Hagarty since 2005.  Never had a claim but called them for towing once...quick and painless.  As far as restrictions, they never asked about mileage.  Generally they like around 2500 miles/year as I recall but they also don't get excited if you use the car more long as it's for "car related" stuff...like the Bash, car shows, or just plain pleasure cruising.  Last time I jacked up the agreed value they asked for some pix but that should be no problem.  As for the locked garage, they just want to be sure it's not setting out behind the barn, rotting with a $20K agreed value on it...can't blame them.  As for traveling, I can't believe they would make an issue about the car being in a motel parking lot overnight.
Mainly, they don't want to insure real daily drivers that set out in the weather and spend their days in parking lot.  They want to insure classic vehicles that are treated and used as such.

State Farm now offers "agreed value" but I'm betting the restrictions are similar.

I'd say call 'em...ask, get answers before you buy.

BB

First, before getting ANY insurance have an appraisal done on the car.  It's going to cost you like $200-$250, but you can use this as the basis for the stated value. 

Second, I have mine insured through State Farm.  No limitations, though it is not a primary vehicle for anyone in the household, and it is a collector type policy.  I think I pay about $200 a year for it, and the value, which this reminds me I should get updated, is stated at $26,500.  That appraisal was from some years ago, and I think the car is worth more now with the work I've done to it in the past 5 years. 

Right now it’s insured through Allstate. No mileage restrictions, not classified as a DD, no agreed value either. There was a value of up to $25K for car and $25K for added Hotrod parts that I opted for. Pricing is about $650 every six months. God only knows what it would take to get that much out of them if something happens to the car.

Allstate can write Hagerty, but my agent has not provided a quote after asking twice, he’s had his chance.  An online Hagerty quote for agreed value north of the $50K from Allstate and 5000 miles a year came back at about the same as Allstate. An online Grundy quote with the same parameters was about half of the other two. Still haven’t made the time to talk to a person about either.

There’s still odd and ends to complete before it’s ready for an appraisal, but my spread sheet from parts and labor I’ve actually paid should come in handy for an agreed value determination.

Edit for spelling.

Last edited by Bolted to Floor (11/28/2018 11:09 PM)

jkordzi wrote:

My only concern is the use limitation.  I'm having a problem getting anything in writing that spells out under what circumstance I'd be covered and when I wouldn't. 

One would think the conditions of use of the insured vehicle would be an important part of the policy and known by both parties. Back in the day when I was in claims, the word was if something went to court on ambiguous wording of the policy, the courts always ruled in favour of the policy holder.

Now rarely did policy language ever get challenged in court, as it takes petty deep pockets to get there. Insurance company lawyers continually change policy language in their favor.