Zaneta Wood, Ed.S. has over 15 years of experience in research and technical writing bringing a keen understanding of data analysis and information synthesis to reach a wide variety of audiences. She studied adult education and instructional technology at Appalachian State University as well as technical and professional communication at East Carolina University. Zaneta has prepared technical p...

Full Bio →

Written by

Joel Ohman is the CEO of a private equity backed digital media company. He is a CERTIFIED FINANCIAL PLANNER™, author, angel investor, and serial entrepreneur who loves creating new things, whether books or businesses. He has also previously served as the founder and resident CFP® of a national insurance agency, Real Time Health Quotes. He has an MBA from the University of South Florida. Jo...

Full Bio →

Reviewed by Joel Ohman
Founder & CFP®

UPDATED: Oct 1, 2020

Advertiser Disclosure

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.

Here's what you need to know...

  • Classic car insurance is typically less expensive than a standard auto insurance policy.
  • Specialty car insurance companies are the better way to go when it comes to insuring your classic car.
  • Specialty car insurance companies cover the agreed value of your car versus the actual cash value.
  • Learn about several companies (specialty and regular) who offer insurance for classic cars.

Classic automobile car insurance coverage can be affordable no matter what type of classic car you own. Whether you drive your classic car or use it exclusively as a show car, classic car insurance is necessary. And thankfully, you can find the coverage you need at a price you can afford.

Many classic car owners go without insurance or purchase standard auto insurance because they think classic coverage is too expensive or not needed for car shows. Neither of these assumptions is true. Actually, going without the right insurance could be costly!

Even if you don’t drive your vehicle, it’s imperative that you get car insurance. When an accident or theft happens, you could lose the investment you put into your uninsured classic car.

Whether you have always owned your classic car, just purchased one, or have restored one, having insurance coverage will help preserve its value.

We’ll show you some options and help you work through the coverage available for your classic car.

To find affordable car insurance quotes for your classic car, enter your ZIP code now!

Table of Contents

Car Insurance for Classic Cars

Many people do not drive their classic cars for everyday errands but use them exclusively as show cars. Even with limited use, accidents can still happen. There are many people coming and going at car shows, and it is actually quite common for some minor bumps and scratches to occur.

There is also the transportation of your vehicle to and from the car show — either by driving or being towed in a trailer. The risk for an accident exists in these situations as well.

When it comes to repairing a classic car, even minor bumps, dents, and scratches can be expensive to fix without insurance. Having automobile coverage on your classic car will pay for any repairs that need to take place if it is damaged at a car show.

What is the difference between classic, antique, vintage, and collector cars?

Now, before we get too far, let’s get clear on a few terms. Before you can seek coverage, it’s important to get a handle on defining your type of car.

Is your car antique, classic, vintage, or collectible?

Vehicle and age requirements can vary among different insurance companies, but overall, automobiles are considered to wear one of these labels if they meet the following general criteria:

  • A limited number of them have been manufactured
  • They maintain or increase in value
  • They are especially intriguing

Now let’s dive deeper into each category:

  • Antique – Generally speaking, if a car is more than 25 years old, it is considered an antique. Some states, however, call a car “antique” if it is at least 20 years old, while the Antique Automobile Club of America says a car must be a minimum of 45 years old. The condition of the car is also what qualifies it as an antique. A car that is an antique has usually been restored, is well taken care of, and has some resale value.
  • Classic – Typically, companies call a car “classic” if it is 19 to 24 years old, has been restored, drives well, and is worth more than other vehicles of the same make and model year. In some circles, the words “antique” and “classic” are interchangeable, whereas in others, the word “classic” means a car that is 50 years old or more. Some classic car insurance companies say a classic car can be just over 10 years old, whereas if your car was made between 1925 and 1948, The Classic Car Club of America considers yours a classic.
  • Vintage – If your car was built between 1919 and 1930, it is likely a “vintage” vehicle, but an insurance company may consider it “antique” or “classic” instead.
  • Collector – A collector car is typically one built in 1980 or later, but sometimes companies call all classic cars “collectors.”

No matter which way you slice these terms, be sure to ask your prospective insurance company about their definition of these words.

Though many car insurance companies use “classic car insurance” as an umbrella term for antique, classic, vintage, and collector cars, it’s still important to differentiate which type your vehicle is to ensure you’re getting the quality coverage you need.

With the same insurer, the policy for your vintage car would look different than a policy for someone’s collector car.

Just remember that antique, classic, vintage, and collectible cars’ values increase with time instead of depreciating. Just because a car is old doesn’t mean it should be considered a classic, antique, etc. Insuring an old car is not the same as insuring a car that fits into the aforementioned categories.

Read on to find out the types of cars classic coverage protects!

What kind of cars does classic car insurance cover?

Now that you have insight into the general “old car” definitions, you’re probably wondering what specific types of cars can be eligible for classic car insurance coverage (or “collector and classic car insurance” or “antique and classic car insurance” or “specialty car insurance” — whatever your company may call this type of insurance).

Below is a list of the types of cars most likely to get classic car auto insurance and not covered, according to Esurance, who only offers Agreed Value coverage (more on that below) as these vehicles come with higher risk:

Cars Likely Covered by Classic Car InsuranceVehicles Likely Not Covered by Classic Car Insurance
Antique Cars Camping, Off-road, or Utility Vehicles
Classic CarsVehicles Driven Daily
Classic Trucks and Utility VehiclesCommercial-Use Vehicles
1980 or Newer VehiclesMotorcycles With Performance Modifications
Modified Vehicles Vehicles Modified With Nitrous Components
Motorsports VehiclesDune Buggies
Classic Military Vehicles
Retired Commercial Vehicles
Collector Trailers
Antique Tractors
Vintage Motorcycles and Scooters
High-value Vehicles and Collections
Vehicles Under Construction
Get Your Rates Quote Now

Compare RatesStart Now →

Is classic coverage right for you? We’ll help you find the answer next.

