Hagerty Insurance Discounts

Drivers have multiple options for Hagerty insurance discounts depending on how many vehicles you insure and how often these vehicles are driven. There are special Hagerty car insurance discounts for classic and vintage cars, and you may qualify for new driver Hagerty car insurance discounts. Save even more money on your Hagerty car insurance policy when you compare quotes online with our free comparison tool below.

Free Car Insurance Comparison

secured lock Secured with SHA-256 Encryption

A former insurance producer, Laura understands that education is key when it comes to buying insurance. She has happily dedicated many hours to helping her clients understand how the insurance marketplace works so they can find the best car, home, and life insurance products for their needs.

Full Bio →

Written by

Joel Ohman is the CEO of a private equity backed digital media company. He is a CERTIFIED FINANCIAL PLANNER™, author, angel investor, and serial entrepreneur who loves creating new things, whether books or businesses. He has also previously served as the founder and resident CFP® of a national insurance agency, Real Time Health Quotes. He has an MBA from the University of South Florida. Jo...

Full Bio →

Reviewed by Joel Ohman
Founder & CFP® Joel Ohman

UPDATED: Apr 3, 2022

Advertiser Disclosure

It’s all about you. We want to help you make the right coverage choices.

Advertiser Disclosure: We strive to help you make confident car insurance decisions. Comparison shopping should be easy. We are not affiliated with any one car insurance company and cannot guarantee quotes from any single company.

Our partnerships don’t influence our content. Our opinions are our own. To compare quotes from top car companies please enter your ZIP code above to use the free quote tool. The more quotes you compare, the more chances to save.

Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.

Here's what you need to know...

  • Hagerty offers special auto insurance for classic and vintage cars
  • Both classic and vintage cars must retain 20 percent of their original parts to fit into this classification
  • Hagerty offers discounts for your specialty car dependant on how my vehicles you insure with them and how much you drive your vehicle, and other circumstances

Finding car insurance discounts from Hagerty is possible for both current and potential policyholders. All you have to do is contact the company and see what you qualify for.

If you are looking for car insurance, just type your ZIP code into the FREE box at the top of this page and compare online car insurance rates now!

Hagerty car insurance is specially designed for those who collect vintage or classic cars. Hagerty not only provides excellent service and coverage, it also provides a variety of discounts to its customers that help keep premium costs low.

The Difference between Vintage and Classic Cars


Most people do not know the difference between a vintage car, a classic car, and an antique car so they often use the terms synonymously.

However, to those who collect and insure classic and vintage and antique cars, the differences are obvious. This is true in the details of the cars but also in the cost to insure these vehicles.

  • Vintage – These cars are the oldest cars around. Any car that was manufactured before 1925 is considered a vintage car. No matter what shape it is in, it is still considered vintage.
    • There is one stipulation that an untrained eye may not see, but it is critical to establishing what type of car it is, and that is how much work has been done on the vehicle. It must have 20 percent of the original parts to be considered vintage.
  • Classic – These are cars that have been manufactured between 1925 and 1948. Cars in this period of time took a turn from the Model T style to become more sporty and practical for families.
    • Like vintage cars, classic cars must retain 20 percent or more of their original parts.
  • Antique – If you have a car that is 45 or more years old it is considered neither a classic nor a vintage car but is an antique car.

Free Car Insurance Comparison

Enter your ZIP code below to view companies that have cheap car insurance rates.

secured lock Secured with SHA-256 Encryption

How the Classification Affects Car Insurance Rates

The way a car is classified affects car insurance rates. First of all, it is important to note that Hagerty and other vintage and classic car insurance companies do not always hold fast to the classification model.

For example, they will insure a 1966 Corvette even though it is not technically considered a classic car yet.

Since vintage cars are older, rarer, and harder to replace and repair, vintage cars cost more to insure. The monthly and yearly premium amounts are higher, but they can be lowered by increasing your deductible amount.

Classic cars are the second most costly to insure, with antique cars and those less than 45 years old being the least expensive of the three to insure.

The only exception to this is for certain makes and models of the vehicle. There are certain types of vintage and classic cars that are in higher demand, are more appealing or are rarer than other cars.

Because of this, these cars are more likely to be stolen and may be harder to replace, causing insurance rates to be higher for them.

Why Vintage and Classic Cars Need Insurance

Those who do not own a classic or vintage car may wonder why these types of cars need specialized insurance. The answer is three-fold.

Not Regularly Driven

Frist, many individuals who own vintage or classic cars do not drive them on a regular basis. They are either only driven to car shows or not driven at all and just kept in the garage. This calls for a different type of coverage than traditional cars.

Higher Risk

Second, classic and vintage cars are at a higher risk for theft than other types of cars. This, too, calls for a different type of insurance other than traditional car insurance.


Third, many vintage and classic cars are irreplaceable. This means that even if they are covered under insurance, they could not be replaced or repaired if damage occurs. In turn, this means that they have to be insured for the valued amount of the car because there is no replacement value.

Because premium amounts vary so much, Hagerty offers its customers discounts in a variety of ways. For example, there is a discount for insuring more than one classic or vintage car on the same policy.

There is also a discount for those who go 12 months without a claim or incident. A third discount is available for those who pay their premium yearly instead of monthly.

If you are looking for car insurance, just type your ZIP code into the FREE box on this page and compare online car insurance rates now!

Free Car Insurance Comparison

Enter your ZIP code below to view companies that have cheap car insurance rates.

secured lock Secured with SHA-256 Encryption