I bought my FD around this time last year and paid a pretty penny for it. I've been carrying full coverage insurance on it since.

Does it make sense to do so?

I know very little about how insurance works.

I DO I know that finding parts for these cars is very difficult, and it's unlikely that if the car was involved in even a minor accident that a body shop would be able to readily find replacement parts. I also know that the KBB value of my car is almost half of its actual market value.

How do these factors play into insurance? Do you carry full coverage on your car?

 

If it's not your daily driver you should have classic insurance with a set value you choose. If it's your only car I'd have full coverage due to the value.
I use hagerty on mine and it's been great.

 

Yep, full coverage is good, but agreed value/collector's insurance is what you should look at. But, there are some stipulations with many plans - only driven a certain amount, garage kept, etc.

If you've seen ads for Hagerty or Grundy, that's collector's insurance. You say "this car is worth $30,000" and they cover it for that much.

There's a large-fish thread in the discussion form a while back on it, may want to find that and read through for some more info.

Dale

 

Hagerty!!

 

I also bought my car a year ago. I have full coverage on it with USAA. I got in a small collision that busted the radiator. I was confident the car would have been totaled. USAA did not total it; however, getting parts for it has been an absolute nightmare. the car has been in the shop for almost seven weeks and they have yet to actually start the repair, because they cannot find a hood or an AC condenser. I am having them retrofit an aftermarket condenser and the hood I am trying to find myself.

As far as buying full coverage, I think it really depends on the value of your car/build. My car is close to stock and not in pristine condition. The insurance adjuster said they take the average of cars for sale in your area off cargurus and calculate the value that way. For me it was great because my car is not a high priced FD. If I had a super clean car worth over $30k I would definitely buy collector's insurance though.

 

I believe the word is...”Boom”

 

NCM Insurance has been pretty good to work with. They have good customer service and I have found their rates to be more than fair.

I do think they offer an unlimited mileage/use policy, but its probably priced at or a bit above full coverage from a normal insurance provider depending on your agreed value.

 

Well, in my opinion, it will be better for you to make full coverage insurance, if you love your car, and you are afraid you won't be able to fix it in case of something, better make an insurance card. Some years ago, one of my friends had a rare retro BMW made in 1964, and he ignored my advice to make full coverage insurance at car.co.uk/motor-insurance, even he knew that in case of an accident it will cost him more than he gave for that car. And it happened, he fell in an accident where his car was fully destroyed. The accident was so serious, that he couldn't even restore the car because there were too much-damaged parts of the vehicle.

 

I'm running Hagarty. What triggered me was the fires in the northwest last year.

 

I hate to talk with all these office clerks...

 

Two idiot spammers above. Nobody else sees this?