Free Car Insurance Comparison

Enter your ZIP code below to view companies that have cheap car insurance rates.

 Secured with SHA-256 Encryption

Should you get coverage through a regular car insurance company?

Some people think that going with their family insurance company is a good idea because insurance companies typically offer a discount for multiple cars and policies, but that’s not always the best choice.

A typical car insurance company will not take into consideration the restored value of the vehicle. They only take into consideration what you paid for the vehicle or the actual cash value.

For example, if you paid $8,000 for a car that needed a lot of work and you put an equal amount of money into restoring the car, you would have spent $16,000. But now that the vehicle is in mint condition, it could sell for $50,000.

If you go with a typical policy, you would only receive $8,000 should something happen to your vehicle.

If you are thinking about skimping on insurance because you only drive your vehicle to and from car cruise events, think again. Car cruise events are often crowded with a lot of vehicles in the mix. It is one of the most likely places to receive a fender bender or worse.

Don’t jeopardize the value of your car just to save a few bucks. If you are going to spend the money to make a vehicle into a true antique or classic car, spend the money to protect your investment.

Are there Classic Car Insurance Requirements?

Not all insurance companies have qualifiers for being able to insure through their specialty car program, but some do. Here are some general requirements:

  • You must use and own another vehicle that you use for daily driving.
  • You, the driver, need to be of a particular age or older.
  • The car needs to be of a particular age or older.
  • The classic car cannot be driven for business reasons; it can only be driven for particular activities.
  • The classic vehicle has to be driven less than 2,500 miles a year.

Insurance companies dealing with antique or collectible cars do typically have stipulations as to whom they will give a policy. These stipulations often include:

  • A decent driving record
  • Ten years driving experience
  • No teen drivers or drivers with a poor record on the policy
  • Secure garage to protect the vehicle
  • Proof that you have another vehicle for daily transportation and will not be using this vehicle for high mileage driving

We’ll show you what to expect for pricing, next.

Free Car Insurance Comparison

Enter your ZIP code below to view companies that have cheap car insurance rates.

 Secured with SHA-256 Encryption

Is classic car insurance cheaper than normal car insurance?

Collectible car insurance is determined in a similar way as regular car insurance. However, coverage for classic vehicles is usually less expensive than regular car insurance because you drive your car less and probably often keep it protected in a garage and in prime condition.

Plus, a standard auto insurance policy usually does not offer enough coverage to replace or repair a classic car.

And, as the parts are typically harder to find and cost more, specialty insurance offers the coverage needed to fully repair or replace the car.

What’s more, on average, the cost of classic car insurance is 40 percent less than standard auto insurance rates. We took data from the NAIC for the average cost of full coverage by state and deducted 40 percent to give you a ballpark on what to expect (see graphic below).

Here is a breakdown by state:

bar chart of full coverage rates by state for classic car insurance

The Most Expensive States

  • Idaho – $407.93
  • Iowa – $421.48
  • Maine – $422.29
  • Wisconsin – $442.31
  • Indiana – $453.02
  • Vermont – $458.41
  • South Dakota – $460.15
  • North Dakota – $463.98
  • Ohio – $473.14
  • North Carolina – $473.45

The Least Expensive States

  • Massachusetts – $677.57
  • Connecticut – $690.64
  • Delaware – $744.34
  • Florida – $754.28
  • Rhode Island – $782.10
  • District of Columbia – $798.44
  • New York – $816.40
  • Michigan – $818.40
  • New Jersey – $829.67
  • Louisiana – $843.22

That’s a good deal!

Classic Car Insurance Discounts and Savings

You probably own’t be able to get the same discounts on antique car insurance that you would with a standard policy. A big part of your policy is insuring the value of your car, though you can keep your rates down if you have a good driving record and a good credit score.

Of course, shopping around is an excellent way to ensure that you are getting the lowest insurance rates. However, many more traditional insurance companies don’t cover antique cars, so you will want to include specialty car insurance companies in your search.

Before you select a company, you should check them out at the Better Business Bureau and ensure that they have a good reputation, especially if you are going with a specialty company.

In addition, you can check their financial ability to pay their claims through sites such as AM Best, Standards and Poor’s, and more.

You need to make sure you have an accurate assessment of the vehicle’s value. By taking this step, you’ll be able to figure out how much insurance you need for your classic car. Once you know that, you can begin to work with an agent to develop a policy that fits your needs.

Another important consideration is how often and how far you drive the car. If you only take the car out a couple times a year for parades and shows, you can have a lower mileage limit placed on the policy, thereby lowering your premium.

Finally, if you are restoring a vehicle, you will need to make adjustments to your policy after doing so because the value of the car will increase.

Keep all receipts and documentation for work that was completed on the car and take pictures throughout the process. These receipts will help determine an accurate assessment of the car’s new value so that you can increase your coverage appropriately.

Unlike with regular vehicles, the value of an antique car will appreciate over time. For this reason, it will be important to review your policy every few years to make sure that you continue to have enough coverage should anything happen.

The following are ways to save on classic car insurance:

  • Take an accident prevention course
  • Deter thieves with an anti-theft device
  • Only use your car on weekends and holidays
  • Store it during the winter
  • Own more than one car
  • Have more than one policy
  • Choose a higher deductible

Free Car Insurance Comparison

Enter your ZIP code below to view companies that have cheap car insurance rates.

 Secured with SHA-256 Encryption

Two Types of Coverage

To make sure your classic car is properly insured, you can go through a standard company that accepts Stated Value Insurance or Agreed Value Coverage. Some insurance companies offer these types of coverage, while others do not.

In Stated Value Insurance, you state the value of your car, and that is the amount for which it is insured.

Of course, you need to provide proof of the number you came up with, but keep in mind that your company may defer to the Actual Cash Value instead if that is a lower amount than the stated value. Some Stated Value Insurance requires that you carry a deductible, so make sure you discuss this with your insurer.

