[DeTomaso] Collector car Insurance

Christopher Kimball chrisvkimball at msn.com
Wed Apr 30 22:25:10 EDT 2014


Mike,

What are your policy limits?

Thanks,

Chris

Sent from my Windows Phone
________________________________
From: Mike Thomas<mailto:mbefthomas at comcast.net>
Sent: ‎4/‎30/‎2014 7:03 PM
To: 'Asa Jay Laughton'<mailto:asajay at asajay.com>; detomaso at poca.com<mailto:detomaso at poca.com>
Subject: Re: [DeTomaso] Collector car Insurance

Right, which is why I ditched the Hag and went with Infinity.  One our local
car guys whose family has been in the collector car hobby and insurance
business for many years connected me with them.  He has had excellent
service with them, as have many of his clients.  Same coverage with the Hag
would have been $620 had I renewed, with Infinity was $316 for the year, no
deductible, $60K agreed value.

Mike Thomas
VP, POCA
VP, Panteras Northwest
Yellow '74 #6328



-----Original Message-----
From: DeTomaso [mailto:detomaso-bounces at poca.com] On Behalf Of Asa Jay
Laughton
Sent: Wednesday, April 30, 2014 6:36 AM
To: detomaso at poca.com
Subject: Re: [DeTomaso] Collector car Insurance

Hmph,
I raised mine to $50K last year and they squawked at everything.... my new
premium went from $250 a year to $750 a year.

Asa  Jay

Asa Jay Laughton, MSgt, USAFR, Retired
& Shelley Marie
Spokane, WA
******************************
http://www.racingagainstautism.com
http://www.teampanteraracing.com
http://facebook.com/racingagainstautism


