The Ford Barn

tdlmomowers · 06-23-2011, 08:32 PM

Can anyone comment on which Antique Car Insurance they are using and has anyone compared rates. I am looking to insure my 1969 Ford Torino and really don't know what is the best way to go. I plan on using the car as a driver on nice days and am going to use standard licence plates instead of historical plates. I have got a quote of $107.00 dollars a year. Is this about right?

fordcragar · 06-23-2011, 11:37 PM

You might try a search, the following was found doing a search on "collector car insurance".

https://www.fordbarn.com/forum/search...earchid=549311

ford1 · 06-24-2011, 12:09 AM

$107 is cheap depending on what you have stated its worth, and the liablity you are carrying but ask them how many miles you can drive, who can drive the car, what happens if you have an accident in the parking lot of the supermart, at a $100 a year i dont think they will cover you for what you want to do with the car, ask a lot of questions dont get ambused later down the road, make them spell out what they will and will not cover

Daves55Sedan · 06-24-2011, 01:23 AM

Insurance is different state by state but around here you wouldnt get away with driving anytime you want on antique insurance. You would need to prove that you were on your way to or from a particular car event if you had an accident. If you couldnt prove it, your insurance is worthless.
I live in Madison County Illinois, probably the highest insurance rates here in the entire country. I pay $250 per year for liability only insurance on a regular policy. I drive my car everyday.

'59Edsel · 06-24-2011, 02:03 AM

I use American Collectors Insurance and am paying about $70 a year. They allow pleasure driving like you stated in your original post.

fordcragar · 06-24-2011, 02:26 AM

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I think that you have to decide how you are going to drive your car. If you are a causal driver the collector car insurance would probably work fine, if you plan to drive it everyday, then go with regular insurance.

If been thinking about the collector car insurance for a couple of years. The biggest factor is what are their restrictions. I just haven't looked at it hard enough to make a decision.

Merlin · 06-24-2011, 07:00 AM

$107 a year is real good! I have Grundy on my deuce and it's 300 yearly.

tdlmomowers · 06-24-2011, 07:05 AM

The quote that I got was from American Collectors Car Insurance. I listed the value at $8000.00 dollars which is a little high and they let you choose how many miles you think you are going to drive in a year. If I'm right, in the state of Ohio, you are limited to how many miles you can drive, if you have historical plates. I plan on using standard Ohio plates. I will check out all my options before I buy.

Ole Don · 06-24-2011, 07:53 AM

I have Hagerty. I have not compared them with others because when I was building a roadster, they let me insure a pile of parts before it was a car. Nobody else would do that for me.

Paul H · 06-24-2011, 10:01 PM

I have mine insured with Grundy.The premium is $111.00 per year.That's for the maximum liability and property damage allowed in Missouri and agreed replacement value of $12,000.There are no limits or stipulations on use of the car.I can drive it all I want.Only condition is that it must be parked in a locked building when not in use.

raceron1120 · 06-25-2011, 06:56 AM

Quote:

Originally Posted by Paul H

I have mine insured with Grundy.The premium is $111.00 per year.That's for the maximum liability and property damage allowed in Missouri and agreed replacement value of $12,000.There are no limits or stipulations on use of the car.I can drive it all I want.Only condition is that it must be parked in a locked building when not in use.

I also have Grundy, and with the same general stipulations (stored inside) except that I have permanent, YOM plates on mine. In Michigan the permanent plate limits driving. Basically, it cannot be used as a daily driver but I don't intend for it to be so the policy fits my needs.

A general rule to use for estimating purposes - is that the insurance premium is approximately 1% of the agreed value.

frank long island · 06-26-2011, 08:14 PM

i to have grundy my rates are $253.00 per yr in n.y with a $30,000 agreed value max.coverage no stips.

raisinhel · 06-30-2011, 05:09 PM

agreed value is paid out if the vehicle is considered totaled with no buy back option with some companies.
i dont know what company to go with i cant seem to get anything in writing.

be sure your agreed value is high enough to go right out and replace the vehicle the next day. dont 'short yourself to save a little money.

06-23-2011, 08:32 PM	#1
tdlmomowers Senior Member Join Date: May 2010 Location: Mansfield, Ohio Posts: 409	Collector Car Insurance Can anyone comment on which Antique Car Insurance they are using and has anyone compared rates. I am looking to insure my 1969 Ford Torino and really don't know what is the best way to go. I plan on using the car as a driver on nice days and am going to use standard licence plates instead of historical plates. I have got a quote of $107.00 dollars a year. Is this about right?

