Hagerty provides specialty insurance for more classic cars than anyone else in the world. Because they only cover classic vehicles that are treated as collectibles, Hagerty’s rates are typically much lower than California Auto Insurance companies who provide insurance for modern, daily-use vehicles. They specialize in collector and classic car insurance, customizing a policy to the unique needs of collector vehicle owners and offering better coverage than a standard auto policy. Unlike conventional coverage, their Guaranteed Value policy ensures that you receive every cent of your car’s insured value in the event of a covered total loss.
Hagerty understands the collector car market and the importance of insuring your car for its true value. They are also knowledgeable on how to handle claims on damages to your classic cars. They have a parts specialist on staff whose only job is tracking down the perfect replacement part.
Does your vehicle qualify for classic car insurance? It depends on:
Usage: Hagerty provides coverage for collector vehicles that are used on a limited basis — e.g. club functions, exhibitions, organized meets, tours and limited pleasure driving.
Storage: Collector vehicles must be stored in an enclosed and secure structure when not in use. Qualifying storage locations include private residential garages, private pole buildings or barns and rental storage units.
Driver eligibility and driving history: Generally, one or two minor traffic violations or accidents are acceptable. We are not able to offer coverage to drivers with a serious infraction within the past 5 years, such as an alcohol-related offense, reckless driving or an excessive speeding violations. All household driving records are subject to review by an underwriter.
Regular-use vehicles: All household members with a valid driver’s license must have a regular-use vehicle for daily driving. Motorcycles and public transportation are not considered regular use vehicles for our program. Applicants must also maintain regular-use California auto insurance in his or her own name.
Vehicle types that may qualify:
• Antique & classic vehicles
• Newer vehicles: limited production, exotic & special interest
• Modified vehicles: street rods, replicas, lowriders & tuners
• Trucks & other utility vehicles
• Retired commercial vehicles: fire trucks & other commercial vehicles
• Motorcycles & scooters
• Motorsports: pro-street & any raced vehicles
• Vehicles under restoration
• Military Vehicles
Contact your Tower Insurance Associates agent to inquire about Hagerty Classic Car Insurance for your collectible.