Insurance options when living in Downtown Chicago

Discussion in 'Chicago' started by tfazio, Sep 10, 2021.

  1. tfazio

    tfazio Formula 3
    Rossa Subscribed

    Apr 20, 2004
    Hi all,

    I am looking for some assistance here. I sold a Ferrari to a client who lives in Downtown Chicago and he is looking for a reputable insurance company to insure his new Ferrari. Can any of you recommend any insurance companies? Feel free to direct message me if you prefer. Thanks!
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  3. JP365

    JP365 Formula 3

    Mar 8, 2007
    Full Name:
    John Fanning
    I’m in Ravenswood (neighborhood on the north side of Chicago) and I currently use American Modern. I use to use State Farm, but their rates were higher and didn’t have agreed value. They also required an appraisal every year or two. No issues with where I lived with either. That said, is the issue with the communal garage in a high rise? AFAIK, State Farm is ok with that. Not sure about American Modern.
    tfazio likes this.
  4. bradley ritner

    Aug 18, 2020
    Insurance can be tough if you don’t have a private garage. I live in Old Town in a high rise and no one would insure my 87 Countach in the communal garage in my building.

    Went with Hagerty and now rent a slot at their Hagerty garage which of course meets security criteria.

    Lots of big dollar cars stored there so may be worth a look.

    Their insurance options are designed for collectors as long as it is not your daily driver.

    Sent from my iPhone using FerrariChat
    tfazio likes this.
  5. jjmalez

    jjmalez F1 Rookie
    Silver Subscribed

    Apr 8, 2005
    Northern Illinois
    Full Name:
    Insurance options when living in downtown Chicago?

    Life insurance. Lots of it.

    absostone, tatry68 and tfazio like this.
  6. tfazio

    tfazio Formula 3
    Rossa Subscribed

    Apr 20, 2004
    Thank you for all of the replies. They were very helpful.
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  8. Townshend

    Townshend F1 Veteran
    Rossa Subscribed Owner

    Jul 20, 2005
    Full Name:
    To chime in I've had both State Farm and Nationwide for higher end vehicles living downtown and in communal garages. Good luck!

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