Agreed Value Coverage is similar to Stated Value, except that both you and the insurance company present a value based on research, you negotiate, and you come up with a number you can both agree on. This final number is what your car is insured for, period.

You want to insure your vehicle for its replacement value, not what you paid for it or what you put into it. Specialty car insurance companies — which specialize in classic/collector auto insurance — almost always stick with agreed value coverage.

Do all insurance companies offer specialty car insurance?

To start, it is important to know that not all insurance companies offer classic car insurance. The company with which you insure your regular vehicle may not offer specialty coverage, so you may have to look around.

In general, most insurance companies will give discounts if you insure more than one product with their company. If you find a company that sells both classic car and standard car insurance, you may be able to save money by insuring all of your vehicles with them.

Many of the classic cars that are being driven on the road are actually insured by standard insurance companies, so some do offer that as a policy. Standard insurance companies tend to charge more for classic car insurance premiums than specialty providers, even though they are more restrictive policies.

You may find that insuring with a specialty car company will save you more money. When you are searching for a company that offers specialty classic car insurance, one of the considerations you should take into account is whether the company is financially stable.

You can find that information out from insurance rating company A.M. Best.

Read on to learn the benefits of going with classic car insurance!

What do classic car insurers offer that differs from standard insurance companies?

You definitely should search for specialty companies, as they offer aspects of the auto policy that standard car insurance companies may not.

One situation may be that you would like to use a mechanic of your choice in the event your classic car needs repairs. You may also want to check out specialty companies if you want the car insured for the actual amount you think it is worth.

To illustrate this point, consider a car you purchased in 1974 for $1400. Dealers may now offer $15,000 for that vehicle and some people have been quoted estimates as high as $21,000.

If the vehicle is totaled and you have classic car insurance, you should expect to receive what the car is currently worth; however, if you insured that car with regular car insurance, you will be lucky to get your original $1400 back.

Keep in mind that you may need to insure with a specialty insurance company if you are looking for liability insurance at club events, would like coverage for any damage that may occur at car shows, or would like coverage during the time the car is being restored.

Other situations for which you may need specialty coverage may include shipping your classic car somewhere overseas or out of state, or desiring premiums that are flexible and based on how many miles you drive per year.

Some collector car insurance companies have unique protection features. For cars on their way to car shows, there are towing and labor plans that include the following perks:

  • emergency towing
  • roadside assistance
  • emergency lockout
  • lost key return
  • emergency travel expenses
  • theft rewards
  • personal effects protection

For cars at a car show, there are comprehensive reimbursement plans for any damage to the car, including accidental breakage to any parts of the car and even earthquake protection.

Here is a short list of benefits that collector car insurance will offer clients:

  • Agreed Value Coverage – (Here’s that term again!) The classic car owner will get the full amount that covers the value of the car in case the car is totaled.
  • Restoration Coverage – This coverage protects a classic car’s value when it is in the process of getting restored.
  • Choice of Repair Shops – The owner takes the car to a mechanic who is familiar with the special features of classic cars.
  • In-house Claims – The claim is handled by a collector automobile insurance expert.
  • Flexible Usage – The classic car owner can enjoy their car within the comforts of an insurance policy limit.

Next up, the top companies to consider for YOUR coverage!

Free Car Insurance Comparison

Enter your ZIP code below to view companies that have cheap car insurance rates.

 Secured with SHA-256 Encryption

Who Offers Classic Car Insurance?

There are several specialty car insurance companies that exclusively offer insurance for classic, antique, vintage, and collector cars, but some “normal” car insurance companies offer plans for old cars, too. Read on to learn more about a handful of companies ready to protect your prized possession(s).

#1 – Grundy Classic Car Insurance

Since the 1940s, Grundy Insurance has insured classic and antique cars. Grundy says they’re the first insurer to draft an antique auto policy. They also claim to have invented the agreed value policy. The Classic Car Club of America prefers Grundy over any other specialty car company.

With Grundy, there is no age limit when it comes to insuring your car. In fact, they have a motor vehicle program that will insure all of your vehicles under one policy.

It doesn’t matter how new or old your cars are…or whether they qualify as classic or daily go-to trucks and compact cars. And get this — it’s an agreed value policy for all of them, too!

If you collect cars, they also offer global coverage for your entire collection, maximum coverage, diminution of value, 150 percent coverage cushion, and custom premiums. Click here for more details.

#2 – American Collectors Insurance

American Collectors prides itself on satisfying customers with innovative programs and excellent service. They cover a lot of things, including earthquake damage!

If you own more than one collector car, be sure to ask about their multi-vehicle discount, and look into their discounts for mature drivers, safety features, and secure garage storage.

They offer a TLC Auto Plan, which they call the “most comprehensive emergency expense reimbursement of its kind.” It reimburses you for emergency expenses like towing, roadside assistance, getting locked out of your car, and more.

The TLC Plan comes in three affordable policy levels:

  • Silver
  • Gold
  • Platinum

Each level builds on the last with additional coverage options.

What’s more, they don’t just insure your car collection…they insure a whole slew of other collectors’ items, such as action figures, model trains, trading cards, etc. Check here for the list.

#3 – J.C. Taylor Insurance

If your classic car is at least 19 years old, you can have it insured by J.C. Taylor. They have been in the specialty insurance biz since the 1960s.

When it comes to cars, they work with the following: classics, antiques, modified vehicles, and custom vehicles. As is the case with all specialty insurance companies, they offer agreed value coverage. In fact, their slogan is, “No Hassles. Competitive Pricing. Agreed cValue.”

If you’re curious whether you and your car would be the right fit for J.C. Taylor, they make their eligibility rules clear on their website.

You must be at least 25 years old and have a good driving record (especially within the last three years), and your car must be a factory original — predominantly a hobby vehicle in good or restored condition that you keep in an entirely enclosed, locked garage.

