Although Ontario car insurance rates have gone down slightly the basic coverage is still a big-ticket item that hurts everyone’s budget. It is particularly painful to pay yearly rates on the order of $1,000 (without collision) for a car that may be worth 2-3K total. This used to be the case for my 1991 SPG around a year ago when I got to talk to one of our fellow Club members who owns 900 convertible of similar vintage.
Hagerty Insurance is an American Company that has been a long time supporter and sponsor of SAAB Owner’s Conventions in the US and I contacted their website about insuring my SPG since my friend with the convertible was already getting coverage from them. My projected rates produced by the automated website calculator were less than one third of what I was paying so I gave them a call and confirmed the estimate. One point of uncertainty was the $ value of my SPG. Hagerty has no posted tables for SAABs and I had to basically come up with a figure on my own. Since my SPG is in pretty good condition and has a relatively low kilometer reading for a 26 year old car I gave it a conservative $3,500CAN and the company agreed. SPGs are getting rare and 1991s (last year of production) are least common. There were only 254 1991 SPGs sold in the US, 40 of them in Talladega Red. There are only 20 1991 SPGs listed on the current registry at The SAAB Network, three in red. http://www.saabnet.com/tsn/faq/spgreg/
In fact Hagerty suggested a higher value, but I explained to them that although our SAABs are becoming collector items they are still relatively inexpensive and the demand is low. I should add that the company representatives answering the phones are all very polite and helpful. What’s even more amazing that in my experience there are no long waiting times at their telephone desk. What a difference between this company and some of the other “service” providers we have in Canada!
Encouraged by my initial experience I further inquired whether I could insure my 2000 Viggen in the same way. Indeed I could and the only reason I haven’t so far is that I use my Viggen for summer driving at approximately 6,000km per year. This turned out to be too much for granting me the amazingly low rates by Hagerty. I suspect lowering my yearly km to 3,000-4,000km will do the trick and I may revisit the matter next year. Why is Viggen eligible? It is due to the relatively low production numbers of 3,000 vehicles per model year. Certain versions of Viggens such as yellow 5-doors are exceedingly rare. So it appears you don’t need an antique car to insure with Hagerty. Instead you can insure your perfectly drivable, but still rare SAAB as long as you don’t plan on driving much more than a few thousand kilometers per year. This insurance may not be suitable for everybody but for some SAAB aficionados who own more than one vehicle Hagerty may provide an alternative.
Join us Sunday March 19th for a drive and visit to the Canadian Warplane Heritage Museum in Hamilton. It will be the last official day of winter and a great way to welcome spring. This event is for all Saab enthusiasts, club members and beyond. This is a family-friendly event.
The museum’s mission is to acquire and maintain a complete collection of aircraft that were flown by Canadians and the Canadian military from the beginning of World War II to the present, including related aviation artifacts and memorabilia of significant historic importance to this period. It is also the home of one of the only two airworthy Lancaster bombers in the world.
We will be meeting at the Tim Horton’s at 150 N Queen St, Etobicoke (in front of PetSmart, one minute West of eZone) at 10:00 AM. We’ll depart at 10:15 AM sharp, so please be a bit early! If this location is out of your way, you can also meet us at the Museum at 11:00 am. If it is not raining we’ll meet outside in the parking lot. The Museum is located at 9280 Airport Road in Mount Hope next to Hamilton International Airport. There is plenty of free parking.
The Club will pay the admission for all club members in good standing and their families and guests. Otherwise the cost is $10 (age 13+) or $8 (age 6-12).
To help us in our planning please complete the form below (or send an email to firstname.lastname@example.org) to let us know if you plan to attend and how many guests you are bringing. We hope to see you there!
We have completed the updates to our membership system. If you have been wanting to join the club or renew your existing membership for the past few weeks, you can now do so. You can join the club by clicking on “Join” and “Saab Club of Canada Membership” in the menu above. If you are an existing member, you can check the status of your membership by selecting “Join!/Saab Club of Canada Membership/Account Status.”
You will also notice that we updated the look and feel of the site, but the content is still here. Thanks for your patience and if you have any questions please contact us at email@example.com.
October 16 @ 11:00 am – 3:00 pm
Martin will be there with his Yellow Viggen and we hope to see other club members as well. This is also a charity event and Param asks us to bring some canned food for donations.
Contact Martin if you need more information: firstname.lastname@example.org