Kudos to Hagerty Insurance. | FerrariChat
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Kudos to Hagerty Insurance.

Discussion in 'Ferrari Discussion (not model specific)' started by BwanaJoe, Sep 11, 2008.

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  1. BwanaJoe

    BwanaJoe Formula 3

    Oct 23, 2006
    1,764
    Former Space Coast
    Full Name:
    Joe Burlein
    #1 BwanaJoe, Sep 11, 2008
    I know insurance for our cars gets talked about occasionally here on FChat. In case anyone is looking for insurance, or thinking about changing insurance companies I wanted to put in a good word for Hagerty. My 308 was damaged in a botched robbery attempt about three weeks ago. I called Hagerty and reported the incident and quite frankly asked if they were going to raise my rates or drop me. The agent said, "We don't do that." The appraiser showed up in two days and while he took pictures we talked about Hagerty vs other companies. He said Hagerty was one of the best to deal with when I came to payments (and Geico one of the worst). He said they would pay whatever it took (up to the stated value) to make the car right. I would not have to worry about an "approved" shop or haggling over shop rates. Well, he was right. His estimate was waaaaaaay off from the body shops due mostly to the rates. I left the car to be fixed and called the agent at Hagerty. He said, "no problem" just call the appraiser and he and body shop could talk it over. They did and Hagerty cut me a follow-up check! This has to be the easiest time I've every had with an insurance company (GMAC is a very close second). So, given this incident and the fact that I get unlimited miles and use, I HIGHLY recommend Hagerty.
     
  2. 62 250 GTO

    62 250 GTO F1 Veteran

    Jan 9, 2004
    7,765
    Nova Scotia Canada
    Full Name:
    Neil
    #2 62 250 GTO, Sep 11, 2008
    Good to hear some insurance companies are a pain to deal with.
     
  3. AustinMartin

    AustinMartin F1 Veteran

    Mar 1, 2008
    5,445
    Los Angeles/Idaho
    #3 AustinMartin, Sep 11, 2008
    Say what?? He just said he likes Hagerty, not hate it.
     
  4. Bullfighter

    Bullfighter Two Time F1 World Champ
    Lifetime Rossa Owner

    Jan 26, 2005
    22,599
    Gates Mills, Ohio
    Full Name:
    Jon
    #4 Bullfighter, Sep 11, 2008
    Joe, what do they charge/deductible? (I'm assuming you're not 20 years old with 8 points on your license...)

    I think he left out the comma after "hear". ;)
     
  5. AustinMartin

    AustinMartin F1 Veteran

    Mar 1, 2008
    5,445
    Los Angeles/Idaho
    #5 AustinMartin, Sep 11, 2008
    Ahh, now I see!
     
  6. GatorFL

    GatorFL Moderator
    Moderator Owner

    Nov 18, 2005
    16,969
    Wellington, FL
    Full Name:
    Duane
    #6 GatorFL, Sep 11, 2008
    As I'm insured with Hagerty, a very appreciated post. Love their magazine too.

    Jon, my policy is a $0 deductible, I think that is their standard.
     
  7. BwanaJoe

    BwanaJoe Formula 3

    Oct 23, 2006
    1,764
    Former Space Coast
    Full Name:
    Joe Burlein
    #7 BwanaJoe, Sep 11, 2008
    Last edited: Sep 11, 2008
    No deductible, agreed value coverage with no mileage limit. You MUST prove you have a daily driver. The TR6 (valued at 21K) and the 308 (valued at 35K) with BI of $50K/$100K, PD of $25K, PI of $10K is $132 per year for the 6 and $511 for the 308. The 308 is classified as an exotic and the TR6 is an antique. I believe next year I'll get to drop my rates because the 308 will go to antique status.

    BTW, they are very lenient on what they insure. I had my 95 M3 insured with them about 4 years ago. They would have insured my 00 M Coupe but NC wouldn't let them. Here in FL, they wouldn't have cared. (NC is also the state that just LOVES to let insurance companies jack up your rates)

    And no, I am not 20 with 8 points. Thanks for reminding me!
     
  8. Wade

    Wade Three Time F1 World Champ
    Owner

    Mar 31, 2006
    32,793
    East Central, FL
    Full Name:
    Wade O.
    #8 Wade, Sep 11, 2008
    Joe, nice to hear they dropped the mileage limit. They covered my Mondial 8 and TR8 for years; great rates but the limit was set at 2500k per annum at the time.
     
  9. tomberlin

    tomberlin Formula Junior
    Silver Subscribed

    Apr 9, 2005
    849
    Bethesda
    Full Name:
    tom berlin
    #9 tomberlin, Sep 11, 2008
    I dropped JC Taylor and went with Hagerty because I wanted my then 21 year old to be able to drive my cars and Hagerty allows it. Most insurers don't.
    Tom B.
     
  10. irondogmike

    irondogmike F1 Rookie

    Sep 8, 2006
    2,532
    San Diego area
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    Michael Tucker
    #10 irondogmike, Sep 11, 2008
    why would the 308 be a antique next year? I thought it had to be 25,isn't your 308 a 85?
     
  11. 62 250 GTO

    62 250 GTO F1 Veteran

    Jan 9, 2004
    7,765
    Nova Scotia Canada
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    Neil
    #11 62 250 GTO, Sep 11, 2008
    True story.
     
