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#1
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insurance for historic vehicle.
I will be insureing my new svx as a historic in Maryland.
I have a quote from Hagerty for 340$ a year at 10000 $ car value. I wonder who else done that? What is your insurance company and how much are u paying? Bart. |
#2
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Re: insurance for historic vehicle.
i may go with "Historic" on the second SVX I have, if I decide to keep it. The problem with Historic vehicle insurance is that there's usually a limit on annual milage, it can't be a primary vehicle, can't be driven to work, etc.
I rated my 02' WRX as my primary work and personal vehicle, and put the SVX as "pleasure only" and less than10,000 miles a year. No collision, high deductible ( $500.00) on fire, theft, and comp. As a "senior" driver (over 50) with a spotless, claim free record, I pay less than $800.00 a year. There's some companies looking at making insurance cheaper if you have a GPS tracker installed. It will tell the insurance company about your driving habits, speed, acceleration, etc.. and adjust your rates accordingly. I predict 0.0 % of SVX drivers will opt for it |
#3
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Re: insurance for historic vehicle.
I think Hagerty specifies that it must be garaged when not in use.
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1992 LSL ebony pearl 170k - Thank you Ron Mummert Reading Box of Wine Car ----------------------------------- 1992 SVX LSL 5-Speed Sold at 180K 2019 1995 SVX Lsi Polo Sold at 118K 2007 |
#4
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Re: insurance for historic vehicle.
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Leland-West wanted $222.00/year for an agreed-upon value of $11,500. To get this coverage, there were a lot of restrictions, documentation and hoops to jump through. If it were that easy, more would do it. UPDATE: January 2015. Agreed value was increased to $15,000 for $241.00 a year. Mileage limit is less than 3,000 yearly. no commute or errands Any eligible drivers must have at least 9 years driving experience and a good driving record. No at-fault accidents, violations, felony arrests, etc. for the past 5 years. Each licensed driver in your household must have a separate, properly-insured, acceptable car available for their exclusive, regular daily use. If both drivers in the househild are retired, each person does NOT have to have a separate vehicle; a shared vehicle is acceptable. All drivers in the household must be reported on the policy. The vehicle is used on a limited pleasure-only basis. It cannot be a daily driver and cannot used for commuting, store errands or similar normal daily-use activities. When not in use or at home, vehicle must be kept in a fully-enclosed and locked garage, accessible only to you or members of your immediate household. The garage must have security system, alarm monitoring or a CCTV camera installation. Also a smoke detector and fire extinguisher are required. As a special interest/ collector car vehicle, it cannot be modified to deviate from original equipment standards or equipment offered while in production. (If you installed a 5-speed manual, it would not be eligible for coverage). Different wheels, struts or upgrades that do not affect the cosmetics of the car are acceptable Limited to driving less than 3000 miles a year. Believe it or not, in my case, the only time the SVX would not be covered is while at Reading overnight. The meet is fine during the day. All overnight parking has to be within a secure enclosed garage or controlled-access covered parking. Reading is just a regular, open parking lot that anyone can go into. Would be covered at my house, while on day trips to meets and shows or just pleasure driving, or to automotive shops for repair or maintenance. If left overnight, all shops must meet the enclosed garage standards as outlined above. Require documentation of all maintenance, upgrades and restoration done. They also want multiple photos of the car from every angle so they could see the condition. Also photos of the garage and location with respect to the house. A detailed appraisal from an independent approved collector car appraiser may be required to support agreed upon value as reasonable. .
