American Modern Car Insurance Review for 2025 [See How Much You Could Save]
Our American Modern car insurance review shows its affordability for ensuring classic and vintage cars, with rates starting at just $127 monthly. It offers affordable collector car coverage and motorcycle insurance in all 50 states, but American Modern Insurance Group doesn't offer standard auto insurance.
Daniel Walker
Licensed Insurance Agent
Daniel Walker graduated with a BS in Administrative Management in 2005 and has run his family’s insurance agency, FCI Agency, for over 15 years (BBB A+). He is licensed as an insurance agent to write property and casualty insurance, including home, life, auto, umbrella, and dwelling fire insurance. He’s also been featured on sites like Reviews.com and Safeco. To ensure our content is accura...
Licensed Insurance Agent
UPDATED: Jan 24, 2025
It’s all about you. We want to help you make the right coverage choices.
Advertiser Disclosure: We strive to help you make confident car insurance decisions. Comparison shopping should be easy. We are not affiliated with any one car insurance company and cannot guarantee quotes from any single company.
Our partnerships don’t influence our content. Our opinions are our own. To compare quotes from top car companies please enter your ZIP code above to use the free quote tool. The more quotes you compare, the more chances to save.
Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.
UPDATED: Jan 24, 2025
It’s all about you. We want to help you make the right coverage choices.
Advertiser Disclosure: We strive to help you make confident car insurance decisions. Comparison shopping should be easy. We are not affiliated with any one car insurance company and cannot guarantee quotes from any single company.
Our partnerships don’t influence our content. Our opinions are our own. To compare quotes from top car companies please enter your ZIP code above to use the free quote tool. The more quotes you compare, the more chances to save.
On This Page
Free Car Insurance Comparison
Compare Quotes From Top Companies and Save
Secured with SHA-256 Encryption
American Modern
Average Monthly Rate For Good Drivers
$127A.M. Best Rating:
3.8Complaint Level:
LowPros
- Specialized coverage for non-standard vehicles
- Agreed-value coverage for classic cars
- Customizable car insurance
Cons
- No standard car insurance policies
- Not all specialty products are available nationwide
Our American Modern car insurance review compares affordable rates, starting from $127/month. American Modern insures classic, collector, and recreational vehicles but does not offer standard car insurance for personal vehicles.
It’s known for its specialized coverage throughout the U.S. and does not offer standard car insurance like other companies. This review explains why American Modern is an ideal fit for owners of specialty vehicles (Read More: 10 Best Classic Car Insurance Companies).
American Modern Car Insurance Rating
Rating Criteria 
Overall Score 3.8
Business Reviews 4.0
Claim Processing 3.5
Company Reputation 4.0
Coverage Availability 5.0
Coverage Value 3.5
Customer Satisfaction 2.3
Digital Experience 3.5
Discounts Available 4.7
Insurance Cost 3.9
Plan Personalization 4.0
Policy Options 2.5
Savings Potential 4.1
Considering all the criteria, American Modern Insurance Group still gets an overall rating of 3.8 for its customer satisfaction and claims handling. Find the best coverage for your vehicle by entering your ZIP code above.
- AMIG Insurance offers affordable coverage for collector vehicles for $127/month
- American Modern gives up to 15% discounts for bundling insurance policies
- Having a DUI increases your premium with American Modern Insurance
American Modern Monthly Car Insurance Rates
This section provides a detailed breakdown of American Modern’s monthly car insurance rates, showing affordability across various coverage options. Read on to see AMIG Insurance’s collector car insurance rates and what affects them.
