lnsurance Grundy

[jmarsey]

Thanks you guys for the informaion. My friend is a happy camper. Now, what about my JBL? Well I have a year to figure that one out.

Thanks, John Marsey

[ERA 626]

American Collectors Ins.
$270 per year $70,000 agreed value

[Mark Husar]

MrMike.
Post some info on the insurance company you are doing business with. I have a few cars I would like to run by them.
Thanks

[frankym]

Not sure it was mentioned yet, but so everyone's clear, there is a difference between agents and underwriters. Grundy Worldwide is an agent issuing policies for the principal CHUBB. Chubb ultimately is your carrier, so you might want to check with CHUBB directly about policy guidelines (but they'll tell you to contact the agent anyways), as some agents will make their own policies which may or may not be a part of the stated policy between you and the principal (Chubb). I took out my policy with Grundy about 2 years ago, since I've never had a claim, I really cannot determine at this point how good or bad they are. But it's clear as day that my insurance is with Chubb. Other providers such as State Farm have an exclusive agency network, i.e. you can't visit your local state farm agent and get an AllState policy. Grundy likely will issue one policy with a Chubb for Replicas and perhaps that of another for vintage classics. But if you're trying to get some feedback on which carrier or which agent, you should ask who has filed a claim with these parties. It is the handling of claims where the rubber meets the road. Making any determination of the provider on the basis of premium price and policy stipulations (which are vague at best on their face), is a really incomplete picture. I too would be curious as to how Grundy handles the claims, do they refer you to Chubb or try to disqualify claims on some bogus technicality etc. These are the questions you need to answer before you decide on an agent/carrier. Like most of you out there, I had some difficulty finding providers that cover the replicas, some will not accept any replica that was built outside of a factory setting, and this could come back to bite you if your definition of of professional construction/manufacturing differs from theirs. I believe Grundy, at the time, made a distinction between a kit and a replicar, but not sure of the specifics.

[Bill Wells]

the relationship between grundy and chubb is somewhat confusing, depending on who you talk to . grundy is supposedly owned by chubb. however, my home insurance is with chubb and locally they knew nothing about grundy. go figure. chubb locally was going to do a rating review of grundy for me as i was increasing my umbrella liability at the same time. they were surprised when i told them that they (chubb) owned them, which the agent said 'can't be' . my agent called back later and said 'yep', very sheepishly.

i have 3 cars with grundy , including my spf.

my applications read : "Grundy Worldwide , underwritten by the Chubb Group of Insurance Companies. Make checks payable to Grundy"...then my acceptance letter and policies came from grundy which said " coverage is bound effective (date) under policy # x,y,z issued through Pacific Indemnity Company".

not sure what all that means, all I know is i have coverage and that is good enough for me.

some folks tell me that grundy does not return calls or emails and that they can't get cobra replica coverage. everytime i called them i got right thru to them via phone. i never tried their online quote system. others tell me they got their cobra replica covered thru grundy when others were saying can't be done . go figure . is the difference the state, the rep you talk to , personal driving records, age or whatever..???.. dunno...i guess i will find out if there are any surprises when my renewal comes up in july . bill

[ERA 626]

www.americancollectors.com
1800-360-2277
I made a mistake in the previous post it is $393 per year.
$70,000 agreed value

[Bill Kesner]

John,

I went with Haggerty. Have your friend get quotes. My daily driver is with USAA, which is directly related to American Collectors. Haggerty gave me the best quote, with an agreed value, and replacement cost. Just make sure he has several digital photos of the GT350 to forward in after he settles with his choice.

- Bill -