Classic cars benefit from coverage tailored to how enthusiasts actually use and store them: not as daily drivers, typically garaged, and insured on an agreed (guaranteed) value basis rather than actual cash value. In 2025, the market is led by specialist carriers that focus on collector vehicles—names like Hagerty, Grundy, American Collectors Insurance, American Modern, and Chubb. Many big brands route their classic programs through these specialists (for example, Progressive partners with Hagerty), so it’s important to compare the underlying specialist as well as the front-end brand. An independent 2025 roundup features the same specialist names at the top, reflecting continuity with incremental product updates. Economic conditions also matter: industry auto insurance prices rose about 18.9% year over year in late 2024 (BLS CPI motor vehicle insurance), repair labor/parts inflation remains elevated (CCC Crash Course 2024), and collector values cooled in 2023 (classic car index down ~6%, Knight Frank)—all of which can influence classic-car premiums in 2025.
The Top 4 Classic Car Insurance Providers
Reviews.com analyzed agreed/guaranteed value terms, usage flexibility, collector-specific features (roadside/flatbed towing, spare parts, restoration and transport cover, salvage retention), and distribution model (direct specialist vs. mainstream brands that partner with specialists). We also considered how to verify current financial strength and consumer satisfaction signals. In 2025, direct specialists such as Hagerty, Grundy, American Collectors, American Modern, and Chubb are frequently recommended (independent 2025 roundup). If you prefer a mainstream carrier, compare the underlying specialist they use and verify financial strength at AM Best before you buy.
- Safeco: Best for mainstream-brand access to specialist collector coverage
- Geico: Best for digital access and easy quoting for collector policies
- State Farm: Best for local agents and traditional limited-use rules
- The Hartford: Best for specialized coverage delivered via a partner model
Compare Classic Car Insurance Companies
Your best fit depends on how you drive and store your vehicle and whether you prefer a direct specialist or a mainstream brand that partners with one. Always confirm agreed/guaranteed value language on total-loss payouts, permitted usage (hobby use with or without mileage tiers), and collector perks like roadside/flatbed towing, spare parts, and restoration coverage. Before relying on any ratings or scores, verify the underwriting entity’s current AM Best rating at ratings.ambest.com and use the latest J.D. Power study relevant to insurers and claims experience (see 2024 updates below). Note: industry-wide inflation in parts and labor (CCC) and elevated weather/theft risk (NOAA; NICB) can affect rates even for limited-use classics.
| AM Best AM Best rates insurance providers creditworthiness. Ratings are based on the provider’s ability to follow through with a payout when a consumer files a claim. | J.D. Power* J.D. Power scores are based on surveys for customer satisfaction and product quality. | ||
|---|---|---|---|
| Pin Safeco | A (verify) | See 2024 study | |
| Pin Geico | A++ (verify) | See 2024 study | |
| Pin State Farm | A++ (verify) | See 2024 study | |
| Pin The Hartford | A+ (verify) | See 2024 study |
*As of 2024, J.D. Power publishes multiple satisfaction studies on a 1,000-point scale; use the most recent report relevant to auto insurance/claims experience. See the latest press release: 2021 U.S. Auto Claims Satisfaction study. Verify current insurer ratings at the links provided in the study tables.
Best for Regular Use Coverage
WHY WE CHOSE IT
Why we chose it
Pros
- Access to agreed/guaranteed value collector coverage via specialist programs (verify contract language)
- Potential mileage flexibility depending on the underlying specialist (e.g., permissive hobby use vs. mileage tiers)
- Collector roadside options may be available through partner add-ons such as Hagerty Drivers Club
Cons
- Confirm current financial strength and underwriting entity at AM Best before purchase (ratings can change)
- J.D. Power satisfaction varies by study and year; consult the latest 2024 study rather than older scores
- Check your state’s NAIC complaint index for recent experience with the issuing company
OTHER POLICIES OFFERED
- Motorcycle
- Boat
- RV
- Home
Geico Best for Digital Services
WHY WE CHOSE IT
Why we chose it
Pros
- Large-brand digital experience with the potential to access specialist collector programs
- Agreed value and collector perks available when placed with a specialist (confirm on quote)
- Option sets from specialists can include restoration, spare parts, and roadside benefits
Cons
- Daily commuting is typically not allowed on collector policies; secure garaging is commonly required
- If placed with a specialist underwriter, local-agent access may be limited compared with standard auto
- Usage rules vary by specialist (permissive hobby use vs. mileage tiers); verify fit for your driving
OTHER POLICIES OFFERED
- Auto
- Home
- Renters
- Boat
Best for Local Agents
WHY WE CHOSE IT
Why we chose it
Pros
- Local agents available to help compare specialist vs. mainstream placement
- Antique and classic options with clear limited-use positioning (State Farm page)
- Can coordinate multiple policies for bundling and convenience
Cons
- Usage terms are typically conservative (not a daily driver; secure storage required)
- Specialist features like salvage-retention endorsements may require a partner program (e.g., ACI’s Cherished Salvage example)
- Check your state’s NAIC complaint index and verify the current AM Best rating before binding
OTHER POLICIES OFFERED
- Auto
- Home
- Renters
- Life
Best for Specialized Coverage
WHY WE CHOSE IT
Why we chose it
Pros
- Specialist-style features: agreed/guaranteed value, hobby-use flexibility, roadside/flatbed support
- Collector-friendly extras may include spare parts, restoration, and show/transport coverage
- Partnership model can simplify access to a well-known specialist ecosystem
Cons
- No daily-use coverage: collector policies are for pleasure use and events, not commuting
- Few local agents if the policy is ultimately serviced by a specialist underwriter
- Eligibility may be limited by affinity program requirements; verify your qualifications before quoting
OTHER POLICIES OFFERED
- Auto
- Homeowners
- Business
*Use the latest J.D. Power research when comparing satisfaction; 2024 studies report scores on a 1,000-point scale. Verify details via J.D. Power’s current press releases.
