Originally Posted by
nickwe21
So I have USAA and love them because I like the peace of mind and their quality of the insurance is unmatched in my opinion and that goes a long way. But they don't offer Agreed Value policies unfortunately.
So I called Hagerty...they won't insure vehicles 5 miles within the coast in Florida
Was sad to hear that...next up I called USAA's agency, which contracts with American Collector and it seems like they will write a policy only if the car is barely used and only to and from car shows. Now, the car isn't my daily driver by any means but given that it's an SRT6 with a little over 25,000 miles on it, I get into it any chance I can when it's "top down" weather and I don't need trunk space.
So back to square 1...it's currently insured with USAA full coverage but I want to find a reputable company that will insure this vehicle for $20K preferably.
Any other ideas or experiences?
YES, please see my post 8 & 16 above. I will repost an earlier response also for your viewing as I was in the exact situation with USAA as you describe.
Repost: Don't waste your time with USAA. I had both my cars insured with them. I decided to check rates and place the XFIRE with a classic/collectible company and save money. Contacted USAA, discussed whether they had a company under their umbrella (for obvious reasons - we have 4 other bundled policies with them) that would meet this need. They use American Collectors Insurance. I was transferred over to that division, and after a lengthy discussion was informed the maximum value they would insure a crossfire SRT6 for was $8175. This was with an excellent record, garage, no tickets, accidents, blah blah blah. Absolutely insane ! (FYI, I choose Hagerty)
Here's a link with an excellent overview of the various companies and their restrictions:
https://www.valuepenguin.com/best-cl...-car-insurance
Keep in mind a
guaranteed value is one of the few pricing/value controls an owner has.