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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
    1,887
    Michigan
    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
    1,156
    Chicago
    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.
     
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  4. bradley ritner

    Aug 18, 2020
    9
    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
     
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  5. jjmalez

    jjmalez F1 Rookie
    Silver Subscribed

    Apr 8, 2005
    4,756
    Northern Illinois
    Full Name:
    Joseph
    Insurance options when living in downtown Chicago?

    Life insurance. Lots of it.

    ;)
     
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  6. tfazio

    tfazio Formula 3
    Rossa Subscribed

    Apr 20, 2004
    1,887
    Michigan
    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
    6,547
    Chicago
    Full Name:
    Walter
    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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