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Old 05-28-2014, 08:29 AM   #31
partner103
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Quote:
Originally Posted by Bullet Ride View Post
That seems odd seeing as if you do an on-line quote the tool only asks for a $3000 minimum value.
Yep, and they also show 318i on their site. But didn't want to ensure mine.
It all depends on the underwriter, at least that's what I've been told.
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Old 05-28-2014, 10:54 AM   #32
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Originally Posted by Bullet Ride View Post
That seems odd seeing as if you do an on-line quote the tool only asks for a $3000 minimum value.
Could you have been on the US website? The rules for Hagerty USA are much more relaxed than Hagerty Canada. As an example: I believe drivers can be licensed for only 5 or 6 years vs 10 years in Canada. It wouldn't surprise me if they had a lower value requirments. There are also a few different packages that have different requirements.

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Yep, and they also show 318i on their site. But didn't want to ensure mine.
It all depends on the underwriter, at least that's what I've been told.
It's not just about the car. If you have a collection of cars or a history of owing collectible vehicles, they are more agreeable. If you had a rare trim package or a known limited production run, no problem. The longer you've owned the car the better it fairs in your favour, as well.

A newly acquired car with moderate to high KM that you are buying as your first foray into car collecting, it may not be accepted by Hagerty.

Keep in mind that Hagerty is NOT an insurance company. It is a specialty product. The policy is manufactured by another insurance company and sold under the name "Hagerty". They are allowed to be selective and discriminate which clients they accept, much like TD Meloche only does specialty groups such as unions or school alumni. Unfortunately being considered a car collector is a bit more subjective; not as "black and white" as graduating from a certain school or paying dues to a specific union.
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Old 05-28-2014, 12:21 PM   #33
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Could you have been on the US website? The rules for Hagerty USA are much more relaxed than Hagerty Canada. As an example: I believe drivers can be licensed for only 5 or 6 years vs 10 years in Canada. It wouldn't surprise me if they had a lower value requirments. There are also a few different packages that have different requirements.
Nope. It was Hagerty.ca, I had to select Ontario as the province the car is being insured in.
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Old 05-28-2014, 12:41 PM   #34
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I just pulled all the min. values from their website based on each category of vehicle

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Minimum values
  • Antique & Classic Cars . . . . . . . . . . $3000
  • Military Vehicles . . . . . . . . . . . . . . $3000-1979 or older, $5000-1980-85
  • Modern Classics . . . . . . . . . . . . . . $5000
  • Muscle Cars . . . . . . . . . . . . . . . . . $5000
  • Exotic and Special Interest* . . . . . . $40 000-exotic, $7500-Special Interest
  • Replicas . . . . . . . . . . . . . . . . . . . $10 000
  • Street Rods . . . . . . . . . . . . . . . . . $10 000
  • Antique Farm Tractors** . . . . . . . . $3000
  • Trailers . . . . . . . . . . . . . . . . . . . . $3000
  • Trucks . . . . . . . . . . . . . . . . . . . . $3000
  • Vehicles Under Active Restoration . . .$depends on condition
  • Antique Fire Trucks . . . . . . . . . . . . $3000 (my guess, no value listed on website)
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Old 05-28-2014, 03:43 PM   #35
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Seems it all depends on the underwriter. Had 2 tries with them (fox notch and my current e30) with no luck. Both cars met, meet all the website related content, but no policy
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Old 05-28-2014, 04:00 PM   #36
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Seems it all depends on the underwriter. Had 2 tries with them (fox notch and my current e30) with no luck. Both cars met, meet all the website related content, but no policy
Were you speaking to them directly or through a broker?
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Old 05-28-2014, 04:33 PM   #37
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Were you speaking to them directly or through a broker?
Tried both... first direct, then broker for the second
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Old 05-30-2014, 04:34 PM   #38
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Couple of friends had Hagarty and they were at the A&W cruise night in Lindsay, when it was over they drove over to the mall for dinner (next parking lot) and both cars were broken into and damaged...No coverage because the cars were left unattended...Make sure you read the fine print in the policy!
I spent some time today with both an underwriter and claims adjuster at Hagerty trying to find this fine print. We were not successful.

Hagerty asked that your friends contact them to investigate the situation further. PM me and I can provide contact info to the correct person at Hagerty.
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Old 05-30-2014, 05:46 PM   #39
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I spent some time today with both an underwriter and claims adjuster at Hagerty
PM me and I can provide contact info to the correct person at Hagerty.
Can you get the same person to help me insure my 318i? There are same year, same condition 325s insured. And I am sure there are 318s as well.
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Old 05-30-2014, 11:54 PM   #40
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I pay $208 a year for my 1990 CRX Si and $1300 a year for my 1988 civic 4 door.
I guess they like old Hondas instead of old e30's... hahahaha

Last edited by Robb; 05-30-2014 at 11:56 PM.
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Old 05-31-2014, 12:55 AM   #41
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I pay $208 a year for my 1990 CRX Si and $1300 a year for my 1988 civic 4 door.
I guess they like old Hondas instead of old e30's... hahahaha
not enough torque to kill a squirrel.
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Old 05-31-2014, 01:05 AM   #42
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hi

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I pay $208 a year for my 1990 CRX Si and $1300 a year for my 1988 civic 4 door.
I guess they like old Hondas instead of old e30's... hahahaha
insurance companies don't look at car for insurance rates they look at driver record and location the most, what insurance company you with?
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Old 05-31-2014, 06:28 AM   #43
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insurance companies don't look at car for insurance rates they look at driver record and location the most, what insurance company you with?
Desjardins
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Old 05-31-2014, 11:17 PM   #44
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will i get it crap for doing this

i just tell hagerty that my car is 7500 even though its really less than that?
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Old 06-01-2014, 12:07 PM   #45
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i did a quote from hagerty, under my moms name and it gave the option of drivers under the age of 30, i put 1 (as me) and it still gave me a quote for 190 a year but i couldn't put it under my name, it has to be under my moms name, so i don't know, i hope this works
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