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post your insurance rates

Discussion in '308/328' started by rob lay, Sep 13, 2020.

  1. rob lay

    rob lay Administrator
    Staff Member Admin Social Subscribed Miami 2018 Owner

    Dec 1, 2000
    52,325
    Southlake, TX
    Full Name:
    Rob Lay
    I haven't thought about it much lately, my AIG Grundy policy much less than what Hagerty quoted me, but Jennie just found a deal (I don't know what company) that was half of our old AIG Grundy with more AV.

    So these are current...

    1986 328 GTS

    AIG Grundy - $810/yr $70k AV
    <unknown> - $487/yr $80k AV
     
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  3. thorn

    thorn F1 Rookie
    Silver Subscribed

    Aug 7, 2012
    2,930
    Tallahassee, FL
    $1200/yr / Hagerty (Florida)
     
  4. built2grind

    built2grind Formula Junior
    Silver Subscribed

    Oct 16, 2016
    321
    The Peninsula
    Full Name:
    ANDREW
    1984 Ferrari 308 QV
    (California)
    Hagerty
    $541yr / $75k AV
    Multi-car policy tho
     
  5. PappyDewBoston

    PappyDewBoston Karting
    Silver Subscribed

    May 2, 2018
    151
    Boston
    Full Name:
    Chris Nadeau
    You guys obviously don’t have 3 teenage drivers living at home.


    Sent from my iPhone using FerrariChat
     
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  6. Brian Harper

    Brian Harper F1 Rookie
    Owner

    Feb 17, 2006
    3,868
    San Jose area
    Full Name:
    Brian Harper
    $482 per year on a regular auto policy along with the rest of the fleet with USAA.

    I have a 15 year old, so I'm pretty close to knowing first-hand what adding a teenager does to the policy.
     
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  8. Dane

    Dane Formula 3
    Rossa Subscribed Owner

    Apr 25, 2002
    1,327
    Manhattan, MT
    Full Name:
    Dane
    1978 GTS. Hagerty. $1320/year. ZERO tickets. 805 credit score. WTF. Time to reevaluate.
     
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  9. Steve Magnusson

    Steve Magnusson Two Time F1 World Champ
    Lifetime Rossa

    Jan 11, 2001
    20,289
    Texas
    Full Name:
    Steve Magnusson
    Is this for a daily use/commute-to-work policy or a limited use policy? (I.e. cost comparison is meaningless without same coverage and same loss/ticket/accident history.)
     
  10. derekw

    derekw Formula 3

    Sep 7, 2010
    1,324
    London, UK
    Full Name:
    Derek W
    Hagerty UK. declared value £65k, parked/in storage £229
     
  11. rjlloyd

    rjlloyd Formula Junior
    Silver Subscribed

    Jun 19, 2014
    313
    Brisbane, Australia
    Full Name:
    Richard Lloyd
    Australia agreed value $150000 , limited mileage cost $880 per year


    Sent from my iPhone using FerrariChat
     
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  13. rob lay

    rob lay Administrator
    Staff Member Admin Social Subscribed Miami 2018 Owner

    Dec 1, 2000
    52,325
    Southlake, TX
    Full Name:
    Rob Lay
    who gets a commute to work policy for a 328? most people our age are about average too no recent accidents and maybe a ticket here or there.

    FYI our policies have always allowed at least 3-5k miles.
     
  14. Steve Magnusson

    Steve Magnusson Two Time F1 World Champ
    Lifetime Rossa

    Jan 11, 2001
    20,289
    Texas
    Full Name:
    Steve Magnusson
    People who actually regularly drive their Ferrari to enhance their daily life -- we do exist. The title of your post should've been "Post your insurance rates for a limited use policy" ;)
     
  15. rob lay

    rob lay Administrator
    Staff Member Admin Social Subscribed Miami 2018 Owner

    Dec 1, 2000
    52,325
    Southlake, TX
    Full Name:
    Rob Lay
    show me your odometer 15,000 miles a year and you win.
     
  16. ferrariowner

    ferrariowner Formula Junior

    Feb 21, 2014
    799
    Mansfield, TX
    Full Name:
    Ron
    $75k value
    1 year policy w/ SAFECO
    $250.20
     
  17. Steve Magnusson

    Steve Magnusson Two Time F1 World Champ
    Lifetime Rossa

    Jan 11, 2001
    20,289
    Texas
    Full Name:
    Steve Magnusson
    I driven my F (including commuting to work and going to HEB ;)) about 6000 miles per year for the last 33 years (gone down some since I've fully retired and no longer commute). Don't know why you are getting so damn defensive, nor is 15K miles per year some sort of magic number. Some low-cost policies would only allow garage storage and driving to and from car shows -- if that works for you = great, but doesn't define the cost of all policies.
     
