SOLVED - Just got an insurance cancellation due to 'gray market' car...

[ThatOneEuroE30]

Mines not sub 100k miles so im not sure if it would go for that...maybe ill increase the agreed value, i dont know. We will see.

Idk why they go by mileage its should be condition.

[jhaurimn]

Idk why they go by mileage its should be condition.

Agreed, but you cant deny a low milage example will increase in value over time than a comparable, high milage example.

To be honest, other than miles, you cant really tell a difference in condition between my 111k mile car and the 40k mile one that just popped up on ebay.

[ThatOneEuroE30]

Agreed, but you cant deny a low milage example will increase in value over time than a comparable, high milage example.

To be honest, other than miles, you cant really tell a difference in condition between my 111k mile car and the 40k mile one that just popped up on ebay.

true just because thats how people are....

[Todd Black 88]

Well, a buddy of mine always wins concours events and is consistently offered much more money then other low mile versions of the same car. His 69 shelby gt350 has over 450k miles on it, but is mint.
He is the one that told me not to worry about mileage when buying a collector car, look at condition. Once the car hits 50k miles, it's not a low mile car in the collector wold anyways, it's a survivor.

[FLG]

Check out Hagerty. I have them for my charger. Great company!

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[JinormusJ]

Those of you who went with American Collectors and Hagerty

I got declined because my usage was too much. Couple times a week and annual milage of 8000. Trying to get a better quote for my 1989 325iS, but it seems like they don't want to insure frequent driver vehicles?

[FLG]

Hagerty has yet to ask for a mileage reading on my charger in like 6 years. They've never asked for one since I got it actually.

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[JinormusJ]

I just got off the phone with them after they declined me claiming they only insure "collector vehicles like those that leave the garage only like 2-3 times a month"

[ThatOneEuroE30]

How much is collectors insurance?

[Farbin Kaiber]

Some require estimates and detailed photos. Depends on company.

Back to State Farm....did you call them and question it? Honestly your paying your premiums why the ____ do they honestly care how this ancient car came into the country so long as it's legal?

I don't use them but seems there has been a lot of changes in the industry over the last few years.

UPDATE: My local, small town State Farm Agent took great care of the situation, I called and waited a few days because he was out of the office, He called and we chatted, I told him I was going to be switching carriers for a number of vehicles and Homeowners Insurance. He said he would find out what he could.

He told me a day later they were going to need an EPA letter, as well as a DOT letter as per State Farm Underwritting.

I pulled a C@RF@X and I called back a few days later, and let him know the car was properly imported via Portland, OR in late 1987, and was cleared by the DOT at that time. He checked with his underwriters and they requested a copy of the title, a picture of the car, and a copy of the report I'd pulled. With that information, they decided to honor the insurance policy and to reverse the cancellation of insurance.

My weekend has been made.

I am Jack's smiling face.

[JasonC]

Screw State Farm. My 76 2002 somehow was No longer eligible for "collector status" or whatever it was called. So premium went up, coverage down, deductible up. After being a multi car customer since 1974. Bite me State Harm.

So Hagerty and USAA are now my people. Better rates and coverage. The service is great. They actually are polite.

I have State Farm and I was told that the Collectors Ins had a cut off of 1970.

[LJ851]

I have State Farm and I was told that the Collectors Ins had a cut off of 1970.

I tried to get collector insurance on my 1962 Scout from State Farm (whom i have several cars and house with) and they said to drive it up to my agent to take pictures. They walked outside and actually laughed at my truck. So apparently your vehicle also has to be "nice" as well.

Lol.


Great news on your success, Farbio.

[phreshkid]

I tried to get collector insurance on my 1962 Scout from State Farm (whom i have several cars and house with) and they said to drive it up to my agent to take pictures. They walked outside and actually laughed at my truck. So apparently your vehicle also has to be "nice" as well.

Lol.


Great news on your success, Farbio.

AAA did this to me too. I wanted to try out their classic car insurance and asked me to bring the car by their office for photos. They looked at the bullet hole and asked if I'm going to fix it, to which I replied no. They said right there on the spot, before taking photos, that this car won't make it into their program and that I should have the car cleaned up even more.

They just don't understand the word "classic".

[Farbin Kaiber]

I sent them this picture, guess it looks clean enough. But then again I didn't go the classic route, just basic full coverage policy.

[kronus]

darn that's clean

did you take care of the core support already?