Where do club members get discounts for classic car insurance?

If you’re interested in classic, vintage, or antique cars, you might also be interested in participating in a club. After all, it’s only natural to want to get together with others who can equally appreciate the beauty, quality, and value of your collector vehicle of choice, whether it’s a high-powered Lotus Elan, or a nostalgic Mini.

Membership in a classic vehicle collectors’ or enthusiasts’ club can have a number of advantages. Some specialty classic car insurance providers, for example, have discounts and other benefits on offer to members of certain clubs. These types of providers also offer a vastly superior type of insurance policy compared to conventional insurance companies. With a policy intended specifically for classic vehicles, your vehicle, whether it’s a classic auto from the past, a limited-production or otherwise rare or exotic auto from up to the present day, a vintage tractor, commercial or military vehicle, or even a custom street rod, hot rod, kit car or high-quality replica, can be covered in a greater variety of situations (shows, shipping, restoration, and more), and, what’s more, your vehicle will be covered at a substantially lower premium, and a proper, accurate valuation.

Among these companies is Leland-West Insurance Brokers, who offer special plans for Porsche owners though the Porsche Club of America and plans for Mercedes-Benz 300 SL Coupe and Roadster owners who belong to the Gull Wing Group International. Also, Hagerty Insurance, which operates in the US, Canada and the UK, offers a special liability program for clubs, under which all members of your club will be covered. Some specialty classic car insurance providers may also offer discounts to members of AAA and other such organizations.

A number of UK-based classic car insurance firms also offer club discounts. Members of the Jaguar Enthusiasts’ Club can get a discount through Footman James & Co Ltd. (Footman James also offers discounts for members of other enthusiasts’ clubs.) The Alfa Romeo Owners Club UK offers its own special insurance policy through Chris Knott Insurance. Adrian Flux offers a club members’ discount which can go as high as 15% annually. Lancaster and its affiliates also offer a variety of club discounts.

The best way to find out if your club and vehicle are eligible for specific discounts is to take a look at the websites of specialty classic vehicle insurance providers in your area. While you’re there, you can get a quote, so you can see just how much more affordable specialty insurance is compared to a standard insurance policy, and how much greater and more appropriate the coverage on offer is. Even if you’re not in a club, the savings with a classic auto specialist will be great enough to significantly outweigh any possible discount that a conventional provider can offer anyway.

Posted: August 7th, 2009 under Classic Car Insurance Explained.