S'true that different classic car insurance specialists have different
limitations, but they're all oriented to the same objective: make sure that the
is used truly as a hobby car, gets driven relatively seldom and then in
situations where it is less likely to be at risk than a daily drive. Within
limits, drivers have relatively low accident claims, so they can offer
rates that are significantly lower than what a standard insurance company
charges for a regular car. The specialist can also offer agreed-value
compensation, rather than the standard cash or market value policies that
insurers write on your Honda Civic or Chevy Cavalier.
That having been said, I believe that Hagerty does NOT have a mileage
limitation, based on a number of interviews I've done with the various
It does however, require that you personally own and insure another car on a
standard policy, that is generally used as your daily driver. It specifies that
the car you have insured with Hagerty is covered for "hobby and recreational
use, only" if I remember the policy right. (Other companies may specify
something like "parade and show" or have mileage limitationes, etc.
Incidentally, I have had Hagerty for as many years as I've owned classic
cars, have had to make two collision claims and one total loss, and on each of
those the handling of the claim was exemplary.
But I've heard that of other specialist carriers as well.