Hagerty Car Insurance for Collectors and Enthusiasts

Hagerty Car Insurance for Collectors and Enthusiasts is designed for those who own classic, collectible, or high-performance vehicles. Hagerty offers a range of insurance options to fit the unique needs of these vehicles.

Hagerty's insurance policies can be tailored to include coverage for restoration costs, which can be a significant expense for classic car owners. Hagerty's policies also offer a guaranteed value program, which ensures that your vehicle's value is protected, even if it's not fully restored.

Hagerty's Classic Car Insurance policies can be customized to fit your specific needs, with options such as agreed value coverage, which allows you to set the value of your vehicle. This ensures that you'll receive the agreed-upon value if your vehicle is stolen or totaled.

Hagerty's insurance policies also offer a range of discounts, including a discount for vehicles that are stored in a secure facility. This can be a great option for collectors who want to protect their vehicles while they're not in use.

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Hagerty Insurance has been in business since 1984.

The company specializes in providing clients with classic car insurance.

Hagerty's headquarters is located in Traverse City, Michigan.

The company offers insurance for antique, classic, and collector cars, as well as boat insurance.

Hagerty's owners are classic car enthusiasts who understand the value of antique and classic vehicles.

Hagerty reinvests heavily into the classic car community through historic vehicle, educational, and youth programs.

The company's policies in the United States are usually underwritten through Nationwide Mutual Insurance Company, Essential Insurance Company, or Nationwide Insurance Company of America.

All of these insurance partners have an excellent rating with A.M. Best.

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Hagerty's policy options are designed to provide you with the best possible protection for your classic car.

Guaranteed value coverage ensures that you'll receive the full value of your car in case of a total loss, without considering depreciation. Any deductible will be removed from the total amount you'll be paid.

Hagerty Plus offers additional benefits such as emergency roadside assistance, 24/7 fuel delivery, and tire changes. This coverage can be a lifesaver if you find yourself stranded on the side of the road.

In-house expert claims service is handled by Hagerty's qualified professionals, who will guide you through the claims process and ensure that you receive the compensation you deserve.

Auto show medical reimbursement covers up to $10,000 in medical payments if you or a family member is injured in a car show. This is a valuable benefit that can provide peace of mind.

Motorcycle safety equipment covers up to $1,000 for a wide range of gear, including jackets, helmets, and gloves. This coverage is a great way to protect your investment in motorcycle safety equipment.

Here are some of the policy options available to you:

Hagerty's coverage details are designed to cater to the unique needs of classic car owners. You can't use a classic car insured by Hagerty for daily driving, so every member of your family with a driver's license must have a vehicle they can use for everyday purposes.

If you have a classic car with Hagerty's insurance policy, it must be kept in a garage or a residential storage unit. This is a non-negotiable requirement to ensure the car's safety and value.

High-risk drivers with a history of DUIs, excessive speeding, or erratic driving are not eligible for Hagerty auto insurance. This is a clear policy to protect both the driver and the insurance company.

Here are some key details of Hagerty's coverage:

If you're considering Hagerty Auto Insurance for your classic or vintage vehicle, you'll want to know the average annual premium for different types of vehicles.

The 1970 Chevrolet C10 Pickup has an average annual premium of $420.

The 1974 Alfa Romeo Spider, valued at $17,000 and with 32k miles, has an average annual premium of $261.

The 1977 Mercedes-Benz 280SL, with 87k miles and valued at $12,000, has an average annual premium of $275.

The 1999 BMW M Coupe, with 26k miles and valued at $33,000, has an average annual premium of $574.

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The 1957 Chevrolet Bel Air Sport Coupe has an average annual premium of $456.

The 1966 MG MGB, with 87k miles and valued at $17,000, has an average annual premium of $188.

The 1966 Ford Mustang Coupe, with 83k miles and valued at $17,900, has an average annual premium of $214.

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You can use your classic car for occasional pleasure drives, including tours and exhibitions, without worrying about daily mileage limitations.

Hagerty insurance policies don't allow for daily driving, so you'll need to have another vehicle for everyday use.

High-risk drivers with a history of DUIs, excessive speeding, or erratic driving are not eligible for Hagerty auto insurance.

You'll need to keep your classic car in a garage or residential storage unit to be eligible for coverage.

There are no fixed restrictions on pleasure use, as long as it's not your daily driver.

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Hagerty offers a range of coverage options, including Hagerty Insurance Coverage, which insures antique, vintage, and modified cars made in 1980 or later, and classic trucks and utility vehicles.

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Their coverage options are quite extensive, with Hagerty Auto Insurance by Vehicle Types offering average annual premiums ranging from $188 to $574, depending on the vehicle type.

You can also add on various coverage options, such as roadside coverage or roadside assistance, which can provide battery jumpstarts, tire installations, and more.

