Insurance coverage for the GTA help please!!

[HKF]

After agreeing to a purchase of a 91 NSX, I found out from my insurance company (Belairdirect) that they don't insure cars greater than 15 years old. Mad calls to Intact, State Farm, and Aviva ranges from $1850/yr (Aviva) to $3000/yr for full coverage, including collisions. TD Monnex hasn't returned my call.

I'm a bit shocked at these premiums as I have a pristine record and currently pay only $1400/yr on my 997, which is roughly worth 2x the NSX.

Hagerty is only $700/yr but they say I can't drive the NSX to work, which I find not doable.

Can someone in the GTA give me contacts for possible better pricing? Or is $1850 /yr reasonable for midtown Toronto for the NSX?

Oh, I can't move my existing insurance from Belairdirect as I just recently renewed my auto and home insurance with them and cancellation penalty is 10 percent of premium. #@$?!!

Thanks!

 

[ProOnThaSnow]

https://www.facebook.com/gredfern?fref=ts

Friend from another Forum who sells insurance in the toronto area. Try giving him a call.

Grant Redfern - +1 647-297-0690

Just tell him Kory from Montana told you to call him. Hopefully he can make it happen for you!

 

[Bram]

I use Personel insurance.

Bram

 

[MetalSpikeRacing]

https://www.facebook.com/gredfern?fref=ts

Friend from another Forum who sells insurance in the toronto area. Try giving him a call.

Grant Redfern - +1 647-297-0690

Just tell him Kory from Montana told you to call him. Hopefully he can make it happen for you!

grant is awesome

 

[HKF]

Grant was very helpful but ultimately, could not match my lowest quote. Thanks to those who responded.

 

[ProOnThaSnow]

I'm sure you're well aware that the lowest quote isn't always the best option - you have to compare coverage from company to company. Granted, I used Progressive prior and when switching from them to Farm Bureau (also who my homeowner's is through), I ended up getting about 6 times the coverage and consequentially it ended up being almost $350 cheaper every 6 mos. To match the same coverage as Progressive, it would have been almost $600 cheaper every 6 mos.

Sorry Grant couldn't make it happen for ya though. I can assure you, knowing him, he would be there 24/7 for you if you were to ever need anything. Hopefully you find what works for you soon!

Also, since my NSX is a '92, I actually have it under "Classic/Collector car coverage". The total cost for my NSX alone is $353 every 6 mos, fully covered with a declared value of $35K (I could have gone as high as $44K). The only stipulation is I cannot put more than 7500 miles/yr on it. Not something I would do anyway... oh, and they had to take pictures of it inside/out prior to insuring it - and come to think of it they never took one of the odometer.