Post by notamini on Aug 24, 2021 19:15:31 GMT
This is a notice to anyone with Hagerty insurance.
They have not only decided to raise our insurance in the last 2 years by, for me, 15.5% but they are now charging a mandatory expense for what they call the Hagerty Value Analysis. They are demanding another $40 for this. (That is a 32% increase on top of my annual increase)
Here is what the HVA includes (quoted)
"The Hagerty Value Analysis is a servicing fee that not only gives you access to our expert valuation tools, eliminating the need for an appraisal, but also includes:
"Periodic reports of your vehicles value as it changes throughout the year, along with the model options and specifications.
"Fast, easy access to trending conversations that connect you with fellow auto enthusiasts
"Curated automotive content including the latest collector car valuation news and trends"
If you are like me and have absolutely no need for these items from my insurance company, that's tough because you still have to pay them for it. Personally, I think it is just a money grab. Maybe it is due to government regulations on pricing and this is their Go-around for it, I don't know.
I would invite others to call in their opinions on this.
They have not only decided to raise our insurance in the last 2 years by, for me, 15.5% but they are now charging a mandatory expense for what they call the Hagerty Value Analysis. They are demanding another $40 for this. (That is a 32% increase on top of my annual increase)
Here is what the HVA includes (quoted)
"The Hagerty Value Analysis is a servicing fee that not only gives you access to our expert valuation tools, eliminating the need for an appraisal, but also includes:
"Periodic reports of your vehicles value as it changes throughout the year, along with the model options and specifications.
"Fast, easy access to trending conversations that connect you with fellow auto enthusiasts
"Curated automotive content including the latest collector car valuation news and trends"
If you are like me and have absolutely no need for these items from my insurance company, that's tough because you still have to pay them for it. Personally, I think it is just a money grab. Maybe it is due to government regulations on pricing and this is their Go-around for it, I don't know.
I would invite others to call in their opinions on this.