Hagerty launches classic insurance for 21-year olds

Insurance provider Hagerty has introduced a new young driver policy for classic car enthusiasts aged from 21-years old.

The policy can be applied to any car built up to 2010, recognising the shifting nature of what is deemed a classic car.

Younger drivers can also now insure a classic for everyday use with Hagerty so long as the main driver is at least 25 years of age.

Underwritten by Aviva, the new policy options are available immediately. Drivers aged 21 must have another vehicle for everyday use to qualify and must have held a full driving licence for three years or more. Classic vehicle daily driver policies are limited to 5000 miles per annum with varying levels of cover available.

Hagerty International Managing Director Mark Roper said: ‘The type of cars we now class as a classic is changing, as is the age demographic of owners and collectors. Whether it is the sale of a modern classic supercar at Villa d’Este, or the arrival of a rare hatchback at the Festival of the Unexceptional, the chances are the owners of these vehicles are now younger than ever before. I am delighted to launch these two new Hagerty products to show our continued support of a new generation of classic car enthusiasts and a new way of owning them.’