American Modern Car Insurance Monthly Rates by Age, Gender & Coverage Level
| Age & Gender | Minimum Coverage | Full Coverage |
|---|---|---|
| Age: 16 Female | $307 | $526 |
| Age: 16 Male | $352 | $579 |
| Age: 18 Female | $278 | $501 |
| Age: 18 Male | $339 | $561 |
| Age: 25 Female | $183 | $349 |
| Age: 25 Male | $217 | $377 |
| Age: 30 Female | $141 | $289 |
| Age: 30 Male | $164 | $318 |
| Age: 45 Female | $113 | $238 |
| Age: 45 Male | $127 | $257 |
| Age: 60 Female | $96 | $212 |
| Age: 60 Male | $103 | $222 |
| Age: 65 Female | $92 | $207 |
| Age: 65 Male | $101 | $216 |
You will notice that American Modern car insurance prices are higher for males than females, especially for teen drivers. However, rates decrease as the client ages, as older drivers drive more carefully than young drivers.
Aside from the vehicle type, coverage level, credit score, usage, and discounts, driving history is also included in the factors that affect car insurance rates with American Modern. So, having a safe driving habit is essential to keeping your premiums affordable.
American Modern Monthly Car Insurance Rates by State
| State | Minimum Coverage | Full Coverage |
|---|---|---|
| Alabama | $120 | $180 |
| Alaska | $110 | $170 |
| Arizona | $125 | $190 |
| Arkansas | $115 | $175 |
| California | $130 | $200 |
| Colorado | $140 | $210 |
| Connecticut | $150 | $230 |
| Delaware | $145 | $225 |
| Florida | $170 | $250 |
| Georgia | $135 | $205 |
| Hawaii | $125 | $195 |
| Idaho | $110 | $170 |
| Illinois | $120 | $190 |
| Indiana | $115 | $185 |
| Iowa | $105 | $160 |
| Kansas | $110 | $165 |
| Kentucky | $130 | $210 |
| Louisiana | $165 | $240 |
| Maine | $95 | $140 |
| Maryland | $140 | $215 |
| Massachusetts | $125 | $200 |
| Michigan | $180 | $280 |
| Minnesota | $135 | $205 |
| Mississippi | $120 | $180 |
| Missouri | $125 | $190 |
| Montana | $110 | $170 |
| Nebraska | $115 | $180 |
| Nevada | $145 | $220 |
| New Hampshire | $100 | $150 |
| New Jersey | $150 | $230 |
| New Mexico | $120 | $185 |
| New York | $160 | $240 |
| North Carolina | $115 | $170 |
| North Dakota | $105 | $160 |
| Ohio | $110 | $165 |
| Oklahoma | $125 | $190 |
| Oregon | $130 | $200 |
| Pennsylvania | $145 | $220 |
| Rhode Island | $150 | $230 |
| South Carolina | $130 | $200 |
| South Dakota | $110 | $165 |
| Tennessee | $115 | $175 |
| Texas | $140 | $210 |
| Utah | $120 | $185 |
| Vermont | $100 | $145 |
| Virginia | $110 | $165 |
| Washington | $125 | $195 |
| West Virginia | $130 | $200 |
| Wisconsin | $105 | $160 |
| Wyoming | $110 | $165 |
AMIG Insurance also has different rates depending on the state because they have different threat levels, such as accidents per year or theft in the area.
Free Car Insurance Comparison
Enter your ZIP code below to view companies that have cheap car insurance rates.
Secured with SHA-256 Encryption
American Modern Car Insurance Policy Coverage
American Modern offers many insurance coverages for the special needs of drivers looking for suitable vehicle protection. Below are the coverage options they offer:
American Modern Car Insurance Coverage Options
| Coverage | Description |
|---|---|
| Liability Insurance | Covers bodily injury and damage |
| Comprehensive Coverage | Shields against non-collision damage |
| Collision Coverage | Repairs damage from vehicle accidents |
| Uninsured Motorist | Protects against accidents with uninsured drivers |
| Medical Payments | Provides funds for medical treatment |
| Specialty Coverage for Classic and Collector Vehicles | Includes agreed value, restoration, spare parts |
| Recreational Vehicle Insurance | Covers RVs, motorcycles, and ATVs |
| Roadside Assistance | Offers help in case of breakdowns |
| Custom Equipment Coverage | Insures aftermarket vehicle parts |
| Gap Insurance | Bridges the gap between loan and vehicle value |
| Rental Reimbursement | Helps with rental car expenses |
American Modern offers collector car insurance, making it an excellent option for those with special coverage needs, including classic or specialty vehicles.