Some of the additional coverage options include rideshare insurance, sound system insurance, and rental reimbursement, which can help you get reimbursed for rental cars when your vehicle is under repair.

Here are some of the coverage options available with Hagerty:

Hagerty's Guaranteed Value policy is also worth noting, which includes an agreed value policy, spare parts coverage, Hagerty Drivers Club, and auto show medical reimbursement.

Hagerty insurance costs are 39% less expensive than regular car insurance policies. This is a significant advantage for collector car owners.

Monthly premiums start at $100, but prices vary by state due to several factors. Your location, for instance, plays a significant role in determining car insurance rates.

Your age is another factor that affects Hagerty insurance rates. The type of car you own also matters, as some classic cars are more expensive to insure than others.

Hagerty considers several factors when determining car insurance rates, including your location, the type of car you own, your age, the type of coverage you choose, and your deductible. These factors can significantly impact your premiums.

If you're a good driver, you'll be eligible for Hagerty's standard rates. However, if you have a speeding ticket, accident history, or DUI, you'll pay more.

Here's a breakdown of additional coverage options and their average annual costs:

These rates can give you an idea of what to expect from Hagerty insurance. Remember to consider your individual circumstances and choose the coverage that best suits your needs.

Hagerty's insurance policies are designed to work with their customers to come to an "agreed value" on their insurance policies. This can result in absurdly low premiums, as the editor-in-chief of Car Talk has experienced with their 1965 Allstate scooter.

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The agreed value is determined by the value you and Hagerty have agreed upon, which can vary depending on the vehicle's make, model, and condition. For example, a 1967 Corvette with a 427 engine and side exhaust would have a higher agreed value than a 1965 Allstate scooter.

If you have a vintage car and can live with the requirements from Hagerty, you would be out of your mind to insure your car with a traditional insurer. Hagerty treats its customers like valued customers, providing them with the same benefits as any other policyholder.

Here's a comparison of Hagerty's and Allstate's customer feedback:

Hagerty has received mixed reviews, but many vintage car owners have left excellent feedback.

I've been a Hagerty customer for over 15 years and I've never used any connections to get a sweetheart deal with my insurance coverage. I pay full freight, just like you would.

My premiums for my 1965 Allstate scooter are absurdly low because Hagerty works with its customers to come to an “agreed value” on their insurance policies. This agreed value is based on the vehicle's value, which can be lower for less valuable cars like mine.

Hagerty treats customers like valued customers, even if they have less expensive vehicles, and they provide the same benefits as insuring with them. I get all the same benefits of insuring with them, including coverage for my scooter.

If you have a vintage car and you can live with the requirements from Hagerty, you would be out of your mind to insure your car with a traditional insurer. Their coverage is perfect for the use I expected out of my cars.

Hagerty has received mixed reviews over the years, but it's quite popular among vintage car owners who leave excellent feedback. Some customers have reported a lack of communication from company representatives when they had to repair their car.

Allstate, too, has seen mixed reviews, with some customers praising their helpful customer service, while others have issues with cancelling policies and dealing with the claims process.

Hagerty, Inc. is a well-established company that offers protection for classic vehicles through its specialty insurance services.

Their headquarters is located in Traverse City, Michigan, and they've been in business since 1984, serving customers in the United States, Canada, Germany, and the United Kingdom.

Hagerty's CEO, McKeel Hagerty, is a key figure in the company's operations.

Hagerty's services are available in multiple countries, making them a global provider of classic vehicle insurance.

Hagerty and Allstate are two major players in the auto insurance market. Hagerty was founded in 1984.

One of the key differences between the two companies is their founding year. Hagerty was founded 53 years after Allstate, which was established in 1931.

Both Hagerty and Allstate are available in all 50 states. This means you can get a quote and purchase a policy from either company no matter where you live.

Here's a comparison of Hagerty and Allstate's ratings from reputable sources:

Hagerty has a significantly higher Trustpilot rating than Allstate, with 4.1 out of 5 stars compared to Allstate's 1.4 out of 5 stars.

Hagerty's pros and cons are worth considering when deciding on car insurance. Hagerty offers personalized coverage that's tailored to your specific needs.

One of the standout features of Hagerty is its attractive premiums, which can be lower than average rates. This can be a significant cost savings for car owners.

If your car gets totaled, Hagerty offers full reimbursement, which is a major plus. This can give you peace of mind knowing you'll be fully covered in the event of a loss.

However, Hagerty has some limitations to consider. Very few discounts are available, which may limit your ability to save even more on premiums.

Customer service may vary by state, which can be frustrating if you need help with a claim or policy question. You may need to navigate different contact channels or wait times.

It's worth noting that Hagerty doesn't offer high-risk coverage, which may not be suitable for drivers with a history of accidents or tickets. This can be a significant drawback for some car owners.

Here are the key pros and cons of Hagerty insurance in a nutshell: