antique car insurance
A classic auto requires specialty insurance to ensure you’re protected in the event of a collision
Classic car insurance differs from a standard auto policy in a few ways. In addition there are there certain eligibility requirements for classic cars, but there are also key differences in how an insurance agency pays out claims for these vehicles.
Classic car qualifications vary from company to company, making it hard to give an exact definition. Most auto insurers define a classic car as between 10 and 20 years old, and antique or vintage cars to be older.
in any case, some organizations consider vehicles 25 years or older to be classics as well. Other companies may give a date range for their vehicle coverage. For example, Hagerty covers vehicles model year 1979 and older.
Make sure to double-check what your insurance provider considers “classic” to ensure your vehicle’s eligibility.
Coverage options available for classic cars
Classic car insurance usually comes in a few standard coverage options, including:
- Bodily injury liability: Covers other drivers and their passengers if you are at fault for an accident
- Property damage liability: Covers other vehicles’ repairs if you are at fault for an accident
- Collision: Covers your classic car regardless of fault
- Comprehensive: Protects your car in the event of environmental damage, theft or vandalism
- Personal injury protection (PIP): Covers medical bills, lost wages and death benefits for you and your passengers, regardless of fault
- Medical payments (MedPay): Covers medical expenses for you and your passengers
- Uninsured/underinsured motorist: Protects you if you’re in a collision with a driver with too little coverage or no coverage at all
Many classic car insurance providers offer additional coverage options like spare parts coverage, which can help cover the cost of replacement parts. Others offer trip reimbursement coverage and coverage for restoration work.
Agreed value coverage is also available. This protection ensures that you receive the agreed-upon value of your classic car regardless of the vehicle’s current market value. Some insurers may provide auto show coverage as well, which covers you if a collision occurs while driving to an event.
If you’re buying classic auto insurance buy it from a company that specializes in insuring classic automobiles like us in Blake Insurance. While these policies will often have annual mileage limits since classic cars are not usually driven on a regular basis, the premiums are usually more than reasonable when compared to what you pay in premiums for insurance on your daily driver cars.
Also, make sure you compare rates from a variety of companies. Quotes on insurance for classic cars can vary drastically from one company to the next. This is because many companies do not specialize in classic cars so they don’t understand the insurance needs of the people who own them. Get online quotes from a number of top-rated insurance companies will enable you to see which ones cater to classic car owners and which ones do not.
When you do compare rates on classic auto insurance you may be surprised at just how affordable it is. The key is in getting a variety of quotes and choosing one from a reputable company that knows the ins and the outs of classic car insurance.
Owning a classic or collector car is truly a passion. You can spend weeks and even months trying to locate the perfect car, and then even longer restoring a vehicle to mint condition. After all of the labour of love that you have put into the car, you want to make sure your car is protected with the right insurance, but not every insurance company offers classic auto insurance. You really need to find an insurance company that offers insurance policies suitable for your unique classic auto needs, but this isn’t always easy.
If you have started shopping around for the right classic auto insurance coverage for your special vehicle, you will find that it’s not easy to find the perfect coverage you are looking for at an affordable price. This is what we at Blake Insurance group LLC are trying to solve,
Many people have a passion for American classic car insurance like antique cars, classic cars, street rods, custom cars, muscle cars, vintage racers, and more, but not everyone offers policies for these types of cars. We at Blake Insurance can help you find the protection you need for the vehicle you are so passionate about.
classic car insurance coverage
About Hagerty®
Over 30 years, Hagerty has grown to be the leading global provider of classic car and boat insurance, but they’re still just a family business built on a love for classics. Their passion drives them to keep improving their product and to give their clients the best service imaginable.
Why Hagerty®?
At Hagerty, they’re as passionate about classics as their clients are. Their deep knowledge of classic vehicles and their owners allows them to offer better coverage for less. They offer:
- Guaranteed Value™ coverage – They’ll agree with upfront on a fair value for your classic, and in the event of a covered total loss, you’ll receive that full amount, less any deductible or salvage value, if retained. Guaranteed.
- Flexible usage – Classic and collector cars were made to be driven. Whether you’re going to a show or taking a cruise to an ice cream shop, you are protected.