#4 – Hagerty Classic Car Insurance

Hagerty is a leader in classic and antique vehicle insurance coverage. If your classic car is being restored, you’ll want Hagerty to cover it, especially since they offer protection for all sorts of specialty vehicles — plus more coverage for spare parts than most other companies.

You can also join the Hagerty Collector Network, which has over 225,000 members.

To determine prices, this company has their own independently published Hagerty Price Guide, which is compiled of data they collected from auctions, dealer sales, asking prices, and peer-to-peer sales.

Between access to this data, their expertise in this field, and their close proximity to the classic car market, they know what’s up when it comes to the right prices for coverage. Hagerty also runs a quality YouTube channel with classic car stories like this one:

#5 – American Modern Insurance

Aside from agreed value coverage, you can expect American Modern to offer discounts that can save you up to 45 percent, between a car club membership, anti-theft devices, and an accident prevention course.

Included in their policy is, of course, the basic coverage options typically offered by a standard auto insurance company, plus mileage plans, one liability charge for all vehicles under one plan, spare parts coverage, deductible options, and coverage for the following:

  • Towing
  • A road trip stall-out or other car disability
  • A new collector car
  • Pet coverage

Yes, that’s right — pet coverage! So, if your favorite little furry animal gets injured in your classic car, American Modern will pay up to $750 of your pet’s medical expenses.

On top of all of this awesomely included stuff, American Modern offers some additional coverage options and flexible payment plans. Sounds hard to beat, right? If you’re in the market for an American classic car insurance company, you can save a lot by going with American Modern!

#6 – State Farm Classic Car Insurance

You probably know State Farm only as a regular auto insurance company, but did you know that they also offer classic car insurance?

They define a classic car as “a motor vehicle ten or more years old, which is of special historical interest” and in their eyes, an antique vehicle is at least 25 years old. They’ll insure vehicles that fit their definition, but they don’t cover any exotic vehicles, modified cars, vintage motorcycles, etc.

They offer the following coverages:

  • Liability
  • Medical Payments/No-fault
  • Comprehensive
  • Collision
  • Uninsured Motor Vehicle/Underinsured Motor Vehicle
  • Emergency Road Service
  • Death, Dismemberment, and Loss of Sight
  • Loss of Earnings

State Farm will pay the agreed value in the event of a loss, and you can also expect up to $500 coverage for your car’s spare parts. Though they insure a lot of “normal” cars, they have a quality grasp on collector cars.

They even created their own split Camaro model as a teaching tool so their employees can understand the difference between a modified car and one that’s been fully restored to their original condition:

So if you must go with a standard auto insurance company, give State Farm a try.

#7 – Safeco Classic Car Insurance

Safeco provides coverage for antique and classic cars, modified collector cars, reproductions, replicas, restorations, and modern classic cars. Their policy does not cover as much as specialty insurers do, but if you want to drive your classic car often, they’re your best bet.

Most people who collect classic and antique cars don’t like to drive them regularly, but if your aged vehicle is your go-to, Safeco permits up to 10,000 miles for regular use — similar to a traditional auto insurance policy.

Despite the fact that they don’t cover things like spare parts or restoration, they do offer some discounts that many specialty companies do, which is cool. However, Safeco doesn’t cover kit cars, cars restored to less than 50 percent, classic race cars, or automobiles with a jet or nitrous oxide engine.

Here is a table that breaks down all the different types of classic cars each of these companies insures:

CompanyClassic/AntiqueModified/Replica/RodsKitsExotic/Special EditionMilitarySportAntique TractorsVintage Motorcycles
American CollectorsYesYesYesYesNoNoNoYes
American ModernYesYesYesYesYesYesYesYes
GrundyYesYesYesYesNoYesNoNo
HagertyYesYesNoYesYesYesYesYes
J.C. TaylorYesYesYesYesYesYesYesNo
SafecoYesYesNoNoNoNoNoNo
State FarmYesNoNoNoNoNoNoNo
Get Your Rates Quote Now

Compare RatesStart Now →

This table displays the perks of each classic car insurer:

CompanyMinimum AgeMileage Limit?Regular Use?Spare Parts CoverageRestoration CoverageInflation GuardBundling
American CollectorsNoneNoNo (with unlimited plan)$500YesYesNo
American ModernNoneNoNo (with unlimited plan)$2,000NoYesNo
GrundyNoneNoNo$500NoYesNo
HagertyNoneYesNo$750YesNoNo
J.C. Taylor19YesNoN/ANoNoNo
Safeco10YesyesN/ANoNoYes
State Farm

10YesNo$500NoNoNo
Get Your Rates Quote Now

Compare RatesStart Now →

Seek Appraisals

Appraising the classic car before deciding on insurance is very important. It helps you understand the true value of the vehicle when compared to other vehicles in the same category.

The appraisal needs to be done by a trained professional. Check out the resume of the professional before enlisting his service, and make sure that he is knowledgeable of the different makes and models of classic cars.

A car cannot be insured unless its make, model, style, and color are properly appraised.

The Vehicle Identification Number or the VIN is also noted because that is a major factor in proving the authentic value of the vehicle. The following are the actions of an appraiser when he gets a classic car on his territory.

The appraiser will:

  • Consider the true condition of the vehicle by giving it a thorough once-over
  • Examine the interior, drive it, and observe the functioning of the vehicle
  • Document all the features noted
  • Take photographs to accompany the report

Once the appraisal is completed, he will then add information and photos regarding similar vehicles in the market to compare the prices. He usually gauges this information from a variety of sales and marketing journals and auction reports.

This appraisal is very important because it decides the coverage you will probably receive. It will be a good idea to get ahold of an agency that specializes in a particular classic car because they are likely to understand your needs.

Most Popular Classic Car in Each State

With classic car shows in every state, you can bet that basically all of America shares an appreciation for classic cars. And since you’re here, we’re sure you do, too.

