Advertiser disclosure Choosing the right classic car insurance company is authoritative. There ’ mho a fortune that sets a collectible car apart from a daily driver and you want to know that your baby will be protected under the best classical car indemnity and covered for its full prize. You besides want to work with people who know classic cars, who can help reservoir parts, and who understand the unique situation of buy and owning a vintage cable car. We ’ ve researched the best car insurance providers on the marketplace today, and in this article, we ’ ve focused on the best classic car indemnity companies. Whether you have a 1963 Ford Thunderbird or a vintage Acura NSX, the right policy coverage matters. get down by getting matched with reputable classic car insurance companies available in your area. Fill out the shape below or call (844) 246-8209.

In this article:

What Is Classic Car Insurance?

classical car indemnity is specialized insurance that fully covers a authoritative car ’ s respect. Drivers and insurers decide on a coverage amount reflecting this actual cash value, but the amount can be adjusted if the car appreciates over time. classical car indemnity is often cheaper than standard car insurance because classic cars are often driven infrequently.

The Best Classic Car Insurance Companies

We looked at the best providers for authoritative car policy and these eight companies came out on top :

Coverage Est. Reputation Highest mileage plan Rising value Roadside Assistance Spare Parts
1. Grundy Insurance 1947 4.7 stars on Trustpilot Unlimited Up to 150% of agreed value Yes $500
2. Hagerty Insurance (Progressive*) 1984 4.5 stars on Trustpilot Unlimited Not specified Yes $750
3. State Farm Insurance 1922 2.4 stars on Trustpilot** Not specified Not specified Yes $500
4. American Collectors Insurance (USAA*) 1976 4.9 stars on Trustpilot 7,500 Up to 6% more  Yes $500
5. Heacock Auto Insurance
1922 4.9 stars on Trustpilot 6,000 Revaluations available Yes $2,000
6. American Modern Insurance (Geico*) 1965 Not available Unlimited Not specified Yes $2,000

*These standard policy providers partner to provide classic car insurance. **This Trustpilot sexual conquest is based on all of State Farm ‘s insurance reviews, not good those regarding authoritative cable car policy.

Grundy: Best For Cars Increasing In Value

Grundy classic car policy has great authoritative car indemnity review. In addition to having a 4.7 denounce on Trustpilot, Grundy is BBB accredited with an A+ rat. Grundy ’ randomness vintage car policy policy covers most vehicles at least 25 years previous, plus exotics and muscle cars of all model years. Grundy is region of Philadelphia Insurance Companies ( PHLY ), which is besides the insurance broker for its classic car policies. To file a claim, you have to go to the PHLY web site and fill out a form. A representative will contact you within 24 hours with the future steps. We think Grundy is the best choice if you have a car that is appreciating in value cursorily. The company can pay up to 150 percentage of your cars agreed upon value, and you can besides adjust the value sporadically. additionally, Grundy provides trip break up to $ 600, which is nice to have.

Hagerty: Best Expertise On Classic Cars

Hagerty car policy is another choice that stands out when looking at classic car policy review. It has an A+ rat from the BBB in addition to its 4.5 stars on Trustpilot. liberal car indemnity uses Hagerty to insure classical cars, so you ’ ll get the same policy and perks no matter which ship’s company you choose. Hagerty has specialists who can track down hard-to-find parts to repair your car. specifically, the Hagerty Carcierge can help you find substitute master equipment manufacturer ( OEM ), new honest-to-god stock ( NOS ), or like kind and quality ( LKQ ) parts. That ’ s crucial because the prize of your car depends on the authenticity of its parts. Another courteous thing about a Hagerty car insurance policy is that you have the option to buy your car back in the event of a total loss and rebuild it yourself. Speaking of repairs, with Hagerty, you can either have your car repaired at a patronize of your choice, or you can do the repairs yourself and claim the insurance benefits.

State Farm: Most Reliable Classic Car Insurance

state Farm car insurance is one of the few traditional insurers that besides covers collector vehicles on its own – it doesn ’ thymine collaborator with another company. That means you ’ ll talk to your own State Farm agent and alone deal with one company when you need serve. State Farm earned 4.5 out of 5 stars in our follow-up of the peak car indemnity companies in the market, and it ranked well in J.D. Power ’ sulfur 2020 U.S. Auto Claims Satisfaction StudySM.

express grow covers your collectible astir to the agreed-upon value to protect against disparagement, and it offers $ 500 in spare parts coverage. besides, the company has agents available 24/7, so you can always talk to a real person when you call in. Another perk up of using State Farm is that you can bundle your classical car policy with other policies, such as your regular car insurance policy or even a homeowners or life indemnity policy.

Does Your Car Qualify For Classic Car Insurance?

now, merely because you have an erstwhile car doesn ’ thymine mean it ‘s a classical. Below are a few general requirements that your car must meet to be insured by one of these providers. Keep in mind, the requirements can vary between providers.

  • Your car needs to be at least 10 to 20 years old. If it’s at least 25 years old, it may be considered an antique vehicle.
  • You can insure a new car as a classic if it is a historical reproduction model, hot rod, or an exotic car.
  • The car should have been restored or preserved, or you should be in the process of restoring it.
  • You can’t use your classic car for daily driving. 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.
  • Your car should spend its downtime in a garage, not on an open driveway.

