American Collectors Insurance Company Review 2025
Written by
Christine Lacagnina has written thousands of insurance-based articles for TrustedChoice.com by authoring consumable, understandable content.
Reviewed by
Cara Carlone is a licensed P&C agent with 20 years of experience. She has her P&C license in RI and TX and holds CPCU, API, and AINS designations.
Trusted Choice's American Collectors Insurance Score
3.5 Stars
We award American Collectors Insurance a final rating of 3.5 out of 5 stars. The carrier has an excellent rating from the Better Business Bureau (BBB) but is not individually rated by AM Best. However, many of the carrier's policies are underwritten by American Family Insurance, which is rated "A" or excellent by AM Best.
American Collectors Insurance was founded in 1976 and is headquartered in Cherry Hill, New Jersey. The carrier has a long history in the collectors' insurance industry. It specializes in coverage for collector vehicles and other collections, such as playing cards, sports collectibles, comic books, stamps, and coins. Coverage is available nationwide.
The company’s coverage is flexible and unique, giving customers the ability to choose mileage plans and other options that are just right for their unique vehicle. Collectible autos are insured at their agreed value to help customers get the most out of their coverage.
Additionally, the company offers an online community that brings collectors together and offers the carrier’s customers useful information and personal stories. Overall, we recommend working with your independent insurance agent to look further into American Collectors Insurance.
American Collectors Insurance Pros and Cons:
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To find insurance in your state, use our national insurance company directory to find the best company to meet your needs. You can locate insurance companies that specialize in your specific coverage needs and get connected to an agent near you.
American Collectors Insurance Products by Type
To be covered by an American Collectors Insurance policy, collector vehicles must be driven on a limited basis. They must not be used as daily vehicles, for racing, or driver’s education. Insured vehicles must be kept in an enclosed or locked garage. The carrier offers the following coverage options.
Vehicle & Auto Insurance:
- Collector car insurance
- Collector truck insurance
- Customers and hot rod insurance
- Classic motorcycle insurance
- Import and exotic insurance
American Collector Insurance Collector Car Insurance
Collector vehicles are insured on an agreed-value basis. This means that in the event of a total loss, you are covered for the agreed value with no depreciation minus your deductible amount.
American Collectors Insurance offers a variety of other benefits and service features, including emergency roadside assistance, variable mileage plans, and more. Standard coverage options are also available, including liability, collision, comprehensive, uninsured/underinsured motorist, personal injury protection (PIP), and more. Program features and availability may vary by state.
Coverage types, features, and benefits:
Vehicles in restoration
American Collectors Insurance provides coverage for collector vehicles during periods of active restoration.
Newly acquired vehicles
American Collectors Insurance provides up to 30 days of automatic coverage for qualified collector vehicles purchased during the policy term.
Inflation guard
American Collectors Insurance will automatically adjust the agreed value limit for your vehicle in the event of a covered total loss.
American Collector Insurance Collector Car Insurance Average Prices
American Collectors Insurance does not publish information about its average collector car insurance prices. An independent insurance agent can help you get a quote and find more information about American Collectors Insurance's pricing. You can also get an estimate of how much car insurance might cost you by using our car insurance calculator.
What Discounts Does American Collectors Insurance Offer?
American Collectors Insurance offers several discounts for its customers. These include the following.
- High-value vehicle discount (for vehicles valued at over $250,000)
- Multi-vehicle discount
- Mature driver discount
- Garage security discount
- Added safety features discount
Your independent insurance agent can help you find even more information on discounts offered by American Collectors Insurance and other ways to save money through the insurance company, helping you find the coverage you need at the rate you deserve.
American Collectors Insurance Customer Service
American Collectors Insurance offers the following customer service options and availability:
- Phone
- Live chat
- Snail mail
- Online claims reporting
- Online policy management
Customer service department has the following hour restrictions:
| Days | Hours (EST) | ||
| Monday-Friday | 8:30 a.m. - 8:00 p.m. | ||
| Saturday | 9:00 a.m. - 5:30 p.m. | ||
| Sunday | CLOSED |
The fastest way to find the information you need from the carrier is through your online account. You can log in to view your policy, make changes, and get insurance help. You can also work directly with your independent insurance agent. Your agent can make customer service easier by handling claims and other concerns.
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American Collectors Insurance FAQs
The carrier states that if a claim needs an appraisal, it will contact the customer within 48 hours.
American Collectors Insurance offers customer service by phone at generous, extended hours, Monday through Saturday. The company’s website offers a live chat feature that is available during the same hours. Customers can also contact the company via email and regular mail. Claims can be submitted online or by phone.
Claims can be submitted by phone or online. The company promises to make the claim process as quick and painless as possible. Customers can choose the repair or restoration facility needed to make repairs.
Here is what you need to file a claim with American Collectors Insurance:
- Your policy number
- Accident or loss details
- Day and time of damage (if known)
- Items/vehicles affected
- The best way to contact you
American Collectors Insurance has a comprehensive and easy-to-navigate website. It offers product information, a vehicle valuation tool, online applications, and more. In addition to phone and email contact and online claims and customer service, customers can contact the carrier through a live chat feature with extensive hours Monday through Saturday.
Classic car insurance policies from American Collectors Insurance protect assets with appreciating values and offer a variety of coverage options that specifically benefit classic or vintage car owners. The carrier insures vehicles at their agreed value, which means that in the event of a covered total loss, policyholders are paid the full agreed-upon value (minus any applicable deductibles), without any further deduction for depreciation.
The company offers inflation guard policies that increase the vehicle value to a maximum of 6% at no extra cost to the policyholder (in approved states). Customers can add on spare parts coverage at no additional cost, which provides up to $500 for coverage for loss or damage to a classic spare part. American Collectors Insurance also offers a variety of discounts, additional coverage options, and mileage plans depending on your needs.
American Collectors Insurance was founded in 1976 and has received a high rating from the BBB. The carrier offers a comprehensive set of flexible policies for car, motorcycle, and truck collectors as well as people with other types of collections.
Online customer reviews for the carrier are predominantly positive. Many of its policies are written by American Family Insurance, which is rated "A" (excellent) by AM Best. Overall, American Collectors Insurance can be considered a good insurance company.
American Collectors Insurance's products may be right for customers seeking coverage for collectible autos or other valuable items. The carrier offers coverage not only for collectible cars, hot rods, and trucks, but also stamps, coin collections, playing cards, and more.
https://americancollectors.com/
https://www.bbb.org/us/nj/cherry-hill/profile/insurance-services-office/american-collectors-insurance-0221-90201281
https://ratings.ambest.com/CompanyProfile.aspx?AltSrc=108&Bl=0&GSA=1&AMBNum=11789