New Trends in Vehicle Insurance

Our friends at Hagerty Insurance Company pointed out some interesting trends in Classic Car Insurance. “Last year marked the first time that Generation Xers (born 1965-1980) and millennials (born 1981-1996) owned as many classic and collector cars as the generations that came before. This generational sea change has led to a new trend of collecting performance cars from the 1990’s and 2000’s.”

“They like them because of their drivability and familiarity – and because they’re cool,” says McKeel Hagerty, CEO of Hagerty. “These are the cars of their youth, and they have the added advantages of being modern enough to be comfortably drivable but also affordable and relatively simple.”

Here are the most commonly quoted makes and models from the ‘90’s and 2000’s:


  • 1990-1999 Ford Mustang – 23.2 quotes per day
  • 1990-1999 Chevrolet Corvette – 22.1 quotes per day
  • 1990-1999 Chevrolet Camaro – 10.4 quotes per day
  • 1990-1999 Mazda Miata – 6.9 quotes per day
  • 1990-1998 Chevrolet C1500 series – 5.1 quotes per day


  • 2000-2009 Chevrolet Corvette – 22.4 quotes per day
  • 2000-2009 Ford Mustang – 19 quotes per day
  • 2000-2009 Porsche 911 – 7.9 quotes per day
  • 2002-2005 Ford Thunderbird – 3.2 quotes per day
  • 2000-2009 Honda S2000 – 2.5 quotes per day

I might also point out that rates for Classic Cars are frequently significantly less (~40%) than for your typical vehicle. Many vehicles fall into the Classic Car insurance category (even my 2001 Miata is a classic!).

For those of you who are in the construction industry, we can also package your trucks/vans with General Liability coverage with a typical savings of 40%. We are just looking for more ways to save you more! When was the last time you saw a discount for combining Truck and General Liability Insurance? It’s a first for me. We have a few markets that will discount the Workers Compensation if they are writing the General Liability, but Truck insurance being discounted is a first for me.

For contractors and others in need of personal accident insurance, there is a new product out there for you. We have a new company that offers accident insurance to pay your medical bills. All the premiums we have seen so far are about $35 a month and they cover up to $15000 of accidental medical expenses with a $100 a year deductible. The application takes about 5 minutes and its nearly guaranteed issue. You can even add on your significant other and/or children for a higher coverage amount for roughly $10 more a month. Call us today to check out this new, innovative and great plan!


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