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-   -   Hagertys rates going up? (http://zr1.net/forum/showthread.php?t=18864)

Z51JEFF 11-18-2012 07:56 AM

Hagertys rates going up?
 
I just got my insurance renewal from Hagerty and its gone from $760 a year to $880,2 cars.No tickets,one claim in the last 12 months.Anybody else noticed their policy going up?I dont really want the hassle of shopping for a new INS company,been pretty happy with Hagerty but if they raise my rate,have no choice really.

Fully Vetted 11-18-2012 08:16 AM

Re: Hagertys rates going up?
 
Check out J.C. Taylor. I pay $435 for a stated $30,000 policy. No tickets.

LGAFF 11-18-2012 09:09 AM

Re: Hagertys rates going up?
 
Jeff, it might just be overall loss pressure driving the rates, not necessarily your driving, etc....Hurricane Sandy will have some impact on countrywide rates too....call them and discuss...

Daniel_Mc 11-18-2012 10:18 AM

Re: Hagertys rates going up?
 
I had Harerty for years on the 3 cars it was about 1,200.00 a year but in my state they would not give me uninsured motorist coverage. I moved to the NCM insurance and got the uninsured motorist coverage and a higher agreed value on the cars with a 800 something bill. Plus the NCM gets a part of that. Give Adam a call and just see it couldn't hurt.

Daniel

LGAFF 11-18-2012 10:56 AM

Re: Hagertys rates going up?
 
Might be a stacking issue in your state.....some states you can stack limits on cars that were not even in the accident....

So if you have 7 cars with 100K UM limits in most states you get 100K limits....if the state requires stacking they would have to give you $700K for one accident...kinda hard to stay afloat in those situations...I would have to look at what LA law says, there is a reason they do not offer.

LGAFF 11-18-2012 11:00 AM

Re: Hagertys rates going up?
 
LA not a stacking state, will have to look up what the issue is

A1990 11-18-2012 11:47 AM

Re: Hagertys rates going up?
 
Two observations: Never had insurance where I was paid on a claim that my rates didn't go up and second get agreed value insurance, NOT stated value.

Z51JEFF 11-18-2012 05:18 PM

Re: Hagertys rates going up?
 
Quote:

Originally Posted by Daniel_Mc (Post 155177)
I had Harerty for years on the 3 cars it was about 1,200.00 a year but in my state they would not give me uninsured motorist coverage. I moved to the NCM insurance and got the uninsured motorist coverage and a higher agreed value on the cars with a 800 something bill. Plus the NCM gets a part of that. Give Adam a call and just see it couldn't hurt.

Daniel

Thanks for all the tips guys,Im looking at Grundy as well as a few others.One problem I have going with the NCM insurance is the carrier in A.M.I.G.Years ago I had Leland-West which is a broker for A.M.I.G,cover 2 of my cars.One was involved in an accident not my fault.A.M.I.G did everything they could do to keep from paying the bill in full,typical insurance BS.If the NCM had another insurance carrier other than A.M.I.G I would definitely check into this.

Kevin 11-18-2012 05:34 PM

Re: Hagertys rates going up?
 
i'd say the claim may have something to do with it

Fully Vetted 11-18-2012 11:03 PM

Re: Hagertys rates going up?
 
Quote:

Originally Posted by A1990 (Post 155189)
Two observations: Never had insurance where I was paid on a claim that my rates didn't go up and second get agreed value insurance, NOT stated value.

What's the difference?


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