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Insurance for 1980s Ferarri

Discussion in 'Ferrari Discussion (not model specific)' started by Cjt4135, Sep 2, 2020.

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  1. Cjt4135

    Cjt4135 Rookie

    Sep 1, 2020
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    North Carolina
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    Craig
    #1 Cjt4135, Sep 2, 2020
    I'm looking to acquire my first Ferarri (1970s-80s Ferarri 308...) on the east coast hopefully this year. I have my mechanic lined up and have been going through this forum and facebook to become a more educated and informed Prancing Horse Jockey.

    I was wondering what insurance agency most of you use for your Ferarri. Do you run through your standard insurance provider (State Farm, Allstate, Farm Bureau, etc), or do you recommend running it through the alternatives (Hagerty, Grundy, American Modern, American Classics)?

    Obviously, rates are individualized for everyone based upon location, number of drivers, history, other policies, etc., but wanted to get this group's feedback on pros/cons to consider with a ~40 year old vehicle such as this.
     
  2. 350MH83

    350MH83 Formula 3

    Jul 11, 2014
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    #2 350MH83, Sep 2, 2020
    I assume east coast is US east coast, so I wont be able to help with insurance as I am from Europe, but I would suggest you check the spelling of « Ferrari » when posting on FerrariChat.[emoji6]


    Sent from my iPhone using FerrariChat
     
  3. ronc52

    ronc52 Karting

    Aug 25, 2010
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    Ron
    #3 ronc52, Sep 2, 2020
    Give Amy a call at Private Client Group and get a quote 419-794-1080, I have been with her over 10 years and she does a number of collections that I am aware of. mostly agreed value
     
  4. lopena

    lopena Formula Junior
    Rossa Subscribed

    Nov 3, 2003
    720
    #4 lopena, Sep 2, 2020
    I insure my 1988 328GTB in New Jersey with CHUBB classic car insurance. An Agreed Value policy ($125,000) costs me about $550/year, including liability insurance.

    Good luck,
    Alan
    N.J.
     
  5. Cjt4135

    Cjt4135 Rookie

    Sep 1, 2020
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    #5 Cjt4135, Sep 2, 2020
    Thanks so much for the recommendation
     
  6. Cjt4135

    Cjt4135 Rookie

    Sep 1, 2020
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    North Carolina
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    Craig
    #6 Cjt4135, Sep 2, 2020
    I'll have to contact them to discuss - thanks
     

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  7. ginoBBi512

    ginoBBi512 F1 Rookie
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    #7 ginoBBi512, Sep 2, 2020
    American Modern,., 125,000 Agreed value, about 1200.00 per year 89 328 GTS Im insured in California , so our rates are very high, I drive and ride all year long.

    Good Luck

    Thank you,
     
  8. Auraraptor

    Auraraptor F1 World Champ
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    #8 Auraraptor, Sep 2, 2020
    I had good luck with Grundy
     
  9. Jdubbya

    Jdubbya The $10 Trillion Man
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    #9 Jdubbya, Sep 2, 2020
    I'd suggest finding one you are comfortable with but unless you plan on daily driving the car I'd look at Collector car/agreed value policy. Just watch the details like mileage limits or secured parking. I used Hagerty when I had my 308.
     
  10. Husker

    Husker F1 World Champ

    Dec 31, 2003
    11,790
    western hemisphere
    #10 Husker, Sep 7, 2020
    Here are my suggestions in no particular order:

    State Farm
    Allstate
    GEICO
    Progressive
    Farmers
    USAA

    My preference is GEICO just because I like talking lizzerds. But the other ones are probably almost as good.

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  11. boxerman

    boxerman F1 World Champ
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    #11 boxerman, Sep 9, 2020
    Hagerty
     

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