Grundy Classic Car Insurance – A Review of Their Benefits and Restrictions


A classic car insurance company can offer special insurance that offers many benefits to collector car owners. Although companies that specialize in antique cars insurance may offer greater coverage, with lower premiums, there are some limitations. There are many things to consider when selecting an antique auto insurance provider. It is crucial that you do your research to ensure that you find the right provider for you.

Grundy Worldwide, an insurance company that specializes exclusively in collector car insurance, is just one example. The company was founded in 1947 in Horsham PA, just north Philadelphia. Grundy Classic Car Insurance, which has been in business since 1947, has insured over 1.5 million collector cars. They are also one of the fastest-growing classic auto insurance companies. He is an avid car collector and restorer, and has won numerous awards at major American collector car events. He is able to relate to other collectors through his involvement in the hobby.

Grundy Classic Car Insurance is responsible for the Agreed Value Policy. This policy allows the car owner and the insurance company to agree on a vehicle’s value before the policy is started. The car owner gets the entire value of the vehicle if it is totaled. This replaces what the insurance company decided the car was worth after the fact. Grundy will cover any year vehicle, including late models, as long as it is used only for pleasure, hobby, or show purposes. Other collector insurance companies won’t insure vehicles older than a certain age.

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Grundy only employs underwriters who have an A.M. Best rating A+ or better, which indicates that the companies are financially stable. They provide liability up to $1 million and only one liability fee for collectors who have more than one vehicle. Grundy’s antique insurance policies include towing and labor expense coverage, car show reimbursement, auto 30-day coverage for new purchases, and coverage for the cost of lost spare parts. You can also get “Trip Interruption” coverage to cover costs related to a breakdown while on your way to a show. This covers transportation, lodging and meals. Grundy offers a unique feature: their “Inflation Guard” which automatically increases your vehicle’s insurance by 4% every year.

Grundy is just like any other vintage car insurer. Grundy has some restrictions. Your car must be kept in a locked garage. You must also have a daily driver vehicle for every licensed driver in your household. The car must be in great condition. Grundy is unique in that there is no mileage limit. This makes them stand out from other classic antique auto insurers. While many antique car insurance providers have mileage limits that can go up to 1,000 miles per year, Grundy Nationwide allows you to drive your car to as many distant car shows you want without worrying about exceeding the yearly mileage limit.


Grundy also offers insurance that is specialized for restoration shops. This policy provides Agreed Value coverage to the Garagekeepers section of the policy instead of the Actual cash value coverage offered by other insurance providers. They don’t offer this policy for mainstream collision repair shops so the premiums are lower that they would be for the sometimes inadequate coverage a specialty shop receives from a standard insurer.

Grundy Classic Car Insurance has many benefits for car collectors. Grundy Classic Car insurance can offer you the best combination of muscle car insurance and antique car insurance. They also have collector car insurance that is suitable for late-model specialty cars. They are only one of many classic auto insurance providers. To find the right one for you, do some research on a variety of specialty insurance providers.