Hagerty

Hagerty started in 1984 insuring wooden boats out of a basement in Traverse City and wrote its first classic car policy in 1991. Collector vehicles are the whole business, and the difference shows up in the parts of a policy that matter when something happens: every adjuster has hands-on restoration experience, there are in-house parts specialists whose job is finding the piece your car needs, and you pick how and where the car is repaired. They will even pay you to do the work yourself.

The policy is built for a car that is not a daily driver. Guaranteed Value® means you and Hagerty agree on the number up front and a covered total loss pays that number, not a depreciated one. Usage is flexible rather than a mileage cage, so shows, drives, and club events are covered. Every policy includes thirty days of coverage up to $50,000 on a car you just bought, $750 for spare parts, and up to $10,000 in medical payments if someone is hurt at a show. Policies are issued by Essentia Insurance Company, which is owned by Markel and writes for Hagerty only.