Collector car insurance protects a specific niche for which American Modern Insurance is known. Owning classic and vintage vehicles nowadays can be considered a luxury because not many insurance providers offer coverage for them and because of how hard it is to secure replacement parts for them.
Luckily, some companies like American Modern are willing to take on the challenge of providing peace of mind for people who have been collectors of cars from the past. Compare car insurance by coverage type online to get the best protection for your vehicle, save money, enjoy peace of mind, and preserve the value of your collector car.
American Modern Car Insurance vs. The Competition
A couple of factors set American Modern apart from competitors — American Modern specializes in insurance for collector and recreational vehicles that most standard providers, like Geico or Progressive, don’t offer.
American Modern Car Insurance Monthly Rates vs. Top Competitors by Coverage Level
| Insurance Company | Minimum Coverage | Full Coverage |
|---|---|---|
 | $87 | $228 |
| $127 | $257 |
 | $76 | $198 |
 | $43 | $114 |
 | $96 | $248 |
 | $63 | $164 |
 | $56 | $150 |
 | $47 | $123 |
 | $53 | $141 |
 | $32 | $84 |
Finding the best classic car insurance can be challenging. Therefore, comparing American Modern car insurance quotes online is necessary to ensure you get the best protection for your collector vehicle.
American Modern Car Insurance Monthly Rates vs. Top Competitors by Driving Record
| Insurance Company | Clean Record | One Ticket | One Accident | One DUI |
|---|---|---|---|---|
| $228 | $268 | $321 | $385 |
| $257 | $298 | $345 | $415 |
| $198 | $247 | $282 | $275 |
| $114 | $151 | $189 | $309 |
| $248 | $302 | $335 | $447 |
| $164 | $196 | $230 | $338 |
| $150 | $199 | $265 | $200 |
| $123 | $137 | $146 | $160 |
| $141 | $192 | $199 | $294 |
| $84 | $96 | $111 | $154 |
Its rates ($127 a month) are competitive for more specialized coverage, even if it doesn’t always beat the wider discounts available from companies like State Farm or Allstate when you bundle policies.
American Modern Car Insurance Discounts
American Modern Insurance offers many discounts, with savings ranging from 3% to 20%. This makes it an ideal company for classic car collectors looking to save on car insurance.
American Modern Car Insurance Discounts and Potential Savings
| Discount Type | |
|---|---|
| Good Driver | 20% |
| Bundling | 10% |
| Defensive Driving Course | 10% |
| Family Plan | 10% |
| Good Student | 10% |
| Military | 10% |
| Multi-Vehicle | 10% |
| Anti-Theft Device | 5% |
| Early Signing | 5% |
| Green Vehicle | 5% |
| Low Mileage | 5% |
| Loyalty | 5% |
| New Vehicle | 5% |
| Pay In Full | 5% |
| Senior Driver | 5% |
| Student Away at School | 5% |
| Automatic Payment | 3% |
These discounts help drivers lower their premiums without compromising any crucial coverage. A safe driving record gets cheaper insurance rates, and the AMIG good driver discount offers 20% off car insurance.
Free Car Insurance Comparison
Enter your ZIP code below to view companies that have cheap car insurance rates.
Secured with SHA-256 Encryption
American Modern Insurance Ratings And Reviews
American Modern shines in its tailored policies and optional coverage, including agreed value for classic cars, which guarantees that vehicles are insured for their full appraised value. Mass-market providers tend to supply standard insurance, resulting in limited customization for niche owners.
