I have tried Haggerty but being as my cougar is not garage stored are there any ideas on where I can get insurance and the coverage amount? 1970 Mercury Cougar 351W 425 H.P. F.M.X.auto. The engine was rebuilt at a cost of over $5,000.
I’m with American Collectors and they also wanted the car in a locked garage. Fortunately, I have the option of storing the Cougar at my store. I’m not aware of any classic car insurer that doesn’t require garage storage.
Ditto with Bill, American Collectors here. And, they wanted pics of the “secured” door.
According to Hagerty’s (one G) underwriting guidelines, if you live in the right area they may accept a carport if the rest of the risk is acceptable. If it just sits out in the elements, something is bound to happen to it. I wouldn’t leave one of my nice cats outside. I am exactly the type of risk that Hagerty or any other collector car company wants to insure. They will not insure folks that don’t fit the very low risk catagory. Low risk=low rates.
Where do you have your other vehicles insured? If the cat is your only vehicle, you’ll never get collecter car insurance, not because you don’t have a garage, but because you don’t qualify in that the cat is your only transporation. The reason the collector car policy cost is so reasonable is because the risk is so low. My hagerty insured vehicles rarely get more than 500 miles put on them per year and sometimes not even that.
Locked? Door goes down, door goes up side door has lock. Good enough? They wouldn’t insure my truck because it wasn’t restored, same with the cat.
American collectors here. In a garage under a cover.
Hagerty insured both my cars.
I don’t remember any questions about where they are kept.
Who wouldn’t insure it? I have all of my cars insured through Hagerty and they are certainly not restored. In fact all of them except the GT-E are insured for way more than I asked for.
Pretty sure most (if not all) ask about principal garaging.
Hagerty refused even though the garage is behind an electric gate.
If you look at the fine print on your policy, you’ll probably find a reference to garaging requirements there. If you’re not adhering to them, Hagerty could refuse to pay a claim. Whether they would or not, who knows? But they’d probably be entitled to reject the claim. If the reference isn’t in the policy anywhere, then maybe it’s something they strongly encourage but don’t enforce.
I better look into that.
I will be ok as neither of my cars have been out of the garage in 7-8 years. 
Maybe this year.
I have Hagerty. When I 1st bought the car, I stored it in a locked storage facility (all single bays) that a friend owns. Hagerty asked a couple reasonable questions, I took pics of the car and where it’d be kept, emailed same to them and I was covered. A few years later I had my garage done and moved the car. Again, a couple questions, a couple pics…
I am going to put liability insurance on it for now just so I can take it out here and there. If I do find a place to insure it how much should I insure it for?
I have State Farm for my Cougar, Bronco, the new car, and my house. Cougar policy is currently on hold, the collision part (iirc) anyway, since I don’t drive it in the winter. Ends up costing like $1 a month for the winter for full coverage (though I can’t drive it) and then still totally cheap during the summer. Multi-line discount and all that.
I’ve had State Farm for every car I’ve ever owned, and renter’s insurance on all my old apartments going way back, before I bought a house, and they have kicked ass on every claim I’ve had over the years.
My Cougar lives in a garage, wouldn’t have it any other way. State Farm didn’t ask.
“full” coverage is an incorrect term since nothing is ever fully covered. (deductible, exclusions, etc) Actual is liability with physical damage coverage.
In the winter, your State Farm is dropping all coverage’s except comprehensive, or, “other than collision” coverage. There is no liablity coverage’s during the winter time when you store it. (as well as no collision)
State Farm is a good company and they are HUGE. Many many other excellent companies out there with better rates and the same or better claims service and just as financially stable.
Sad to say, just switched from American Collectors to Hagerty. Rate was better.
Just got quoted through Hagerty and they wanted a garage and on your premises - I assume a storage garage is not acceptable. For a 27,000 value it was 360/Yr. Didn’t think that was horrible at all! Never had to claim through them, but it sounds like those who have had a good result…
I’ve got two cars insured with Hagerty. Both are stored off site in a locked garage. They didn’t give me a hard time about them not being at my house, but they will not budge on them being garaged.
Hagerty WILL accept a carport on certain risks. I just read the underwriting guidelines again and they limit a carport stored vehicle to 30k value or 50k total of more than one vehicle.
The carport must have limited access- low visibility from road in a non urban area.
Must be a permanent structure and have gravel, concret or asphalt floor.
Can’t be in an area that receives significant snowfall or exposed to other catastrophic hazards.
No carport biz elligible in Alaska, Cali, florida, Hawaii, Mass or Washington. Also, can’t be wihtin 100 miles of Atlantic and Gulf Coast regions. (LA, MS, AL, GA, SC, NC and TX.)