- Hagerty Plus® Roadside Service and Benefits – A comprehensive 24/7 full-service roadside assistance program specifically for collector cars. It offers service for lockouts, battery jumps, tire changes, emergency fuel delivery, and more. Includes guaranteed flatbed towing with soft straps.
- Expert claims handling – Their claims adjusters are trained in classic vehicle repair. In event of a claim, they offer stock original replacement parts and even have specialists on staff to hunt down rare and hard-to-find parts.
- Low premiums – Because they only protect classics, they’re able to offer insurance at rates considerably lower than daily driver insurance.
To make sure your classic is properly protected, contact blake insurance group LLC to learn more about a Hagerty policy.
What Hagerty Insures:
To make sure your classic is properly protected, contact Blake Insurance Group LLC to learn more about a Hagerty policy.
Guaranteed Value™
Heacock classic auto Insurance
Recognized nationally as a leader in the Collector Vehicle Insurance business in 48 states. founded in 1989, now offers Collector Vehicle Insurance across the country in 48 states. Heacock Classic Insurance is now recognized nationally as a leader in the Collector Vehicle Insurance business. Heacock Classic Insurance is here to provide you with personally tailored specialty insurance for your Antique, Classic, Collectible, or Exotic Collector Vehicles that are living the “Collector Vehicle Lifestyle.”
The company claims to have a finger on the pulse of the classic car market, and notes that it uses auctions and other data to help determine the actual value of a car.
Classic car insurance is helpful for certain vehicles, because their value and replacement costs may not align with an owner’s total investment. Specialized insurance allows the owner to cover their vehicle for an amount that accounts for the time, effort, and money that it takes to own an older vehicle. Though small, Heacock offers a range of coverage options for classic autos, including liability, medical payments, under/uninsured motorist, collision, agreed value, and more. The company also offers several discount and cost-reduction options, though its catalog is slimmer in that area than its competitors.
Heacock’s insurance products extend to race cars and muscle cars, so there are options for extremely specialized vehicles. That said, the company’s policy requirements and limitations could make it a real pain to get coverage for some customers. In its eligibility requirements, Heacock states that the car cannot be used for errand running or random drives, and notes that it must only be used for pleasure drives.
The car must show “pride of ownership,” and can only be driven by experienced drivers. You must also keep your car in a fully enclosed, locked, private garage when it’s not in use
American collectors insurance
They provide top-rated insurance for a wide variety of collectibles and collector’s items, including Agreed Value auto insurance for collector vehicles, classic cars, vintage cars, antique trucks and even classic motorcycles.
American Collectors Insurance is backed by 40+ years of expertise, protecting collectors nationwide. Since 1976, we’ve been sharing our passion and excitement for classic cars and collectibles with collectors across the nation. We make it easy to get a quote in minutes. Our underwriting process is simple and straightforward, and we provide the peace of mind serious collectors deserve with our policies
In order to be covered by an American Collectors Insurance plan, collector vehicles must be driven on a limited basis and not as a daily use vehicle, not used for racing or driver’s education, and kept in an enclosed or locked garage. The carrier offers customizable coverage for the following vehicles and collectibles.
- Classic and collector vehicles
- Custom cars and hotrods
- Collector trucks and SUVs
- Exotic and collector imports
- Classic motorcycles
- Collectibles (wine, stamps, cons, comic books, toys, sports memorabilia)
Collector vehicles are insured on an agreed value basis. This means that in the event of a total loss, you are covered for the agreed value with no depreciation minus your deductible amount. American Collectors Insurance offers a variety of other benefits and service features, including emergency roadside assistance, variable mileage plans, and more. Program features and availability may vary by state. An independent insurance agent can help you understand your options and secure the coverage you need.
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J.C. Taylor
Since the 1960s, J.C. Taylor has been America’s premier specialty insurance provider for classic cars, antique autos, modified, and custom vehicles
Taylor has been providing Agreed Value Coverage since the beginning of our program. The level of protection for your vehicle is based on a mutual agreement between you and J.C. Taylor, and a specialty auto policy is designed just for you. With over 50 years in the industry, that’s experience you can trust