How can I get classic car insurance in New Jersey?

Before purchasing an auto insurance policy of any kind in New Jersey, you need to be aware of a couple of fundamental things.  In New Jersey, every auto insurance policy falls into one of two categories: basic and standard.

Basic auto insurance policies in New Jersey are those which meet the state-defined minimum coverage levels for various types of liabilities, while the “standard” category has its own minimums ($15,000 for injury or death to one person, $30,000 for injury or death to more than one person, $15,000 for personal injury protection, $15,000 for injury to uninsured or underinsured drivers, and $5000 for property damage), which can be freely increased through your provider.

These basics hold true for classic car insurance as well.  The vast majority of policies for classic cars will fall under the “standard” category, having greater liability coverages, which only makes sense considering the nature of some of the situations classic cars are meant to be in (shows and so on).

Of course, you’ll want a policy specifically for a classic car, because of the advantages these policies bring: flexible mileage, more extensive coverage, and most importantly (especially in New Jersey, with its notoriously high insurance costs), much lower premiums.  Here are some of the insurers that provide this type of specialized classic car insurance in New Jersey.

There’s American Collectors Insurance, based in Cherry Hill, New Jersey, which covers: antique and classic cars, trucks, and motorcycles; antique tractors; custom cars and trucks; exotics and modern limited-production classics; hot rods and street rods; jeeps and military vehicles; kits and replica cars; vehicles undergoing active restoration; and more.

Hagerty Insurance, out of Traverse City, Michigan, covers: antique and classic cars; exotic and special interest cars; classic fire trucks and commercial vehicles; lowriders; vintage military vehicles; modern classics; motorcycles and scooters; muscle cars; high-quality replicas; street rods; classic tractors; trailers for street rods as well as trailers for transporting a classic vehicle; trucks; and vehicles under active restoration.

Leland-West Insurance Brokers, headquartered in Fresno, California, who deal with: exotic autos, muscle cars, antique autos, sports cars from all eras, and rare or collectible vehicles.

Grundy Worldwide, out of Horsham, PA, will cover any vehicle of any make, model or year, provided that it’s used on a limited basis.

These companies and more will provide specialty classic vehicle insurance to owners in New Jersey.  Furthermore, most of them will allow you to get a basic quote via their website.  This process takes just a few minutes, and that’s time well spent, as you’ll see just how much money you can save in comparison to a conventional auto insurance policy for your classic car.  These policies, of course, will include that extended coverage which is so much more appropriate for the classic, vintage, or antique vehicle hobbyist.

Posted: July 26th, 2009 under Classic Car Insurance Companies.