Car Enthusiast Posted December 11 Share Posted December 11 I got an email from my insurance (Hagerty) that they thought the agreed upon price for my MJ ('88, 180k miles) isn't enough based on what they thought it was worth. I have it at $10k, and they said it was valued at $10,500. Now if something happened to the truck, I could find a much better shape MJ than mine for 10k EASY. It might just be Hagerty trying to get more money out of me. Now to be honest I am definitely in the camp of "MJs aren't worth what people are asking for". I just thought it was interesting Link to comment Share on other sites More sharing options...
89 MJ Posted December 11 Share Posted December 11 Might be worth checking in to see how much more it would cost to bump up the insurance to where they want it. Better to have it over insured. Link to comment Share on other sites More sharing options...
Boilermaker Posted December 11 Share Posted December 11 2 minutes ago, 89 MJ said: Might be worth checking in to see how much more it would cost to bump up the insurance to where they want it. Better to have it over insured. This. We are switching to Hagerty because we can't get our current insurer to look beyond KBB value. Wouldn't take much damage to exceed our "agreed" value. Link to comment Share on other sites More sharing options...
Car Enthusiast Posted December 11 Author Share Posted December 11 My renewal is coming up so I MIGHT bump it up, but if the Comanche was totaled, I could definitely get a better one for 10k easy. Like it would be an super big upgrade! Link to comment Share on other sites More sharing options...
NHMJXJ Posted December 11 Share Posted December 11 @Car Enthusiast Did Hagerty send an appraiser out? When I looked into it, they were pretty rigid on requirements ... no mods, Sunday driver ... etc. Opted out, but I'm reconsidering because I know my insurance company won't give me what it's worth (to me). Link to comment Share on other sites More sharing options...
Car Enthusiast Posted December 11 Author Share Posted December 11 No, no appraiser came out. I told them what I wanted it insured at. The only thing that stood out in my mind was I couldn't drive either my Vette or MJ to work. I never drove either to work, but I am about to start a remote work job so hopefully I won't have to worry about that for a while. Link to comment Share on other sites More sharing options...
87MJTIM Posted December 11 Share Posted December 11 I called hagerty once about another car. I was told I had to garage store it and I could only drive it to and from car shows. They asked for pictures of it. Once they saw the pictures it was a NO. I didn’t like the restrictions and would have not gone with them. So, I am glad they turned me down. Link to comment Share on other sites More sharing options...
75sv1 Posted December 11 Share Posted December 11 Huh, I have my Bricklin insured by them. My understanding is I could not use it as a DD, and had to be stored in a locked garage. That I could drive it to work etc. but not every day. Also, could drive a night. I'll have to check on that. Things might have changed. Link to comment Share on other sites More sharing options...
ThatJeepGuy Posted December 12 Share Posted December 12 Years ago I had one of my jeeps black flagged by insurance and it was no longer insurable by a specific carrier. They claimed the vehicle was far too modified for legal street use... If I gave you a shot at guessing you may be surprised to hear they black flagged the black XJ. (33s and 3.5" lift) I argued with them for almost a month before I told my insurance agent to pull everything else (home and 3 other autos) and let's find another carrier. To this day I have changed ins carriers 2 times and am back with them and guess what they cover without issue - the orange MJ (ls swapped on 1 ton axles and 37" trepadors) in the first picture an my JK on 35s and 4" lift. Both in my opinion are far more imposing than the XJ ever was. ive never dealt with hagerty because none of my vehicles stay stock for long apparently but i also think there is a level of Who you talk to that can change the outcome. ? No ? for a final note i had my agent send an insurance inquiry to the problem ins carrier I mentioned above when we first signed back on with them with a few pictures and specifically mention "it's his adventure vehicle" They never got back to me Link to comment Share on other sites More sharing options...
GonzoTheGreat Posted December 13 Share Posted December 13 I think my insurance values my MJ at like $800. I would be thrilled if I got $10k in a crash, after spending way more than that on restoration, etc. That being said, I don’t pay a premium that would merit $10k in a crash. also, all this being said, just to say: “I like hagerty.” They gave me free swag once at a boat show because I had a full handlebar mustache. probably not enough to justify allegiance, but I put a lot of work into that mustache… Link to comment Share on other sites More sharing options...
fiatslug87 Posted December 13 Share Posted December 13 ^^^ Pictures or you never grew it! Link to comment Share on other sites More sharing options...
ghetdjc320 Posted December 13 Share Posted December 13 Value you it at what it would cost you to replace it along with your time and investment. The market just isn’t what it was even 5 years ago so a decent replacement will be costly. With insurance, that shouldn’t be your cost to bear. It’s nice to have a cash value that would make it easy to find another vs having to scour and haggle to find one. Link to comment Share on other sites More sharing options...
Salvagedcircuit Posted December 13 Share Posted December 13 13 hours ago, ghetdjc320 said: It’s nice to have a cash value that would make it easy to find another vs having to scour and haggle to find one. I think what he's trying to say...is the best form of insurance for a comanche is having another one. Hint Hint Link to comment Share on other sites More sharing options...
ghetdjc320 Posted December 13 Share Posted December 13 1 hour ago, Salvagedcircuit said: I think what he's trying to say...is the best form of insurance for a comanche is having another one. Hint Hint Definitely Link to comment Share on other sites More sharing options...
pizzaman09 Posted December 14 Share Posted December 14 I'm not big on paying insurance companies and never getting anything out of it. So I just self insure and over the years have come out way ahead compared to what I would have ever paid a company. That said, I live in an area with relatively little traffic but an overpopulation of deer and don't own any actually valuable vehicles. My MJ is probably my most valuable vehicle and it has 269k miles on it. Link to comment Share on other sites More sharing options...
ThatJeepGuy Posted December 15 Share Posted December 15 On 12/14/2024 at 9:10 AM, pizzaman09 said: My MJ is probably my most valuable vehicle and it has 269k miles on it. Pizzaman09 are you a pizza delivery boy that graduated in 09? Link to comment Share on other sites More sharing options...
pizzaman09 Posted December 15 Share Posted December 15 31 minutes ago, ThatJeepGuy said: Pizzaman09 are you a pizza delivery boy that graduated in 09? Lol, nope, never delivered pizza before but did graduate high school in 09. Pizzaman09 was my old screen name from playing Halo, just figured I'd keep using it. Link to comment Share on other sites More sharing options...
Salvagedcircuit Posted December 15 Share Posted December 15 1 hour ago, ThatJeepGuy said: Pizzaman09 are you a pizza delivery boy that graduated in 09? Nickintime delivered pizzas in his cherokee XJ before he got the Civic. This is the same dude that designed the Renix Engine Monitoring system. Big props to that guy. https://www.youtube.com/@NickInTimeFilms/videos Link to comment Share on other sites More sharing options...
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