Hagerty’s Insurance: The Ultimate Guide

Are you a classic car enthusiast, collector or owner? Do you want to protect your investment in a way that traditional insurance policies cannot offer? Look no further than Hagerty’s Insurance – the leading provider of classic and collector car insurance.

What is Hagerty’s Insurance?

Hagerty’s Insurance is a specialty insurance company that provides insurance coverage for classic and collector cars in the United States, Canada, and the United Kingdom. Founded in 1984, Hagerty’s Insurance has been dedicated to providing tailored insurance solutions for classic car owners for over three decades.

Unlike traditional car insurance policies, which are designed for everyday drivers, Hagerty’s Insurance policies are designed for classic and collector cars that are rarely driven and carefully preserved. These policies are designed to protect the unique value of classic and collector cars, which can differ significantly from the value of a modern car.

How Does Hagerty’s Insurance Differ from Traditional Car Insurance?

Hagerty’s Insurance differs from traditional car insurance in several key ways:

Types of Coverage Offered by Hagerty’s Insurance

Hagerty’s Insurance offers several types of coverage to meet the unique needs of classic and collector car owners:

Agreed Value Coverage

Agreed value coverage is the most common type of coverage offered by Hagerty’s Insurance. This coverage guarantees the car’s agreed-upon value in the event of a covered total loss. This means that if your car is damaged beyond repair, you will receive the full agreed-upon value of the car, without any depreciation.

Stated Value Coverage

Stated value coverage is another type of coverage offered by Hagerty’s Insurance. This coverage allows you to choose the car’s declared value, and in the event of a covered total loss, you will receive the stated value or the actual cash value, whichever is less.

Uninsured and Underinsured Motorist Coverage

Uninsured and underinsured motorist coverage is designed to protect you in the event that you are involved in an accident with a driver who has little or no insurance. This coverage will pay for damages and medical expenses that are not covered by the other driver’s insurance.

Restoration Coverage

Restoration coverage is designed to protect you during the restoration process. This coverage provides protection for the car and the spare parts used during the restoration process. This coverage is essential if you are restoring a classic or collector car and want to protect your investment.

Spare Parts and Accessory Coverage

Spare parts and accessory coverage is designed to provide protection for your spare parts and accessories. This coverage is beneficial if you have a collection of spare parts and accessories that are essential to the operation of your classic or collector car.

Why Choose Hagerty’s Insurance?

There are several reasons why you should choose Hagerty’s Insurance for your classic or collector car insurance:

Experience and Expertise

With over three decades of experience, Hagerty’s Insurance has become the leading provider of classic and collector car insurance. The company has a team of experts who understand the unique needs of classic and collector car owners and can tailor policies to meet those needs.

Tailored Policies

Hagerty’s Insurance policies are designed specifically for classic and collector cars, providing protection that traditional car insurance policies cannot offer. You can be confident that your investment is protected.

24/7 Claims Service

Hagerty’s Insurance offers 24/7 claims service, so you can report a claim whenever it happens. The company has a team of experts who can help you with the claims process and answer any questions you may have.

Discounts

Hagerty’s Insurance offers discounts for several different factors, including safe driving, storage options, and membership in approved car clubs.

FAQs

What is a Classic or Collector Car?

A classic or collector car is a vehicle that is at least 25 years old and is of historical or cultural significance. These cars are often rare, unique, and carefully preserved.

How Do I Determine the Value of My Classic or Collector Car?

The value of a classic or collector car can be challenging to determine. Hagerty’s Insurance can help you determine the value of your car by providing an appraisal or valuation. This value will be used to determine your insurance coverage.

Can I Use My Classic or Collector Car for Everyday Driving?

Hagerty’s Insurance policies are designed for limited pleasure driving and events. This means that you cannot use your classic or collector car for everyday driving. If you need coverage for a car that you use for everyday driving, you should consider a traditional car insurance policy.

What Happens if My Classic or Collector Car Is Stolen?

If your classic or collector car is stolen, you should report the theft to the police and then contact Hagerty’s Insurance to report the claim. The company will work with you to determine the value of the car and provide the appropriate coverage.

Can I Add Other Drivers to My Policy?

Yes, you can add other drivers to your policy, but they must meet certain requirements, such as having a valid driver’s license and a good driving record. Adding drivers to your policy may affect your premiums.

How Do I Get a Quote for Hagerty’s Insurance?

You can get a quote for Hagerty’s Insurance by visiting the company’s website or calling their customer service line. You will need to provide information about your car and your driving history to receive an accurate quote.

Final Thoughts

Hagerty’s Insurance is the top provider of classic and collector car insurance, providing tailored policies that protect your investment. With over three decades of experience and tailored coverage options, Hagerty’s Insurance is the best choice for classic and collector car owners. Contact Hagerty’s Insurance today to get a quote and protect your investment.