Hagerty offers insurance for hundreds of thousands of collector vehicles used for limited pleasure driving, car shows and club events across the country. We offer full coverage for a huge variety of classic, stock, and safely-modified vehicles, including:
Antique & Classic Cars
Hagerty defines antique and classic vehicles in the broadest sense of the terms. Stock vehicles built from the turn of the century through 1969 are included.
Examples:
Horseless Carriages or Brass Cars: Pre-1915
Antique and Nickel Era Cars: Pre-1925
Classic Cars: 1925-1948
Muscle Cars
Muscle cars are typically 1960s and early 1970s two-door vehicles powered by large V-8 engines and built with special emphasis on performance. These vehicles are generally factory built by U.S. manufacturers.
Examples:
Pontiac GTO, Dodge Charger, Chevrolet Chevelle
Exotic & Special Interest
Rare or "limited production" vehicles, model years 1987 or newer, such as Ferraris, Lamborghinis, Dodge Vipers and Plymouth Prowlers, etc. may be eligible for our exotic and special interest vehicle program. Because these are newer vehicles, Hagerty must ensure that the vehicle is being treated as a collectible and driven on a limited basis.
Replicas (High Quality)
A replica car is a reproduction of an automaker’s manufactured vehicle. They can either be professionally assembled or home-built and because of this they will vary greatly in their level of quality. Hagerty does not offer insurance on inexpensive, home-built kit cars. Replica cars should duplicate vehicles that are no longer in production. Some examples are the 1950’s Porsche Speedster and 1920’s Mercedes Benz Roadster.
Fire Trucks & Commercial Vehicles
"Retired" commercial vehicles such as fire trucks, semi tractor/trailers, busses, dump trucks, and tow trucks are collectible. Since commercial vehicles are typically large and designed to transport passengers or goods, appropriate usage and garaging are underwriting concerns.
Street Rods & Custom Vehicles
The degree to which a vehicle has been modified determines both if it is acceptable for our program and the rate with which it will be quoted. We consider a vehicle to be modified when the performance has been significantly increased, the body/chassis/frame has been structurally altered or a custom paint job is valued above $10,000.
Lowriders
Lowriders are vehicles that have typically been modified with hydraulic or air bag suspension systems which enable them to be lowered within a fraction of an inch off the ground or possibly "bounced" so that the front end of the car comes completely off the ground. They are also typically customized to include elaborate "gold flake" paint jobs, intricate air brushed murals, wire wheels, custom rims, plush interiors, and expensive stereo systems. As a group, these are one of the fastest-growing segments of the collector car hobby, with many unique and creative examples of contemporary American car culture which truly exemplify "the car as art." Usage of these vehicles will be underwritten carefully.
Tractors
The hobby of collecting antique tractors is a small but very enthusiastic segment of the collector vehicle market. We will offer coverage on tractors that are not used for any type of farming or “tractor pulls.” To qualify, tractors must be 30 years old or older, restored or excellent original condition, and consistent with a collectible vehicle - no utility use, garaged, and a minimum value of $3,500.
Military Vehicles
Older military vehicles are becoming increasingly popular and are a growing segment of the collector vehicle hobby. We offer a program to cover military vehicles that are purchased as a collector vehicle. They must be 1974 or older (end of the Vietnam war), garaged and cannot be used for off-road usage or battle re-enactments. Also, the vehicle must be "de-militarized" (armaments removed or disabled).
Trailers
There are only two types of trailers that we offer coverage for: vehicle trailers and street rod trailers.
- Vehicle Trailers-these are trailers that are designed to carry a collector vehicle.
- Street Rod Trailers (Coca Cola Trailers)--Street Rod trailers are small trailers commonly pulled behind Street Rods and Customs. There are many types of trailers that we will refer to as Street Rod trailers. Typically, they are custom designed and painted to match a Street Rod, but others may look like a miniature old fashion Coca Cola cooler.
Modern Classics
It used to be said that any vehicle 25 years old or older was considered collectible. Today, however, this is not the case. Automakers' production numbers significantly increased in the 1970's and quality standards fell as many manufacturers rushed to bring vehicles to market. Because of this increase in production, we still see many 1970's and early 80's vehicles driven daily today that are not collectible. However, there are many vehicles from this time period that are collectible because of their desirable characteristics. Characteristics such as:
Convertibles
2-door sports cars (few 4-door sedans are collectible)
Unique body shapes
Foreign sports cars
Muscle cars
Big block V8 engines
Vehicles submitted to Hagerty from this time period should have one or more of these characteristics.
Trucks
Hagerty recognizes that trucks are gaining in popularity as collectible vehicles, especially older trucks up to the mid-1960's. Trucks shouldn't be used for utility-type purposes, such as hauling, trailering, and camping.
Motorcycles & Scooters
Hagerty recognizes that motorcycles are becoming increasingly more valuable and collectible. For our program, the market value of a collectible bike must be increasing and meet our minimum value limit. In general, Hagerty offers insurance on bikes from the late 1960s and older. However, we will consider bikes 1981 or older that are collectible.
Vehicles Under Active Restoration
Because the process of restoring a collector vehicle is a significant part of the hobby, we are happy to offer coverage on vehicles that are being “actively” restored. Our primary concern is with low-valued vehicles that never become fully restored. An applicant must demonstrate that the vehicle is being actively restored. Providing good photographs and restoration details will help verify an active restoration.