American Modern Car Insurance Business Ratings & Consumer Reviews
Agency
Score: 825 / 1,000
Avg. Satisfaction
Score: A+
Excellent Business Practices
Score: 75/100
Good Customer Feedback
Score: 1.10
Avg. Complaints
Score: A+
Superior Financial Strength
It has downsides, though — American Modern Insurance customer service is average since it likely doesn’t have as many comprehensive digital tools or 24/7 customer service as larger companies, which can be a downside for tech-forward or round-the-clock customers.
Classic car insurance is designed and offered specifically for classic, vintage, antique, or collectible cars.
Brad Larson Licensed Insurance Agent
Yet for owners of specialty vehicles, American Modern offers a unique combination of price and customized coverage options that many big-name insurers can’t rival.
Choosing American Modern Car Insurance
Our American Modern car insurance review found many positives about this company, including niche coverage options for recreational and collector vehicles. These are the pros of choosing American Modern auto insurance:
- Specialized Coverage Options: Tailored insurance for unique or collectible vehicles.
- Agreed Value Coverage: Ensures full payout of a pre-agreed value in case of total loss.
- Customizable Policies: Flexible options to meet specific coverage needs.
However, its focus on specialized products comes with limited availability and a lack of nationwide service for certain offerings. Some negatives of its coverage:
- Limited Availability of Traditional Auto Insurance: Might not cater to standard vehicle insurance needs.
- Lack of Nationwide Service for Some Products: Coverage availability can vary by region.
Although American Modern does not offer the standard car insurance that other providers have, AMIG Insurance focuses on delivering collector car insurance for classic, vintage, and collector vehicles, starting at just $127 per month.
American Modern provides a unique balance of affordability and tailored coverage for owners of specialized vehicles that many larger insurers cannot match. Find free car insurance quotes online for your collector vehicle by entering your ZIP code below.
Your Opinion Matters!
Rate your insurance provider and provide share feedback with shoppers just like you.
Frequently Asked Questions
What is the rating of American Modern Insurance Company?
American Modern Insurance Company has an “A+” (Superior) rating from A.M. Best, indicating excellent financial stability and performance.
Does American Modern Insurance have an app?
Yes, American Modern provides a mobile app that allows policyholders to manage their insurance, pay bills, and access policy details conveniently.
What does American Modern car insurance cover?
American Modern offers the best car insurance for specialty vehicles, including coverage for classic cars, collector vehicles, motorcycles, recreational vehicles, and manufactured homes, along with additional options for custom needs.
Who owns American Modern Insurance Group?
American Modern is a subsidiary of Munich Re, one of the world’s leading insurance groups. Compare quotes with our free comparison tool to find the right car insurance near you.
Is American Modern a part of Allstate?
No, American Modern Insurance Group is a separate insurance company owned by Munich Re, a multinational insurance company based in Germany. If you want to learn about Allstate, check out our Allstate car insurance review.
Is American Modern insurance available in Florida?
Yes, American Modern operates in Florida and provides coverage for its specialized insurance products.
Which car insurance has the highest claim-settlement ratio?
USAA and State Farm typically rank among the top for high claim-settlement ratios, ensuring quick and fair resolutions. If you want to file a claim, read our detailed article on how to file a car insurance claim.
Which company is best for a car insurance claim?
Companies like USAA, State Farm, and Geico are often recognized for efficient and customer-friendly claims processes.
Who typically has the cheapest car insurance compared to American Modern?
Companies like Geico and Progressive often offer some of the lowest rates. Compare quotes now in our Geico car insurance review.
What is the highest rating an insurance company can have?
An insurance company’s highest rating is an “A++” from A.M. Best, which reflects superior financial strength and reliability.
Daniel Walker
Licensed Insurance Agent
Daniel Walker graduated with a BS in Administrative Management in 2005 and has run his family’s insurance agency, FCI Agency, for over 15 years (BBB A+). He is licensed as an insurance agent to write property and casualty insurance, including home, life, auto, umbrella, and dwelling fire insurance. He’s also been featured on sites like Reviews.com and Safeco. To ensure our content is accura...
Licensed Insurance Agent
Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.