On 4/29/2014 9:50 PM, Christopher Kimball wrote:
>    Not to confuse the issue, but here is my insurance situation:
>    I have zero deductible, 300/500 limits and $60,000 agreed value.
>    I am with Hagerty and pay about $550 per year.
>    That may be higher other companies, but I've had two claims with
>    Hagerty, and they paid immediately with absolutely no problems, and no
>    increase in rates (at the time).
>    My rates increased when I increased my agreed value a few years ago, of
>    course, and a bit again a year or two ago (but it was not much).
>    I have no mileage limit, and the didn't squawk when I told them I had a
>    408 stroker, custom wheels and a big stereo.
>    Just my two cents.
>    Sincerely,
>    Chris
>    Date: Tue, 29 Apr 2014 23:10:02 -0400
>    From: boyd411 at gmail.com
>    To: lotus0005 at hotmail.com
>    CC: detomaso at poca.com
>    Subject: Re: [DeTomaso] Collector car Insurance Here is a link from
> Heacock that discloses that their Insurance is Underwritten by
> American Modern  which is a subsidiary of Munich RE which is one of
> the largest Insurance underwriters in the world.
> [1]http://www.heacockclassic.com/agents/producers-guide/
>  I had been told that haggerty was underwritten by AMHI but I wasn'y
> sure if it was true. So I called Haggerty for a quote. I was half way
> through the process when the agent asked me who I was currently
> insured with. When I told her it was American Modern she stopped me in my
tracks and said"
> They underwrite our policies so your premium will be the same. She
> wouldn't even continue with the application process. I don't know how
> many other classic car Ins companies are linked but I believe that
> there are more then just the ones I mentioned. Grundy is not among
> them. And as I mentioned earlier in spite of the substantial increase
> in my coverage limits my premium was virtually unchanged (less the $50.00
per year).
> Boyd
>
>
> On Tue, Apr 29, 2014 at 10:51 PM, Boyd Casey <boyd411 at gmail.com> wrote:
>
>> No not at all. Grundy had a far lower premium for much better
>> coverage. As I mentioned my Liability coverage went from 100/300
>> (that's $300K total with $100K per incident or payee (i think) Grundy
>> gave me $500K single limit which if I understand correctly means they
>> will pay up to $500K in a single claim. My agreed value went up 60%
>> over what it was with American Modern Home. I was told by a list
>> member and by the Haggerty agent that American Modern Home
>> underwrites (provides) the Insurance that Haggertysells a
> nd they
>> AMH provide the same underwriting for several of the well known
>> collector car insurance sellers. So I would highly recommend anyone
>> who's policy is up for renewal or who wants to increase their
>> coverage limits to give grundy a call ( or go to their web sight) It
>> was a quick painless process. i got an underwriters approval in only
>> two days wit a single good photo of my car. AMH was more difficult to
>> deal with and took much longer to underwrite. Even after I had
>> coverage with them I wanted to add another collector car I purchased.
>> They couldn't or wouldn't supply immediate coverage even though I had
>> already purchased the car. I had to purchase a policy from
>> progressive to cover the car while I waited for AMH to approve the
>> addition to my policy. Once they did Progressive refunded my premium.
>> I never had a claim with AMH but when Dennis (from the list) Pantera
>> was totaled by Hurricane Sandy they paid him off in no time with no
>> problems. They also offered him the opportunity to buy his car back from
them for a reasonable price.
>> Boyd
>>
>>
>> On Tue, Apr 29, 2014 at 9:23 PM, Bill Lewis <lotus0005 at hotmail.com>
wrote:
>>
>>>    So, are you saying that it seems that Grundy, Haggerty, and Heacock
>>>    (using American Modern) will all have the same premiums and
coverages?
>>>     Anyone else want to speak to this?     Thanks, BILL Lewis
>>>    Date: Tue, 29 Apr 2014 19:50:53 -0400
>>>    From: boyd411 at gmail.com
>>>    To: detomaso at poca.com
>>>    Subject: [DeTomaso] Collector car Insurance To all who helped me
>>> and shared experience and advice concerning Insurance and Panteras
>>> appreciating values I wanted to share the results of my search.
>>> I just received my new policy from Grundy Insurance. Dennis Sanford
>>> a member of the Long Island POCA group recommended them after his
>>> pant era was totaled by hurricane Sandy.
>>> I had American Modern Home Ins Co, who it turns out are the
>>> underwriters for several other collector car Insurance companies
>>> (including Haggerty) When I called Haggerty and they asked me who i
>>> was currently insured with and I told them AMHI , they said "Hold
>>> on" They underwrite our policies so your premium will be the same.
>>> So I contacted Grundy.  I got my Liability raised from 100/ 300 to
>>> $500K single limit, raised the insured value of my car by 60% and my
>>> premium was virtually unchanged! All the other superfluous coverages
>>> are essentially the same. The premium for this level coverage with
>>> my  previous insurer ( as well as others I called) was double what I
>>> am paying (and was paying! So needless to say I am quite happy and
>>> would seriously recommend any one looking for a collector car policy
>>> ( or another high end coverage , like yachts, collectibles even High
>>> end daily drivers , they do it all!
>>> Thanks again for all the advice.
>>> Boyd
>>>
>>>    _______________________________________________ Detomaso Forum
Managed
>>>    by POCA DeTomaso mailing list DeTomaso at poca.com
>>>    [2]http://poca.com/mailman/listinfo/detomaso_poca.com
>>>
>>> _______________________________________________
>>>
>>> Detomaso Forum Managed by POCA
>>>
>>> DeTomaso mailing list
>>> DeTomaso at poca.com
>>> [3]http://poca.com/mailman/listinfo/detomaso_poca.com
>>>
>>>
>    _______________________________________________ Detomaso Forum Managed
>    by POCA DeTomaso mailing list DeTomaso at poca.com
>    http://poca.com/mailman/listinfo/detomaso_poca.com
>
> References
>
>    1. http://www.heacockclassic.com/agents/producers-guide/
>    2. http://poca.com/mailman/listinfo/detomaso_poca.com
>    3. http://poca.com/mailman/listinfo/detomaso_poca.com
>
>
>
> _______________________________________________
>
> Detomaso Forum Managed by POCA
>
> DeTomaso mailing list
> DeTomaso at poca.com
> http://poca.com/mailman/listinfo/detomaso_poca.com
>
>
> -----
> No virus found in this message.
> Checked by AVG - www.avg.com
> Version: 10.0.1432 / Virus Database: 3722/6914 - Release Date:
> 04/29/14

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-------------- next part --------------
   Mike,
   What are your policy limits?
   Thanks,
   Chris
   Sent from my Windows Phone
     __________________________________________________________________

   From: [1]Mike Thomas
   Sent: 4/30/2014 7:03 PM
   To: [2]'Asa Jay Laughton'; [3]detomaso at poca.com
   Subject: Re: [DeTomaso] Collector car Insurance