  12. anunakki

    anunakki Seven Time F1 World Champ
    Owner Rossa Subscribed

    Oct 8, 2005
    78,921
    Las Vegas Nevada
    Full Name:
    Jerry
    #12 anunakki, Sep 11, 2008
    Good to know !

    I have everything with State Farm and they are always great to deal with as well.
     
  13. SSNISTR

    SSNISTR F1 Veteran

    Feb 13, 2004
    8,046
    SFL
    #13 SSNISTR, Sep 11, 2008
    I have Grundy on one of my cars. They are great to deal with and the coverage is great. At such a low cost too.

    Some of you might want to look into them as well.
     
  14. CarmelFerrari

    CarmelFerrari Karting

    Apr 24, 2008
    80
    #14 CarmelFerrari, Sep 11, 2008
    lost a tr to theft and got 110% back from theft and property damage to the victims that my car ended up into..... GEICO will stand by their policy, and if you are a responsible owner, they will respect it "without penalties" and I was not responsible for anything except paying my bill for my premium...
     
  15. mwhitesell

    mwhitesell Formula 3

    Sep 17, 2006
    1,083
    Atlanta
    Full Name:
    Mark
    #15 mwhitesell, Sep 11, 2008
    I have Hagerty as well for my f-cars. I only found them because they would write a car owned by a corporation in another state. My motorsports corp is in Montana (for obvious reasons) and I live in Atlanta. They not only gave me a great rate, but the agents have been fantastic. I hope I will never have a claim, but it's good to hear they handled it well.
     
  16. John Vardanian

    John Vardanian F1 Rookie

    Jul 1, 2004
    3,080
    San Francisco Area
    Full Name:
    John Vardanian
    #16 John Vardanian, Sep 12, 2008
    Does anyone pay their Hagerty annual premium over two six month periods, like a normal car insurance premium? Thanks.

    john
     
  17. thecarreaper

    thecarreaper F1 World Champ
    Silver Subscribed

    Sep 30, 2003
    18,074
    Savannah
    #17 thecarreaper, Sep 12, 2008
    i think you can break it up that way, i pay for my 308 and 911 annually. i also have been with Hagerty for several years, with 5 ferraris, 3 lambos, 3 911's, the pantera, and the lotus esprit turbo. no claims thank goodness, and they are great on the phone.

    call them and ask, they are always looking to help.
     
  18. BwanaJoe

    BwanaJoe Formula 3

    Oct 23, 2006
    1,764
    Former Space Coast
    Full Name:
    Joe Burlein
    #18 BwanaJoe, Sep 12, 2008
    Nope, she is an 84.
     
  19. BwanaJoe

    BwanaJoe Formula 3

    Oct 23, 2006
    1,764
    Former Space Coast
    Full Name:
    Joe Burlein
    #19 BwanaJoe, Sep 12, 2008
    I've had the TR6 with them since about 96 and I've never had a mileage limit. How long have you been a customer?
     
  20. Euro Quattro

    Euro Quattro Formula Junior

    Apr 20, 2005
    344
    Vancouver
    Full Name:
    Kent
    #20 Euro Quattro, Sep 12, 2008
    I have Hagerty too,there great....zero deductible,unlimited miles & full replacement value for $548.00 yearly
     
  21. Wade

    Wade Three Time F1 World Champ
    Owner

    Mar 31, 2006
    32,793
    East Central, FL
    Full Name:
    Wade O.
    #21 Wade, Sep 12, 2008
    Maybe it was the option I selected back then since time for driving either was very limited. I had them insured with Hagerty concurrently for about 6 years. Bought the Mondi in February of '93, sold in July '99. The TR8 went into storage (huge mistake) around '04 or '05 so I terminated the policy. Sold the TR a couple of years ago to a river Capt. who lost his entire collection during Katrina.

    BTW, my friend Jeff (in Cocoa Beach) has a mint TR6 and a Stag, do you know him?
     
  22. cavallo_nero

    cavallo_nero Formula 3

    Nov 3, 2003
    1,707
    colorado
    Full Name:
    Giovanni Pasquale
    #22 cavallo_nero, Sep 12, 2008
    hagerty forked out 22 grand for my hail repair on the 308, no rate increase. awesome!
     
  23. BwanaJoe

    BwanaJoe Formula 3

    Oct 23, 2006
    1,764
    Former Space Coast
    Full Name:
    Joe Burlein
    #23 BwanaJoe, Sep 12, 2008
    No I don't think I do. Is he active in the local MG (yes, I know, but they are the only game in town) club? Curious because I haven't had time to check them out yet and would like to know how they are. If not, let him know the Brit Car Show is 1 November this year at Wickham Park.
     
  24. Bullfighter

    Bullfighter Two Time F1 World Champ
    Lifetime Rossa Owner

    Jan 26, 2005
    22,599
    Gates Mills, Ohio
    Full Name:
    Jon
    #24 Bullfighter, Sep 12, 2008
    Sounds very reasonable. Thanks for sharing.

    I think I'd take a slight increase (multi-car discount lost) on my daily driver policy by moving the Ferrari to Hagerty, but probably worth it for much better coverage.
     
  25. irondogmike

    irondogmike F1 Rookie

    Sep 8, 2006
    2,532
    San Diego area
    Full Name:
    Michael Tucker
    #25 irondogmike, Sep 12, 2008
    so Joe,you're saying when my qv hits 25 I can can different ins. on it,is that you're going to do? and I'm sorry to her what happen to you and your car,hope everything comes together good for you
     
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