Update...Insuring your truck...a note of caution.
 

http://www.grundy.com/

http://www.hagerty.com/

I called the above companies to get rates and they had really good rates but...A couple of things you need to know...
1) Both companies said no hauling. If I wanted to haul mulch and I had a wreck its possible the insurance would not cover my truck.
2) Running errands are not allowed and my truck canot to be used as a back up.
*If I was using my truck as a back up and had a fender bender-my insurance may not cover my trucks damage
*If I was using my truck to run errands and I had a wreck and I got into a fender bender-the insurance might not cover me.

These cconditions were on a separate form that I would have to sign... stating my truck would not be used to run errands or as a back up vehicles.
My present insurance company will insure up to $24,000 but it does not have restrictions and will cost me about $100 more a year. To me I am not willing to risk having an accident and not being covered because I ran to the parts store to pick up parts. Oh yes...I could fight it but who do you think has deeper pockets to contest a fender bender under these circumstances. Just thought I would pass this info on to you.

Re: Insuring your truck...a note of caution. FYI
 

thANKS WHAT GOOD IS THE TRUCK IF YOU CANT SEE IT AS YOU SEE FIT NO ERRANDS THATS JUST A WAY TO GET OUT OF PAYING WHAT IF YOU HAD A LETTER ON YOUR DASH YOU USED THE TRUCK TO GO TO THE POST OFFICE AND THEIR NOT RESPONSIBLE SOUNDS THEY ONLY WANT TO COVER IT FROM THEFT THANKS FOR THE FYI

Re: Insuring your truck...a note of caution. FYI
 

Yeah I decided NOT to go with haggerty for this same reason

Re: Insuring your truck...a note of caution. FYI
 

Re: Insuring your truck...a note of caution. FYI
 

Go with this company www.heacockclassic.com the only restriction is that I could only drive it 3k miles a year which for me is plentyfull since my truck is just a weekend toy and it sits weeks at a time. It is insured for 30k and it costs me $190.00 a year if I remember correctly.

Re: Insuring your truck...a note of caution. FYI
 

Who handles your insurance 70CST?

Re: Insuring your truck...a note of caution. FYI
 

Re: Insuring your truck...a note of caution. FYI
 

Those aren't insurance companies, those are scam artists! They have enough loopholes in their wording that they could get out of paying almost any claim. Pay the extra $100 a year for real insurance. My .02

Re: Insuring your truck...a note of caution. FYI
 

I have Hagerty at $20K on my truck, and it's about $250-300/yr. It's not just errands, but you can't drive to work either. If I recall correctly, a policy like Hagerty or Grundy is a TRUE full value replacement for amount insured, no questions asked whereas "stated value" policies don't necessarily pay out your stated value (they will depreciate and comp your truck like a normal policy, even if you have a stated value on record).

There are some good threads here somewhere on this from those with experience filing claims. I just know that Hagerty pays with little or no hassle. Lose your truck, get a check. BUT, if I can get a better premium with less restrictions than I'm all ears.

I'm going to check out the company that Big_Al_71 mentioned. That's a smoking deal especially for Miami! We used to live there and we moved from Miami-Dade to Broward in the same month I turned 25. My regular car insurance was cut by around 30%. A couple years later we left the state and it was cut again by 30%. AHHH, the fun of South Florida.

EDIT: Aha, found the link I was thinking of right under my nose in FAQ. Thank you Zonaman:

http://67-72chevytrucks.com/vboard/s...d.php?t=185660

Re: Insuring your truck...a note of caution. FYI
 

im pretty sure you have EMC insurance, cause it was the same thing they stuck me with when i got my own vehicle, i have sense changed to cincinatti insurance company..but im almost possitive u have EMC
http://www.emcins.com/

Re: Insuring your truck...a note of caution. FYI
 

If you guys don't mind saying, how old are you? I'm 23 and the way my truck is insured is they take the original MSRP from 67, apply depreciation to it, and that is the amount that the truck is worth according to them. Normal coverage is applied, property damage, etc.

