Save Your Clients Money by Switching to the Classic Car Market
Even if you don’t know it, you probably have more than a few classic cars hiding somewhere in your standard personal lines book—and it might be time to shop them around.

Even if you don’t know it, you probably have more than a few classic cars hiding somewhere in your standard personal lines book—and it might be time to shop them around.
In the wake of the 2008 recession, collections are no longer just hobbies—they’re valuable assets. Are you certain your classic car clients have coverage that will protect their vehicles to their full market value?
For independent agent Ryan Sussman, the classic car market offers a client stable of “relationship people” who appreciate the value of the personal touch.
Within the collector car hobby, the racecar subset contains some of the most valuable, beloved vehicles in the world. But motorsports create unique challenges for insurers—prompting many racecar enthusiasts to opt for self-insurance over more traditional
The short answer is yes. The long answer is more complicated, depending on how your client uses their vehicle.
Amid economic uncertainty in Europe, what does a lukewarm auction season mean for classic car values over the next year—and, by extension, insurance prices for your classic car clients?
When Kevin Farris first got interested in selling classic car insurance back in the early ’90s, he didn’t have many carrier options. Today, classic car insurance makes up nearly a third of his agency’s business.