To save, remove items you don’t need on certain cars like rental, you have several cars, it’s not like they’re going to get you a Ferrari. Towing, if you have AAA then you don’t need towing on your policy.
Never heard of it, but I’m looking it up now. My 355 with less value is 6 fold that. Update: did the online quote and it went to 7 fold...you must be in a really cheap state for insurance. Sent from my iPhone using FerrariChat
I have Condon Skelly in NJ. I went to a broker recommended by Mike from Yellow Compass. They were very easy to work with. We set an agreed upon value for the car and I have not and hope to never make a claim. Cheers, Corey
Geico does not insure Ferrari in CA, at least it is not on their online list. My quotes for annual premiums for my 2002 456M GTA 50Kmls fixed value $60K: - Hagerty $ 1091 - State Farm $2264 - Grundy $932 - AAA $ 1600, but they were the only one that did not let me dictate the value of the car. My experience (this is not my first used sportscar) is that you just have to shop around online. It is easy with the online quoting, you will get calls but just low ball them in the call with a number that you are willing to pay. And everytime other companies have won, so I have insurances with 3 different companies. Even if I try to bundle, it is more expensive. So for your Ferrari, shop around and take the one that fits you best.
They just notified me that they won’t cover my 348 any longer. 55 years old, perfect record and never a claim. Have 3 cars insured with them…
Talk to Chubb…they have a large classic car program and are well respected for their claims paying…I have four collector cars with them. good luck, Alan N.J.
Might you have a comparison to Hagerty? My premiums with Hagerty have been reasonable once I reached their drivers club level. Seems a lot of rally’s and car events are now sponsored by Chubb. Seems to me they have previously been a background insurer, but have come to the forefront lately.
Back when I made the switch from Hagerty to Chubb, Chubb was cheaper (but that was a good ten years ago). You’ll need to get current quotes to know for sure. Chubb figured out that car collectors usually have above-average income and wealth, meaning they have big houses, boats, jewelry, vacation homes, etc….all things that need insurance. Alan N.J.
I was dis appointed with USAA rates that keep goin up on my cars..$8178.00 annually for a 2013 458 and a 2017 DB11. Looked into American Collectors Car Insurance...their quote was under 5000.00. However, after I uploaded multiple pics of cars and storage area, mileage, etc they informed me they were only insuring "hobby" vehicles now.. cars only driven to car shows. Even though the sample policy they sent me said occasional drives to work, etc were ok. I drove my cars about 500-700 miles a year. So....they want to insure cars that are not driven..nice work if you can get it. I would suggest avoiding them unless you fit the above mold...and, oh yea, they want pictures of awards it wins to prove you go only to shows.
Try Geico. I just added my 16 Cali T to my policy in NC and my premium went DOWN from the 991.1 I traded in.