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03-18-2010 07:16 PM #7
I have cars on both Grundy and Hagerty, both good, similar policy provisions, but Grundy is less expensive, at least in my area. That's why you can't listen to what other people tell you about their rates unless they're in your same area. Each state has it's own requirements for policy minimums/provisions and each geographic area has different loss experiences which affect the actuarial calculations. So rates for the same value policy can vary. The term "AGREED" value is what you want, not "STATED" value. Inexperienced people think the words mean the same thing...................but in contract language they're different.Your Uncle Bob, Senior Geezer Curmudgeon
It's much easier to promise someone a "free" ride on the wagon than to urge them to pull it.
Luck occurs when preparation and opportunity converge.
Mike was a great guy with a lot of knowledge and always had good things to say. May he rest in peace. I hope he's up there playing with hot rods now as well.
We Lost a Good One