Classic Cars Worth Millions Destroyed by Fire in Illinois

August 11, 2017

  • August 11, 2017 at 2:00 pm
    NC P&C Agent says:
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    Shame. There goes Hagerty’s loss ratio for the year.

  • August 14, 2017 at 7:48 am
    CL PM says:
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    Sad example of how poor attention to risk management will cost you. Millions of dollars of cars and no access to a water source? Amazing. The underwriter or loss control staff for whatever insurance company on this risk has some splaining to do, Lucy.

    • August 14, 2017 at 2:55 pm
      Agent says:
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      I haven’t seen any Classic Car/Antique car writer offer loss control assistance of any kind. Wonder how the owner of the handled his property insurance.

  • August 14, 2017 at 4:04 pm
    I love classic cars says:
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    Was it Hagerty’s coverage? I’m surprised they would be that loose with something valued so high – oh wait you said Hagerty. Never mind….

  • August 17, 2017 at 1:24 pm
    jtownagent says:
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    My largest risk with Hagerty has all of the cars stored in a single building…… all in a high hazard flood zone. No underwriting question about “what is the flood zone of the building where the cars are stored?” I can only assume that the Hagerty underwriting company has ample re-insurance and great geographic spread of risk. They are a great company do work with and do seem to understand this niche market.



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