Re: Hagertys rates going up?
Stated value sets the maxium value the company will pay....so with a stated you get the ACV at the time of loss, up to the Stated Value...
Agreed means that what you get in the event of a total loss, the Value as agreed upon on the policy |
Re: Hagertys rates going up?
Yeah, I just looked at my declarations page and it says Agreed Value = $30,000. So, I guess it is a Agreed Value policy.
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Re: Hagertys rates going up?
Got in touch with Hagerty today,the claim I had a few months ago has nothing to do with the higher rates.As it was explained to me the rate was raised because I live in Ca,sound like BS to me.Grundy gave me a qoute of $600 with agreed value at $40,000.Called JC Taylor,their quote was at $500 but they would only go to $30,000 agreed value at total loss.When I mentioned to the Hagerty rep that I was shopping for a new insurance company,she didny really care.C-ya Hagerty.
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Re: Hagertys rates going up?
I dumped USAA after 20 years and went with Wawanesa for now (they only do business in two US states). Only a little bit cheaper though.
I tell you what, if the average sale price of the early ZR-1's goes any lower, I'm gonna start looking that the possibility of liability insurance. |
Re: Hagertys rates going up?
We went with Collector Car Insurance Inc., Agent Sandy Charvant has been doing collector insurance for about 18 yrs. Give her a call she answered a lot of questions other insurance guys didn't know or wouldn't commit to. She's really nice. We pay around $550 with agreed value $35000.
Here's her # Sandy Charvant 260-627-3355 800-787-7637 sandy@collectorcarins.com |
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