Other than the special old car(s) you own, you probably have a few other favorites on your list. If you’re curious about the most popular classic car in every state, including where you live, check out this colorful map:

map of top muscle car searches by state

Source

Did your car make it on the map? If this visualization isn’t your style, we’ve put them into an easy-to-read table for you:

StateClassic Car
Alabama1977 Pontiac Firebird Trans Am
Alaska1963 Chevrolet Corvette
Arizona1970 Ford Mustang Mach 1
Arkansas1968 Pontiac Firebird
California1967 Ford Mustang
Colorado1970 Chevrolet Camaro
Connecticut1949 Ford Custom
Delaware1986 Chevrolet Monte Carlo SS
District of Columbia1969 Dodge Charger
Florida1969 Dodge Charger
Georgia1969 Dodge Charger
Hawaii1962 Chevrolet Corvette
Idaho1935 Ford Pickup
Illinois1969 Chevrolet El Camino
Indiana1968 Chevrolet Camaro
Iowa1964 Pontiac GTO
Kansas1969 Dodge Charger
Kentucky1967 Chevrolet Impala
Louisiana1971 Ford Mustang
Maine1977 Pontiac Firebird Trans Am
Maryland1954 Chevrolet Bel Air
Massachusetts1969 Dodge Charger
Michigan1969 Dodge Charger
Minnesota1969 Dodge Charger
Mississippi1969 Ford Bronco
Missouri1969 Dodge Charger
Montana1969 Ford Mustang Mach 1
Nebraska1980 MG MGB
Nevada1956 Ford F100
New Hampshire1969 Chevrolet Camaro
New Jersey1969 Dodge Charger
New Mexico1969 Ford Mustang Mach 1
New York1969 Dodge Charger
North Carolina1969 Dodge Charger
North Dakota1967 Chevrolet Corvette
Ohio1969 Dodge Charger
Oklahoma1964 Ford Fairlane
Oregon1970 Ford Mustang
Pennsylvania1967 Chevrolet Nova
Rhode Island1963 Chevrolet Corvette
South Carolina1968 Chevrolet Camaro
South Dakota1960 Chevrolet El Camino
Tennessee1965 Chevrolet Impala
Texas1969 Dodge Charger
Utah1923 Ford T-bucket
Vermont1967 Oldsmobile 442
Virginia1967 Ford Mustang
Washington1958 Chevrolet Corvette
West Virginia1966 Ford Mustang
Wisconsin1969 Ford Mustang
Wyoming1965 Ford Mustang
Get Your Rates Quote Now

Compare RatesStart Now →

You’ll notice that the most popular car is the 1969 Dodge Charger, which is a favorite in 13 states! The Ford Mustang (with various model years) comes in second with its popularity in 10 states.

Antique Car Insurance for Your Chevrolet Corvette

When you look at the history of American classic and antique cars, you will find the Chevrolet Corvette as an icon in automobile history. It was released in 1953 and has always been renowned for speed and sophistication.

If you are the proud owner of one of these antique cars, then you will want to get the best antique car insurance for your needs in order to protect your asset. The better you look after your Corvette, the more the value will increase.

To ensure you have the right insurance coverage for your pride and joy, you should seek out insurance companies that specialize in the needs of a Corvette owner.

You will be able to get antique car insurance that will give you the option to purchase additional coverage if you need it. This may be needed because of extra expenses you may have paid out fixing the car up.

It is vital that you find an insurance company that has the following elements when insuring you:

  • An understanding of where the collector comes from and their age before determining coverage
  • A website that offers a wide range of coverage choices for your needs
  • Options of insurance dependent upon make, model, and mileage of the vehicle

Free Car Insurance Comparison

Enter your ZIP code below to view companies that have cheap car insurance rates.

 Secured with SHA-256 Encryption

Antique Car Insurance for Your Ford Mustang

The vintage Ford Mustang has often been a favorite for car owners and collectors. This is mainly due to how enjoyable they are to drive, as well as their look and feel.

They also have power and performance in equal measure. There is one aspect that is vital when looking to get antique car insurance for this model. Make sure that the insurance company will cover repairs by qualified engineers who specialize in these types of cars.

Most companies claim to understand the needs of antique car owners, but you should be careful to find one that truly does understand. There are some things you may wish to consider when finding the correct insurance company for your Ford Mustang.

  1. Ensure that you can sign up for insurance online and that it is a straightforward process.
  2. Make sure that the insurance restrictions are limited.
  3. Get a guarantee that if the car is damaged, it will be repaired with the best parts available.

Antique Car Insurance for Your Chevy Camaro

The Chevy Camaro was first introduced to the market in 1967. It is considered to be a car that has a light body with a heavy motor.

Antique Camaros have managed to maintain their value years from their release. Some models are highly sought after by collectors since they are extremely rare. You want the right coverage from your car insurance as these cars are normally more expensive than your typical car.

Some insurance companies are specifically designed to cater to high-value, original vehicles such as this one. They deal with small numbers of clients in order to supply you with the best information available. They can also provide you with the best quote that is best suited to your needs.

It is vital to consider the following points when finding antique car insurance for your Camaro model:

  1. A big-block SS Camaro is going to need more insurance coverage than a small-block RS Camaro.
  2. There may be an increased premium to pay on convertibles.
  3. Ensure that the coverage takes into account travel distance needed for your car.

You’ll want to understand the terms in this next section if you’re considering classic car coverage.

Free Car Insurance Comparison

Enter your ZIP code below to view companies that have cheap car insurance rates.

 Secured with SHA-256 Encryption

Compare Classic Car Insurance Quotes

The reason why most people don’t get the most value from their car insurance is that they selected the company using a hit-or-miss method.