What Qualifies as a Classic Car for Insurance Providers?
Eligibility today focuses less on age alone and more on how the vehicle is used and stored. Specialists typically require that the car is not a daily driver, is kept in secure/enclosed storage, and that all household drivers have regular-use vehicles; good driving records and vehicle condition also matter (Insurance Information Institute). Many programs insure antiques and classics alongside modern collectibles (exotics, supercars, limited-production models) when used for pleasure driving and events (Hagerty; Chubb).
Usage rules vary by provider. Some offer permissive hobby use with no fixed mileage cap (still not for commuting), while others use mileage tiers (e.g., 2,500/5,000/7,500) to match how often you drive (Hagerty; American Collectors). Mainstream brands often describe coverage as limited-use and non-routine transportation (State Farm), and many route policies to specialists for collector-grade terms (Progressive by Hagerty).
Additionally, not every classic car qualifies for insurance coverage. Underwriting appetite varies by carrier and partner program. Below are examples of vehicle types commonly covered; always confirm your vehicle and usage with the insurer.
Safeco
- Classic cars
- Modified collector cars
- Reproductions
- Replicas
- Restorations
- Modern classic cars
- Antique cars
Geico
- Classic cars
- Antique cars
- Exotic cars
- Replicas
- Classic military vehicles
- Classic hearses
- Classic fire trucks
State Farm
- Classic cars
- Antique cars
The Hartford
- Classic cars
- Antique cars
- Classic trucks
- Antique tractors
- Classic military vehicles
- Exotic cars
- Supercars
- Modified cars
- Limited edition cars
Discounts and Savings For Classic Car Insurance
Classic policies are priced for limited use and secure storage, and many offer discounts for documentation of those controls. Common savings include multi-vehicle placement on one collector policy, garaged storage and anti-theft/security devices, limited-use or mileage-tier rating, and recognized club membership discounts. For examples, see American Collectors Insurance discounts and UK specialist guidance from Footman James. Beyond insurance, UK “historic” vehicles (generally 40+ years old) benefit from VED and MOT exemptions (DVLA) and are exempt from London’s ULEZ/LEZ and Congestion Charge (TfL). In the U.S., some states offer reduced-fee registrations or inspection/emissions exemptions for antique/historic/collector vehicles (e.g., New Jersey; Virginia).
- Anti-theft device
- Policy bundling
- Multi-vehicle
- Defensive driving course
To maximize savings in 2025, document secure garaging and any immobilizer/tracker installs, select an appropriate limited-mileage tier if offered, and consolidate vehicles with one specialist when possible (American Collectors). If you’re in the UK, consider laid-up (storage-only) cover during downtime (Footman James). Rates overall reflect industry trends like repair-cost inflation and severe weather losses (CCC; NOAA), so re-quote at renewal and compare agreed value, usage fit, and add-ons across at least two specialists.
Classic Car Insurance FAQs
Methodology
For this 2025 update, Reviews.com compared collector programs on agreed/guaranteed value language, usage flexibility (permissive hobby use vs. mileage tiers), storage/eligibility requirements, collector-specific features (roadside/flatbed towing, spare parts, restoration, salvage retention), distribution model (direct specialist vs. mainstream partner), and digital/agent access. We reviewed current product pages from Hagerty, Grundy, American Collectors, American Modern, and Chubb, plus partner-model examples like Progressive by Hagerty and mainstream guidance from State Farm. We cross-checked the provider landscape against an independent 2025 roundup. Financial strength should be verified at AM Best (ratings change over time). For satisfaction context, use the most recent J.D. Power studies (e.g., 2024 CSI Study) and match the study to the metric you’re citing. We also considered how economic trends (insurance inflation, repair costs, valuation shifts, catastrophe/theft) impact premiums using sources such as BLS CPI, CCC, Knight Frank, NOAA, and NICB.