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. Subaru Ambassador 1996 Polo Green LSi #216..138,100 miles...SOLD JFICX8659TH100216.....Date of Manufacture: November 16, 1995..... Fuji Heavy Industries..Ōta North Plant....Ōta City,. Gunma Prefecture, Japan In-Service Date: January 2, 1997 "The Pristine Green Polo Machine” First Polo Green on the Network First Clear front turn signals, JDM Alcyone hood emblem, rear panel, and BOXER engine cover on the Network (US) (2000) First 5000K HID factory fog lights (2007) First SVX JDM BBS wheels on a USDM SVX (2013) HID lighting (5000K) for headlight and H3 fog lights, PIAA SuperExtreme 120W high beams, rebuilt EG33 longblock, Cometic head gaskets, Phase II flexplate, AMR aluminum radiator with custom silicone hoses, 160A high-output alternator in aluminum-ceramic coated case, new design alternator wiring upgrade v.4, rare factory headlight protectors, refinished JDM BBS mesh aluminum wheels and custom, polished billet aluminum new hex center caps, LED grille mod, R1 Concepts high-carbon cryo slotted rotors, Akebono ceramic pads, Goodridge S/S braided brake lines, Smallcar Stage 1 shift kit, ThermalTech aluminum/ceramic-coated valve covers, Energy Suspension urethane front & rear swaybar bushings, Bontrager22 rear swaybar with QS Components Chromoly Teflon/Kevlar endlinks, "$15.00/5 minute" suspension mod. Hella Supertone horns, Custom stainless steel exhaust system with 2" headpipes, Magnaflow cats, AeroTurbine AR25 resonator /AWD "Bullet" muffler. R.I.P. 2010 Subaru Outback Limited 2.5 CVT...338,000 miles. Totaled by a 1,300 lb. COW March 4, 2016 2014 Hyundai Avante Limited ...178,000 miles. Actually quieter and smoother than the Outback 2007 Mazda Miata MX-5 PRHT...102,000 miles. Plenty of parts, service and windshields. 4th Registered Network member —2/21/2001 My NEW locker..I...My Email..I..Wikipedia/SVX . . Last edited by svxcess; 01-13-2015 at 06:43 PM. |
#5
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Re: insurance for historic vehicle.
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Currently the SVX costs me about $600/year to insure as my second vehicle with occasional use. At some point in the future when the car is in better shape I'll have it appraised and insured accordingly.
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Chris 92 Ebony Mica LS-L "A Rolling Restoration": 223,250 KM - Sleeping 2007 STi 6MT, Stance GR+ coilovers, PWR Rad, JDM hood badge, svxfiles 6000K HIDs, JDM Clear Corners, $15/15 min mod, $20/20 min mod, Energy Swaybar Bushings, Hella Supertones horns, Gold STi BBS rims, Group A lightweight crank pulley, A/C system removed, Custom header-back exhaust, Hybrid carbon/metal rear sway bar, restored headlights with CCFL halos 2008 Subaru Legacy Spec B - Diamond Grey Metallic - Sold 2020 Ram 1500 Longhorn - Red Pearl |
#6
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Re: insurance for historic vehicle.
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1994 SVX LSi JDM Tailbar and Grill, Clear Corners, 15min-mod, Nevin Blue RSB, G-FORCE SPORT COMP-2 Tires, Phenolic Spacers (Manifold & Throttle Body), SS Brake Lines, Maniac Electric Motors 160A Alternator 2008 Legacy 3.0R |
#7
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Re: insurance for historic vehicle.
i have seen unusual issues with those gps trackers that plug into the obd2 port. everything from drive ability issues to alarms and lights going off in the middle of the night. i would not recommend using those.
as for historical insurance i have found it's pretty much the same cost as regular insurance on most of my collector vehicles. don't know if it varies by area but i have full coverage with no deductible on the svx as a daily driver and it's around $800 per year. going to have them buy me a windshield next weekend.
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Current Stable: 1992 SVX 1979 K5 Blazer Cheyenne 1956 Plymouth Belvedere - Daisy 1967 Chevy C20 1953 Chevy 210 1969 Plymouth Satellite 1949 Chevy Thriftmaster 1959 Chevy Apache 1951 Chevy Stepside 1969 Chevy Camper Special 1978 Ford F150 w/ stroked 460 1986 Volvo 740 turbo wagon 1999 GMC 2500 Creep Van 1994 Impreza Outback |
#8
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Re: insurance for historic vehicle.
I have a policy with American Collector Insurance in Cherry Hill, NJ. $15,000 agreed value, Comprehensive, collision, uninsured motorist and liability (100,300, 500) with a 5000 mile per year limit and all of the restrictions that John mentioned, such as the garage requirement. My premium is $290 per year. The benefits of being old.
