Collector vehicle coverage is an important part of any personal lines book. It is a terrific platform for building long-term customer relationships, and it complements your standard auto business. Owners tend to be better off financially, have other standard vehicles to insure, and take excellent care of their collector car or cars . . . everything you want in a customer.
Many cars you quote as a collector vehicle are from the 50’s, 60’s and 70’s, but even select cars from the 80’s, 90’s, 2000’s and newer are eligible. Here are some examples of what is also eligible, depending on how often its driven:
- Buick Regatta
- Dodge Ram SRT10
- Ford F150 Lightning
- Honda S2000
- Mitsubishi 3000GT
- Nissan 350Z
- Pontiac G8
- Saturn Sky
- Volkswagen Cabriolet
When you talk to a customer about protecting all of their cars, be sure to mention your ability to insure these future classics.
Collector Vehicle Coverage
Designed with the vehicle’s age, rarity, value, unique features, and limited use in mind.
Special permissions and requirements:
- Title may be held by an individual, trust, LLC or corporation.
- Operators must maintain a separately insured vehicle for daily driving and have a good driving record.
- Agreed value settlement for total loss (which is inclusive of all applicable taxes and fees)
- Several mileage plans
- Special consideration for collections
- Deductible options
- Broad make/model and vehicle type eligibility. S
So, just what is a “collector” vehicle?
A collector car’s age, rarity, value, unique features, limited use, availability of parts and services, and popularity across generations make it more desirable than a common auto. This program accepts a very wide range of vehicles.