American Collectors Auto Insurance Review: Specialized Coverage for Special Vehicles (2024)

American Collectors offers discounts tailored to owners of custom and classic cars, including discounts for membership in Car Clubs, or for storing vehicles on auto lifts or in private secured garages.

• Accident course completion
• Anti-lock brakes
• Anti-theft
• Car Club membership
• Defensive driving course completion
• High value discounts for vehicles priced at $150,000 or more
• Private garage discount
• Security discounts
• Vehicle safety features
• Vehicles not driven during winter
• Vehicles stored on an automotive lift

Policy types

• Antique and classic motorcycle insurance
• Classic car insurance
• Classic truck and utility vehicle insurance
• Exotic car insurance
• Modified car and hot rod insurance

American Collectors offers specialized policies for auto enthusiasts and other collectors.

Coverage types

• Accidental airbag deployment
• Accidental death and dismemberment
• Ambulance assistance
• Automotive tools/spare parts
• Bail bond
• Car show expenses
• Collision coverage
• Comprehensive coverage
• Disaster relocation
• Emergency lockout
• Emergency towing
• Emergency travel expense coverage
• Full safety glass
• Hit and run reward
• Legal defense
• Liability
• Personal effects coverage
• Pet coverage
• Roadside assistance
• Theft reward
• Trailer guard
• Valuable papers

American Collectors offers coverages tailored for car enthusiasts which most competitors do not provide. This is offered in addition to standard required options such as liability coverage.

• Insurance for other collectibles, including guns, military memorabilia, and sports memorabilia

American Collectors offers additional special coverage for collectors, but not standard policies such as homeowners or renters insurance.

When looking for an auto insurer that offers other types of coverage along with classic car insurance: Geico provides insurance for collector cars, but also offers a broader array of auto insurance coverage to more motorists. But, keep in mind, Geico doesn't offer all the same discounts targeted to car enthusiasts that American Collectors provides.

When looking for an auto insurer who offers more flexibility in vehicle storage: Progressive has partnered with Haggerty to offer classic car insurance like American Collectors, but this policy is more flexible in where vehicles can be stored. But keep in mind, Hagerty doesn't offer all the same discounts as American Collectors.

American Collectors is an ideal choice for:

• Motorists looking for collectible, classic, or imported vehicles
• Drivers who have another daily driver vehicle
• Drivers who store their vehicle in an approved location

American Collectors serves a unique niche of auto owners, providing coverage that may be difficult to find with many other insurers. But if you have an accident history, a history of infractions, or don't have a daily driver, you'll want to check out other auto insurance companies for your needs.

Our auto insurance rating methodology

At The Motley Fool Ascent, insurers are rated on a scale of one to five stars. We primarily focus on pricing, coverage options, and customer satisfaction; however, we also take into account features like unique discounts, online and app-based experiences, and branch access. Our highest-rated auto insurances generally include low costs, solid coverage, and high customer satisfaction.

We're firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers. The Ascent, a Motley Fool service, does not cover all offers on the market. The Ascent has a dedicated team of editors and analysts focused on personal finance, and they follow the same set of publishing standards and editorial integrity while maintaining professional separation from the analysts and editors on other Motley Fool brands.