Hagerty antique car insurance company requires that your car be garaged in a permanent garage or they will not insure the car. I have 2 Model T's now, and I got a canvas garage for the second one. A phone representative from Hagerty refused to insure the car just because it is in a temporary structure.
My question for you guys is what to do. I am thinking that I volunteered too much information in telling them that it was a temporary garage.
What do you guys think??
Any advice or your experience appreciated!
Thanks and Regards,
Your last sentence says it all.
Yup. Hagerty is a good firm. However, less is more when giving any insurance company information as long as you truthfully respond to questions. NEVER volunteer anything!!!
As to what to do: Is it possible for you to put both of your T's in a permanent garage and then obtain insurance? Later, if things change and you must move one of them, then do it.
I currently have a claim with Haggerty as my Model T lost control and smashed. Haggerty has been very professional, fair and there is no doubt that we will amicably resolve the claim. They sent a knowledgable adjuster who wrote a fair estimate. I am now working on buying back the vehicle.
Haggerty was contacted several years ago when I was composing an article regarding Antique Vehicle claims. I knew of their first class reputation, and asked their claims department to give me examples of denied claims. The manager said one word...FRAUD. If people are not honest and forthwith, they get in trouble with their claims.
If Haggerty will not insure a vehicle in a temporary garage, then either don't store the car in a temporary garage or look for another insurer. Don't try and sneak it past them...think about what will happen if a claim arises. Read your policy and abide by its terms and conditions.
For the record - I did not suggest that anyone fraud an insurance company. I suggested that he comply with the permanent garage requirement if it's possible. If at a future time he can no longer comply then it may be necessary to change insurance companies.
I just dropped Haggerty. I've insured classic cars with them for nearly 10 years. But when my policies went up as I was adding more cars to my collection their price per car became excessive and when I asked them to allow me to make bi-annual payments they said no. I don't care to deal with companies that can't be flexible enough to work with me. So I moved to another company who would and saved $120.00 annually.
DEFINE PERMANENT. I can't count the times I've made "temporary" repairs that became permanent. In the early 90's with my 1st incubator of emus, I built a couple of "temporary" facilities for chicks. (Tin roof and sawmill slab siding) They've held emus, calves, boats and currently house old car parts, and even some T parts. What's the requirement to consider those buildings permanent--I'm still using them!
My insurance company told me that it had to be a permanent building: something with four walls and a floor, that could not be moved readily, and that would be locked that I only had access to. A friend's garage wasn't good enough (because the friend might steal the car).
When i went to north east Minn and bought the Wifes 29 town sedan it was insured with Haggerty before i picked it up!!!!Bud.
I have Haggerty and had a claim a few years ago. My experience was like Jon Crane's above. Fair, professional, prompt, and the adjuster they sent was very good.
I'm sticking with Haggerty.
Its always the best policy to be honest with your agent. If the worse should happen it would save you from losing face and them from distrusting you.
How about keeping one of the cars in an enclosed trailer on the driveway if you can't find room in the yard to expand your garage - would that be acceptable for the insurance company if the trailer is chained to something solid?
I had the same type of dilemma: to much stuff in the regular garage to stuff in the extra "T". What I did was get a Roundtop portable garage and put the other stuff in there. That (with some garage cleaning and organizing) left enough room for both cars.
The way insurance companies investigate every little detail so as to enable them to get out of a claim, I would NEVER house a car in a "temporary" garage with them thinking it's a "permanent" garage, once they investigate the claim, they'll deny it. I have mine with State Farm, they've never asked about that, just sayin.
I also have state farm and no question about storage,just ask how often I drive and how much money it was worth.
I had my car insured with Haggerty. I took the car to work because I had an afternoon appointment to have it detailed for a show the next day. On the way from work to the detailer I was hit by a modern car, about $4000 worth of damage. Haggerty refused the claim and I had to sue the other driver's insurance. Paid every thing out of my pocket for 2 years till it was settled. never use Haggerty again!!!!
I am no insurance company apologist, but there are some ground rules insurers require us (car owners) to follow if we want them to protect us from loss.
The relationship assumes we will do our best to protect our/their asset to the best of our ability at all times. That is what the contract is all about. The insurance companies also have access to a lot more information than we do about how losses occur. They know, for example, that a higher number of losses occur when cars are left outside or in an unprotected manner. To them, this is a preventable loss. So as the perceived risk to them increases, they must: 1. raise the premiums or 2. decline to insure the vehicle.
Unfortunately, over the last few years, Insurance companies, who agree to insure antique and Classic cars, have seen their losses increase to the point that they are becoming much more particular about what and who they will cover.
Believe it or not there are some people out there who will destroy their cars when cash gets tight or their stash runs low to collect on their policies.
I am aware of two such cases in the last 10 years but with no "hard" evidence to confirm what I know, was told by the police there was nothing they could do. As a result our policy cost increases, more claims are investigated (turned down)and new policy requests are subject to tighter scrutiny.
It's just another case, I guess you could say, of the few ruining it for the rest of us.
Tom, Thats the first negative thing Iv ever heard about Hagerty. May I ask how long ago that was? I think Haggerty will let you do a work drive once in a while. Iv been with Hagerty for many years
If it is the other drivers fault, then his insurance is responsible. If he has no insurance then your uninsured motorist coverage will pay the claim. You can not expect the insurance company to pay a claim just to make your life easier if it's the other drivers fault.
I have J.C Taylor insurance and have no complaints. They did not pay for the damage when my car was rear ended because it was the other drivers fault and his insurance accepted responsibility.
In my experience with situations where the other driver is at fault, my insurance fronted the repairs to my car anyhow, then recovered from the other drivers insurance. Your insurance should, and most do, insulate you from these kinds of problems and keep you "whole" to the extent possible, regardless of who is ultimately financially responsible.
This accident happened about 4 years ago. I thought that my insurance company would pay and then go after the other driver, but they would offer no help. It took a lawyer and the courts to work it out.
Hagerty said that since I drove the car to work it was not covered under the policy.
If you look at their website, as I have recently, you'll find that you can choose where and how much you intend to drive the car and they'll insure it accordingly.
I was not asked anything about how many miles or where the car was driven. I was told by my agent that the car was not to be used as a principle means of transportation.
Tom, Thats normal for any collector insurance. But once in a while I believe is allowed.