Are you a classic car enthusiast looking for the best insurance policy for your vehicle? Look no further than Hagerty Car Insurance. Hagerty offers specialized insurance policies for classic, vintage, and collector cars, providing coverage that traditional auto insurance policies often don’t offer. In this comprehensive guide, we’ll look at everything you need to know about Hagerty Car Insurance and why it may be the best choice for your classic car.
What is Hagerty Car Insurance?
Hagerty is a specialized insurance company that provides coverage for classic, vintage, and collector cars. The company was founded in 1984 and has since become one of the largest providers of classic car insurance in the United States. Hagerty offers a wide range of insurance policies designed specifically for classic car owners, from basic liability coverage to comprehensive coverage that includes roadside assistance, spare parts coverage, and more.
If you own a classic car, chances are your vehicle is more than just a mode of transportation. Classic cars are often a piece of history, and as such, require specialized coverage that takes into account their unique value and significance. Hagerty understands this and provides policies that are tailored to meet the needs of classic car owners.
Why Choose Hagerty Car Insurance?
There are several reasons why Hagerty may be the best choice for your classic car insurance needs. Here are just a few:
- Specialized Coverage: Hagerty specializes in providing insurance policies for classic, vintage, and collector cars. This means their policies are tailored to meet the needs of classic car owners, with coverage that protects against the unique risks associated with owning a classic car.
- Flexible Coverage Options: Hagerty offers a range of coverage options, from basic liability coverage to comprehensive coverage that includes roadside assistance, spare parts coverage, and more. This allows you to choose the coverage that best fits your needs and budget.
- Agreed Value Coverage: Unlike traditional auto insurance policies, which often provide actual cash value coverage, Hagerty provides agreed value coverage. This means that you and Hagerty agree on the value of your vehicle at the time you purchase your policy, and that is the amount you will be paid in the event of a covered loss. This provides greater peace of mind and ensures that you are adequately compensated if something happens to your classic car.
- Expert Claims Handling: Hagerty has a team of claims specialists who are knowledgeable about classic cars and the unique challenges associated with insuring them. This means that if you need to file a claim, you can rest assured that Hagerty will handle it with expertise and professionalism.
- Extensive Network of Repair Shops: Hagerty has an extensive network of repair shops that specialize in working on classic cars. If you need repairs done to your vehicle, Hagerty can help connect you with a reputable shop in your area.
Types of Coverage Offered by Hagerty Car Insurance
Hagerty offers a range of coverage options for classic car owners. Here are a few of the types of coverage they offer:
Liability Coverage
Liability coverage is the most basic type of coverage and is required by law in most states. It provides protection against damages or injuries you may cause to others while driving your classic car. Hagerty’s liability coverage includes bodily injury and property damage liability, as well as uninsured and underinsured motorist coverage.
Agreed Value Coverage
Agreed value coverage is unique to Hagerty and provides greater peace of mind for classic car owners. With agreed value coverage, you and Hagerty agree on the value of your vehicle at the time you purchase your policy. If something happens to your vehicle and it is deemed a total loss, you will be paid the agreed upon value, rather than the actual cash value of the vehicle.
Collision Coverage
Collision coverage provides protection against damages to your vehicle in the event of an accident, regardless of fault. Hagerty’s collision coverage includes repairs or replacement of your vehicle up to the agreed value.
Comprehensive Coverage
Comprehensive coverage provides protection against damages to your vehicle that are not caused by a collision, such as theft, vandalism, or natural disasters. Hagerty’s comprehensive coverage includes repairs or replacement up to the agreed value.
Roadside Assistance
Hagerty’s roadside assistance coverage provides 24/7 emergency services, including towing, jump starts, lockout assistance, and more. This coverage is available for an additional fee.
Spare Parts Coverage
If you have spare parts for your classic car, Hagerty’s spare parts coverage can provide protection against loss or damage to those parts. This coverage is available for an additional fee.
Flexible Usage
Unlike many traditional auto insurance policies, which have restrictions on how you can use your vehicle, Hagerty’s policies offer flexible usage. This means you can use your classic car for pleasure driving, exhibitions, club activities, and more.
FAQ – Frequently Asked Questions About Hagerty Car Insurance
What types of vehicles are covered by Hagerty Car Insurance?
Hagerty provides coverage for a wide range of classic, vintage, and collector cars, as well as motorcycles, trucks, and boats. To be eligible for coverage, your vehicle must be in good condition and used primarily for pleasure driving, exhibitions, or club activities.
How is the value of my vehicle determined?
When you purchase your policy, you and Hagerty will agree on the value of your vehicle. This value is based on a variety of factors, including the age, make, model, and condition of your vehicle, as well as its rarity and historical significance. If your vehicle is deemed a total loss, you will be paid the agreed upon value, rather than the actual cash value.
Can I add drivers to my policy?
Yes, you can add additional drivers to your policy, provided they meet Hagerty’s eligibility requirements. Hagerty requires that all drivers on the policy have a clean driving record and be at least 25 years old.
What if I need to file a claim?
If you need to file a claim, you can contact Hagerty’s claims department by phone or online. Hagerty has a team of claims specialists who are knowledgeable about classic cars and the unique challenges associated with insuring them. They will work with you to process your claim as quickly and efficiently as possible.
Is Hagerty Car Insurance available in all states?
No, Hagerty Car Insurance is not available in all states. However, the company provides coverage in most states across the United States. To find out if Hagerty offers coverage in your state, visit their website or contact them directly.
Conclusion
If you own a classic, vintage, or collector car, it’s important to protect your investment with the right insurance coverage. Hagerty Car Insurance provides specialized policies designed specifically for classic car owners, with coverage that traditional auto insurance policies often don’t offer. With flexible coverage options, agreed value coverage, and expert claims handling, Hagerty may be the best choice for your classic car insurance needs.