When it comes to insuring classic cars in Canada, choosing the right auto insurance company is crucial. Classic cars often require specialized coverage due to their unique value and specifications. Here are some of the top auto insurance companies in Canada that offer excellent classic car coverage.
1. Hagerty
Hagerty is a well-known name in the classic car insurance market, providing tailored coverage specifically for vintage vehicles. Their policies often include features such as agreed value coverage, which ensures that collectors receive the full value of their classic cars in the event of a total loss. Hagerty also offers a range of discounts for car enthusiasts, making it an ideal choice for those who own multiple classic cars.
2. Aviva
Aviva is one of Canada's largest insurance providers and offers comprehensive classic car insurance options. Their policies can include coverage for restoration costs, spare parts, and even coverage for various car shows. With a flexible approach to underwriting, Aviva adjusts premiums based on the vehicle's usage, which can be beneficial for classic car owners who may only drive their vehicles on special occasions.
3. Intact Insurance
Intact Insurance provides specialized classic car insurance that caters to the unique needs of vintage automobiles. Their coverage options include use of agreed value, roadside assistance, and risk assessment by classic car experts. Intact also allows for policy customization, offering additional options such as coverage for optional equipment and car restorations.
4. Pioneer Insurance
Pioneer Insurance is known for its competitive rates on classic car insurance. They offer a dedicated classic car policy that includes flexible mileage options, an agreed value clause, and coverage for car shows and events. Pioneer’s experienced agents work closely with clients to ensure that all specific needs are met, making it a strong choice for classic car enthusiasts.
5. The Co-operators
The Co-operators offers a specialized classic car insurance policy tailored to vintage vehicle owners. Their coverage includes protection for vehicle upgrades and restoration costs. They emphasize customer service with personalized consultation to determine the best insurance coverage for classic cars, ensuring that every unique vehicle is adequately insured.
6. Jevco Insurance
Jevco is another viable option for classic car insurance in Canada. Their flexible coverage options allow clients to insure vehicles for limited use and special occasions. Jevco understands the passion behind classic cars and offers policies that reflect their value and significance to their owners, making them a popular choice for collectors.
Conclusion
Finding the right auto insurance company for classic car coverage in Canada is essential for protecting your investment. Companies like Hagerty, Aviva, Intact, Pioneer, The Co-operators, and Jevco offer diverse options tailored to the specific needs of classic car owners. When considering classic car insurance, always compare policies, coverage limits, and additional features to ensure you're getting the best protection available for your prized possession.
