For classic car owners in Canada, finding the right auto insurance is crucial. Classic cars not only represent a significant investment but also carry sentimental value. Therefore, it’s essential to choose an insurance provider that understands the unique needs of classic car enthusiasts. Here, we’ll explore the best auto insurance companies for classic car owners in Canada, highlighting their standout features and benefits.
1. Hagerty Insurance
Hagerty is renowned for its specialization in classic and collector vehicles. They offer agreed value coverage, ensuring that in the event of a total loss, your car is insured for its full appraised value. Additionally, Hagerty provides various discounts for car clubs and safe driving history, making it an appealing option for classic car enthusiasts.
2. Johnson Insurance
Johnson Insurance offers tailored policies for classic car owners, providing options like usage-based insurance to reduce costs for vehicles that are not driven regularly. Their flexible payment plans and coverage options make them a solid choice for those looking to protect their classic cars without breaking the bank.
3. Aviva
Aviva is another reputable company that offers specialized classic car insurance. They provide comprehensive coverage, including coverage for spare parts and accessories. Their customer service is highly rated, with multiple channels available for support, which adds peace of mind for classic car owners.
4. PEC Insurance
PEC Insurance is a niche provider that focuses solely on classic and antique cars. They understand the unique market and offer customized policies that cater to various types of classic vehicles. Known for their competitive premiums and personalized service, PEC is highly regarded among classic car owners in Canada.
5. The Co-operators
The Co-operators offers classic car insurance that encompasses a wide range of vehicles, including antiques and modified cars. Their policies include coverage for restoration work and spare parts, which are essential for those investing time and money into their classic vehicles. With their extensive network of local agents, customers can easily access advice and support.
6. Economical Insurance
Economical Insurance provides tailored coverage options for classic cars, from liability to comprehensive coverage. They emphasize flexibility, allowing owners to adjust their policies according to how often they drive their cars. This adaptability makes them a popular choice among those who showcase their vehicles at events or shows.
7. Ascendant Insurance
Ascendant Insurance is a relatively new player in the classic car insurance market, but they are quickly gaining recognition. Their focus on personalized service and customer engagement ensures that classic car owners have the right policy for their unique needs. Ascendant also provides coverage for vehicle modifications, which can be a significant plus for many classic car enthusiasts.
8. Intact Insurance
Intact Insurance offers a classic car insurance policy that stands out for its comprehensive coverage options. They provide an excellent level of protection, including coverage for theft, fire, and accidents. Their extensive claims process is designed to be straightforward, ensuring that classic car owners can get back on the road as soon as possible if mishaps occur.
In conclusion, classic car owners in Canada have a variety of excellent auto insurance options to consider. From specialized providers like Hagerty and PEC Insurance to established companies like Aviva and Intact, it’s essential to assess coverage options, pricing, and customer service when selecting a policy. By choosing the right insurance provider, classic car enthusiasts can protect their prized possessions and enjoy their vehicles with peace of mind.
