Classic car insurance is a unique vehicle protection because it is designed specifically for collectible, vintage, and specialty cars that are not used as daily drivers. This kind of insurance is super important for collectors who want to protect their investment and enjoy their vehicles with peace of mind. This article will discuss aboutseveral leading companies stand out in the classic car insurance industry.

1. American Modern

American Modern offers a wide variety of insurance for collectible vehicles, from classic cars to exotic ones, kit cars, replicas, and even military antiques. The company is recognized for its flexible policies that can be adjusted to fit different vehicle types and the owner’s preferences.

Although American Modern doesn’t provide specific sample rates, their premiums tend to be quite competitive. Plus, classic car insurance usually costs about 40% to 50% less than standard auto insurance, with annual expenses often ranging from$200 to $600 based on the vehicle and coverage chosen.

2. Heacock Classic

Heacock Classic is an insurance company that provides classic car insurance for restoration cars, exotic vehicles, and modern classics. This company is well-known for its customizable policies and deep understanding of the collector car market.

Heacock Classic also provides zero-dollar deductible options, nationwide roadside assistance with guaranteed flatbed towing, and automatic coverage up to $50,000 for newly acquired classics. Restoration coverage is included at no extra cost, and policyholders can use their preferred repair shop for claims.

3. Safeco

Safeco is a fantastic classic car insurance option for anyone who enjoys driving their classic cars more often. The company offers both regular-use coverage, allowing up to 10,000 miles per year, and restricted-use policies for those who drive less than 5,000 miles annually. This number really stands out compared to what many other companies provide.

Roadside and emergency assistance available as add-ons.Safeco offers rates that are usually quite competitive, with premiums generally ranging from $200 to $600 a year, based on the value and usage of the car.

4. J.C. Taylor

J.C. Taylor is along-established classic auto insurance companies and well-known for providing insurance for specialty vehicles like kit cars, military vehicles, and custom cars. The company’s simple eligibility requirements and customized policies are the reason why they become popular choice for classic car enthusiasts.

Annual premiums can be as low as $100 for certain vehicles, along with minimal fees for towing coverage. J.C. Taylor’s dedication to classic vehicles means that collectors get the specialized coverage and support they truly deserve.

5. Condon Skelly

Condon Skelly is the right choice when you’re looking for classic and collector car insurance. This company providing agreed value policies that truly represent the current market value of your cherished vehicle.

This is particularly important for those who own older vehicles that have gained value over time. Condon Skelly’s policies are usually more affordable than standard auto insurance.So, car owners have the chance to set aside more money for restoration and maintenance.

Getting classic car insurance is a great way to safeguard the value and heritage of those beloved collectible vehicles. Choosing the right insurance plan is crucial for classic cars owner in order to safeguard their investment and guarantee that their cherished vehicles are always protected.

Source:
1. https://www.cnbc.com/select/best-classic-car-insurance/
2. https://www.forbes.com/advisor/car-insurance/best-classic-car-insurance/