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____________________________________________ 95 LS-i Red, 31,xxx; bone stock for now; Daily Driver 94 LS-i Emerald Pearl, 106,xxx,; 246 whp; Tomyx snorkus and HKS Cold air intake; PWR aluminum radiator, silicone hoses; Inline thermostat; enhanced coolant routing; external power steering and oil coolers; Phenolic intake manifold spacers; 2004 WRX 5 speed transmission; ACT Clutch Kit, Heavy Duty Pressure Plate, Lightweight flywheel, performance disc; Group N motor mounts; ‘07 WRX 4-pot front calipers, cryo-treated slotted Tribeca rotors; Hawk HPS ferro-carbon pads; Frozenrotor rear slotted rotors; SS brake lines, Axxis Ultimate pads; Rota Torque 17x8 wheels; 245/40-17 Bridgestone RE01-R's; Koni inserts with Ground Control coilovers, Eibach springs; K-Mac camber/caster adjustable strut mounts; Urethane swaybar bushings; Bontrager rear sway bar; Urethane differential bushing; Custom Whiteline adjustable rear lateral links; Outlaw Engineering forged underdrive pulley; custom grind Web intake and exhaust cams (11 mm lift, 250° duration); solid lifters; CP custom aluminum forged 11 to 1 pistons, Brian Crower coated SS intake & exhaust valves; Brian Crower upgraded springs w/ titanium retainers; NGK sparkplugs; RallyBob (Bob Legere) ported and polished cylinder heads; Eagle H-beam rods; ACL Bearings; Cometic Head gaskets; ARP head studs & fasteners; Hydra Nemesis EMS; Wideband O2 sensor; 740cc Injectors; Walbro 255lph fuel pump; Upgraded WRX starter; Equal length SS headers (3 into 1); dual Magnaflow cat converters; 2 into 1 into 2 SS exhaust with Bullet muffler; OT Fiberglass hood; Oil pressure gauge; Programmable shift light, 2017 Subaru Forester XT, metallic dark gray, 29,xxx 2005 Porsche 911 Turbo S Cabrio, 24,xxx 2006 Subaru Outback LL Bean, 166,xxx sold 92 LSL Dark Teal, Smallcar Shift Kit - sold |
#10
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Re: insurance for historic vehicle.
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. Subaru Ambassador 1996 Polo Green LSi #216..138,100 miles...SOLD JFICX8659TH100216.....Date of Manufacture: November 16, 1995..... Fuji Heavy Industries..Ōta North Plant....Ōta City,. Gunma Prefecture, Japan In-Service Date: January 2, 1997 "The Pristine Green Polo Machine” First Polo Green on the Network First Clear front turn signals, JDM Alcyone hood emblem, rear panel, and BOXER engine cover on the Network (US) (2000) First 5000K HID factory fog lights (2007) First SVX JDM BBS wheels on a USDM SVX (2013) HID lighting (5000K) for headlight and H3 fog lights, PIAA SuperExtreme 120W high beams, rebuilt EG33 longblock, Cometic head gaskets, Phase II flexplate, AMR aluminum radiator with custom silicone hoses, 160A high-output alternator in aluminum-ceramic coated case, new design alternator wiring upgrade v.4, rare factory headlight protectors, refinished JDM BBS mesh aluminum wheels and custom, polished billet aluminum new hex center caps, LED grille mod, R1 Concepts high-carbon cryo slotted rotors, Akebono ceramic pads, Goodridge S/S braided brake lines, Smallcar Stage 1 shift kit, ThermalTech aluminum/ceramic-coated valve covers, Energy Suspension urethane front & rear swaybar bushings, Bontrager22 rear swaybar with QS Components Chromoly Teflon/Kevlar endlinks, "$15.00/5 minute" suspension mod. Hella Supertone horns, Custom stainless steel exhaust system with 2" headpipes, Magnaflow cats, AeroTurbine AR25 resonator /AWD "Bullet" muffler. R.I.P. 2010 Subaru Outback Limited 2.5 CVT...338,000 miles. Totaled by a 1,300 lb. COW March 4, 2016 2014 Hyundai Avante Limited ...178,000 miles. Actually quieter and smoother than the Outback 2007 Mazda Miata MX-5 PRHT...102,000 miles. Plenty of parts, service and windshields. 4th Registered Network member —2/21/2001 My NEW locker..I...My Email..I..Wikipedia/SVX . . |
#11
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Re: insurance for historic vehicle.