  18. rob lay

    rob lay Administrator
    Staff Member Admin Social Subscribed Miami 2018 Owner

    Dec 1, 2000
    52,325
    Southlake, TX
    Full Name:
    Rob Lay
    all the policies I posted would be just fine for your usage and most of the others. I drove 328 1-2 times a week and still put 3k a year. there isn't a huge difference between the 1,500 mile and 5,000 mile policies, they all seem to be about $500 +/-.
     
  19. Steve Magnusson

    Steve Magnusson Two Time F1 World Champ
    Lifetime Rossa

    Jan 11, 2001
    20,289
    Texas
    Full Name:
    Steve Magnusson
    OK - you win! DONE!
     
  20. rob lay

    rob lay Administrator
    Staff Member Admin Social Subscribed Miami 2018 Owner

    Dec 1, 2000
    52,325
    Southlake, TX
    Full Name:
    Rob Lay
    ;)
     
  21. Jeff328

    Jeff328 Formula 3
    Silver Subscribed

    Sep 5, 2006
    2,276
    WI
    1988.5 328

    $121,700 agreed value
    $520.95/year through Condon Skelly
     
  22. Milkshaker0007

    Milkshaker0007 Formula Junior

    Sep 22, 2012
    348
    Midlands,uk
    Full Name:
    Paul
    agreed value £80,000
    £400 unlimited mileage
    classic line insurance UK
     
  23. miketuason

    miketuason F1 World Champ
    Silver Subscribed Owner

    Feb 24, 2006
    14,301
    Cerritos, CA.
    Full Name:
    Mike
    1984 QV
    Grundy
    Full coverage
    $80,000 Agreed value
    $0 deductible
    Unlimited mileage
    $475/ year
     
  24. bill brooks

    bill brooks F1 Rookie
    Silver Subscribed

    Jul 30, 2007
    3,571
    waynesburg,pa
    Full Name:
    bill brooks
    1987 328 gts
    antique class.
    $500 deduct-collision
    $500 deduct-damage other than collision
    $54100 agreed value
    no mileage restriction or lay-up required

    $307. 17 / yr. annual premium
    condon skelly- carrier
     
  25. J-P

    J-P Karting
    Silver Subscribed

    Nov 15, 2007
    173
    These are not good comparisons. Some of the policies listed do not allow “pleasure driving”, some do. I pay a little more than some of these policies listed, but I can drive it wherever and whenever I want as long as I stay within the mileage limitation, which is quite reasonable. Worth it to me to have that flexibility and lack of restrictions.
     
  26. rob lay

    rob lay Administrator
    Staff Member Admin Social Subscribed Miami 2018 Owner

    Dec 1, 2000
    52,325
    Southlake, TX
    Full Name:
    Rob Lay
    I don’t know if any policy Hagerty, Grundy, etc that doesn’t allow pleasure driving. If anything they just want to know it isn’t your primary driver.
     
    miketuason likes this.
  27. J-P

    J-P Karting
    Silver Subscribed

    Nov 15, 2007
    173
    I believe it was indeed Grundy while I was checking rates recently, when asked if I could drive my car to the grocery store as a hypothetical scenario to their definition of “pleasure driving”, stated no, not allowed.

    How about to work once in a while? No.

    That's when I moved on, as the answers to both of those questions from Hagerty was, “absolutely, we want you to enjoy your car”.

    I think people need to be darn sure about what their insurance companies define as “pleasure”. It wouldn’t be a very nice surprise when your insurance company doesn’t cover you for something YOU believed fit within the parameters of pleasure driving.

    Just because you’ve been doing it and getting away with it does not mean you are covered.
     
    Steve Magnusson likes this.
  28. Cirorsi

    Cirorsi Formula Junior
    Silver Subscribed

    Nov 10, 2016
    479
    Louisiana / Lac du Saint Sacrement, NY
    Full Name:
    Steven
    In my opinion, it all depends upon where you live / register your car. I insure most of my cars with USAA but the 308 is with Chubb. Louisiana, hands down, is the worst state for exorbitantly high insurance premiums due to the extremely high rate of Uninsured motorist (It's cheaper for the numbnut to pay the fine and get re-instated vs paying a premium each month).

    Chubb: agree value of $85000. no deductibles, no limitations, 3,000 miles per year. Same everything but registered in NJ would be 1/3 less.
     

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