Grundy Classic Car Insurance - Their Advantages and Limitations

Specialty insurance from a classic car insurancebreakdown on the way to a show (such as
company offers a number of benefits for thosetransportation, lodging, and meal expenses). One
who own and drive collector cars. Companies thatfeature that Grundy provides that many others
specialize in antique car insurance can offer betterdo not is their "Inflation Guard", which
coverage with lower premiums than a standardautomatically increases the amount your vehicle is
auto insurance company, but the better coverageinsured for by 4% each year.
and lower premiums come with some restrictions.Like any other vintage car insurance provider,
There are a lot of points to consider whenGrundy has some restrictions. Your car must be
choosing a classic auto insurance provider, so it isstored inside a locked garage when not in use;
important that you do your homework in orderyou must have a daily driver vehicle for each
to find the antique auto insurance provider that islicensed driver in your household in addition to the
the best fit for you.classic vehicle; and the car must be in excellent
Grundy Worldwide is one insurance company thatcondition. The vehicle should only be used for
specializes in collector car insurance. They havecollector activities, but one feature that sets
been in business since 1947 in Horsham, PA justGrundy apart from many other classic antique
north of Philadelphia. Since their beginning, Grundyauto insurance providers is that they do not have
Classic Car Insurance has covered over 1.5 milliona mileage limitation. Many antique classic car
collector vehicles, and they are one of the fastestinsurance companies have limits ranging from
growing classic auto insurance companies. The1,000 miles up to 6,000 miles per year, but with
owner is a car collector and restorer himself,Grundy Nationwide you can drive the car to as
having won awards at several of the majormany distant car shows as you like without
collector car events in the US. His involvement inworrying about exceeding a yearly mileage limit.
the hobby helps him to understand the wants andGrundy also offers specialized insurance for
needs of other car collectors.restoration shops. It provides Agreed Value
Grundy Classic Car Insurance is the originator ofcoverage for the Garagekeepers portion of the
the Agreed Value policy, in which the insurancepolicy, instead of the Actual Cash Value coverage
company and the car owner set an agreed valuethat other insurance providers offer. Since they
on the vehicle before the policy is initiated. Ifdon't offer this policy to mainstream collision repair
there is a total loss, the car owner receives theshops, the premiums are lower than they would
full value of the car, instead of what the insurancebe for the often inadequate protection a specialty
company decides the car was worth after theshop gets from a standard insurance provider.
fact. Grundy will insure any year vehicle, even lateGrundy Classic Car insurance has a lot to offer
model cars as long as they are used for show,for the car collector. Whether you need muscle
hobby and pleasure purposes only. Many othercar insurance, antique car insurance, or collector
collector auto insurance companies will only writecar insurance for a late model specialty car,
policies for vehicles of a certain age or older.Grundy can provide an Agreed Value policy that
Grundy only uses underwriters with an A.M. Bestwill most likely suit your needs. However, they are
rating of A+ or higher, which means thejust one of many different classic auto insurance
companies are very stable financially. They offerproviders out there. Do some research on several
liability up to one million dollars, and have a singledifferent specialty insurance providers to find the
liability charge for collectors with more than oneone that is right for you.
vehicle. Grundy's antique auto insurance policiesTo learn more about collector car insurance and
have a number of built-in coverage perks, whichwhat to look for in a classic auto insurance
include towing and labor expenses, car showcompany, visit American Classic Car Insurance.
medical reimbursement, automatic 30-dayFor a directory comparing the most popular
coverage for new acquisitions, and coverage forcollector auto insurance providers, click on Classic
the loss of spare parts. They even have "TripCar Insurance Companies. You may also be
Interruption" coverage for costs incurred from ainterested in visiting Classic Car Insurance Quotes.