Barrett Jackson Endorsed Insurance

snowgoer · #1 (**permalink**) 02-10-2011, 03:27 PM

Has anyone used the Barrett Jackson Endorsed insurance that is sold by TDC Risk Management. They had a booth and a lot of advertising at the Barrett Jackson auction in Arizona. They have competitive rates and seem to offer the same type of insurance as Haggerty and other classic car insurance companies. Any insite would be appreciated.

RestoCreations · #2 (**permalink**) 02-10-2011, 03:55 PM

Quote:

Originally Posted by snowgoer

Has anyone used the Barrett Jackson Endorsed insurance that is sold by TDC Risk Management. They had a booth and a lot of advertising at the Barrett Jackson auction in Arizona. They have competitive rates and seem to offer the same type of insurance as Haggerty and other classic car insurance companies. Any insite would be appreciated.

Yes! I have it on all of my cars. They are really great to work with. I ripped the fender off of my last replica, which was fiberglass, and they had no problem shelling out the money for the repairs. Ask for Amy Kilgore! They always answer the phone and are very friendly. They are car people and understand antique cars and replicas.

twobjshelbys · #3 (**permalink**) 02-10-2011, 07:55 PM

I have it on mine too. The policy is underwritten through Chartis. Mine is brokered through DELP - although it looks like the BJ site says they've switched brokers to TDC.

Old Phart · #4 (**permalink**) 02-10-2011, 09:09 PM

Rally Insurance was a much better price than anyone, has an excellent claims dept., and there's a bigger discount if you are with SAAC.

1-800-801-1823

twobjshelbys · #5 (**permalink**) 02-10-2011, 09:21 PM

My CSX with a $110K stated value and all mandatory liability coverage is $600/year. I couldn't find a place with stated value that even came close.

snowgoer · #6 (**permalink**) 02-11-2011, 06:29 AM

Thanks for the help. I am looking at one other company also but wanted to see if anyone had a claim and how they handled it. It sounds like they are pretty good and their rate was very good. I just wanted to make sure the good rate did not equal bad coverage or customer service.

ajracing · #7 (**permalink**) 02-11-2011, 06:42 AM

Anyone have a # for them, as I'm do for renewal.

Aj.

twobjshelbys · #8 (**permalink**) 02-11-2011, 08:23 AM

I just went back to a recent email. DELP now has TDC in their signatures so here is a contact:

Amy Spengler
TDC Risk Management

Insuring Collector Cars, Homes, Watercraft, Aircraft and More
1440 Arrowhead Drive
Maumee, OH 43537
419-794-1080 Direct & Fax
877-545-2522 Toll Free

Through the same agency I changed all of my insurance, daily driver auto, homeowners and umbrella to Auto-Owners through them. The savings over Farmers was more than 1/3. On the Auto-owners policies if you pay for a full year instead of dividing it there is an additional 20% discount. Give them a call for a quote, can't hurt.

ajracing · #9 (**permalink**) 02-11-2011, 11:23 AM

thanks, calling today

Aj

Don · #10 (**permalink**) 02-11-2011, 01:12 PM

" Barrett-Jackson joined forces with two insurance industry leaders who excel at delivering the best possible coverage with equally strong personal service"

http://www.barrett-jackson.com/insurance/about.asp

jwd · #11 (**permalink**) 02-11-2011, 01:30 PM

Quote:

Originally Posted by twobjshelbys

My CSX with a $110K stated value and all mandatory liability coverage is $600/year. I couldn't find a place with stated value that even came close.

If you have "Stated Value" you better get a different policy as the amount "Stated" is used only to figure the premium and you'll have to fight to prove the value of your loss. The one you want is "Agreed Value" where that is the amount you get in case of a total loss, no questions asked.

snowgoer · #12 (**permalink**) 02-11-2011, 02:38 PM

I just spoke with Aaron who I purchased it from at TDC and it is agreed value. Great question to ask if you are looking for insurance.

twobjshelbys · #13 (**permalink**) 02-11-2011, 07:40 PM

Yes, it is. I guess I'd thought the terms were interchangeable, I guess not.

jwd · #14 (**permalink**) 02-11-2011, 07:51 PM

Quote:

Originally Posted by twobjshelbys

Yes, it is. I guess I'd thought the terms were interchangeable, I guess not.

Common mistake. Just make sure you have "agreed value" before you have a claim.

JustOne · #15 (**permalink**) 02-11-2011, 08:37 PM

My wife is a insurance agent that concentrates on commercial insurance and classic cars. What do you expect classic cars is our hobby and love. Agreed value needs to be established up front, and supported with recent sale data. If anyone has any questions I can ask her to comment. Truthfully there are only a few underwriters that will insure a Cobra recreation, and it is really narrowed down to if you built your car or you purchased it as a roller.

Justin

twobjshelbys · #16 (**permalink**) 02-11-2011, 10:04 PM

Chartis is the policy writer on the Barrett Jackson branded policy. I got mine from DELP before the BJ branding happened. It was part of AIG then. Chartis was spun off from AIG - they were a profitable business so survived.

Joy · #17 (**permalink**) 02-12-2011, 08:12 AM

I've asked this before, but haven't gotten an answer. Does anyone have "agreed" value insurance without restrictions on where you can drive? I want to be able to drive anywhere I want and that seems to limit what I can get.

Don · #18 (**permalink**) 02-12-2011, 08:50 AM

Joy, my agreed value restrictions are annual mileage and " hobby use/driving ". i.e., not using for shopping, errands, etc. Parking in a big box store's lot would not be acceptable if an accident occurred.

The initial Agreed Value was established with multiple pictures and detail description, as well as a picture of the garage the vehicle will be in.

Mastiff107 · #19 (**permalink**) 02-17-2011, 10:04 PM

Don't know if you "qualify" for USAA Insurance. Have my Cobra covered through them, use if for anything I want and I tell them what the value is and they cover it for that. Doesn't cost me any more than form my 2003 X-terra. I have my '38 Chevy covered through Grundy at a great price, but they won't cover Cobra.