Hagerty, a well-known insurance provider, has introduced new policies for classic car owners. Effective immediately, drivers who meet specific criteria can insure a classic vehicle made before 2010. To be eligible, drivers must be at least 21 years old, have held a full license for a minimum of three years, and own another everyday vehicle. This new policy allows classic car enthusiasts to insure their vintage vehicles while still having a modern car for daily use.
In addition to this policy, Hagerty has also introduced a daily-driver policy for classic cars over 15 years old. This policy permits classic cars to be used more regularly, with an annual mileage cap of 5,000 miles. To qualify for this policy, the main driver must be at least 25 years old. This policy is ideal for those who want to use their classic car as a secondary vehicle, perhaps for commuting or running errands, while still having the freedom to drive their classic car on a regular basis.
These new policies from Hagerty provide more flexibility for classic car owners, allowing them to enjoy their vehicles while also having a modern car for everyday use. The introduction of these policies is likely to be welcomed by classic car enthusiasts, who can now insure their vintage vehicles with more ease. With Hagerty’s new policies, classic car owners can have the best of both worlds, enjoying their classic car while also having a reliable modern vehicle for daily use.
The eligibility criteria for these policies are straightforward, and drivers who meet the requirements can take advantage of these new policies. The daily-driver policy, in particular, is an attractive option for those who want to use their classic car more regularly, without having to worry about excessive mileage or high insurance premiums. Overall, Hagerty’s new policies are a positive development for classic car enthusiasts, providing more options and flexibility for those who want to own and enjoy a vintage vehicle.