If you are looking for antique auto insurance, then it is time to take a good look at your situation and decide what kind of coverage you want. Do you want collision coverage? Do you want uninsured motorist coverage? Does your current policy offer any of these things? Here’s how each antique auto insurance provider stacks up against the other ones.
Top picks for antique auto insurance companies. American Modern (GEICO) Hagerty (Proision) American Collectors (usa) statewide. If you happen to live in Minnesota and own more than one antique vehicle, American Modern and Hagerty make the best coverage packages ever for antique car owners. The problem with local car show policy holders is that they may not have as much coverage for your antique vehicle as you need. Many antique auto insurance companies also only cover vehicles owned by members of their company and/or family members. This eliminates your vehicle from the “local car show” protection.
American Collectors is another great option for antique auto insurance. Like American Modern, they also offer nationwide coverage for your antique vehicle, but you must choose between nationwide coverage and local coverage. What is nice about American Collectors is that they also offer discounts to members of their “professional member” clubs. Again, this cuts out the middleman and makes it a better deal for the consumer. Another plus with American Collectors is that they do not charge out-of-pocket fees like many of the other companies do.
Another great company for antique car insurance coverage is Grundy’s. They have local coverage in Minnesota, but only for vehicles that are registered within the state of Minnesota. This includes all types of vehicles, so whether your antique is from Montana or New York, they will still be covered. Like American Collectors, Grundy’s offers discounts to members of their “professional member” clubs. Also, Grundy provides excellent coverage for antique vehicles.
If you would like to find the best deal when it comes to your antique car insurance shopping needs, then you should trust pilot. The trust pilot program will provide you with a free quote for an antique vehicle, and they will even deliver the quote to your e-mails. This makes it easy to shop for car insurance shopping needs online. Trustpilot works with several different insurance shopping programs including A.M. Best and Company, Standard and Poor’s Insurance Rating Services, and Geico. This is just the beginning for the Trustpilot program, which has received great reviews by both consumers and insurance professionals.
As you begin your antique auto insurance shopping, make sure that you know the state limits on antique vehicle coverage as well as the total loss limit on your vehicle. This information is required for all states in order to determine what your vehicle is worth and how much insurance you will need to purchase and maintain the vehicle. You will also want to know what kind of coverage you need for liability as well as bodily injury. It may not seem like a lot, but these things add up and can cost you a lot of money if you do not have coverage.
Antique vehicle coverage comes in a variety of policies, and most insurers offer coverage that can be customized to fit your specific needs. Some will provide coverage for basic damage to the car; others will provide coverage for mechanical damage or even theft. The more comprehensive the policy you take out, the more you can expect to pay in the event of a total loss. However, there are plenty of insurers out there who only offer a few basic policies and don’t go into detail on the features that are in place. If this is the case, you may want to consider sticking with these less expensive plans.
When you are doing your antique auto insurance shopping online, look for a company that offers you both flexibility and a complete coverage plan. Not only should they provide you with an affordable payment plan, but they should also have full replacement value coverage as well as liability and bodily injury coverage. Some will even allow you to set a flat rate for your vehicle, which can be beneficial if you have an old car you want to insure as well. If you know the exact worth of your vehicle before you start your antique auto insurance shopping, it will be easier when you actually go to negotiate a price. Knowing exactly what you want for your insurance shopping can also help you negotiate a better price down the line.