06-23-2011, 11:37 PM	#2
fordcragar Senior Member Join Date: May 2010 Location: Yakima, WA Posts: 479	Re: Collector Car Insurance You might try a search, the following was found doing a search on "collector car insurance". https://www.fordbarn.com/forum/search...earchid=549311

06-24-2011, 12:09 AM	#3
ford1 Senior Member Join Date: May 2010 Location: oroville ca. Posts: 1,554	Re: Collector Car Insurance $107 is cheap depending on what you have stated its worth, and the liablity you are carrying but ask them how many miles you can drive, who can drive the car, what happens if you have an accident in the parking lot of the supermart, at a $100 a year i dont think they will cover you for what you want to do with the car, ask a lot of questions dont get ambused later down the road, make them spell out what they will and will not cover

06-24-2011, 01:23 AM	#4
Daves55Sedan Senior Member Join Date: May 2010 Location: Granite City, Illinois Posts: 3,008	Re: Collector Car Insurance Insurance is different state by state but around here you wouldnt get away with driving anytime you want on antique insurance. You would need to prove that you were on your way to or from a particular car event if you had an accident. If you couldnt prove it, your insurance is worthless. I live in Madison County Illinois, probably the highest insurance rates here in the entire country. I pay $250 per year for liability only insurance on a regular policy. I drive my car everyday.

06-24-2011, 02:03 AM	#5
'59Edsel Senior Member Join Date: May 2010 Location: Los Angeles County Posts: 124	Re: Collector Car Insurance I use American Collectors Insurance and am paying about $70 a year. They allow pleasure driving like you stated in your original post.

06-24-2011, 02:26 AM	#6
fordcragar Senior Member Join Date: May 2010 Location: Yakima, WA Posts: 479	Re: Collector Car Insurance Sponsored Links (Register now to hide all advertisements) I think that you have to decide how you are going to drive your car. If you are a causal driver the collector car insurance would probably work fine, if you plan to drive it everyday, then go with regular insurance. If been thinking about the collector car insurance for a couple of years. The biggest factor is what are their restrictions. I just haven't looked at it hard enough to make a decision.

06-24-2011, 07:00 AM	#7
Merlin Senior Member Join Date: May 2010 Location: Inman,SC Posts: 192	Re: Collector Car Insurance $107 a year is real good! I have Grundy on my deuce and it's 300 yearly.

06-24-2011, 07:05 AM	#8
tdlmomowers Senior Member Join Date: May 2010 Location: Mansfield, Ohio Posts: 409	Re: Collector Car Insurance The quote that I got was from American Collectors Car Insurance. I listed the value at $8000.00 dollars which is a little high and they let you choose how many miles you think you are going to drive in a year. If I'm right, in the state of Ohio, you are limited to how many miles you can drive, if you have historical plates. I plan on using standard Ohio plates. I will check out all my options before I buy.

06-24-2011, 07:53 AM	#9
Ole Don Senior Member Join Date: May 2010 Location: St. Michael, Minnesota Posts: 1,713	Re: Collector Car Insurance I have Hagerty. I have not compared them with others because when I was building a roadster, they let me insure a pile of parts before it was a car. Nobody else would do that for me.

06-24-2011, 10:01 PM	#10
Paul H Senior Member Join Date: May 2010 Location: Boonville MO Posts: 104	Re: Collector Car Insurance I have mine insured with Grundy.The premium is $111.00 per year.That's for the maximum liability and property damage allowed in Missouri and agreed replacement value of $12,000.There are no limits or stipulations on use of the car.I can drive it all I want.Only condition is that it must be parked in a locked building when not in use. __________________ Paul H.

06-26-2011, 08:14 PM	#12
frank long island Senior Member Join Date: May 2010 Location: westbury ny Posts: 854	Re: Collector Car Insurance i to have grundy my rates are $253.00 per yr in n.y with a $30,000 agreed value max.coverage no stips.

06-30-2011, 05:09 PM	#13
raisinhel Member Join Date: Jul 2010 Location: southern Mn. Posts: 89	Re: Collector Car Insurance agreed value is paid out if the vehicle is considered totaled with no buy back option with some companies. i dont know what company to go with i cant seem to get anything in writing. be sure your agreed value is high enough to go right out and replace the vehicle the next day. dont 'short yourself to save a little money.