Insurance Question

[Bill W]

I realize insurance for our Vipers has been discussed over the years, but prices seem to be changing rapidly. Hagerty raised my insurance by $300 from last year. No accidents, no tickets. I drive 2000 to 2500 miles annually. I have a $60,000 guaranteed value. Seventy percent of the cost is for collision and "other than collision." I spoke with an agent, and there really is no way to get a substantially better price without making major changes. I realize there will be increases each year, but this is ridiculous.
There must be a better insurance company option, and I was wondering who y'all go with.

 

[daveg]

So I have Hagerty and I never look at the Bill.

My Wife and I have an agreement, I make the money and she spends it. Something appears to be wrong with that now that I just typed it.

I will ask her if it went up for us.

 

[Cap'n Hook]

I guess be happy it’s only $300. My homeowners insurance increased 30% this year!

 

[venm s 1]

Mine stayed same. Have had hagerty for 20 years. My gts is $900 year 70k. I have 3 cars with them.

 

[Bill W]

Mine stayed same. Have had hagerty for 20 years. My gts is $900 year 70k. I have 3 cars with them.

My Viper is at $1588 per year with the increase.
$60,000 guaranteed value
Liability - BI
$300000 / $300000
Liability - PD
$100000
Medical Payments
$1000
Uninsured Motorists BI Split Limits
$300000 / $300000
Underinsured Motorists BI Split Limits
$300000 / $300000
Uninsured Motorists PD
$100,000 Each Accident ($200 Deductible)
Underinsured Motorists PD
$100,000 Each Accident ($0 Deductible)

 

[JoeDirt]

What ever u do get Under Insured and Uninsured Motorist coverage. Already been down that road with my daily driver car.

 

[daytonaman]

I use Open Road Insurance, which is an MGA that writes on National Interstate Insurance Company's paper. 2008 Roadster, Agreed value $60k, i drive it about 2500 miles a year. I have 250k/500K on all, with $1000 deductible on collusion and comprehensive. $923/yr.

 

[Jametemp]

Try NCM (National Corvette Museum). I believe they go through AM Modern. I have 2 Gen II's and an 88 Alfa Romeo. I pay a little over $1200 per year. All agreed upon value, but limited to 3K miles per year.

 

[Bonkers]

PHLY automatically raised my Collectors Agreed Value
on the Viper $10,000 and lowered my 2025 bill by
$14 - $378/y to $364 for 2026.

On the other 10 cars my Nationwide bill went from
$6124 to $8803/yr...