I'm 22 years old, no accidents at my fault on my record, and my premium is $250/6 months for both my wife and I on my SVX. I only have liability on it, but my coverage is pretty good. I'm not sure why some people pay so much... I'm on Geiko.
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1992 Pearl White LS Owned since 2009 175k Miles STi Airlift Performance air suspension 2005 WRX manual swap Rear wheel drive K-Staff front bumper Delta Speed side skirts JDM clear corners Smallcar grille Subaru XT steering wheel Subaru XT shift knob First bagged SVX in the world Worlds first SVX on air suspension. Custom made (by myself) spare tire subwoofer. |
#12
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Re: insurance for historic vehicle.
One of the advantages of an agreed-upon value in a collector car policy is that the company is far less likely to write it off as a total loss in the case of a minor accident.
On a regular policy on the SVX, even a small collision that damages only the front bumper, but sets off the two airbags, or cracks the windshield, is sometimes enough for them to write it off. I have seen it happen. .
__________________
. Subaru Ambassador 1996 Polo Green LSi #216..138,100 miles...SOLD JFICX8659TH100216.....Date of Manufacture: November 16, 1995..... Fuji Heavy Industries..Ōta North Plant....Ōta City,. Gunma Prefecture, Japan In-Service Date: January 2, 1997 "The Pristine Green Polo Machine” First Polo Green on the Network First Clear front turn signals, JDM Alcyone hood emblem, rear panel, and BOXER engine cover on the Network (US) (2000) First 5000K HID factory fog lights (2007) First SVX JDM BBS wheels on a USDM SVX (2013) HID lighting (5000K) for headlight and H3 fog lights, PIAA SuperExtreme 120W high beams, rebuilt EG33 longblock, Cometic head gaskets, Phase II flexplate, AMR aluminum radiator with custom silicone hoses, 160A high-output alternator in aluminum-ceramic coated case, new design alternator wiring upgrade v.4, rare factory headlight protectors, refinished JDM BBS mesh aluminum wheels and custom, polished billet aluminum new hex center caps, LED grille mod, R1 Concepts high-carbon cryo slotted rotors, Akebono ceramic pads, Goodridge S/S braided brake lines, Smallcar Stage 1 shift kit, ThermalTech aluminum/ceramic-coated valve covers, Energy Suspension urethane front & rear swaybar bushings, Bontrager22 rear swaybar with QS Components Chromoly Teflon/Kevlar endlinks, "$15.00/5 minute" suspension mod. Hella Supertone horns, Custom stainless steel exhaust system with 2" headpipes, Magnaflow cats, AeroTurbine AR25 resonator /AWD "Bullet" muffler. R.I.P. 2010 Subaru Outback Limited 2.5 CVT...338,000 miles. Totaled by a 1,300 lb. COW March 4, 2016 2014 Hyundai Avante Limited ...178,000 miles. Actually quieter and smoother than the Outback 2007 Mazda Miata MX-5 PRHT...102,000 miles. Plenty of parts, service and windshields. 4th Registered Network member —2/21/2001 My NEW locker..I...My Email..I..Wikipedia/SVX . . |
#13
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Re: insurance for historic vehicle.
I've had Haggerty on my TVR for 5 years now. They have been spectacular. For full coverage, 250k/500k, no deduct., unlimited mileage $12500 agreed value, 200 mile towing I pay around $300 a year. Yes the car does need to be your non primary car, yes it does need to be stored in a locked garage on your property when not in use but it is fully covered when using it for pleasure, shows and meets including overnight stays in parking lots, hotels etc. Haggerty even covers it in Canada without a different card as I took it to a show up there last year and verified coverage before I left. Another great thing I've found out about haggerty is that when my windshield cracked (and wasn't available stateside) they were more than willing to pay for it to be shipped from across the pond. As soon as you can get you SVX on an agreed policy the better you'll be protected esp. from total losses.
