What does your Mondial cost to insure? | FerrariChat

What does your Mondial cost to insure?

Discussion in 'Mondial' started by onefastman, Jun 18, 2015.

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  1. onefastman

    onefastman Karting

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    I am a 25 year old male, with many speeding tickets (few on my record), and no accidents.

    I just added my new red 1985 Mondial QV cab to my geico policy and couldn't believe what it is costing me...

    I gave them the vin, told them what I paid, that it would be for pleasure and it is going to cost me, with full coverage/$500 deductibles, drum roll.....























    $14.61 a month!
     
  2. hank sound

    hank sound F1 Veteran

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    Hi - - just for $hits & giggles, did your "insurance agent" flash open an overcoat, to reveal some "real Rolex watches for the unheard of price of just $25.00" ??

    Not possible (but do try to make me eat these words) :)

    Cheers, Hank
     
    Last edited: Jun 18, 2015
  3. dakharris

    dakharris Two Time F1 World Champ

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    Can you define "full coverage?" What are your liability limits? BI/person, BI/aggregate, Property Damage (to others)
     
  4. 123howie

    123howie F1 World Champ

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    Do you buy your insurance from a guy in a van parked at the beach?
     
  5. 19633500GT

    19633500GT F1 World Champ Rossa Subscribed

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    Geico doesn't have agreed upon value though, right? So, in effect, if you totaled it, would they look at all past 6-12 months of confirmed "Sold" vehicles to determine a value?

    My '82 is insured with Hagerty. $1,000 deduct, 5,000 miles a year, full coverage, liability, comp etc with an agreed value of $24,000 (that took me sending in 2 color photos). My premium is approx. $530 a year. I'm 29, no speeding or traffic violations in past 12 years.
     
  6. hank sound

    hank sound F1 Veteran

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    And was he was wearing a leather overcoat and a pointed hat?

    Cheers,

    Hank
     
  7. Dizengoff

    Dizengoff Formula Junior

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    You must live in BFE.
     
  8. sidtx

    sidtx F1 Rookie Owner

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    I live in a major metroplex (Dallas/Fort Worth), am mid 50's male, with a clean driving record (in the past 10 years).

    I insured my 85 Mondial QV ($25000) and 67 VW Karmann Ghia vert ($10000) with Hagerty for a combined sum of $430. I choose the highest coverage they offer.

    Sid
     
  9. onefastman

    onefastman Karting

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    My 996 turbo runs me $37 a month with coverage the finance company is comfortable with.
     
  10. rob

    rob F1 Rookie

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    You better check with your agent and see what they will value your car at if it gets totaled. I insure my stuff with State Farm and when I talked to my agent about agreed value on my Mondial he told me he wasn't sure he would have to check. I insured it with Hagerty 86 coupe agreed value 32k zero deductible, roadside assistance for 594 a year.
     
  11. onefastman

    onefastman Karting

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    I called yesterday and set the value at $30,000 and upped my coverage to $500,000 for all categories. It raised it to $27.17 per month.


     
  12. bsaboy

    bsaboy Rookie

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    My insurance is £225 p.a. (about $2.00 I guess) agreed value £20k and limited to 3000 miles a year,but then I am VERY old
     
  13. Dizengoff

    Dizengoff Formula Junior

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    That's similar to what I'm paying through State Farm.
     
  14. dakharris

    dakharris Two Time F1 World Champ

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    Attaboy! Now see if you can get an umbrella to go over that and you will be adequately insured.
     
  15. enzo360

    enzo360 F1 Veteran Consultant

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    Jurgen Durand
    Belgium.
    Male 45yo.
    5000 km limit yearly.
    Registered as oldtimer. (the car!!!!, not me)
    Agreed value € 23.000.
    Not used as primary vehicle.
    Adds € 119 a year to my normal insurance of my DD as I'm the sole driver in the family.

    Best
    Jurgen
     
  16. rob

    rob F1 Rookie

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    What is the agreed value on your car and also your deductible? I've been very happy with State Farm, I've had 2 claims and had zero issues on collecting them.
     
  17. Mondial83

    Mondial83 Formula Junior

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    I have classic auto insurance on my 82 M8 and the agreed value of 25,000 with 3,000 a year miles with 2,000 roadside parts, towing, hotel fees etc. it is insured as a classic with classic plates. My insurance is 240.00 USD a year with a 500 deductible.
     
  18. wrs46

    wrs46 Formula 3

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    That sounds about like mine here in Canada: I have "Silverwheels" classic car insurance company, $CDN 33,000 replacement value, $100 deductible and pay $CDN 278 per year.

    Had the cracked windshield replaced (OEM) and they paid nearly $7K without any fuss, and my premium did not go up!

    My mechanic told me that I should park the car at a dark street corner and "forget" the key inside...:)
     
  19. ChicagoFerrari

    ChicagoFerrari Karting

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    I'm also with State Farm and I have my 92 T insured as a normal car with no restrictions on mikes, etc and pay just under 100/month which I felt was great but now feel like I'm over paying.
     
  20. paulchua

    paulchua Cat Herder Lifetime Rossa Owner

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    Mine is $64 a month for 500K coverage - with Amica

    I have zero points though and never have gotten in an accident (thanks God) so that probably helped
    Image Unavailable, Please Login
     
    Last edited by a moderator: Sep 7, 2017

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