Can I tell them it's Grand National?

["Turbo-T"]

Right now my TR has specialty insurance with Hagerty, but when the policy expires, I'm thinking of trying a different insurance company.

Seeing as how most insurance companies don't recognize a 21 year old Regal as being worth anything unless it's a Grand National....if I told them it was a Grand National, do you think they'd label it as that?

I mean in reality, what I have is essentially a Grand National but it's not black...and it doesn't have the black accents in the interior that a true 87 GN has, and it doesn't have the chrome steel rims a GN has. But it still has the GN engine, GN trans, GN rear end, GN hood....

Basically I want to drive the car more and make sure I get more back in the even the car is stolen/totaled, etc. and I have to file a claim.

 

[TURBOPOWERED68]

1-Have it appraised by an appraiser that is certified and recognized by the ins. companies and major auction houses.
2-Document other sales of the same car to establish its value.
This is what my regular INS broker told me to do. He also said that most likely the other insurance company would still reject the appraisal and you will still end up in court having to sue them for the value of your car.
Basically they said that I would get book value something in the area of $900.00
Instead of the restored and special interest value of $$X-thousands.
Your best bet is to look up other cases and see what was the out come and how they got to that out come.

 

[kh440]

Why are you considering dumping Hagerty?

 

[87lightweight]

i had my 87 t insured thru hagerty under exotic, the lowest amount was $15,000 i believe, no problem didnt have to have it appraised.

 

[SGRIM]

No, it is not a Grand National and if you ever get a claims adjuster worth a grain of salt he will turn your claim down if you ever had one IMO... Do it right or you might get bit

 

[TURBOPOWERED68]

Basically I want to drive the car more and make sure I get more back in the even the car is stolen/totaled, etc. and I have to file a claim.

Why are you considering dumping Hagerty?

.
above in bold

i had my 87 t insured thru hagerty under exotic, the lowest amount was $15,000 i believe, no problem didnt have to have it appraised.

Hagerty has restrictions and based on 87Regal3.8SFI's post it looks like he wants to drive his car more then allowed (as a DD) by Hagerty.

 

["Turbo-T"]

Yes Turbopowered is right, the car spends 98% of it's time in the garage. I am thinking of starting to drive it more often to work and such (not to any shopping malls or anything like that). Hagerty says I can't drive it to work.

I don't yet have an appraisal done but I was thinking instead of spending another $400 to renew the Hagerty policy (yes that is how much I had to spend to start a policy on this car) I would use the cash to get a good appraisal done on the car, and try to go with a different policy.

The only reason why I mentioned "Grand National" was because it seems these are the *magic words* that tells an insurance company that this isn't another "grandma Regal"....that this car actually has a high dollar value. And also because my car is essentially the same difference as if you took an actual GN, painted it white and changed the interior some, and added some chrome bumpers.

 

[TURBOPOWERED68]

I just went thru this with my broker and the best coverage they could offer was something like on the extremely high side $1200.00 for full cover or the BS $900.00 which the broker told me would most likely be the offer I would get incase of a total or small accident. And like I said in my first post be prepared for a law suit for the actual value of the car. And the worst part is the policy would cost about $1300.00 for the year VS. Hagerty’s $164.00 yearly premium including roadside service.

BTW my broker could be wrong but when an INS. broker tells you “you should go with one of the specialty companies” you take their word and move on.

 

[Chuck Leeper]

One look at the VIN, and the ins co will know exactly what you have....

 

[ngc414]

Yes Turbopowered is right, the car spends 98% of it's time in the garage. I am thinking of starting to drive it more often to work and such (not to any shopping malls or anything like that). Hagerty says I can't drive it to work.

I am pretty sure Hagertys underwriting is the same in all the states they write, but it may vary state to state. I can only speak for Ohio. I was told by the district sales manager, and a claims manager that works with my agency that you can drive the vehicle to work, the store and such. As long as you have another vehicle that is an insured daily driver, you can take it out occasionaly to work and such. This is also stated in the ohio hagerty policy jacket. This question comes up alot when I write a hagerty policy, I am yet to see a claim denied by any of my clients. I would double check with hagerty and speak to a Underwriter or the claims department for your state. Did a Hagerty Rep tell you you cant drive it to work at all??

 

[Nick Micale]

My stock, original 9000 mile T-Type is insured for $20K with Condon and Skelly.

Was with Haggerty for years until I checked around and was able to cut my annual policy cost in half.

Some restrictions, like NOT driving it to work on a daily basis, but no mileage restrictions.

 

[Steve V]

Stupid question..can you carry everday insurance for work etc,then specialtiy ins for non DD duty...if you are honset with both ins companies?

I do drive my GN to work 2-3 times a week,it was meant to drive not sit in the garage afraid somethind will happen to it.:wink:

 

[ngc414]

Stupid question..can you carry everday insurance for work etc,then specialtiy ins for non DD duty...if you are honset with both ins companies?

I do drive my GN to work 2-3 times a week,it was meant to drive not sit in the garage afraid somethind will happen to it.:wink:

Unfortunatly you cannot do that. I have my Buick and Mustang with hagerty, I drive them both to work and to run arrands on nice days. There is nothing in my hagerty policy that excludes that.

