What makes a car a classic?
Fortunately, auto insurance companies have been protecting antique owners for years and appreciate their special needs. So, if you are looking to insure an antique automobile, all you have to do is find the best company. How do you do that? Specialized insurers are a great place to start.
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There are a number of large, reputable insurers out there that specialize in antique, classic and vintage autos. The following are three names that often come up when owners talk about antique car insurance companies:. Now owned and operated by Philadelphia Insurance Companies, Grundy Worldwide has been in the business of insuring classic and antique vehicles since the mids. Founded by James Grundy Sr. Grundy is the preferred insurance company of the Classic Car Club of America. 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 and classic cars in Let's explore. Highly specific to classic car insurance, this insurance covers you in the event someone injuries themselves at an exhibit or event where your car is featured.
Like auto show medical reimbursement, no attendance required coverage is specific to being at an auto show or exhibit. For instance, if your vehicle is being used in a demonstration at an event and is damaged, you would still have coverage. This provides coverage for any backup parts you may have if they are damaged or stolen for an agreed-upon value. Otherwise known as a multi-policy discount, a multi-line discount refers to having two kinds of insurance with one company. If you currently have a renters or homeowners policy, consider insuring your classic car with the same company.
This discount is pretty self-explanatory. So, try having your A-to-B car insured by the same insurance company as your classic car so you can be eligible for a multi-car discount. As your classic vehicle is pretty one-of-a-kind, not every insurance company will cover it. Here are some top contenders:. The process of getting your classic car insured can be a little different than trying to cover a typical vehicle.
A newer car has a 17 character Vehicle Identification Number VIN that you or your insurance company uses to rate the car for a policy, but a classic car won't always have one. You may need to shop around for a classic car insurance quote directly with an insurance agent. Call icon.
Call icon 1. Classic Car Insurance Protect your piece of history. What is classic car insurance? What are some additional coverage options?
Classic Car Insurance - Learn About Classic & Antique Auto Insurance - Murphy Insurance Agency
What are some ways I can get discounts on my insurance? This means that the mileage for specialty autos is often much lower than for a non-specialty car. Specialty auto insurance policies take this into consideration when establishing your rates. They also understand that standard safety measures may be missing and while a traditional auto insurance policy might penalize a driver for that, specially the auto insurance is tailored to that lack of safety devices.
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