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11 year(s) 13 month(s) agoby Michael DeVito II, MyInsuranceGuy - Sycamore, IL 60178

Ask Your Peers Client with $800,000 Classic Car Collection but tons of claims

Michael DeVito II, MyInsuranceGuy - Sycamore, IL 60178

Reputation: 20 - Total posts: 2

Hi, so I have this client who has an $800,000 classic car collection and is looking for agreed value coverage for his vehicles. The one hiccup is that he has several claims in the past 5 years and that has made him ineligible for a lot of the classic car companies we represent. Any advice on what companies might consider him? Thanks!

11 year(s) 13 month(s) ago

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Richard Coker, Covenant Insurance Agency, LLC. - Hendersonville, TN 37075

Reputation: 37 - Total posts: 7

Chubb or Fireman's Fund if not terrible on the claims??

11 year(s) 13 month(s) ago

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Sue League, SunGate Insurance Agency, Inc. - Heathrow, FL 32746

Reputation: 300 - Total posts: 42

What about Progressive, it would take more than one policy, but perhaps they'd be willing to help. Or even K & K - they write race cars, they may do classic cars too. And, don't forget to check the "find a market" option on this website, you might be pleasantly surprised.

11 year(s) 13 month(s) ago

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Don, The Alliance Group of WNY - Fairport, NY 14450

Reputation: 20 - Total posts: 3

American modern? American Collectors? Haggerty? Safeco?

11 year(s) 13 month(s) ago

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Jim McErlean, NSM Insurance - Redondo Beach, CA 90277

Reputation: 376 - Total posts: 49

We have 2 programs for Collector Cars - please send me more information on claims history and list of cars/drivers. Jim McErlean NSM Insurance 480-249-6794 [email protected]

11 year(s) 13 month(s) ago

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Opal Culbertson , Howell Insurance - Ashland, KS 67831

Reputation: 15 - Total posts: 3

I have classic car dealers. Grundy written through Philadelphia. Great program.

11 year(s) 13 month(s) ago

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Michael DeVito II, MyInsuranceGuy - Sycamore, IL 60178

Reputation: 20 - Total posts: 2

Hey everyone, thank you very much for all the feedback, I tried Grundy and they said no, I tried Hagerty, Safeco, American Collectors, American Modern, K & K, Chubb and Firemans. I didn't think to try Progressive and to Jim Mcerlean, I am going to go ahead and give you a call. Thank you everyone for all your responses, this is a great source for networking and answers.

11 year(s) 13 month(s) ago

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John Test, Pinnacle insurance brokers - Tustin, CA 92780

Reputation: 75 - Total posts: 13

Aig, but they will want house and other card

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