 

[TURBOPOWERED68]

I am pretty sure Hagertys underwriting is the same in all the states they write, but it may vary state to state. I can only speak for Ohio. I was told by the district sales manager, and a claims manager that works with my agency that you can drive the vehicle to work, the store and such. As long as you have another vehicle that is an insured daily driver, you can take it out occasionaly to work and such. This is also stated in the ohio hagerty policy jacket. This question comes up alot when I write a hagerty policy, I am yet to see a claim denied by any of my clients. I would double check with hagerty and speak to a Underwriter or the claims department for your state. Did a Hagerty Rep tell you you cant drive it to work at all??

I have Hagerty
It’s written in my policy that the car cannot be used as a DD-
Not to work
Not to school
Not shopping
Not as a back up for a daily driver.

Stupid question..can you carry everday insurance for work etc,then specialtiy ins for non DD duty...if you are honset with both ins companies?

I do drive my GN to work 2-3 times a week,it was meant to drive not sit in the garage afraid somethind will happen to it.:wink:

How dare you drive your car it belongs in a garage with a cover on it and never to see anyday light.

Good question

 

[ngc414]

I have Hagerty
It’s written in my policy that the car cannot be used as a DD-
Not to work
Not to school
Not shopping
Not as a back up for a daily driver.


I dont have a policy in front of me, But I could swear it said not to work, school or shopping on a regular basis. But your comment peaked my interest so I called my Hagerty rep agian and he told me I was right. I asked to speak to the claims manager anyway and he told me something different. Basically that no personal driving is allowed at all unless your on you way back from a car show and that its somewhat of a grey area. So I stand corrected. At this point I am a little angry, it seems that everytime I call them about this issue I get a different answer. I asked why is it a "grey area", that means that basically your at the mercy of the adjuster if he deems it as back up driving. In there defence I have never had any issues with hagerty not paying claims, but this is a huge dissapointment.

 

[Chuck Leeper]

I got the exact same BS, that NGC414 got from them. Needless to say.. no deal.
I use[d] ANPAC out of Spfld, MO. for my coverage on the HEMI car.. About $500/yr for $100,000.
They don't require an appraisal unless the cars agreed value is over, I think, $25K. Pictures only.
They have none of the nonsense "no drive it" restrictions, that Grundy, Hagerty, etc, seem to have.
My 55 Chevy will most likely go to them, too. NOT @ 100K, for sure!!

 

[Little6pack]

1st question do you get winter there AS IN NO DRIVING A NICE CAR?

A) if you want to drive it daily ANY of the classic car companies won't allow it.

B) If you drive it say 6 months Example April to Oct. You can find a 6 month policy for STATED VALUE with an EVERYDAY insurance company. Of course you will pay dearly & need an appraisal but it is possible.

I went this route with PROGGRESSIVE when I 1st got my GN. I wanted to drive the wheels off it. My Policy for 6 months was $700- for 15k coverage

Now that my T is a Garage dewller I pay $250 with American Collectors for a full year

 

["Turbo-T"]

One look at the VIN, and the ins co will know exactly what you have....

So is there a vin difference between an actual GN and a T type or Turbo Regal? I'm pretty sure I've heard a regular 86-87 GN comes up as a "Regal" on any title or vin decoding.

Only thing that dictates what it is is the 8th digit...if it's a "7" then that means it's a turbo car.

 

[Chuck Leeper]

U R..

So is there a vin difference between an actual GN and a T type or Turbo Regal? I'm pretty sure I've heard a regular 86-87 GN comes up as a "Regal" on any title or vin decoding.

Only thing that dictates what it is is the 8th digit...if it's a "7" then that means it's a turbo car.

correct. I think I misunderstood your first post.
If they looked at the trunk sticker, they could determine what model it actually is. Don't know they would go that far. And, if they did, would they know what the codes are???
If you have an agreed policy, the value has been established, and "agreed to". The fact it's a T-type, GN, or Turbo T, makes no difference. They pay per the policy.

 

[ngc414]

I have Hagerty
It’s written in my policy that the car cannot be used as a DD-
Not to work
Not to school
Not shopping
Not as a back up for a daily driver.


I pulled the Hagerty policy this morning to see what I could figure out. I dont see any statment like that anywhere in the policy jacket. What Part and Section was that in? What state are you in? The only thing I found was in Part A section 1-k which states Under definitions of “covered auto, classic & Antique Auto: Is maintained primarily for the use in car club activities, exhibitions, parades, other functions of public interest or for a private collection AND IS ONLY USED INFREQUENTLY FOR OTHER PURPOSES. I also read the entire exclusion clause and could find nothing excluding that type of driving. To my understanding back up DD and DD driving is defined as driving your auto due to another auto being unavailable, not the willfull driving of you collector vehicle by choice for the purpose of a pleasure or a pleasure commute.
To me this still means that could be used for other occasional trips to the store and such on nice days. But since a hagerty rep told me yesterday that its a grey area and that they are not covered makes me think one of two things. Either the hagerty reps are not trained very well in what is covered (given the fact that if you call 5 times you get 5 different answeres). Or that the guidlines are writen in a way to be difficult to interpret to give the adjusters more power of claims in the event of a loss. Or possibly the policy definitions change slightly from state to state. Either way I plan to get a straight answer from them today. Sorry to highjack the thread but this has been driving me crazy.