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Corvette
General Corvette Discussion
Hagerty Insurance Feedback ?
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<blockquote data-quote="Icecap" data-source="post: 167740" data-attributes="member: 4911"><p>In BC Hagerty is a non starter for me. With our provincial ICBC monopoly car insurance we are paying the highest insurance rates in Canada. I had a Hagerty policy for the first year of ownership in 2017 but didn't renew due to the total insurance cost being insane. With ICBC we need to purchase minimum mandatory coverage with ICBC and when you add the cost of the Hagerty Policy you've reached the stratosphere in annual cost. I had an agreed value policy based on a professional collector car appraisal of $49,000. The Hagerty policy was also very limiting as to maximum allowed annual mileage which ruled out ever taking the car on a lengthy vacation tour like the Corvette Caravan. Only insuring the car completely with ICBC now for 6 months on the road and 6 months in storage and my total annual insurance coverage still costs more than most of you would pay for full coverage on the road for 12 months. Hagerty will not sell storage only coverage so my renewal quote was in excess of $1,700. My wife and I have a meticulous driving abstract and no accident record of more than 15 years.</p></blockquote><p></p>
[QUOTE="Icecap, post: 167740, member: 4911"] In BC Hagerty is a non starter for me. With our provincial ICBC monopoly car insurance we are paying the highest insurance rates in Canada. I had a Hagerty policy for the first year of ownership in 2017 but didn't renew due to the total insurance cost being insane. With ICBC we need to purchase minimum mandatory coverage with ICBC and when you add the cost of the Hagerty Policy you've reached the stratosphere in annual cost. I had an agreed value policy based on a professional collector car appraisal of $49,000. The Hagerty policy was also very limiting as to maximum allowed annual mileage which ruled out ever taking the car on a lengthy vacation tour like the Corvette Caravan. Only insuring the car completely with ICBC now for 6 months on the road and 6 months in storage and my total annual insurance coverage still costs more than most of you would pay for full coverage on the road for 12 months. Hagerty will not sell storage only coverage so my renewal quote was in excess of $1,700. My wife and I have a meticulous driving abstract and no accident record of more than 15 years. [/QUOTE]
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Corvette
General Corvette Discussion
Hagerty Insurance Feedback ?
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