Author Topic: Insuring our trucks  (Read 937 times)

Offline berserk

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Insuring our trucks
« on: January 06, 2023, 02:40:12 AM »
I have a K10 and recently dumped a LOT of money and time(12,000+) into the truck. Several months ago I inquired about insuring the truck beyond liability and only met dead ends. My insurance Progressive had NO policy for modified classic vehicles that aren't completely restored. I called several classic car insurance companies (Grundy, hagerty, etc) and was told the truck needed to be a garage queen/ show truck in other words not driven. I want to WORK my truck, tow, off-road, cruise etc. drive 5000 miles a month if I want. Also my truck is Rusty with bad paint ALL the money is in mechanical. Such as one ton axles, lockers, suspension and so on.

When I told these companies this they ALL said they had no policy for classics that are actually driven daily/not totally restored with documentation.

So here is the question, I want to USE the truck. To tow trailers, off road, daily drive, road trip. HOW in the heck are you guys who have 20,000+ in your trucks that actually use them get insurance that covers the value? And through what company?

Thanks so much for any help
76 Chevy k10 350/th350/203 part time. Vortec heads, Headers duels, thrush chambered, edelbrock 600cfm and rpm intake, big 4 row aluminum rad, 12 bolt posi, 10 bolt warn lock outs, 31" AT etc.

Offline Shifty

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Re: Insuring our trucks
« Reply #1 on: January 06, 2023, 08:14:07 AM »
The "daily drive" thing killed my suggestion....I use Safeco, with a stated value insurance, but it's a limited mileage deal.
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Offline 78 Chevyrado

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Re: Insuring our trucks
« Reply #2 on: January 07, 2023, 11:23:34 PM »
I've been searching for years and years.  None I've found will Insure anything over 15 or so years old for daily driving.  That means my 78 C20 and my 97 Z28 are gonna be gone for real if anything happens to them.  Most insurance you can never drive it to work.  you can never drive it to stores.  Well I only go to work.  If anything happens to my 78, I'm SOL.  After finding this out, The 78 and 97 will be the last classic cars I put $20k+ into.  I'd still buy decent drivers if under $10k or so and not worry about it.  ya know a nice survivor.  But no more no expense ($20-$30k for me) spared cars. 

Kenny

1978 C-20, 350/400, 3.73, Graystone Metallic, Raceline Renegade 8 Wheels - 18x8.5, 275/70R18 BFG KO's

Offline 78 Chevyrado

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Re: Insuring our trucks
« Reply #3 on: January 07, 2023, 11:24:29 PM »
They'll insure to to drive...  Everything but the value of your vehicle.
Kenny

1978 C-20, 350/400, 3.73, Graystone Metallic, Raceline Renegade 8 Wheels - 18x8.5, 275/70R18 BFG KO's

Offline berserk

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Re: Insuring our trucks
« Reply #4 on: January 08, 2023, 12:59:52 PM »
I've been searching for years and years.  None I've found will Insure anything over 15 or so years old for daily driving.  That means my 78 C20 and my 97 Z28 are gonna be gone for real if anything happens to them.  Most insurance you can never drive it to work.  you can never drive it to stores.  Well I only go to work.  If anything happens to my 78, I'm SOL.  After finding this out, The 78 and 97 will be the last classic cars I put $20k+ into.  I'd still buy decent drivers if under $10k or so and not worry about it.  ya know a nice survivor.  But no more no expense ($20-$30k for me) spared cars.

I have come to the same conclusion, if I can't have some kind of full coverage ins. and actually use the truck I can't put anymore money into it. Thanks
76 Chevy k10 350/th350/203 part time. Vortec heads, Headers duels, thrush chambered, edelbrock 600cfm and rpm intake, big 4 row aluminum rad, 12 bolt posi, 10 bolt warn lock outs, 31" AT etc.

Online Scott91370

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Re: Insuring our trucks
« Reply #5 on: January 12, 2023, 09:53:26 AM »
Yeah, I've been searching for somehting for a year and a half.

We built this to be my daugter's first vehicle, have $25k in it and who knows how many hours.  We've done everything but the paint.

She is too young to put on the policy and since it would be driven daily both of these kill getting any type of agreed upon value.

I did get a heads up on a company called American Family.  I haven't had a chance to chekc them out, but one of the guys on another forum uses them and says they're insuring for the value he has in the truck.

Offline Rapid Roy

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Re: Insuring our trucks
« Reply #6 on: January 12, 2023, 11:41:59 AM »
I have been wanting coverage also. I checked American Family Insurance online and they are not operating in Texas. Rats!!!
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Offline philo_beddoe

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Re: Insuring our trucks
« Reply #7 on: January 13, 2023, 08:15:16 AM »
When I first got my 77 c-10 back in 2016, I went right to Hagerty and insured it for more than what it was worth. I paid $5k for the truck and insured it for $12k. After restoration, I bumped it up to $20k. I donít know what to say, maybe I slipped through the cracks? If the roads are clean and dry, I am driving it, year round. Hagerty has been great, Iíll have to check what my policy cost and Iíll post it, but I think itís less than $300/year.
Behold, the day of the LORD cometh, and thy spoil shall be divided in the midst of thee.  Zechariah 14:1

Offline berserk

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Re: Insuring our trucks
« Reply #8 on: January 23, 2023, 12:53:21 AM »
When I first got my 77 c-10 back in 2016, I went right to Hagerty and insured it for more than what it was worth. I paid $5k for the truck and insured it for $12k. After restoration, I bumped it up to $20k. I donít know what to say, maybe I slipped through the cracks? If the roads are clean and dry, I am driving it, year round. Hagerty has been great, Iíll have to check what my policy cost and Iíll post it, but I think itís less than $300/year.

