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Here's Proof that ’80s and ’90s Cars are More Than a Fad

By March 29, 2019March 31st, 2020Interesting Topics

 

Cars from the 1980s and ’90s are catching on in the collector market, providing more coverage opportunities and competition in auto insurance than ever before. As an agent or broker, the 1997 Mazda Miata you placed on a standard auto policy just five years ago may no longer be properly covered to reflect its true collectible value.

The market is experiencing rapid change as Gen-Xers and millennials have become the largest group of people interested in acquiring collector vehicles – many of these cars are representative of their generation. The cars from the ’80s and ’90s are quickly becoming more popular just as muscle cars became popular when their fans became financially stable enough to go after the cars they couldn’t afford in their youth.

There’s no better evidence of this continuing trend than insurance quote data. So sit back, and grab a cold chocolate Yoo-hoo or unroll a Fruit by the Foot as we list the 14 most commonly quoted totally tubular ’80s and ’90s cars from 2018:

1980s
1. Chevrolet Corvette – 24.2 quotes per day
2. Ford Mustang – 15.3 quotes per day
3. Chevrolet Camaro – 13.1 quotes per day
4. Chevrolet C10 series – 9.5 quotes per day
5. Chevrolet Monte Carlo – 8.5 quotes per day
6. Pontiac Firebird – 7.5 quotes per day
7. Mercedes-Benz 560SL – 4.1 quotes per day
1990s
1. Ford Mustang – 24.5 quotes per day
2. Chevrolet Corvette – 23 quotes per day
3. Chevrolet Camaro – 10.4 quotes per day
4. Chevrolet C1500 series – 10.1 quotes per day
5. Mazda Miata – 7.5 quotes per day
6. Porsche 911 Carrera – 7.1 quotes per day
7. Ford F-150 – 5.4 quotes per day
As the weather warms, stay ahead of the competition by talking with your insureds about a collector car policy tailored to protect their vehicle’s collectible value.
*Content from Hagerty Insurance