Comprehensive Insurance Coverage

Message Topic Search Topic Options Post Reply Create New Topic Printable Version Translate Topic

As my rebuild on Ol' Red gets a little closer to completion, I have been concerned what with all the parts bills and my blood, sweat, and a few tears that have gone into the project that just the minimum liability coverage that Ol' Red has had on her in the past might not be enough. 
Has anyone else put collision or comprehensive coverage on their rigs?  Especially you restorers that have showpiece rigs that get driven on the street from time to time. 

My insurance company said that if I could show them that Ol' Red was a $10K rig when I have finished with my restoration, that they would insure it with full coverage for that amount in the event of a wreck or other damage to her. The premium was not that much higher than I pay now. I'm considering it. 

I'd be interested in other opinions on insurance coverage from some other owners of restorations. 

Author	Message Topic Search Topic Options Post Reply Create New Topic Printable Version Translate Topic
SE Kansas 46 CJ-2A Members Profile Send Private Message Find Members Posts Add to Buddy List Member Sponsor Member x 3 Joined: 22 Jan. 2016 Location: S.E. Kansas Status: Offline Points: 3190	Post Options Post Reply Quote SE Kansas 46 CJ-2A Report Post Thanks(0) Quote Reply Topic: Comprehensive Insurance Coverage Posted: 24 July 2016 at 11:58pm
	As my rebuild on Ol' Red gets a little closer to completion, I have been concerned what with all the parts bills and my blood, sweat, and a few tears that have gone into the project that just the minimum liability coverage that Ol' Red has had on her in the past might not be enough. Has anyone else put collision or comprehensive coverage on their rigs? Especially you restorers that have showpiece rigs that get driven on the street from time to time. My insurance company said that if I could show them that Ol' Red was a $10K rig when I have finished with my restoration, that they would insure it with full coverage for that amount in the event of a wreck or other damage to her. The premium was not that much higher than I pay now. I'm considering it. I'd be interested in other opinions on insurance coverage from some other owners of restorations.
	46 CJ-2A #64462 "Ol' Red" (bought April 1969)(second owner)(12 V, 11" brakes, M-38 frame, MD Juan tub) U.S. Coast Guard Chief Petty Officer(ret.) U.S. Army Vietnam veteran and damned proud of it.

Doug Timme Members Profile Send Private Message Find Members Posts Add to Buddy List Member Joined: 27 Aug. 2005 Location: St. Louis Missouri Status: Offline Points: 1399	Post Options Post Reply Quote Doug Timme Report Post Thanks(0) Quote Reply Posted: 25 July 2016 at 12:33am
	I carry what is called a Stated Value policy. There are insurance companies that specialize in classic/collectible cars. Haggerty, JC Taylor, and Grundy are a few. Each have there own quirks and limitations such as you must have a garage, you can't use it as a daily driver, etc. JC Taylor would not insure a car I had once due to it having a roll cage.

47heater Members Profile Send Private Message Find Members Posts Add to Buddy List Member Joined: 17 July 2014 Location: Lee's Summit,MO Status: Offline Points: 717	Post Options Post Reply Quote 47heater Report Post Thanks(0) Quote Reply Posted: 26 July 2016 at 8:49am
	I use J.C. Taylor for both my Corvette & Willys. Must be garaged & they wouldn't cover Jeep until I was finished restoring. Limited mileage won't be a problem on my Jeep( I think it's 1000 mi./yr)

jijk Members Profile Send Private Message Find Members Posts Add to Buddy List Member Joined: 27 June 2014 Location: Pittsburgh Status: Offline Points: 121	Post Options Post Reply Quote jijk Report Post Thanks(0) Quote Reply Posted: 26 July 2016 at 12:56pm
	Check out Hagerty. I have been using them for a few years. Reasonable and great service.
	1946 CJ2A #55729 1948 CJ2A #172606 1952 Willys Truck 1945 Bantam #380 1946 Bantam #2629

mickeykelley Members Profile Send Private Message Find Members Posts Add to Buddy List Member Joined: 26 May 2016 Location: Republic of Texas Status: Offline Points: 450	Post Options Post Reply Quote mickeykelley Report Post Thanks(0) Quote Reply Posted: 26 July 2016 at 1:59pm
	I believe mine is Classic. Full coverage with 250/500 and zero deductible on comp and collision. Stated value and limited to 6,000 miles. $105 for Wagon and added second vehicle, CJ was $20.

Bob3b Members Profile Send Private Message Find Members Posts Add to Buddy List Member Joined: 08 Mar. 2010 Location: Akron, Ohio Status: Offline Points: 3097	Post Options Post Reply Quote Bob3b Report Post Thanks(0) Quote Reply Posted: 27 July 2016 at 10:15pm
	I have State Farm's antique and classic on mine, even though the rest of my stuff is with all state. It's around $100 a year agreed value of $20,000. Have to have it in a garage, have to have another car to drive.
	1946 CJ2A #23881 1953 CJ3b, nice! 1949 Jeepster 1947 Empire Model 90 1985 CJ10A Spen "S" Utility trailer Kubota l3400

Lemield Members Profile Send Private Message Find Members Posts Add to Buddy List Member Joined: 18 Jan. 2008 Location: Arvada Colorado Status: Offline Points: 501	Post Options Post Reply Quote Lemield Report Post Thanks(0) Quote Reply Posted: 27 July 2016 at 11:30pm
	I use JC Taylor for my Jeep. No mileage restriction, must be kept in a garage and I am not supposed to drive it to work. I've been pleased with their service although I have never made a claim.
	Larry 1949 CJ2A "Little Stinky Green" Kubota Diesel Powered 1970 Chevy C20 454 "Big Red" 1971 Chevy K20 6.2 Diesel "Pumpkin Wagon" 2001 Mercedes CLK320 2003 Cadillac Seville

Thorholt Members Profile Send Private Message Find Members Posts Add to Buddy List Member Joined: 31 Mar. 2015 Location: MN Status: Offline Points: 52	Post Options Post Reply Quote Thorholt Report Post Thanks(0) Quote Reply Posted: 28 July 2016 at 12:50am
	I also used Hagerty, They did offer coverage for vehicles during restoration, I was close to finished with mine when I got to thinking the same as you, I got $15,000 coverage for $171 yr. I had to send pictures then a rep called and we discussed it and agreed, Very happy with the company. I have American Family on everything else I insure and they were $375 yr. for the Jeep, I think it is time to search around for my other stuff also.

Nick_ Members Profile Send Private Message Find Members Posts Add to Buddy List Member Sponsor Member Joined: 05 May 2014 Location: Indiana Status: Offline Points: 1132	Post Options Post Reply Quote Nick_ Report Post Thanks(0) Quote Reply Posted: 28 July 2016 at 12:54am
	I vote Hagerty! They insure my restored 3A/MB for an agreed value of $10k. Right now the Valentine APU Jeep is being brought to a panel of high-ups to insure it for even more than my other one. And its full of patina. They're great people to work with, I don't know who else would even consider insuring a 70 year old vehicle with original rust if they aren't into the exact hobby. Even requested all my documentation on it.