| Author |
Message |
CraigFL
| | Posted on Saturday, December 16, 2000 - 6:53 pm: | |
Rob..
Just checked my policy again with Progressive and I'm paying $490 per year unlimited miles. You may want to check them out. You will need to call since their web site quote engine doesn't include Ferrari |
Rob Lay (Rob328gts)
| | Posted on Monday, December 11, 2000 - 1:48 pm: | |
I think I'm paying about $1,000 a year with Geico for my '86 328. That's full coverage with unlimited miles, and a few raised limits. I also added uninsured for these Texas drivers.
Does this sound reasonable? |
David Albright
| | Posted on Friday, December 08, 2000 - 8:22 am: | |
I've always used USAA insurance for both auto and home. Not sure if you're able to qualify for them. Anyhow I pay $1100 a year, I'm 28 and have a 348. Mileage for that is 5 - 7k per year. I also have a $0 deductible. They've always been great handling claims (none yet for the 348). Try looking at there website: http://www.usaa.com. Goodluck
Ps. It's always good to have a clean record. |
Peter
| | Posted on Thursday, December 07, 2000 - 10:24 pm: | |
Here in B.C., Canada, there is one company that handles insurance and licencing for vehicles. They have a Collector Car program which certain cars qualify and you adhere to certain rules. Mileage is unlimited and it is for a full year, but you are not allowed to drive it to work and/or school. You must have another car fully insured for that purpose. The cost is a big difference! My '75 GT4 (which qualifies) costs me $525 a year ($2 million third party liability, collision, comprehensive, etc), My '88 piece-of-s**t Colt costs me $1000! and is not as extensive as the Ferrari's policy!
What qualifies a car?: It must be 25 years and older. Or 15 years and older but no more than 1500 made in that year. Or 5 years and older if that company has ceased making cars altogether.
Cars must be original and unmodified. They also must be in excellent shape.
The best part: Collector Cars are exempt from "Aircare" pollution testing. |
CraigFL
| | Posted on Thursday, December 07, 2000 - 6:48 am: | |
When I bought my 328GTS I searched all over for good insurance. What I found was that the companies like Grundy( and others) that tell you they are for "classic/collectible" vehicles didn't fit my needs. They require extremely limited milage and conditions that require you to use your "regular" vehicle for most instances. Maybe this works fine if you have a classic that you only use for shows and parades.... The good point was the "declared" replacement value that they wouldn't dispute.
I found that Progressive Insurance best served my needs. I can drive my car when I want and for whatever reason I want and as much as I want. My cost per year is less than $1000.00 to do this. They are on the FCA recommended list as "Ferrari Friendly" and I can testify to that. They were VERY helpful in setting up my policy. |
Caribe
| | Posted on Wednesday, December 06, 2000 - 11:24 pm: | |
I noticed that some companies place very strict restrictions on the use and ownership of a Ferrari. Are there any companies that offer good rates and no more restrictions than any other car?
Also, any experience collecting insurance claims with any of these companies? |
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