Best Collector #CAR INSURANCE
The best classic car insurance is designed to address valuation in a way that provides better coverage by using an agreed value or guaranteed value to determine the coverage amount. To find the best classic car insurance, we reviewed the top providers based on affordability, customer support, coverage options, customer satisfaction scores, and online resources. The providers that made our list offer excellent policies, fair prices, and discount opportunities.
The best classic and collector car insurance companies. The companies in this field are a bit different from the companies in the traditional car insurance market. If you are new to insuring a classic car, the companies may seem unfamiliar. We went through all of the major ones and highlighted the most important factors that help in deciding which is the insurer to best fit your needs.
Best Classic Car Insurance. Most of the companies we review here cover classics, collectibles, antiques, modified cars, hot rods, classic motorcycles, and more. We based our reviews on several factors, including company strength, reputation, level of coverage, additional benefits, and more. Best Specialty Classic Car Insurance: Hagerty If you want to go with an insurance provider that embraces the importance and value of a collectible vehicle, Hagerty is hard to beat.
Hagerty Insurance Agency. Based in Traverse City, Michigan, Hagerty Insurance was established around forty years ago as a general insurer. Aware of the growing need for specialized coverage, Hagerty began writing agreed value policies on classic wooden boats in 1983 and classic cars in 1991. Since that time, Hagerty has become a leader in classic and antique vehicle protection.
The best collector car insurance lets you enjoy your ride the way you want. That's why with Progressive Classic Car insurance by Hagerty, you have the freedom to take your ride to collector vehicle club functions, exhibitions, tours, and even occasional pleasure driving. Compare classic car insurance quotes for your car and find the best deal for you. If your car is over 15 years old you may need a specialist policy, these classic auto insurance providers could help you get covered and on the road today.
Insurance for Classic Cars Grundy has specialized in protecting classic cars since 1947!! Specifically designed for collector vehicles, Grundy insurance saves you at least 50% of the cost of regular car insurance while delivering better protection! With Grundy Agreed Value Insurance you get 100% of your car’s value in the event of a total loss.
Vintage and classic car insurance policies tend to be similar to comprehensive car insurance policies, and typically offer benefits and conditions particularly tailored for vintage vehicles. If you only use your vintage car on occasion, particularly for car shows, then a number of larger car insurance companies offer comprehensive insurance.
American Modern Classic Car Insurance is known as one of the most inclusive policies out there. Its classic auto and collector car insurance policies cover the following types of vehicles: Muscle cars; Classic cars; Antique autos; Exotic vehicles; Street rods; Cobra replicas; Race cars; Classic motorcycles; Retired military vehicles. Collector or classic car insurance usually requires that you mainly use the car for special events, such as a car show, plus a few days of driving per month. Common yearly mileage restrictions are 3,000 and 6,000 miles.
Benefits of classic car insurance. Classic car insurance is a lot like comprehensive car insurance, but with some special benefits and conditions that make it perfect for vintage vehicles. A policy with a specialty classic car insurer typically offers benefits including: Agreed value. Market value is generally not a good choice for vintage vehicles. Agreed value will help determine your car’s actual worth and any claims payments will reflect it.
If you own a classic car like a 1965 Ford Mustang or a 1955 Chevrolet Cameo, you’re probably going to want classic car insurance. Traditional auto insurance policies are generally insufficient for classic vehicles. That’s because classic cars often rise in value over time, while regular cars depreciate. Collector car insurance is all about the “agreed value”. We offer an agreed value total loss settlement. Before the policy activates, you as the car’s owner, the agent, and our underwriters agree on the car’s value and insure it for that amount.
Claims: If you were to have a claim you can take your car to the repair shop of your choice. You know who will do the best job on your prized possession! Lower Cost: Our collector car insurance or classic car insurance will often be cheaper than your standard auto insurance companies. Plus, with the Agreed Value coverage, you know you’ll be fairly compensated.
Collector car insurance reviews. Our dedication to the classic car hobby helps us stand out among car insurance providers—and our clients can't help but tell the story. Submit a review. What our clients say: Get insurance that works for you Let's talk about your classic. Get a quick quote online or talk to us. You know what’s best for your classic car under the hood, but what about the best classic car insurance? Whether it’s a muscle car, hot rod or a fully restored 1960s van, Nationwide has partnered with Hagerty to keep you covered with collector car insurance designed for the unique needs of classic car collectors.
The best classic auto insurance plans are specially designed for collector or classic cars that typically aren’t the owner’s primary vehicle. Because classic cars spend less time on the road, they’re usually cheaper to insure, but policies may have stricter mileage restrictions and other rules you’ll need to follow to help prevent your prized possession from being damaged.
