Agreed upon value insurance policies

[D-O]

American Collectors denied my application. Went with Hagerty and process was seamless. $83/month for both E46 M3's ($35k & $25K valuations)

$83 each, or for both?

[freshprince2421]

$83 each, or for both?

Total for both cars .., $300k/$100k

[T-Rex]

Bumping this thread - has anyone here ever had to file a claim through Grundy? Curious to hear what that was like before I pull the trigger.

[repoman89]

Bumping this thread - has anyone here ever had to file a claim through Grundy? Curious to hear what that was like before I pull the trigger.

I filed my first claim with Grundy / Phly last month after 5 or 6 years with them. Just a glass claim after the windshield on my E39 M5 got busted by a large bird (an eagle I thought -- it flew right away after destroying my glass)

No issues whatsoever, paid in full. Got OE BMW glass, even the expensive upgraded IR/UV climate comfort variant through the shop of my choice. I had low expectations given that it's about 30% of the cost of Hagerty

[T-Rex]

I filed my first claim with Grundy / Phly last month after 5 or 6 years with them. Just a glass claim after the windshield on my E39 M5 got busted by a large bird (an eagle I thought -- it flew right away after destroying my glass)

No issues whatsoever, paid in full. Got OE BMW glass, even the expensive upgraded IR/UV climate comfort variant through the shop of my choice. I had low expectations given that it's about 30% of the cost of Hagerty

That's fantastic, thanks for the quick reply! Their quote was ~35% of Hagerty, which raised my eyebrows for sure. That said, I am done paying a king's ransom for two cars that combined get fewer than 5k added per year.

[Interlagos]

Sounds like I need to look into Grundy — recently renewed with Hagerty and they upped my rates quite a bit for no reason even though by their own valuation tools my cars values are dropping…

[PetrolM3]

All insurance rates have gone up, classic and all others. Cost of parts, skilled labor, inflation, etc means it costs more to repair and replace cars.

I just got a 2024 VW GTI two months ago and my rate is going up over $200 yearly at renewal time, only two months after my initial quote.. this is not a classic car policy but the increase is for the same reasons…

[SQ13]

I recently made a glass claim thru Grundy. They tried to replace it with aftermarket glass, but the glass guy I went to was able to get them to cover the cost of an OE replacement. Wasn’t able to get the IR glass though. The process was very simple.

Grundy is significantly cheaper than Hagerty for me, about 1/4 of the price ($0 deductible vs $1k too), and the rates haven’t changed over the last three years. Hagerty pricing is fucking stupid now…even their track day insurance would cost over $1k for a weekend while others are charging $250-400.

[Phoenix///M3]

Just renewed Grundy. No rate change past three years and half the cost of Hagerty.


Sent from my iPhone using Tapatalk

[ugaexploder]

It's that time of the year for me to renew car insurance. It's currently with Hagerty, I paid $850 for the year last November. They just quoted me $1k/year for an agreed value of $24k lol

I checked out Grundy and I put in estimated value at $30k and I was quoted $400 for the year. Definitely switching lol.

[9kracing]

Hagerty just dropped me for getting 3 tickets in 3 years.

I had gotten 2 really close together, like a month apart back in summer of 22, and then I got another one beginning of this year.

2 of them are literally for doing 75 in a 65, but apparently it doesn't matter.

So, I have to park the M3 for like 6 months and then reapply.

[D-O]

How many miles per year will Grundy allow? Do either of you have teenagers?

[ugaexploder]

How many miles per year will Grundy allow? Do either of you have teenagers?

I honestly didn’t even see the allowed mileage. I just had a simple quote so it may just be a budgetary until they get all my info. Renewing next month so I’ll definitely be on the lookout for it!

Nope, no kids here! Not yet at least

[D-O]

I would be very interested to know if they have a mileage limit, and if so, what it is.

[Interlagos]

I would be very interested to know if they have a mileage limit, and if so, what it is.

I currently have Hagerty but plan to switch to Grundy due to the massive price difference. I’ve talked with my agent extensively about it and he told me Grundy doesn’t have a mileage limit, they just require you to garage the “specialty” vehicle(s) and have a newer daily driver — all of which is pretty standard with these types of policies.