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British vehicles are my last ditch attempt to keep the nasty Italian thoughts in my mind at bay. So far its working. |
#14
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Re: insurance for historic vehicle.
Hagerty doesn't think too much of the SVX as a collectible.
To qualify for collector car coverage, a 1990's vehicle has to have a value of $10,000. Here is their valuation for my 1996 Polo, rated as a Condition 2, which is: Condition #2 cars could win a local or regional show. They can be former #1 cars that have been driven or have aged. Seasoned observers will have to look closely for flaws, but will be able to find some not seen by the general public. The paint, chrome, glass and interior will all appear as excellent. No excessive smoke will be seen on startup, no unusual noises will emanate from the engine compartment. The vehicle will drive as a new car of its era would. The one word description for #2 cars is "excellent." As of December, 2013, their valuation of my car is only $6500 ( up from $5900 in April 2010) Even a Condition 1 SVX comes in at only $9900 (up from $8600 in April, 2010) Here's their requirement for a Condition 1 car: Condition #1 vehicles are the best in the world. The visual image is of the best car, in the right colors, driving onto the lawn at the finest concours. Perfectly clean, the car has been groomed down to the tire treads. Painted and chromed surfaces are mirror-like. Dust and dirt are banned, and materials used are correct and superbly fitted. The one word description for #1 cars is "concours" .
__________________
. Subaru Ambassador 1996 Polo Green LSi #216..138,100 miles...SOLD JFICX8659TH100216.....Date of Manufacture: November 16, 1995..... Fuji Heavy Industries..Ōta North Plant....Ōta City,. Gunma Prefecture, Japan In-Service Date: January 2, 1997 "The Pristine Green Polo Machine” First Polo Green on the Network First Clear front turn signals, JDM Alcyone hood emblem, rear panel, and BOXER engine cover on the Network (US) (2000) First 5000K HID factory fog lights (2007) First SVX JDM BBS wheels on a USDM SVX (2013) HID lighting (5000K) for headlight and H3 fog lights, PIAA SuperExtreme 120W high beams, rebuilt EG33 longblock, Cometic head gaskets, Phase II flexplate, AMR aluminum radiator with custom silicone hoses, 160A high-output alternator in aluminum-ceramic coated case, new design alternator wiring upgrade v.4, rare factory headlight protectors, refinished JDM BBS mesh aluminum wheels and custom, polished billet aluminum new hex center caps, LED grille mod, R1 Concepts high-carbon cryo slotted rotors, Akebono ceramic pads, Goodridge S/S braided brake lines, Smallcar Stage 1 shift kit, ThermalTech aluminum/ceramic-coated valve covers, Energy Suspension urethane front & rear swaybar bushings, Bontrager22 rear swaybar with QS Components Chromoly Teflon/Kevlar endlinks, "$15.00/5 minute" suspension mod. Hella Supertone horns, Custom stainless steel exhaust system with 2" headpipes, Magnaflow cats, AeroTurbine AR25 resonator /AWD "Bullet" muffler. R.I.P. 2010 Subaru Outback Limited 2.5 CVT...338,000 miles. Totaled by a 1,300 lb. COW March 4, 2016 2014 Hyundai Avante Limited ...178,000 miles. Actually quieter and smoother than the Outback 2007 Mazda Miata MX-5 PRHT...102,000 miles. Plenty of parts, service and windshields. 4th Registered Network member —2/21/2001 My NEW locker..I...My Email..I..Wikipedia/SVX . . Last edited by svxcess; 01-30-2014 at 06:23 PM. |
#15
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Re: insurance for historic vehicle.
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__________________
British vehicles are my last ditch attempt to keep the nasty Italian thoughts in my mind at bay. So far its working. |
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