Hi,


I have some questions in reference to Classic Car insurance.
What type of coverage should I get once I purchase the car?
It will be a driver and most likely be garage kept but not driving daily.
Maybe 500 miles a year maybe a little more.


Is there a "classic" car insurance I should get or just contact my existing car insurance company?


If you have a website I should go to let me know.
I appreciate all the information in advance.


Thank you,
Guy

 

I contacted my insurance company, American Family, and they beat everyone by quite a bit but I did have to get my car appraised.

 

Whats your definition of a driver? To include taking it to work?

 

Google search JC Taylor

 

I just had a claim with Hagerty and I couldn't be happier.

 

I went with my regular insurance co. Farmers. Quite reasonable. It can't be driven to work and does have a mielage limit, though I'll never drive it that much.

 

Grundy is another choce, that's whom I insure through


some classic car policies restrict mileage at least to some extent but Grundy does not appear to do so - a typical condition of coverage is that you don't use the vehicle for school or work travel but you're not limited solely to vehicle-event and service-related travel.


I.e. roadtrips, beach and ice cream runs, etc. are all fair game!

 

I have Hagerty on my Olds and USAA full-coverage on my truck. The nice thing about Hagerty or Grundy is that you can get an "agreed upon value." If my truck were totaled I doubt I would get much more than $2k on it while I have my Olds over-insured for $12k.

 

hagerty as well .my normal carrier( state farm) couldnt beat thier price ,and i always had to call and put it in suspension in the fall then unsuspend it in the spring .it was a hassle.i also liked the agreed upon value with hagerty

 

I'm a Grundy guy (two cars) and could not be happier. All the above is true and they have helped me get through a claim with no problems. Great prices also... Tedd

 

Have Haggerty, one thing that classic car insurance is that the car be in a garage.

 

Most classic car insurance companies use an Agreed value policy to cover your car. The major every day car insurance companies, ie State Farm, Farmers, Allstate, etc... use a Stated value policy. You need to understand the difference. Read this link:

https://www.lelandwest.com/stated-va...-insurance.cfm

 

a car to drive on weekends not every day commute.

 

I have State Farm for my daily drivers, Grundy on my Corvette Stingray and Hagerty on my Olds. I have never had a claim (knock on wood) and I pitted both Hagerty and Grundy against each other recently when my Corvette insurance came up. Grundy beat them by a Franklin, but couldn't do any better than Hagerty's price on the Olds. Go figure.

 

I have been a long time customer with J.C. Taylor... I currently have six vehicles insured with them... Vehicles must be garaged...

 

from grundys website

How Can I Use My Car?

Grundy wants you to enjoy your car, not keep track of mileage like some programs with limitations. Therefore, we give you unlimited miles for pleasure driving and in collector car-oriented activities. It is even OK if occasionally you drive your collector car to work to show it off to friends. However, your collector car must not be used as a daily driver. We require you and all licensed drivers in your household to have a modern car for everyday use.

When you have your car at home, it must be kept in an enclosed, secure garage when not in use. If you are away from home on extended outings your car is fully protected if you must park it outside, for example in a hotel parking lot. Grundy coverage includes Trip Interruption that reimburses you for hotel and repair costs in the event of a breakdown, and we also reimburse you for towing and labor charges up to $250. You can count on Grundy as you cruise.

I dont have grundy but am considering them for this reason alone...i like to drive the car and i have taken it to work 5-6 times this year on nice days

to be fair my commute is reasonably pleasant 28 miles of mostly secondary highway 40-50 mph... iwould be less inclined to take it if it was 4 lanes of gridlocked interstate

 

I used mine as a daily for a few years. At the time, I got it to pass inspection and registered it as a normal car, not a classic. Then I just threw it on my Geico insurance policy with comprehensive - it was actually cheaper to insure than my Honda, believe it or not. Maybe that's just because it's a C body though.

 

Change this to "WILL be kept in a LOCKED garage," or you probably won't get a classic car insurance company to issue a policy. All collector car insurance companies require that it not be used as a daily driver, even if, like Hagerty, they do allow you to drive it to work once in a while, and they will make you show them that you have another car that IS a daily driver.

But I have yet to see one of these companies insure a car whose storage parking space is anything other than a locked garage.

 

Some companies allow for a carport or pole barn.

 

These are two different things. A pole barn IS an enclosed structure, presumably lockable, and would be fine.

A pole barn.







A carport is just an awning and provides no security at all.




I doubt a collector car insurance company would say that a carport is acceptable as a storage location. The only thing it provides protection from is sun and rain.

 

A pole barn can be open in the front and closed on three sides with stalls in between. Come to Texas I'll show you a few.