   Right, which is why I ditched the Hag and went with Infinity.  One our
   local
   car guys whose family has been in the collector car hobby and insurance
   business for many years connected me with them.  He has had excellent
   service with them, as have many of his clients.  Same coverage with the
   Hag
   would have been $620 had I renewed, with Infinity was $316 for the
   year, no
   deductible, $60K agreed value.
   Mike Thomas
   VP, POCA
   VP, Panteras Northwest
   Yellow '74 #6328
   -----Original Message-----
   From: DeTomaso [[4]mailto:detomaso-bounces at poca.com] On Behalf Of Asa
   Jay
   Laughton
   Sent: Wednesday, April 30, 2014 6:36 AM
   To: detomaso at poca.com
   Subject: Re: [DeTomaso] Collector car Insurance
   Hmph,
   I raised mine to $50K last year and they squawked at everything.... my
   new
   premium went from $250 a year to $750 a year.
   Asa  Jay
   Asa Jay Laughton, MSgt, USAFR, Retired
   & Shelley Marie
   Spokane, WA
   ******************************
   [5]http://www.racingagainstautism.com
   [6]http://www.teampanteraracing.com
   [7]http://facebook.com/racingagainstautism
   On 4/29/2014 9:50 PM, Christopher Kimball wrote:
   >    Not to confuse the issue, but here is my insurance situation:
   >    I have zero deductible, 300/500 limits and $60,000 agreed value.
   >    I am with Hagerty and pay about $550 per year.
   >    That may be higher other companies, but I've had two claims with
   >    Hagerty, and they paid immediately with absolutely no problems,
   and no
   >    increase in rates (at the time).
   >    My rates increased when I increased my agreed value a few years
   ago, of
   >    course, and a bit again a year or two ago (but it was not much).
   >    I have no mileage limit, and the didn't squawk when I told them I
   had a
   >    408 stroker, custom wheels and a big stereo.
   >    Just my two cents.
   >    Sincerely,
   >    Chris
   >    Date: Tue, 29 Apr 2014 23:10:02 -0400
   >    From: boyd411 at gmail.com
   >    To: lotus0005 at hotmail.com
   >    CC: detomaso at poca.com
   >    Subject: Re: [DeTomaso] Collector car Insurance Here is a link
   from
   > Heacock that discloses that their Insurance is Underwritten by
   > American Modern  which is a subsidiary of Munich RE which is one of
   > the largest Insurance underwriters in the world.
   > [1]http://www.heacockclassic.com/agents/producers-guide/
   >  I had been told that haggerty was underwritten by AMHI but I wasn'y
   > sure if it was true. So I called Haggerty for a quote. I was half way
   > through the process when the agent asked me who I was currently
   > insured with. When I told her it was American Modern she stopped me
   in my
   tracks and said"
   > They underwrite our policies so your premium will be the same. She
   > wouldn't even continue with the application process. I don't know how
   > many other classic car Ins companies are linked but I believe that
   > there are more then just the ones I mentioned. Grundy is not among
   > them. And as I mentioned earlier in spite of the substantial increase
   > in my coverage limits my premium was virtually unchanged (less the
   $50.00
   per year).
   > Boyd
   >
   >
   > On Tue, Apr 29, 2014 at 10:51 PM, Boyd Casey <boyd411 at gmail.com>
   wrote:
   >
   >> No not at all. Grundy had a far lower premium for much better
   >> coverage. As I mentioned my Liability coverage went from 100/300
   >> (that's $300K total with $100K per incident or payee (i think)
   Grundy
   >> gave me $500K single limit which if I understand correctly means
   they
   >> will pay up to $500K in a single claim. My agreed value went up 60%
   >> over what it was with American Modern Home. I was told by a list
   >> member and by the Haggerty agent that American Modern Home
   >> underwrites (provides) the Insurance that Haggertysells a
   > nd they
   >> AMH provide the same underwriting for several of the well known
   >> collector car insurance sellers. So I would highly recommend anyone
   >> who's policy is up for renewal or who wants to increase their
   >> coverage limits to give grundy a call ( or go to their web sight) It
   >> was a quick painless process. i got an underwriters approval in only
   >> two days wit a single good photo of my car. AMH was more difficult
   to
   >> deal with and took much longer to underwrite. Even after I had
   >> coverage with them I wanted to add another collector car I
   purchased.
   >> They couldn't or wouldn't supply immediate coverage even though I
   had
   >> already purchased the car. I had to purchase a policy from
