494
Default Re: Reducing Agreed Value

So I talked to two people at Hagerty today including a supervisor, I went through my policy two times and could not find any reference to “usage”. I asked the people at Hagerty to refer me to the place in the policy that’s talks about usage, the answer was it no longer exists, they DO NOT restrict the use of any classic car they insure, they want people to drive their cars, regardless if it is to a parade, a club event, a car show or just for fun, they used the exact words “just for fun”.

Their logic behind this is that people that own classic cars take better car of these cars then probably anything else they own, if they do not restrict usage that will bring more customers to them....makes perfect sense. The only restriction they have is they will not insure a classic car if it is your only vehicle, you must have another vehicle.....again makes perfect sense.

I got busy this afternoon and didn’t have a chance to call NCM but will do that tomorrow and ask the same question.
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