Did they impose restrictions on the use of your truck and how it is stored? In other words it's only insured to go to a car shows or Cruise. Instead of daily drive / towing.

I ask because I can get it insured from them but I can't actually use it as a truck. They said I couldn't tow boats or trailers, or daily drive. And if I got in a wreck doing those things the insurance wouldn't cover it.
76 Chevy k10 350/th350/203 part time. Vortec heads, Headers duels, thrush chambered, edelbrock 600cfm and rpm intake, big 4 row aluminum rad, 12 bolt posi, 10 bolt warn lock outs, 31" AT etc.

Offline Mike81K10

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Re: Insuring our trucks
« Reply #9 on: January 23, 2023, 08:29:48 AM »
I have gotten a quote from them about 12 months ago. They will ask you how many miles a year you drive your truck and is it kept in a garage. What is the value of your truck? You pay according to what you tell them.

Offline gmcowner22

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Re: Insuring our trucks
« Reply #10 on: January 23, 2023, 10:54:34 AM »
Right now both my Dodge and my 87 GMC are both insured by Liberty Mutual (yes that joker and the emu). I have currently PA state minimum,  I also worked for em to and Ive seen other ppl with Truck like ours with higher levels of insurance.
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Offline berserk

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Re: Insuring our trucks
« Reply #11 on: January 24, 2023, 12:37:42 PM »
Ok I will give them a call and see what they have to say, thanks.
76 Chevy k10 350/th350/203 part time. Vortec heads, Headers duels, thrush chambered, edelbrock 600cfm and rpm intake, big 4 row aluminum rad, 12 bolt posi, 10 bolt warn lock outs, 31" AT etc.

Offline philo_beddoe

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Insuring our trucks
« Reply #12 on: January 24, 2023, 03:55:03 PM »
When I first got my 77 c-10 back in 2016, I went right to Hagerty and insured it for more than what it was worth. I paid $5k for the truck and insured it for $12k. After restoration, I bumped it up to $20k. I donít know what to say, maybe I slipped through the cracks? If the roads are clean and dry, I am driving it, year round. Hagerty has been great, Iíll have to check what my policy cost and Iíll post it, but I think itís less than $300/year.

Did they impose restrictions on the use of your truck and how it is stored? In other words it's only insured to go to a car shows or Cruise. Instead of daily drive / towing.

I ask because I can get it insured from them but I can't actually use it as a truck. They said I couldn't tow boats or trailers, or daily drive. And if I got in a wreck doing those things the insurance wouldn't cover it.
Same thing as Mike81k10. I started with Hagerty around 2016 and they did ask a few detailed questions like what you stated, like miles driven per year, garage, etc. During a typical New England winter it will sit form Dec - Most of March. Of course, if the roads are dry and free of salt I would drive it every day, regardless.

They did not impose any restrictions like you said. Maybe I fit their profile anyway, I only drive the truck maybe 1000 mi./year and I donít use it as a ďtruckĒ
« Last Edit: January 24, 2023, 03:59:56 PM by philo_beddoe »
Behold, the day of the LORD cometh, and thy spoil shall be divided in the midst of thee.  Zechariah 14:1

Offline berserk

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Re: Insuring our trucks
« Reply #13 on: May 01, 2023, 10:25:49 AM »
I wanted to give an update on an insuring my truck. I found a local farmer's insurance agent that works with Hagerty and was able to get insurance on my truck finally.

I think the issue I had is I called hagerty support and the person I spoke to didn't care about me or my business. Going with a local agent they really worked with me, asked the right questions, and act as a middleman between me and hagerty.

In the end I was able to get really good liability, uninsured motorist and cover the truck for 20,000. It turned out to be around $38 a month but for my investment in the truck I'm happy. Just wanted to make sure and update for people who look at this thread later. My advice is if you're having issues calling the insurance agencies directly look for a local agent to work with.
76 Chevy k10 350/th350/203 part time. Vortec heads, Headers duels, thrush chambered, edelbrock 600cfm and rpm intake, big 4 row aluminum rad, 12 bolt posi, 10 bolt warn lock outs, 31" AT etc.

Offline JohnnyPopper

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Re: Insuring our trucks
« Reply #14 on: May 01, 2023, 12:26:08 PM »
I had the exact same experience with the Hag, they cop an attitude and basically ignore you. Broker fixed it and now I pay them about the same.
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