   >> progressive to cover the car while I waited for AMH to approve the
   >> addition to my policy. Once they did Progressive refunded my
   premium.
   >> I never had a claim with AMH but when Dennis (from the list) Pantera
   >> was totaled by Hurricane Sandy they paid him off in no time with no
   >> problems. They also offered him the opportunity to buy his car back
   from
   them for a reasonable price.
   >> Boyd
   >>
   >>
   >> On Tue, Apr 29, 2014 at 9:23 PM, Bill Lewis <lotus0005 at hotmail.com>
   wrote:
   >>
   >>>    So, are you saying that it seems that Grundy, Haggerty, and
   Heacock
   >>>    (using American Modern) will all have the same premiums and
   coverages?
   >>>     Anyone else want to speak to this?     Thanks, BILL Lewis
   >>>    Date: Tue, 29 Apr 2014 19:50:53 -0400
   >>>    From: boyd411 at gmail.com
   >>>    To: detomaso at poca.com
   >>>    Subject: [DeTomaso] Collector car Insurance To all who helped me
   >>> and shared experience and advice concerning Insurance and Panteras
   >>> appreciating values I wanted to share the results of my search.
   >>> I just received my new policy from Grundy Insurance. Dennis Sanford
   >>> a member of the Long Island POCA group recommended them after his
   >>> pant era was totaled by hurricane Sandy.
   >>> I had American Modern Home Ins Co, who it turns out are the
   >>> underwriters for several other collector car Insurance companies
   >>> (including Haggerty) When I called Haggerty and they asked me who i
   >>> was currently insured with and I told them AMHI , they said "Hold
   >>> on" They underwrite our policies so your premium will be the same.
   >>> So I contacted Grundy.  I got my Liability raised from 100/ 300 to
   >>> $500K single limit, raised the insured value of my car by 60% and
   my
   >>> premium was virtually unchanged! All the other superfluous
   coverages
   >>> are essentially the same. The premium for this level coverage with
   >>> my  previous insurer ( as well as others I called) was double what
   I
   >>> am paying (and was paying! So needless to say I am quite happy and
   >>> would seriously recommend any one looking for a collector car
   policy
   >>> ( or another high end coverage , like yachts, collectibles even
   High
   >>> end daily drivers , they do it all!
   >>> Thanks again for all the advice.
   >>> Boyd
   >>>
   >>>    _______________________________________________ Detomaso Forum
   Managed
   >>>    by POCA DeTomaso mailing list DeTomaso at poca.com
   >>>    [2]http://poca.com/mailman/listinfo/detomaso_poca.com
   >>>
   >>> _______________________________________________
   >>>
   >>> Detomaso Forum Managed by POCA
   >>>
   >>> DeTomaso mailing list
   >>> DeTomaso at poca.com
   >>> [3]http://poca.com/mailman/listinfo/detomaso_poca.com
   >>>
   >>>
   >    _______________________________________________ Detomaso Forum
   Managed
   >    by POCA DeTomaso mailing list DeTomaso at poca.com
   >    [8]http://poca.com/mailman/listinfo/detomaso_poca.com
   >
   > References
   >
   >    1. [9]http://www.heacockclassic.com/agents/producers-guide/
   >    2. [10]http://poca.com/mailman/listinfo/detomaso_poca.com
   >    3. [11]http://poca.com/mailman/listinfo/detomaso_poca.com
   >
   >
   >
   > _______________________________________________
   >
   > Detomaso Forum Managed by POCA
   >
   > DeTomaso mailing list
   > DeTomaso at poca.com
   > [12]http://poca.com/mailman/listinfo/detomaso_poca.com
   >
   >
   > -----
   > No virus found in this message.
   > Checked by AVG - [13]www.avg.com
   > Version: 10.0.1432 / Virus Database: 3722/6914 - Release Date:
   > 04/29/14
   _______________________________________________
   Detomaso Forum Managed by POCA
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References

   1. mailto:mbefthomas at comcast.net
   2. mailto:asajay at asajay.com
   3. mailto:detomaso at poca.com
   4. mailto:detomaso-bounces at poca.com
   5. http://www.racingagainstautism.com/
   6. http://www.teampanteraracing.com/
   7. http://facebook.com/racingagainstautism
   8. http://poca.com/mailman/listinfo/detomaso_poca.com
   9. http://www.heacockclassic.com/agents/producers-guide/
  10. http://poca.com/mailman/listinfo/detomaso_poca.com
  11. http://poca.com/mailman/listinfo/detomaso_poca.com
  12. http://poca.com/mailman/listinfo/detomaso_poca.com
  13. http://www.avg.com/
  14. http://poca.com/mailman/listinfo/detomaso_poca.com
  15. http://poca.com/mailman/listinfo/detomaso_poca.com


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