Common Requirements For Drivers Of Classic Cars

You may besides need to meet some requirements as the driver to get a classical cable car policy policy. The main thing most companies want to see is that you have another fomite to use as your day by day driver, and you have that car insured. Likewise, if you have children or other family members living with you, each of them needs a regular-use vehicle and indemnity a well. classical car insurance companies besides like to see clean drive records for anyone who could drive the car. additionally, you may be required to have at least 10 years of driving experience or be at least 25 years old. Some classic car indemnity companies give out discounts for being a ripe driver. To compare rates for these classic car insurers, use this tool or call (844) 246-8209.

Classic Car Insurance Coverage Options

While coverages can vary between providers, here are the standard options that can come with a classical cable car indemnity policy :

  • Liability: Covers medical expenses for other drivers and damage to other cars when you cause an accident
  • Collision: Covers damage to your vehicle from an accident
  • Comprehensive car insurance: Covers damage to your vehicle from other events like floods or vandalism
  • Medical coverage: Medical payments (MedPay) and personal injury protection (PIP) cover your medical bills no matter who was at fault
  • Uninsured/underinsured motorist: Covers property damage and injury caused by someone without insurance (or without enough)

even though your authoritative car policy policy covers many of the lapp things that a standard policy does, your indemnity rates may be a lot lower. That ’ sulfur because you ’ ll normally drive the car a fortune less, which makes it less of a risk for indemnity carriers. To find the cheapest authoritative car indemnity, you should get quotes from multiple companies. besides, your classic or lavishness car can be much more valuable than the average daily driver. Because of that, coverage levels for classic car owners can be higher than coverage for regular drivers. For example, it ’ s not uncommon for a policy to cover $ 1 million in collision or indebtedness. That ’ mho effective to have because an accident during a parade or car show can cause a lot of wrong in a short circuit total of time.

Extras Perks To Look For With Classic Car Insurance

Owning a classical car is a alone position. That ’ s why most companies besides offer extra coverage options that go beyond the standard car insurance policy to offer peace of thinker.

  • Agreed value coverage: Collector car insurance companies will come to an agreement with you on the value of your car. You’ll be reimbursed for that full guaranteed value in the event of a covered total loss, instead of market value.
  • Rising value: Often, classic vehicles appreciate as time goes on. So, if your car is totaled, it may be worth more than the original agreed value amount. To account for this, many classic car insurance companies will allow the agreed upon value to grow with time. American Collectors calls this Inflation Guard, and it allows the value to increase up to 6 percent automatically. Grundy will even reimburse you up to 150 percent of the agreed upon value.
  • Regular use coverage: Most classic auto insurers place limits on your driving, but you can get away with extra driving from a few companies. For example, Hagerty and Grundy both allow unlimited miles per year, but those miles have to be used for occasional pleasure, auto shows, or car club events. It’s rare to find classic coverage that lets you use the car as a daily driver, but Safeco has an option to do this.
  • Coverage during restoration: Many classic car insurance companies also provide coverage when your car is being restored. If you’re doing the work, some companies provide coverage for your tools.
  • Spare parts coverage: Under this option, you can cover spare parts that are meant for your car. Some companies like Hagerty also cover automobilia like classic signs, tractor memorabilia, and vintage gas pumps.
  • Roadside assistance: Lots of companies offer roadside assistance, but it works differently with classic car insurance policies. Sure, it’s OK to tow a Toyota or other daily driver with a wheel-lift tow truck, but you don’t want to do that to your 1960 Porsche 356. Instead, most classic car roadside assistance programs either guarantee flatbed towing or allow you to request it.
  • No attendance clause: With this coverage option, you don’t have to be in or around your car for it to be protected. For example, if you take it to an auto show, it will still be protected while you go check out the other cars.
  • Auto show medical reimbursement: Some companies will reimburse you for medical costs you incur while driving to or from an auto show. For example, Hagerty will cover up to $10,000 in medical payments for resulting injuries.

Get A Quote

Whenever you shop for cable car policy, we recommend getting quotes from multiple providers so you can compare coverage and rates. In addition to the policy party you choose, factors such as your age, fomite have and model, and driving history can affect your premium, so what ’ mho best for your neighbor might not be best for you. Use our joyride below to start comparing personalized car insurance quotes. You can besides call our team at (844) 246-8209  for free quotes seven days a week.


In an attempt to provide accurate and indifferent information to consumers, our expert review team collects data from dozens of car insurance providers to formulate rankings of the best insurers. Companies receive a seduce in each of the play along categories, vitamin a well as an overall weighted score out of 5.0 stars.

  • Industry Standing: Insurers with strong financial ratings and customer-first business practices receive the highest scores in this category.
  • Availability: We consider availability by state as well as exclusions for specific groups of drivers.
  • Coverage: This rating is based on types of insurance available, maximum coverage limits, and add-on policies.
  • Cost and Discounts: Our research team reviews sample quotes for a variety of drivers in every state. Companies with lower prices and many car insurance discount opportunities receive the best scores.
  • Customer Service: We comb through customer reviews and consumer feedback studies from experts like J.D. Power.
  • Technology: Auto insurers with mobile apps, advanced online services and telematics are more likely to meet consumer needs.

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