Collector Car registration...pretty simple

[NightRydaSS]

Originally Posted by WildBillyT

No, you won't get anything for money you put into the car. If you get an agreed value policy they will pay out that amount, otherwise they will pay out like it's stock.

i thought was the whole point of "agreed value". You and the INS company agree on the value of the car (say $20K), and if something happens to that car, you get the agreed upon $20K, right?

Originally Posted by BonzoHansen

Remember what I said, they can deny a claim based on false information. And if you lie on an app, that is technically insurance fraud, which is now falls under the criminal statutes in NJ. Fraud is one of the big things that drives up our premiums.

These type of companies get very few claims, so I am confident they properly investigate all claims. If you have a claim for an event at the place you claim to garage it and they see no garage, good luck.

tru, i never thought of it like that.

[Teds89IROC]

I have collector registration on the iroc, had it inspected last november and being that the sticker that was on the car was a year overdue, I have to go back to inspection in one year rather then two. Being that I'm 22 I can't get collector insurance but the car is insured under Geico as a pleasure vehicle.

So let me get this straight....when I went to inspection they took the voucher and kept it. So now when it's time to go back, I need to first go to DMV, pay a renewal for a new voucher card, which allows me to go through collector inspection again, go to inspection and they take/keep that voucher card? Then everytime my inspection is up I repeat this process?

[WildBillyT]

Originally Posted by Teds89IROC

So let me get this straight....when I went to inspection they took the voucher and kept it. So now when it's time to go back, I need to first go to DMV, pay a renewal for a new voucher card, which allows me to go through collector inspection again, go to inspection and they take/keep that voucher card? Then everytime my inspection is up I repeat this process?

Ted:

That is my understanding of the process and is exactly what I did last year.

[V]

The guy at the Inspection station gave me a sheet of paper, he said i'd need that in 2 years when i need the inspection redone, i havent looked at it

[WildBillyT]

Originally Posted by NightRydaSS

i thought was the whole point of "agreed value". You and the INS company agree on the value of the car (say $20K), and if something happens to that car, you get the agreed upon $20K, right?
tru, i never thought of it like that.

Yes, you get the agreed value in that case. Make sure it's agreed value and not stated value (I think that's the term).

Just to state the obvious though, remember that it has to be agreed value. Just because you think it's worth 20k doesn't mean the ins. company will.

[NightRydaSS]

Ahhh....now that makes sense. thanks

[Jclt12003]

ok guys this is the set up i have with collector car registration and my insurance. I just got my collector car voucher Friday morning. First of all i have hagerty insurance they insured my car under my dads name i'm not 21. They asked for all the driver liscens in my house and made sure no one had any points. They asked me to take 3 or 4 pictures of the car and e-mail them to them. They then asked me the agreed value of the car i said 18k with the amount of money i put into it and the things i (knew) i was doing. They said that was fine and gave me a quote at $368 a year. I have had hagerty for 2 or 3 years now can't remember. They never really asked any Q's about anything else on the car.
Now for the collector car reg. i just went there paid the 25 dollar fee and filled out the card and handed it back in. They then gave me what looked like a reg. card and told me to keep it with my regular reg and that it did not replace my regular reg. This week sometime i have to run to the inspection station and get the triangle sticker I just hope they don't have any kind of noise restriction as my car is now pretty loud with long tubes ORY and my magnaflow catback. I'll give it a shot prolly tuesday before the ledgewood cruise night.


Jason

PS any Q's just ask me and i'll try to answer to the best of my knowledge.

[Blackbirdws6]

noise won't be of issue. All they are doing is checking the miles and that the odometer works.

[Savage_Messiah]

I'm still waiting on a definite answer about the penalty for going over the milage..

[EchoMirage]

i dont have a definete answer, but i would guess youd lose your collector reg., and have to go back to regular reg. perhaps pay a fine?

just to make sure.......you can only get collectors reg. when your current inspection is up, right? or can you go earlier and get it done?

[Jared1970Chevelle]

what does pleasure vehicle consist of? i have regular insurance on my camaro now.... when i switch it to pleasure what is different other then huge price savings?..... once i have pleasure insurance i can go get the triangle sticker being my inspection is due in a month?