Protecting classic vehicles requires specialized insurance. Several companies stand out when it comes to classic car insurance, each offering unique features, coverage options, and pricing. In this article, we’ll discuss about the top providers of car insurance for classic vehicles.

1. American Modern

American Modern is recognized for being flexible with occasional commuting, which is a rarity among classic car insurers. The company has a variety of mileage plans available, including one designed for those who commute occasionally, and they also offer a great spare parts coverage of up to $2,000.

To help you stay protected from underinsurance, American Modern offers an inflation guard and also provides coverage for cars that are being restored. Their policies also cover disaster relocation costs.

American Moderninsurance for classic car is available across the country, but it doesn’t provide online quotes. There are discounts available, particularly for those insuring large collections or bundling with Geico policies.

2. Leland-West

Leland-West really shines with its car insurance for classic vehicles which provides wide range of add-on coverages. This is the bestinsurance company for classic car. The company provides unlimited mileage with rollover for any unused miles, and its spare parts coverage goes up to $2,000.

Policyholders have the option to choose a zero deductible, and the agreed-value coverage includes an inflation guard. Leland-West offers a unique plan for track use and occasional commuting, plus reimbursement for relocation expenses in case of disasters.

The company operates in 46 states and Washington, D.C., though it’s not available in Alaska, Hawaii, Massachusetts, or North Carolina. Leland-West asks for a minimum of nine years of driving experience and has a bit fewer discount than some other options out there.

3. Chubb

Chubb is well-regarded car insurance for classic vehicles because of its dedication to using original equipment manufacturer (OEM) parts during repairs. OEM partshelpto maintain the authenticity and quality of the vehicle. No mileage limits apply for hobby or occasional use, and spare parts coverage goes up to $1,500.

Chubb offers total loss settlements without requiring a deductible and provides up to $500 per car for disaster relocation expenses. Chubb is available across the country, but it seems they don’t provide online quotes or a variety of discounts.

4. Hagerty

Hagerty is a perfectinsurance company for classic vehicles under restoration. It provides special coverage “vehicles under construction”that includes automatic value increases of 10% every quarter, up to $25,000 each year. Spare parts coverage is $750, and disaster evacuation coverage is available up to $1,500 per item, with a maximum limit of $10,000.

Hagerty provides a motorsports endorsement for race cars, allowing you to enjoy seasonal driving for up to five months each year. Hagerty offers online quotes and is available in every state.

Although its spare parts coverage isn’t as extensive as some competitors, it really shines in restoration and motorsports options.

Choosing the perfect car insurance for classic vehiclesreally comes down to how you use your car and the kind of coverage you’re looking for. Every company brings its own special perks, like flexible mileage plans, restoration coverage, discounts, and protection for spare parts.

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