Here are four examples:

  • They look through an automobile magazine for classic cars, hoping to stumble upon some insurance ads.
  • They receive an offer in the mail. The marketer bought their name and address from a list seller who got the owner’s personal information after they purchased something in the past that identified them as the owner of a classic car.
  • They accidentally heard an ad on the radio or saw a commercial on television directed at owners of classic cars.
  • A friend recommended the insurance company that they were using, although the insurer did not specialize in classic car insurance, just general insurance.While they may have gotten a low price, they probably did not get adequate cover for the special expenses associated with a classic car.

Savvy shoppers are familiar with the far reach of the Internet and use Google, Yahoo, or Bing to do a search for websites that take care of their specialized needs.

This method of comparison shopping for car insurance is quick and accurate because of how easy it is to find discriminating information online. In addition, the shopper can also buy classic car insurance directly online.

No matter which way you choose to shop for classic car insurance, make sure you have the following information at your fingertips:

  • Make, model, year, and type of vehicle
  • Miles driven per year
  • Modifications (if any)
  • Storage type
  • Driver history (points on license, accident history)
  • Other drivers you want covered

Other Things to Consider With Classic Car Insurance

Always read your policy carefully. Some classic car policies treat your car like a decoration rather than a vehicle, restricting how many miles you can drive per month or per year. If you plan on driving your classic car, shop around for a policy that has a higher mileage limit or no mileage limit at all.

Other restrictions may exist on an insurance policy for a classic car. The insurance company might require that you own another car to use daily or that the classic car can only be driven under certain specified conditions.

Check up on all of these restrictions before you sign a new policy, or ask about them on your current policy.

Don’t try to lie to your insurance agent to get around these kinds of limits. You might get a lower rate now, but you will run into trouble if you need to file a claim.

In addition, knowingly giving wrong information in this manner to your insurance company is considered fraud and could even result in criminal prosecution.

Don’t let these factors overwhelm or confuse you while trying to insure your classic car. As long as you shop around and compare policies before buying, and always read your policy completely before signing anything, you shouldn’t run into problems.

If you work with a specialty insurance company for your classic car, you’ll have a much easier time with your policy and get better coverage. You’ll probably end up saving money, too!

Enter your ZIP code now to get multiple quotes for FREE.

Frequently Asked Questions

What is the difference between the Agreed Value and Stated Value Insurance coverage?

Stated value insurance is based on what you stated your car is worth, but of course you need to provide proof of that number first. Your insurer can then decide to cover the value you stated or the Actual Cash Value; they’ll go with the lesser amount.

Agreed value (also known as guaranteed value) is based on what you and your insurer decided your vehicle is worth. You both take into account the following: photos, appraisals, and any other documentation needed to determine value. Your insurer will guarantee that they will pay this value when coverage is needed.

How is classic car insurance different from regular car insurance?

Classic or antique car insurance is often cheaper than regular car insurance because you are not driving the vehicle regularly, in most cases.

Another major difference between classic and regular car insurance is the way the value of the vehicle is determined.

Classic car insurance offers options particular to the needs of classic car owners, while regular car insurance companies offer more standardized coverage types.

What types of classic cars do providers insure?

It ultimately depends on the company, but companies that offer classic car insurance will usually cover the following:

  • Antique and classic cars
  • Classic trucks and utility vehicles
  • 1980 or newer vehicles
  • Modified vehicles
  • Motorsports protection
  • Classic military vehicles
  • Retired commercial vehicles
  • Collector trailers
  • Antique tractors
  • Vintage motorcycles and scooters
  • High-value vehicles and collections
  • Vehicles under construction

What types of cars are not covered under classic car insurance?

Typically, classic car insurance doesn’t cover the following vehicles:

  • Camping, off-road, or utility-type vehicles
  • Vehicles driven on a daily basis
  • Commercial-use vehicles
  • Motorcycles with performance modifications
  • Any vehicle modified with nitrous components
  • Dune buggies

How old does my car need to be to qualify as classic?

Usually 19–24 years old. There are some exceptions, as companies may define the term “classic” differently and consider a classic car to be as young as 10 years or as old as 50 years.

Do I have to keep my classic car in a garage?

If you want to lower the chances of weather damage or theft to your special car, you should keep it in a garage that is fully enclosed and secure. Many classic car insurers require that you do this.

Are there any classic car insurance companies that don’t require a garage?

Yes, there are companies who do not require garaging. However, you need to be up front that this will be the case, and do your research thoroughly to ensure you don’t run into problems if you need to file a claim.

I Run a Classic Car Limousine Service. Can I get coverage?

You can get insurance coverage in general, but it’s more difficult to come by classic car insurance for classic limousines, specifically. Safeco, for example, doesn’t offer classic car coverage for classic limos because they “do not cover classic cars used for any delivery, business, or commercial purpose.”

What’s an attendance clause, and does the classic car insurance provider have one?

An attendance clause requires that you stay close to your collectible vehicle no matter where it is. Most classic car insurers deem this clause unreasonable and do not include it as a part of their coverage.

Do I have to insure my other cars with my classic provider?

You don’t have to, but some classic car insurers will give you a discount if you place more than one classic car on your policy. If you’ve found a specialty insurer like Grundy, you can even lump in everyday cars, too — not just the oldies.

Is it cheaper to insure a classic car?

Though sometimes it all breaks down to the nitty-gritty details between car insurance companies, it is typically cheaper to insure a classic car with classic car insurance. That is, you can save an average of 40 percent, especially if you go with a specialty car insurance company.

Free Car Insurance Comparison

Enter your ZIP code below to view companies that have cheap car insurance rates.

 Secured with SHA-256 Encryption

How do I get the best auto insurance for my classic car?

The average car insurance rates for classic cars are $77.40/mont. When deciding the right amount of car insurance for classic cars, you should follow the recommended liability limits on your state’s insurance website.

