Insurance in NC... | FerrariChat

Insurance in NC...

Discussion in 'North & South Carolina' started by Owens84QV, Feb 9, 2015.

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  1. Owens84QV

    Owens84QV F1 Rookie

    Oct 2, 2001
    4,485
    Somewhere in NC
    Full Name:
    Greg
    #1 Owens84QV, Feb 9, 2015
    Well...in my quest to better insure the 308 (as values have been on the rise for a bit), I've found that Heacock and Barrett Jackson are not able to insure in NC as they don't Full Coverage.

    I know Hagerty can insure the car in NC.

    Who are people in NC using for their collector car insurance?
     
  2. hans2

    hans2 Karting
    Silver Subscribed

    May 11, 2011
    115
    Charlotte
    #2 hans2, Feb 9, 2015
    Hagerty
     
  3. Steelton Keith

    Steelton Keith F1 Veteran
    Owner Rossa Subscribed

    Aug 19, 2009
    6,599
    Raleigh NC
    Full Name:
    Keith Hall
    #3 Steelton Keith, Feb 9, 2015
    Greg. Try Amica. Very pleased with them; first rate service and competitive rates...helps of course if you have multiple policies with them. Did you ever get your FCA decal? I still have one for you
     
  4. Hoodude

    Hoodude F1 Rookie
    Silver Subscribed

    May 5, 2007
    3,187
    North Carolina
    Full Name:
    RE
    #4 Hoodude, Feb 9, 2015
    Hagerty..which is handled by my nationwide agent(who happens to be my son,so I got that going ;) )
    Cheers,
    RE
     
  5. southnc

    southnc Formula 3

    Dec 25, 2013
    1,765
    Charlotte, NC
    Full Name:
    Adam
    #5 southnc, Feb 9, 2015
    Have you tried your local State Farm agent? My Ferrari is no as old as yours, but their rates are very reasonable for mine.
     
  6. PATLEW

    PATLEW Formula 3

    Dec 3, 2007
    1,004
    Marvin /Waxhaw
    Full Name:
    Patrick Lewandowski
    #6 PATLEW, Feb 9, 2015
    Hagerty direct for the best rates. State Farm Nationwide or any other insurance would not insure an exotic.
     
  7. rsrracer

    rsrracer Guest

    May 13, 2009
    20
    Marvin NC
    #7 rsrracer, Feb 9, 2015
    State Farm has insured my 458 no problem and cheap too like 1500 per year.
     
  8. PATLEW

    PATLEW Formula 3

    Dec 3, 2007
    1,004
    Marvin /Waxhaw
    Full Name:
    Patrick Lewandowski
    #8 PATLEW, Feb 10, 2015
    Really I tried to get a quote and they would not do it. Did they insure it for full replacement? I have always tried to go out side of Hagerty but with zero luck.
     
  9. SCFerrari

    SCFerrari F1 Rookie
    Rossa Subscribed

    Jun 30, 2013
    3,737
    South Carolina
    Full Name:
    Rob
    #9 SCFerrari, Feb 10, 2015
    Both of mine are with Allstate in SC - no issues with getting coverage and good prices..
     
  10. GrayTA

    GrayTA F1 World Champ
    Owner Rossa Subscribed

    Jun 25, 2006
    15,112
    Deep South
    Full Name:
    PDG
    #10 GrayTA, Feb 10, 2015
    Dont know if its an option, but I have had great luck with USAA. I need to call them about upping my coverage though with the increase in values on 308s.




    PDG
     
  11. Aaron360

    Aaron360 Rookie

    Jul 22, 2012
    27
    Charlotte NC
    Full Name:
    Aaron Gray
    #11 Aaron360, Feb 10, 2015
    I have my 2010 458 insured with USAA at a great price, I use hagerty for my 1933 ford coupe which is dirt cheap considering I don't drive the ford very much.
     
  12. Owens84QV

    Owens84QV F1 Rookie

    Oct 2, 2001
    4,485
    Somewhere in NC
    Full Name:
    Greg
    #12 Owens84QV, Feb 11, 2015
    Thank you all for the inputs. Leaning towards Hagerty at this point. A little more expensive, however, an excellent reputation if and when claims are filed.

    USAA is not an option, Leland West...maybe. Heacock and Barrett Jackson are out.

    The other vehicles (BMW and Honda) as well as house are with Allstate. I thought I had an Agreed-Value policy on the Ferrari...come to find out...NO!

    I'll contact State Farm, not sure if they'd want the house and other cars as well.

    I hate shopping for insurance, absolutely hate it.
     
  13. Owens84QV

    Owens84QV F1 Rookie

    Oct 2, 2001
    4,485
    Somewhere in NC
    Full Name:
    Greg
    #13 Owens84QV, Feb 11, 2015
    Keith...I was having a chat with Jim Meek and got on the topic of old FCA decals. He had several and sent some to me. I'm now covered...thank you though!
     
  14. ManCar

    ManCar Karting

    May 6, 2009
    142
    Down South
    #14 ManCar, Feb 11, 2015
    I use Grundy for stated value policy.
     
  15. Owens84QV

    Owens84QV F1 Rookie

    Oct 2, 2001
    4,485
    Somewhere in NC
    Full Name:
    Greg
    #15 Owens84QV, Feb 13, 2015
    Stated Value or Agreed Value? (yes, I know they are different)
     
  16. ManCar

    ManCar Karting

    May 6, 2009
    142
    Down South
    #16 ManCar, Feb 13, 2015
    I say stated because I told them the amount and they accepted it without running values that I know of. The policy doesn't say either way, just states amount insured for.
     
  17. MASR04

    MASR04 Formula 3

    Feb 20, 2013
    1,504
    Eastern NC
    Full Name:
    Sean
    #17 MASR04, Feb 13, 2015
    I sell for State Farm in NC. They can do it and please know that any insurance company is required by law to write your auto insurance; they can't turn you away. However; what they offer may differ depending on many vairables.

    The problem with State Farm vs. Hagerty as stated in the initial post is that stated vs. agreed value is an issue with out cars as the market varies from time to time.
     
  18. Owens84QV

    Owens84QV F1 Rookie

    Oct 2, 2001
    4,485
    Somewhere in NC
    Full Name:
    Greg
    #18 Owens84QV, Feb 13, 2015
    You may want to call and inquire. Grundy and other sites have some good definitions of Agreed vs. Stated value policies. God forbid your car is totaled, the payout for Agreed and Stated can be two drastically different numbers.
     
  19. pjbass

    pjbass Rookie

    Oct 3, 2009
    10
    Full Name:
    Rick King
    #19 pjbass, Feb 14, 2015
    Grundy only offers Agreed Value policies. By the way, when I first got my 328 GTS, I asked a well-known Porsche collector about insuring my car. His reply was that he had used Hagerty for all of his cars for many years, and he highly recommends them. My car is insured with Hagerty.
     
  20. Owens84QV

    Owens84QV F1 Rookie

    Oct 2, 2001
    4,485
    Somewhere in NC
    Full Name:
    Greg
    #20 Owens84QV, Feb 14, 2015
    I'm in the process of finishing paperwork for an Agreed-Value policy with Grundy.
     

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