Anyone heard of or use American Modern Insurance Group for their cars?

Hi all.
Did a search for American Modern Insurance Group and A.M.I.G. but no results. This is who Geico (the Cavemen people ) subs to for exotic/collector policies. What do you guys know about these folks? I've been shopping around for coverage for the TR that offers the flexibility of quarterly or even semi-annual premiums vs. the current annual fees I've been shelling out.
Please share your experiences or knowledge. Thanks.

 

bump

 

Thanks, FarmerDave. What's with B.Knight leaving? I've been way outta touch.

 

I ended up switching from Hagerty to AMIG. The difference in premiums was noteworthy. Yes, I know the key difference among insurers is in the payment of claims. Spoke to some friends in the collector car and insurance business. This is a reputable company, AM.Best rated A+.
I am sure more of you have heard of the parent Midland Company:
http://www.midlandcompany.com/phoenix.zhtml?c=80804&p=IROL-irhome
of which AMIG is the principal subsidiary.
I also did a Google "complaints against...." search and found this interesting link:
http://www.ins.state.ny.us/press/2008/p0801032.htm

They are endorsed by the muscle car folks at MECUM High Performance Auctions: www.mecumauction.com
as well as by Bloomington Gold Auto Auctions, America's original corvette show: www.bloomingtongold.com
I'm not a muscle car/vette fanatic so I had never heard of either.

Naturally, my rates are based on my age, driving record and driving habits, but I went from $1183 a year with Hagerty to $844.
Main differences are that:
1. premiums are now quarterly vs. yearly
2. deductible now zero vs. $1000
3. I do have a 3000 miles/year limit now vs. zero limits before; but I didn't need the built-in unlimited miles with Hagerty's higher premiums, since I only manage to squeeze out less than 2000 miles/year anyway. BTW, if I had decided that I would only drive her 1000 miles/year, the premiums would have dropped another @$200 (I didn't register the amount precisely since I had no interest in that little usage).

Within 24 hours after looking them over and getting rate quotes, I now have a policy.
Dear Rob and MODS, I have no commercial interest in these folks, nor am I expressing an endorsement. But since it appears that not too many here may have heard of them, I am merely sharing my own experience. I venture to guess that those of us with garage queens (hey, to each his own ) would rather not pay unnecessarily higher premiums for unlimited mileage, or that some of us would rather not cough up annual premiums if we don't have to. Perhaps they can become a SITE SPONSOR??

 

From their website:http://www.amig.com/products/collector-car.html

Collector Car Classifications
Antiques 25 model years and older
Classics 20-24 model years
Collectibles 15-19 model years
Exotic Cars Newer than 15 years, considered to be appreciating in value
Street Rods Made before 1949, mechanically and/or cosmetically altered
Customs Made since 1949, mechanically and/or cosmetically altered
Kit Cars Built from purchased packages, and assembled by an experienced professional, manufacturer, or dealer

Nothing here seems exclusionary to a vehicle >20 years old.

Addendum:
Yes, the restrictions on routine usage may seem limiting, but practically, and personally speaking, I wouldn't want to drive the car to work and leave it in the hospital parking lot or behind the office, or run to Home Depot to pick out cabinet fittings and leave it unattended.
As far as taking it to work once in a while, I am informed that I can if I realize my plan to add a fully enclosed garage. There are future plans to include options for more routine usage, but of course will require additional premiums.
Hagerty does allow me more freedom of usage, which I did not need; and included it in higher premiums which I could not extricate from the remainder of the coverage. To me, AMIG has services which best suit my individual needs.
Also need to add that I have "Agreed Value" coverage, which is something only @5% of companies (including Hagerty) will offer.

 

As far as I know and understand it, "Agreed Value" comes into play if the vehicle is a total loss. For fender bender stuff, one would file a claim or pay out of pocket.
A bit more here on the concept above. Many agents or even insurers will play with similar terms to confuse customers, but "Agreed Value" is an exact term not used unless specifically intended:
http://www.roughnotes.com/rnmagazine/2005/june05/06p124.htm