Grundy Auto Insurance Review: Flexible Auto Insurance Policies for Classic Cars

This auto insurer is a good fit for: Those interested in insuring classic or collectible vehicles.

Bottom line: Grundy is worth a closer look for drivers who are interested in insuring classic cars. Its policies are flexible and comprehensive, and it offers some rare perks many other auto insurers don't.

Grundy Car Insurance Snapshot

Pricing

Grundy auto insurance rates tend to be fairly affordable, especially since its policies don't have mileage restrictions. But the only way to know exactly what it'll charge a given driver is to get a quote.

Discounts

Grundy doesn't advertise any car insurance discounts, so drivers will have to rely upon other methods, like purchasing only as much coverage as they need, to keep costs down.

Perks

The company pays agreed-value coverage on all vehicles and offers flexible policies with no mileage restrictions. It also doesn't charge deductibles in most states.

Customer service

Grundy's customer satisfaction ratings are about average. But it's difficult to know how the company stacks up to better-known auto insurers as it hasn't featured in any large-scale customer satisfaction surveys.

Grundy auto insurance at a glance

Coverage options:

• Bodily injury liability coverage
• Property damage liability coverage
• Uninsured motorist coverage
• Underinsured motorist coverage
• Personal injury protection (PIP)
• Collision
• Comprehensive
• 150% replacement coverage
• Breakdown assistance
• Rental car reimbursement
• Emergency living expenses
• Original equipment manufacturer (OEM) parts
• New vehicle replacement
• Full glass coverage
• Waiver of deductible
• Personal property
• Pet coverage
• Cash settlement option

Top perks

Agreed value coverage on all vehicles

Grundy works with drivers to come up with an agreed-upon value for all vehicles, whether they're classic cars or cars used for everyday driving. If the vehicle is totaled, Grundy will pay up to the agreed-upon amount, regardless of whether the actual value of the car has depreciated since then.

No mileage restrictions for pleasure driving on collector cars

Grundy doesn't permit drivers to use collector cars as their everyday vehicles. But it also doesn't impose mileage restrictions on how much policyholders can drive them. This makes Grundy a great choice for those who want to take their collector vehicles out often.

Comprehensive coverage

In addition to coverage mandated by state law, Grundy offers a variety of endorsements to help drivers customize their policy. Some of these options, like OEM parts and emergency living expenses, are pretty uncommon.

No deductible in most states

Drivers who insure their vehicles through Grundy typically don't pay a deductible when they have to file a claim. However, this varies by state.

What could be improved

Can't just insure an everyday vehicle

Grundy specializes in classic vehicles. While it does insure regular cars through its Motor Vehicle Program, these policies require a minimum of three vehicles, and one of them has to be a collector car. Those who are just looking to insure their everyday vehicle that they use to run errands and commute to and from work will have to look at other car insurance companies.

Collector vehicles must be kept in a garage

In order to insure a collector vehicle through Grundy, the driver must agree to store it in a garage while at home. However, the car is covered if parked outside while away from home.

For drivers interested in scoring an affordable rate on their regular vehicles: Geico is worth a closer look. The company sells insurance policies in all 50 states, and its premiums are usually pretty affordable. It doesn't sell classic car insurance directly, but it makes this available through its partner insurers for those who are interested.

Grundy offers pretty affordable rates on classic cars, especially considering it doesn't impose any mileage caps like other classic car insurers. But exact costs depend on a variety of factors, including the driver's accident history and the agreed-upon value for the vehicle. The best way to know what Grundy will charge a specific driver for auto insurance is to reach out and get a quote.

Grundy doesn't advertise any auto insurance discounts, but the company manages to offer pretty affordable rates anyway. Drivers can also keep their costs down by purchasing only the coverage they need and working to maintain a clean driving record.

Policy types

• Regular-use vehicles
• Collector cars
• Trailers
• RVs
• Exotic cars
• ATVs/UTVs

Grundy's primary niche is collector vehicles, and drivers can't purchase a policy from them unless they have at least one classic car to insure. But the company also insures many other common types of vehicles for those who want to manage everything in one place.

Coverage types

• Bodily injury liability coverage
• Property damage liability coverage
• Uninsured motorist coverage
• Underinsured motorist coverage
• Personal injury protection (PIP)
• Collision
• Comprehensive
• 150% replacement coverage
• Breakdown assistance
• Rental car reimbursement
• Emergency living expenses
• Original equipment manufacturer (OEM) parts
• New vehicle replacement
• Full glass coverage
• Waiver of deductible
• Personal property
• Pet coverage
• Cash settlement option

Grundy has a fairly comprehensive list of endorsements to help drivers customize their policies. It also offers all protections mandated by state law.

Since Grundy Insurance isn't a traditional auto insurer, it hasn't featured in any large-scale auto insurance surveys, like those conducted by J.D. Power.

The company currently has a B- rating with the Better Business Bureau (BBB) and a 3.9 out of 5 from Trustpilot. These ratings aren't quite as high as what we've seen with some other companies, but they're also not low enough to cause concern for most drivers.

Grundy auto insurance could be a good fit for drivers who:

• Are looking to insure a classic vehicle, either on its own or alongside everyday vehicles
• Don't want to limit themselves to a certain number of miles driven each year
• Have a garage where they can keep their classic car when not in use

Otherwise, drivers may want to give Geico or American Modern a closer look.