Escort Insurance | Ford Escort Owners Association (FEOA)

Escort Insurance

Discussion in 'General Discussion' started by JamesGarfield, Jul 13, 2019.

  1. JamesGarfield

    JamesGarfield FEOA Donator

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    OK, so we FEOA folks proudly own and fix up and drive our Escorts. We're running cars that are in the general neighborhood of a quarter century old, and which frequently have accumulated nearly a quarter million miles or more. We've bought these cars for a few hundred, or several hundred, or even for free.

    With this being the case, my experience has been that our good friends in the insurance industry generally consider most of our Escorts (especially Gens 1 and 2) to be virtually worthless from an insurance replacement or repair standpoint.

    I think you know what I'm talking about-- I've got coverage with State Farm, and they've been pretty good to me over the decades. But they were kinda balking when I asked about full coverage on my 95 LX wagon. The agent said I'd be paying more in yearly premiums 'than the car is worth' (their words, and I hate when they say that).

    As a result, I'm running with basic liability coverage on the Escort. So if some bozo swings wide around a corner and smashes my wagon, I'm screwed. And it could happen just like that.

    So, I wanted to ask here, what kind of insurance do y'all have on your Escorts? I'm guessing Gen 3 cars might still be worth enough for full coverage (?). And just basic liability for the rest of us?

    I've asked around about that 'Classic' or 'Collector Car' insrance, for which our Escorts could often qualify for by age. But they usually don't want the car to be a daily driver, and they often insist that it be garaged.

    Your opinions, thoughts??
  2. zzyzzx

    zzyzzx FEOA Member

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    Liability only. As per your insurance person, the annual premium for full coverage is too expensive relative to the paltry payout that they would potentially give you.

    Right now I use Erie, and they have annual policies.
    Last edited: Jul 14, 2019
  3. rbailin

    rbailin FEOA Member

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    Liability plus comprehensive ($250 ded.) with full glass coverage, (no collision) which adds only about $12 to my 6-month State Farm policy. Glass coverage has no deductible and is otherwise expensive to repair/replace. Comprehensive in case of animal strikes or theft (ha!). If someone smashes into my car, their insurance covers it in for the full value of the car (my 2000 was still book valued at just under $1800 last year). Any damage over $1300 or so would total the car.
  4. denisond3

    denisond3 Moderator Staff Member

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    I think anything beyond a cracked tail-lamp lens would result in my car being considered totalled, by the insurance company winkies. So to hell with them.

    I jusr carry the state minimum liability on my cars. And if one of them gets bent, I have the tow truck driver take to my property, then I refuse to let the adjuster on my land.

    What it is worth to me is relevant. What they think its worth is not.
  5. austin86

    austin86 FEOA Member

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    I have full coverage on my 88 exp with agreed upon value at 3k. They had no clue that it was worth and so we settled on 3k. It was about 10$ more a month for full coverage, so why not go for it? I pay about 200$ a year on it.
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  6. Pizzaman5000

    Pizzaman5000 FEOA Donator

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    I would ask about "stated value" insurance. My family had it on a few 70-80's cars we had restored.
    It was VERY cheap. Each car had new paint and all were in excellent condition.
    For a corvair (before they were commonly worth 20k+) it booked at 3k back then.

    I found a company for my 91 who offered stated value insurance. I believe it was dairyland.

    I was EXTREMELY lucky as a teen when I hit a deer with my freshly painted Saab. Fortunately we had so many "stated value" cars, the first words out my agents mouth were "is it as nice as your dad's cars?"
    He scheduled me for an appraisal at a body shop to look at my wrecked car; to verify that it was nice OTHER than the deer damage.
    They gave me something like 8-9k when clean retail was about 5-6k.

    I think dairlyland insurance was the last company to offer me stated value for my 91 wagon. It's a little fuzzy, because my 91 hasn't been registered in 8 months and I'm forgetting who gave me my last quote.
    My family has always used state farm.
    Last edited: Jul 15, 2019
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  7. zzyzzx

    zzyzzx FEOA Member

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    Escorts are considered totalled when the gas tank is empty.
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