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“Why Are Classic Car Owners Flocking to This Insurance Program?”

Written by MotorTrend | 12/9/2024

December 1, 2024 | Given how much costs have risen for consumers in recent years for literally everything they want and need, it’s unsurprising to read that 49 percent of auto insurance customers are actively searching for more affordable rates. A recent study by TransUnion shows that insurance shopping jumped by an additional 19 percent in the third quarter of 2024.

Beyond basic cost relief, classic and collector car owners often face the additional challenge of finding auto insurance protections designed to fit their unique needs and those of their rides. In recent months, however, many auto enthusiasts appear to be finding both significant savings and superior coverage by switching to classic and collector vehicle insurer OpenRoad for their insurance. 

Since launching this past summer, OpenRoad has seen massive growth from auto collectors and enthusiasts signing up for its new insurance program to cover their prized vehicles. Their customers are not shy about sharing the details about why they switched. More and more reviews highlight OpenRoad’s significant cost savings, better coverage, and excellent customer service. One OpenRoad customer review reads, “Pricing was 20 percent lower than their direct competitor for the exact same coverage on multiple vehicles... These days, when insurance [cost] is outrageous, these people stepped up to the plate ... Thank you, Open Road.” Another review states, “Almost half the price (of) your competitors for equal coverage.”

Raising the Bar with Superior Customer Service 

Beyond the significant cost relief and specialized coverages, many customers also point to the excellent customer service they received with reviews that include statements such as, “The team went above and beyond to help us” and “Overall, the best experience I’ve had setting up insurance.” That’s high praise for an auto insurance company. 

When you dig deeper into its program design and available coverage options, it’s easy to understand why the brand continues to receive such positive feedback from its customers. OpenRoad’s program was designed from the ground up by a team of collector vehicle and insurance experts with one goal: Provide superior classic car and collector vehicle auto insurance coverage at a fair price. “Our program is different as it was designed with specialized coverages and services tailored for the unique needs of auto enthusiast owners,” said Richard Hutchinson, CEO of OpenRoad. “We are proud to offer the auto enthusiast community more choice, comprehensive coverage, and the fair pricing they deserve.”

 

Delivering Superior Coverage for Auto Enthusiasts 

Unlike standard auto insurance programs, OpenRoad’s agreed-value policy covers your car for what it’s worth, considering the time, effort, and investments you put into your vehicle and its condition and rarity. With OpenRoad, you also know that if you need to file a claim, the repairs will be done right and with parts specifically tailored to your vehicle. You won’t be pushed into working with an “insurance-approved” facility, either. Instead, you get to choose a repair shop you know and trust, one that specializes in collector vehicles and classic car restorations.  

OpenRoad also offers a generous emergency roadside cost reimbursement program at no additional cost. It also includes relocation and temporary storage coverage for major disasters such as hurricanes and wildfires and other coverages you simply can’t get with standard auto insurance programs. 

 

Rapidly Expanding Across the U.S.  

To keep up with the massive market demand, OpenRoad has been quickly rolling out its auto insurance program across the U.S., growing coverage availability from 4 states to 13 since the summer. Coverage is available in Arizona, Arkansas, Illinois, Indiana, Louisiana, Minnesota, Missouri, New Mexico, Ohio, Oklahoma, Pennsylvania, Texas, and Wisconsin.