I have regular insurance with a big name company. Drove my 1964 Vista Cruiser less than 500 miles in the past 2 years. Is there a good classic car policy thats cheaper than my regular insurance? Car is garaged. Nice shape. I have no accidents. But the cost is as high as my daily driver than I put 12000 miles a year one. Suggestions?

 

Any of the antique/Classic car insurers would be less expensive than a regular car policy. What you want is an Agreed Value Policy.

 

I've been with JC Taylor since the early 90s
I have a friend who got rear-ended hard 6-7 years ago in his pristine 55 Chevy. JC let him choose the shop to do the repair. The car has a house of colors paint job with fantom flames.
JC said if the shop can't match the paint they would allow them to do a complete paint job.
Body guy was excellent. I challenge anyone to find evidence of the collision.
Hats off to JC Taylor.

 

I have American Collectors through my USAA policy. It's a great option if you're a veteran.

 

I have JCTaylor insurance on my antique vehicles (3). I have had only one claim in the many years I have been insured with them, beside one tow claim. Both were handled in a way other insurance company's should be using as a model. My repair claim was approved within two days, at the shop of my choice. To me, they are the to go to insurance company for older cars that are not daily drivers.

 

I'm with American Collectors, no claims, over 10 years. You've already met one of their guidelines by having a (locked) garage for the car.

 

Be aware that insurance companies base premiums on risk - they are not in business to lose money. Any reduced cost antique auto policy will come with storage and use restrictions that limit the company's risk of having to pay a claim. Obviously dramatically reduced annual mileage is one way to reduce the chances of having an accident. I've had good luck with American Collectors, including the payment of two claims when the car was hit while legally parked. Of course, your bigger problem is that you've driven the car so little.

 

I have six vehicles insured with JCTAYLOR...

 

You don't have to be a veteran to have American Collectors. I have had two or three towing claims paid, fortunately I have not had to use it for anything else. Hagerty is probably the largest and very reputable but They always seem to be a little higher than American Collectors.

 

No complaints with Hagerty, but I haven't really shopped around in the past decade.

One claim for a tow, no issues and it was a flatbed, not necessarily always the case as I understand it.

I pay about $170/yr for $12k valuation on a 69 Cutlass S convertible. Probably should look at bumping that up a bit - it's a work in progress.

I think they limit to 1 or 2 thousand miles per year which is inline with my states requirements for running historical plates.

 

Another piece of advice is to reassess insurance annually. Most people are underinsured.

 

A third piece of advice is to realize insurance agents are bad people and the best they ever get is "ok." I think they are bad people because it is a horrible thing to do to kick someone when they are down and not pay out the amount they should. Most people think their insurance is grand until they have a claim.

I cussed out a USAA agent when he tried to argue with me about putting an aftermarket piece of **** bumper on my truck after I got hit. He asked me how I was more qualified than him to talk about OEM vs aftermarket bumpers. Although I took a little wind out of his sails with my professionally qualified opinion as a Toyota engineer working in chassis assembly, I STILL could only get aftermarket part price out of him. This is USAA, a supposedly premium insurance company.

In other words, save some money because insurance will only, at best, get you 75% of the way to whole again.