The Jalopy Journal
Discussion in 'The Hokey Ass Message Board' started by 34Larry, Oct 15, 2018.
I have SF and they have been great. When we got hit in the rear and it pushed us into two other cars. The car in front of us got totaled. Our car steel 34 coupe. SF jacked us around for a couple weeks but when the dust settled they gave us what we wanted. They wanted to straighten the frame but they ended up giving us a new frame. We were happy with outcome. Grundy sucks they screwed a friend of ours and also Hot Turkey. Just ask him
The most important thing about insurance is not “ where” you buy it, it’s “ what” you buy. Most people never read the fine print. VERY important! It will tell exactly what and how it’s covered...... Then comes the claims adjuster! He can make or break the whole deal.
No matter which insurance company you choose, someone somewhere will give you a horror story about that company, and lots of time you don’t get the “whole story”.
I started buying insurance fifty some years ago on a verity of things.
While we’re on insurance...... how many of the guys here have just the state minimum on their daily drivers,? that is 20/50/20 full coverage ........If that is all you have...... you have nothing.
I'm thinking that a lot of guys think that "Stated Value" and "Agreed Value" are thesame thing. NOT.
My son has an Agreed Value Policy with American Family Insurance. When his 57 Wagon got flooded, we had to call the Insurance Commissioner to get the company to pay the agreed amount! We had to call the Insurance Commissioner the 2nd time to be able to buy the car back. it took almost 3 months to get that mess straightened out. Gene
That's just from the first three pages, each, from searches for "Grundy" and "Hagerty", respectively. You're sure to find additional ones if you search for "insurance", "State Farm", or similar.
Well, I somewhat disagree. I think a local agent is very important. I have had my agent for 30 years-home, business, autos, personal liability. He knows me, will go to bat for me and always is willing to review the policies AND the fine print. An agent who's local has their rep to consider and they are not "like" a good neighbor, they "are" a good neighbor. Got an agent on line or in the city? What do they care?
5 window, I agree. A good agent should be considered when choosing insurance.
I had State farm for years but their rates kept creeping up and then I had a claim, they payed off and then cancelled my home owners insurance and wanted to keep my auto insurance.
I am now insured with what was Chrome, now AMPAC with everything, agreed value on my hot rods,daily drivers and home.
The premiums are about half what I was paying State Farm
One thing they offer is builders insurance, if you garage was hit by lightning (act of God) your project would be covered by agreed value insurance, my cousin learned the hard way when his garage burnt to the ground and lost his under construction Porsche his insurance didn't cover it. HRP
For those that don't know, home owners insurance does not cover anything automotive related unless it may be generic tools or something like that. Cars and car parts fall under auto insurance.
That was a lesson I learned when a straight 60 mph wind destroyed my 3 car garage one time. My home owners insurance covered everything except the damage on the 3 cars in the garage. Those 3 project cars were not covered by auto insurance fortunately, the damage on all 3 was minimal because I had to repair them out of my pockets. Gene
I find, in general, that insurance tends to cover everything except your situation at the time.
I don't have anything to ad to this (have never had a claim) but think of this, Why do you buy insurance? Peace of mind? sounds like you are not getting your money's worth. If you have doubts, do some research and get a different company. If your company did not do the right thing with the first claim, will they do better the second time around?
I have AAA for the house and all my cars. I had a specialty car policy on the Roadster but on a whim I asked the Grundy rep at LARS about their insurance. She had me fill out a form and a week or so later they emailed me asking for a picture. A week later I got a quote that was 2x my agreed value, 60K from Grundy and 125 bucks less a year plus Zero deductible on comp and collision. I went with Grundy!!
I'm curious as why you find this so outlandish. I find it perfectly logical for an insurance company to refuse to offer coverage for a vehicle that is not properly equipped for use on public roads.
It is properly equipped, In NC a wiper is not required unless the windshield is in your field of vision, which mine is not. It has all other NC required lights and safety gear like lap belts.
We have it a lot tougher up here in Minnesota than you do! However, I am not surprised at all that they refused to cover you; insurance companies are like that.
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