abkclauren
Expert
- 41
I have a friend, also an insured, that has a 1969 SS Hardtop Coupe with 30,000 miles on it, original owner more or less as his dad gave it to him as a wedding present. He recently submitted an application with Hagertys for an Agreed Upon Value of 40K. He was denied because of a seatbelt violation 2 years 9 months ago (regular auto) and a 53/45 speeding ticket 4 months ago, in one of his regular autos.
They denied the application saying he's too high of a risk for those reasons (yet he just had a significant rate decrease at his renewal next week)
My question is if there is ANY OTHER companies that would insure a collector's item for Agreed Value that doesn't have such strict UW guidelines? I can broker Hagerty and had no idea 7 over the speed limit was such a high risk ot is uninsurable until today.
Thanks
They denied the application saying he's too high of a risk for those reasons (yet he just had a significant rate decrease at his renewal next week)
My question is if there is ANY OTHER companies that would insure a collector's item for Agreed Value that doesn't have such strict UW guidelines? I can broker Hagerty and had no idea 7 over the speed limit was such a high risk ot is uninsurable until today.
Thanks