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

    Jul 15, 2011
    120
    STL
    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

    Jan 31, 2004
    5,953
    Burbank, CA
    Full Name:
    Hank Garfield
    #2 hank sound, Jun 18, 2015
    Last edited: Jun 18, 2015

    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
     
  3. dakharris

    dakharris Two Time F1 World Champ

    Jun 7, 2001
    29,441
    Sleepy Hollow
    Full Name:
    Cavaliere Senzatesta
    Can you define "full coverage?" What are your liability limits? BI/person, BI/aggregate, Property Damage (to others)
     
  4. 123howie

    123howie F1 World Champ

    Jul 3, 2014
    16,017
    El Segundo CA
    Full Name:
    Howie
    Do you buy your insurance from a guy in a van parked at the beach?
     
  5. 19633500GT

    19633500GT F1 World Champ
    Rossa Subscribed

    Nov 9, 2010
    11,925
    Blueberry
    Full Name:
    Muffin-Tops
    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

    Jan 31, 2004
    5,953
    Burbank, CA
    Full Name:
    Hank Garfield
    And was he was wearing a leather overcoat and a pointed hat?

    Cheers,

    Hank
     
  7. Dizengoff

    Dizengoff Formula Junior

    Nov 24, 2011
    625
    Chicago
    You must live in BFE.
     
  8. sidtx

    sidtx F1 Rookie
    Owner

    Feb 9, 2014
    4,454
    Frisco, Tx
    Full Name:
    Sid
    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

    Jul 15, 2011
    120
    STL
    My 996 turbo runs me $37 a month with coverage the finance company is comfortable with.
     
  10. rob

    rob F1 Rookie

    May 22, 2002
    4,129
    Vt
    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

    Jul 15, 2011
    120
    STL
    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

    Feb 5, 2014
    41
    SHEFFIELD U.K.
    Full Name:
    RICHARD SHAW
    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

    Nov 24, 2011
    625
    Chicago
    That's similar to what I'm paying through State Farm.
     
  14. dakharris

    dakharris Two Time F1 World Champ

    Jun 7, 2001
    29,441
    Sleepy Hollow
    Full Name:
    Cavaliere Senzatesta
    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

    Aug 1, 2004
    5,421
    Belgium
    Full Name:
    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

    May 22, 2002
    4,129
    Vt
    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

    Nov 8, 2014
    685
    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

    May 19, 2005
    1,395
    QC, CANADA (&CH, &F)
    Full Name:
    Walter
    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

    Dec 19, 2013
    125
    Chicago
    Full Name:
    Sean
    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

    Jul 1, 2013
    15,978
    Menlo Park, CA
    Full Name:
    Paul Chua
    #20 paulchua, Jun 30, 2015
    Last edited by a moderator: Sep 7, 2017
    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
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