How many times have you been nagged to thin down your fleet? I will be the first to admit I don’t need another car, but the insurance payments are not the problem. Hurricane Season is upon us in the “Sunshine State”. This means my daily driver might face horizontal lumber and flooded streets. Power loss and mosquitoes are annoying, but worrying about your car should not be an issue.
That’s why Grundy Insurance has been underwriting collections big and small for nearly 80 years. James Grundy, Sr. opened an insurance business after returning WWII, and he was keen to protect the collection of his Father-In-Law. After a few rounds of negotiation, they agreed on one policy for all cars. The beauty is in the agreed value coverage amount of each vehicle, along with benefits that other insurance companies can’t, or won’t offer.
In the event of a total loss, Grundy is able to offer up to 150% of the agreed value to lessen the heartache. This coverage keeps your vehicle insured for increased market valuations at no additional charge and your vehicle valuation will never decrease.
One of the worst parts of owning a collector car is diminution of value. When a low-mileage car is stolen and driven for hours, the odometer hits like a ton of bricks. Your car’s value can also be affected by new paint, aftermarket replacement parts, or changing even small details from their original condition. Grundy is the only insurance agency that was started by collectors, and that is why they cover even minor value diminution events.
Maximum liability and uninsured motorist coverage can be had for your collection, and it all comes down to your custom premium. You didn’t get where you are without being able to negotiate, “The Art Of The Deal” is fun, and that is how Grundy keeps customers for the long term. As the market for each make and model ebbs and flows, Grundy allows you to update the agreed value and premiums to stay relevant in our ever-changing world. Click the button below to learn more, and you will realize what you’ve been missing out on.
