If you're a classic car owner in the USA, finding the right auto insurance is crucial to protecting your prized possession. Classic cars require specialized coverage, and not all insurance companies offer the same level of care and understanding. This article delves into some of the best auto insurance companies tailored for classic car owners, ensuring you can hit the road with confidence.
1. Hagerty
Hagerty is widely recognized as a leader in classic car insurance. They offer customizable policies that are designed specifically for classic car enthusiasts. Their coverage includes agreed value policies, meaning the car is insured for a predetermined value that you set, providing peace of mind in case of a total loss. Hagerty also offers roadside assistance tailored for classic cars, including flatbed towing.
2. Grundy
Grundy specializes in collector and vintage automobiles, providing insurance solutions that resonate with classic car owners. Their policies are designed to cover a wide array of classic vehicles, including cars that aren’t driven daily. One of the standout features of Grundy is their "no appraisal required" option for cars valued under a certain amount, making it easier to secure coverage without the hassle.
3. State Farm
State Farm is a well-known insurer that also provides classic car insurance through its Classic Car program. They offer flexible coverage options that allow owners to select their own agreed value for the vehicle. Additionally, with a solid financial reputation and extensive agent network, State Farm provides the reliability that many classic car owners look for.
4. American Collectors Insurance
American Collectors Insurance is another excellent choice for classic car owners. They provide tailored coverage for various types of collector vehicles and offer flexible payment plans. Their policies include coverage for parts and accessories, which is a significant advantage for classic car enthusiasts who often invest in specialty parts.
5. Foremost
Foremost is part of the Farmers Insurance group and specializes in insuring various types of collector vehicles. Their policies are customizable, allowing you to choose coverage types that suit your needs, such as liability, collision, and comprehensive coverage. Foremost also provides a unique feature known as 'agreed value' coverage, which helps assure classic car owners they’ll receive the value they expect in the event of a loss.
6. USAA
If you're a military member, veteran, or their family, USAA offers classic car insurance with competitive rates and excellent customer service. They provide agreed value coverage, and their policies have few restrictions on mileage, making them a great option for classic car owners who enjoy driving their vehicles regularly.
7. Nationwide
Nationwide’s classic car insurance team has a deep understanding of the peculiar needs of classic car collectors. Their policies are customizable, covering everything from restoration costs to loss of use. With a solid claims process and reliable customer service, Nationwide is a trustworthy option for those insuring classic vehicles.
To choose the best auto insurance company for your classic car, consider factors such as coverage options, customer service, premium costs, and the specific needs of your vehicle. It’s advisable to compare multiple quotes and read customer reviews before making your decision. By ensuring you have the right insurance coverage, you can enjoy your classic vehicle without worry and preserve its value for years to come.
