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just saw this on a different website

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  • Clem Z.
    Expired
    • January 1, 2006
    • 9427

    just saw this on a different website

    Grundy's collector car business was bought by Philadephia Indemity last Thursday. Phila was the insurance carrier for Grundy.
  • John H.
    Beyond Control Poster
    • December 1, 1997
    • 16513

    #2
    Re: just saw this on a different website

    Originally posted by Clem Zahrobsky (45134)
    Grundy's collector car business was bought by Philadephia Indemity last Thursday. Phila was the insurance carrier for Grundy.
    Maybe Jim decided to cash out and retire.

    Comment

    • Kenneth H.
      Expired
      • October 27, 2008
      • 500

      #3
      Re: just saw this on a different website

      I just went to their site and I saw a news item that said that there was a "non compete" in effect. I called Grundy and was told that they can no longer place classic car insurance unless it's combined with some other product that Grundy offers.

      I've been insured with Grundy for 4 years and my insurance card always showed "Philadelphia Indemnity" as the carrier. When I asked about my renewal, I was told that Grundy would not be renewing my insurance next June, but that Philadelphia Indemnity will be contacting me directly for the renewal.

      Thanks.

      Comment

      • Robert K.
        Very Frequent User
        • July 31, 1984
        • 213

        #4
        Re: just saw this on a different website

        Glad I didn't go with them. I was tempted a few years back listening to him on My Classic Car about "No restrictions etc.". I called and the agent told me all about the restrictions, so I hung up. Near as I could tell what he said on TV was NOT in fact accurate. Shame.

        Comment

        • Doug F.
          Very Frequent User
          • November 1, 1983
          • 322

          #5
          Re: just saw this on a different website

          I've had Grundy for years, always easy to get ahold of someone, nice folks to deal with, when I had a hail claim last year , they couldn't have been nicer, paid a fair settlement, as far as i know the only limitation on the policy was that they wanted the cars parked inside and no drivers under 25, seemed fair to me, I'm gonna miss them, but i would imagine Philadelphia, will continue the great service i've become accustomed to, Grundy was much easier to spell though when i wrote the check once a year.

          Comment

          • Kevin N.
            Expired
            • September 30, 2002
            • 88

            #6
            Re: just saw this on a different website

            i used grundy a few years back. one day they sent me a new form to fill out. they said it was just to update their files. it asked what my daily driver was. at the time i was using a 1986 el camino for construction. they refused my application that they sent me even though i was already insured by them. they said my daily driver was too old for my everyday car and it would probably break down so i would have to use my corvette for work. policy cancelled. i now use the corvette museum's classic car insurance. works out just great. i ask...is there a better place in which to insure your classic corvette than the museum which is right accross the street from which they are now built?

            Comment

            • Terry D.
              Extremely Frequent Poster
              • May 31, 1987
              • 2690

              #7
              Re: just saw this on a different website

              Just got back from the Good Guys show in Charlotte. Talked to a Grundy rep there and he claims nothing will change with PI taking over Grundy insurance, so who are ya suppose to believe? Seems kind of dumb to buy a collector car insurance company and then not insure those cars. What would they make their money on?
              Terry

              Comment

              • Philip P.
                Expired
                • February 28, 2011
                • 558

                #8
                Re: just saw this on a different website

                Just saw a commercial for Grundy. Seems they are still in business have a program called MPV will insure everything and anything..There is probably more to this story.

                Comment

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