  • If you want to get special classic car insurance for your vehicle, it should not be driven on a daily basis
  • There are some recommended liability limits to consider when determining how much insurance you should purchase
  • You should compare prices; make sure all the criteria is the same in each comparison so your quotes are truly comparable

Classic cars are enjoyable hobbies for many individuals. Purchasing insurance on the vehicles is relatively easy as long as you stick to the rules.

Usually, classic cars are not driven on a daily basis. The extent of their mileage is to attend classic car exhibitions and shows, or perhaps to drive on a perfect summer day with no chance of storms or hail to damage the car.

Start comparing auto insurance rates now by using our FREE tool below!

Rules for Insuring Classic Cars

  • Valuation agreed between the purchaser and the insurance company—usually based upon a professional appraisal
  • A vehicle not driven on a daily basis, i.e. commuting, running errands, or other daily use
  • Drivers duly licensed with the state
  • Few violations on the driver’s record
  • A vehicle other than the classic car should be provided for other drivers of the household
  • Storage in an approved garage, barn, or enclosed structure
  • Physical damage insurance is required

Free Car Insurance Comparison

Enter your ZIP code below to view companies that have cheap car insurance rates.

 Secured with SHA-256 Encryption

Suggested Insurance for Classic Cars

Because, even though the vehicle is a specially valued car, you plan to drive it occasionally, you must comply with the laws in your state for basic liability to be sure that it is legal to drive the vehicle on public roads.

Recommended limits may be found on your state’s insurance website or you may follow these recommendations:

  • Bodily injury liability – $100,000 per person/$300,000 per accident to defray your liability to others in an accident
  • Property damage liability – $50,000 per accident to cover your liability for damage to others’ property. You may wish to purchase more than this considering the risks of driving around other classic cars
  • Medical payments coverage – $10,000 to help pay the costs of medical treatment for you and your family in an accident
  • Uninsured or underinsured motorists coverage – $100,000 per person/$300,000 per accident in the event that someone without insurance or with little insurance is in an accident with you
  • Comprehensive insurance coverage – to pay for damage to the automobile itself in the event of a fire, vandalism, theft, animal damage, windstorm, flood, and hail or other such incidents
  • Collision insurance coverage – to pay for damage to the auto itself in the case of collision with another automobile or fixed property

A deductible on comprehensive and collision coverage will be required, based upon the valuation of the automobile and your needs.

This deductible is usually modified somewhat to consider the possibility of salvage to parts and the automobile. Consult with your insurance agent for details on this.

Free Car Insurance Comparison

Enter your ZIP code below to view companies that have cheap car insurance rates.

 Secured with SHA-256 Encryption

Can I Get Classic Car Insurance?

Many companies will sell you classic car insurance. Consult the Internet by using a search engine and entering the term, “classic car insurance,” in the search field.

You will find a plethora of insurance companies to sell you this type of insurance.

Note that, in most search engines, the top five to eight entries are paid advertisements for this type of insurance. This is not necessarily a bad thing, but you should be aware of this.

Shopping for Classic Car Insurance

In any situation, comparison pricing can save you money on insurance. Obtain estimates by providing the following information to each company you approach:

  • Limits of liability you want
  • Physical damage coverage desired, including the appraised valuation of the vehicle
  • Drivers’ names, license numbers, and addresses for all drivers in the household and pertinent driving records
  • Source (company or agency) where you purchase primary insurance for automobiles driven daily
  • Deductible you want on physical damage

If modifications to the vehicle have been made, be certain to disclose these to the insurance company because some modifications can invalidate your insurance.

Be prepared to answer questions about the restoration of the vehicle you wish to insure; when it will be used; and where it is stored.

Be a Wise Consumer

Obtain at least three separate quotations from insurance companies for your needs, just as you do with your ordinary insurance. Investigate the legitimacy of the insurance company by consulting the following:

  • Your state’s insurance website
  • For claims and rating information, consult the NAIC
  • To determine the solvency of the insurance company, consult A. M. Best ratings
  • Look at the ratings for the company on the Standard and Poor’s website to verify

Compare quotations carefully to make certain that they are discussing the same type of insurance.

You may wish to consider such things as breakdown coverage that includes sending a flatbed carrier to the place your car is located. This prevents damage to valuable vehicles from towing incidents.

Once you receive the policy, read it carefully so you understand what is and is not covered under the policy. Classic car insurance can be used to the advantage of fraud artists, so be cautious.

Start comparing car insurance rates now by entering your ZIP code in our FREE tool below!

Modified Classic Car Insurance

Modified classic car insurance is different from typical auto insurance. Modified classic car insurance policies have mileage limits, storage requirements, and rates that are dependent on the car’s age and condition.

  • Your vehicle must meet certain qualifying factors in order to be considered a classic car
  • Buying from a specialty insurer rather than a mainstream insurance company is usually better for classic car owners
  • Classic car insurers may limit mileage, so check for one that allows greater distances and also allows you to choose your own body shop for repairs

One of the popular hobbies today is owning, working on, and showing classic cars. This can be an expensive pastime in itself, but you also need to insure your car, which raises your expense. In order to cut costs, you need to find the best modified classic car insurance for the most affordable price.

Start looking for car insurance quotes today by entering your ZIP code in the box above now!

Modified classic car insurance has its own special niche in the insurance market, and it’s often better to buy from a specialized insurer rather than a general insurance company. However, your specific circumstances can make a difference.

Basic Qualifications for Modified Classic Car Insurance

mustang

Modified classic car insurance is a unique form of insurance, and you and your vehicle must meet certain requirements in order to qualify. A car is considered to be classic if it’s 15 years or older. The age requirement varies from state to state.

