I have some of my antiques insured with JC Taylor and some with Hagarty. Hagarty takes things like a 1985 International truck tractor that I am restoring. I would prefer to have liability only because a claim would cause all of my insurance to sky rocket. That includes my commercial insurance that costs me well over $100,000 a year already. I don't carry physical damage on any of my commercial trucks or trailers for the simple reason I don't want any claims filed. Underwriters determine whether to take a risk and how much they think they can get away with charging. And people would be astounded if they knew what underwriters report to each other. And of course they look at age, driving record, marital status, claims filed and your credit score. In Texas commercial insurance as well as antique vehicle insurance is written by surplus lines. Surplus lines are not regulated by the Texas Department of Insurance. I have all of my personal vehicles, homeowners and farm and ranch liability with Farm Bureau. They are regulated by the TDI. Everything else I have insured is surplus lines and I am at the mercy of the underwriters. Keeping a stable full of antique vehicles is not a cheap hobby.
