It takes more than age to make it a classic car. A collector car isn’t just a way to get around. It’s an investment that will continue to appreciate in coming years. Protect your investment with a classic car insurance policy.
Not all classic or antique cars are used the same, so we will work with you to select the appropriate policy to accommodate coverage needs, miles driven, vehicle age, and vehicle modifications to make sure you have the best policy to meet your needs when shopping for classic car insurance. Here are some features you should look for when shopping for classic car insurance or collector car insurance:
- Agreed Value: This means the provider will pay you the full (agreed to) amount in the event of a covered total loss, less any applicable deductible. This type of coverage is much better than “actual cash value” or “stated value” that you may get with some companies.
- Low Rates: Why pay full-time insurance when you drive your collector car only part-time.
- Coverage Options: Not all collector cars are the same, so we can work with you to determine the right amount of coverage to meet your specific needs.
- Generous Mileage: You’re proud of your collector car, so drive it. Not all insurance companies have a mileage limit, but most collector cars should be driven less than 5,000 annual miles to maintain their value.
- Roadside Assistance: Whether your down the street or on a classic rally through the mountains, you’ll want to find coverage that will flatbed your car to the closest qualified repair facility.
Frequently Asked Questions about Classic Car Insurance
Do I need to insure my classic car when I am not driving it?
You’ll want to maintain classic car insurance even if you’re not driving it. In the event the vehicle is destroyed in a fire, stolen or vandalized, you’ll want coverage to protect your classic car from these risks. Additionally, classic car insurance is typically less to insure because the companies that insure them know you aren’t typically driving them all the time.
What companies offer classic car insurance?
Several great insurance companies offer classic car insurance. If you call an independent insurance agent, they can quote your classic vehicle with multiple companies so you can compare coverage and pricing options.
Why is classic car insurance less than normal auto insurance?
Classic cars are usually limited to how many miles you can drive them. Therefore, because they are being driven less, the cost of insurance is typically less.
