I have insurance quotes....help me decide please

[Renthorin]

Sorry...I know this topic gets beaten to death...even by me...

American Collectors insurance VS Grundy. Policy is the same for both:

Agreed Value - $20,000
Liability - $100,000
Comp and Collision
Deductible - $0

Differences:

Grundy = unlimited mileage
American 2.5k a year (can raise to 5k but not sure if that costs more). Might be a problem....I put 2-3k on a year.

American = has something called "inflation guard" - automatically increases vehicle value by 2% each quarter (up to a maximum of 8%), at no additional cost.

So...unlimited mileage vs. inflation guard.

And now the price.

American - $520.00
Grundy - $447.00

$73.00 a year or 6 bucks a month.

Thoughts?

 

[cruzn57]

want another option?

I use Rally car ins, collector car ins, 800 801 1823
about half what the 2 you listed want, I have my 57chevy, 87 WE4, 87 GN
all with them, all three for less that $500 yr !!
never had a claim with them, so can't tell you how they react.
its worth a try.

good luck,
cruzn57

 

[Renthorin]

Well Michigan will probably be more than most states as we have a silly 140 dollar tax on auto insurance. Once the GN is 25 years old that drops to 25 bucks.

That explains a lot of "I wonder why you have the same insurance as I do for so much less".