Basically they value my truck at like 20 bucks, since it was about 1500 new in 67. I tried a classic car insurance company, but you have to have your license for at least 10 years (got mine at 16), and have an enclosed parking space (which i do not).

Oh, and I'm with USAA

Re: Insuring your truck...a note of caution. FYI
 

It's crazy that they will insure a $60K escalade and allow someone to put unlimited miles on it, but won't insure a pickup truck for $30K AND you can only drive it 3K miles a year, :(.

Re: Insuring your truck...a note of caution. FYI
 

I have a stated value policy with state farm. I can drive it whenever, wherever, and it has collision, etc for $400/year. What good is a classic insurance policy if I can only drive it to car shows?

Re: Insuring your truck...a note of caution. FYI
 

Good eye 70cst - I missed that with the quote they sent to me.
I am currently running allstate for a 15K value for 240.00 per year.

Re: Insuring your truck...a note of caution. FYI
 

I had the same response from Hagarty and Grundy. They are great for collector cars but the are just the opposite with trucks. I only pay 219.00 per year on my 72 vette, but for the trucks the list of restrictions was endless.. the only thing I really cannot do with my vette is drive it to school (where i teach), and in the snow (which I wouldnt do anyway)... with the truck, anything that had to do with using it as a truck would be uninsurable. Very frusterating... with that said however I should take some pix of what people actually have "Collector" tags on up here in MN and I guess I can see why....
--Mike

Re: Insuring your truck...a note of caution. FYI
 

Just requested a quote from Heacock. We'll see how it compares to my current coverage.

*Edit - Just noted however: Autos we insure may not be used for commuting to or from work or school, used for business purposes or as a substitute for another auto.

There goes that idea, I drive my vehicles once a week or so to work as that is how I enjoy them! Oh well.

Re: Insuring your truck...a note of caution. FYI
 

Re: Insuring your truck...a note of caution. FYI
 

thank god i like to keep my hands dirty and dont spend much money, 17 year old driving a $13k paying $2200 a year for insurance WITHOUT collision :(

Re: Insuring your truck...a note of caution. FYI
 

completely agree. it makes no sense.

Re: Insuring your truck...a note of caution. FYI
 

I agree about the everyday use and the miles per year. I have used Grundy on several of my trucks through the years. I hardly ever drove them after doing frame off 's on them. The first one that i insured they told me i could not have a trailer hitch on it. They also had me take pics. of the inside of bed, to see if it was being used and abused. I guess. I have had several people say that both companies pay off very well. I live in south east texas where hurricane Ike just hit a few months ago. East of me is a town called Bridge City, where they had up to 5-6 foot of storm surge come in. I know of about 20 collector cars that went under. I know, how come they left them behind. My buddy cleaned up about a dozen of them. 3-62 vettes,1-65 bb vette, 72-vette,62-ss impala 77-trans-am etc. They were all paid off, no problems. Full price and were gave the option to buy back at a really good price. Some went over the roof. My buddy had a 62 vette insured for 50000.00 and there were not any guestions asked.
These companies are made for collector-restored vehicles and pay off so good is because they hope they stay in your garages so they do not have any problems.
I will be having the same problem in the future when i finish my 72 bb swb. I plan on driving the wheels off of this one and not selling it.

Re: Insuring your truck...a note of caution. FYI
 

Back a few years ago when we picked up our 67 chevelle SS 396 4spd car I called both those company's only to get the same restrictions plus it had to be kept in a locked garage. I then called my current Ins. company State Farm only to find I could get a stated Appraised value policy for about 30K (at the time) for only $20 a month with out limitations at all. Guess who I went with.

Kevin
LFD Inc.

Re: Insuring your truck...a note of caution. FYI
 

Re: Insuring your truck...a note of caution. FYI
 

Re: Insuring your truck...a note of caution. FYI
 

My neighbor has Hagerty on one of his vehicles. He has 5. He was driving his 48 Ford pickup on the freeway and a dog ran in front of him and he rolled it. The next day the adjuster was there and never asked him where he was going or anything. Just gave him a check

Update: Insuring your truck...a note of caution. FYI