  • In order for your classic car to be eligible for modified classic car insurance, you must not use it for everyday transportation. You can drive your car for recreation, like to clubs, car shows, etc., but you can’t use it to commute to work, do errands, or for similar daily activities.
  • There is usually a limit of 2,500 miles per year, but you can always buy modified classic car insurance with more miles. The only way you can drive your classic car regularly is to buy normal car insurance for it.
  • A car has to be in its original condition in order to be considered classic. If it’s not, you must restore it before insurance companies will insure the car as a classic.
  • The last requirement for your car is for it to be stored in a garage or locked storage facility. It cannot be stored in a carport. This protects the car from vandalism, theft, and the weather.

Insurance companies also have qualifications you personally have to meet. In order to get modified classic car insurance, you must be 25 years old, have at least 10 years driving experience, and have a clean driving record. After you have determined you and your car meet all these requirements, you are ready to search for the best modified classic car insurance policy.

Types of Insurance for Modified Vehicles

There are three types of modified classic car insurance policies for you to consider: standard actual cash value policies, stated value policies, and agreed value policies.

  • The rates of a standard actual cash value (ACV) policy are calculated by only considering the age of the car. Your classic 1965 Honda would only be insured as a 45-year-old drivable vehicle, regardless of how good of shape it is in.
  • Stated value policies allow you to state the value of your car, but the insurance company is not committed to pay the full amount if your car gets damaged. For example, if you insure a car for $200,000 and at the time you make the claim the car is worth $90,000, then that’s all the insurer is obligated to pay.

Neither type of policy will consider the value of all the modifications you did to restore your car to peak condition when determining your insurance rates. In agreed value policies, you discuss the value of your car with an insurance agent and decide what your car is worth. Once you set an agreed value, your insurance company has to honor it and pay the appropriate amount in the case of an accident.

In order to negotiate an agreed value, collect documentation of your car’s market value and save the receipts for all the parts you bought to restore it. Keep in mind that even if you bring all this paperwork when you meet to decide on an agreed value, the worth you settle on probably won’t equal the actual value. Still, the price of an agreed value insurance policy is usually a lot better than the prices of stated value or standard ACV policies.

Free Car Insurance Comparison

Enter your ZIP code below to view companies that have cheap car insurance rates.

 Secured with SHA-256 Encryption

Factors to Consider While Researching Modified Classic Car Insurance Policies

There are many variables you should consider during your search for modified classic car insurance:

  • Some insurance companies offer agreed value rates, while others will only consider the actual value of the car when deciding your insurance rates.
  • Do you plan on modifying your car during the term of your policy? If you do, make sure to choose an insurer that will consider these changes and adjust your rates accordingly throughout your term.
  • Many people who own classic cars like to drive to car shows that might not be in their immediate area. If you’re one, pick an insurer that will offer you a policy allowing more mileage – some offer up to 6,000 miles per year. But if you don’t need many miles, don’t get a policy that has a lot. More mileage equals more money.
  • Be sure to decide on a company that will let you choose your own repair shop. Otherwise, you might be forced to have your car fixed by the cheapest repair shop in town. This is not the best choice for a classic car.
  • As always when buying any kind of insurance, be sure the company you buy from is legit and has good backing. If you make a claim, you want to know that someone who’s knowledgeable about modified classic cars is appraising the damage. Also, you want to make sure that your company is in good financial standing with a positive outlook; this will guarantee that it can handle any claims you might need to file in the future.

The Difference Between Standard Insurers and Specialty Insurers When Buying Modified Classic Car Insurance

When you consider purchasing a classic car, you should think of it as an investment. Before you buy the car, research modified classic car insurance policies. You can buy modified classic car insurance from general insurance companies like Geico, Progressive, or State Farm, or you can go to specialty insurers. While most insurance companies offer policies to insure classic cars, it is often better to use an insurer that specializes in modified classic car insurance.

  • Specialty car insurance companies realize that the car’s value on paper is less than the actual value and will work with you to set a reasonable baseline for its worth. They will put less weight on the car’s mileage than generic insurance companies because they know that driving is not the main function of a classic car. Specialty insurers usually give you lower rates on modified classic car insurance than most car insurance companies because of the limited use, protective storage, and agreed value.
  • People who own modified classic cars take great pride in what they have done with them. You might have bought parts and done a lot of work to restore your vehicle to mint condition. Or you could be still in the process. Regardless, you want your modified classic car insurance to take all the money, time, and effort into account when developing a policy and setting your rates. Specialty car insurance companies will be willing to do this, but normal insurance companies may not.
  • Regular insurance companies might not even want to insure your car because of your unique situation. They will give you quotes and take you on as a client, but they might discourage you from being insured through them by charging higher premiums for mediocre coverage.

Unlike specialty insurance companies, they might not consider your car’s unique value and instead give you a generic policy.

If you decide to get a modified classic car insurance policy from a regular insurer and your car needs repairs, the insurer could send you to a typical body shop that might not have the specialized tools needed for your car.

This might do the vehicle more harm than good.

You could save hundreds of dollars by using a specialized insurance company that will treat you on an individual basis rather than going to a mainstream insurer that might not even want your business.

Whichever type of insurance company you decide to go with, there is one universal piece of advice: shop around. Don’t buy the first good car insurance policy you see. Browse the Internet for good deals and compare them.

Make it easy on yourself and compare car insurance quotes by entering your ZIP code in the box now!

How to Find the Best Classic Car Insurance Coverage Online

Classic car insurance is most useful when coverage is specific to your car. Ordinary car insurance is more expensive and may not cover what your car needs, so having it appraised for the best classic car insurance is crucial. Comparing cheap classic car insurance rates online will help you save.

  • If you have an antique car, you need coverage specific to the make and model
  • You should have your car appraised to find what it’s worth before choosing an insurance plan
  • Compare multiple quotes before choosing an insurance carrier

Owning an antique car is prestigious; however, before going out on the road with it, make sure the car insurance is in order.

It is a total waste of money to purchase ordinary car insurance for classic cars.

Many insurance providers offer a special type of insurance for classic cars. Make sure you thoroughly understand everything about this insurance before applying for it. Insurance companies have experts to find the best policy suited for vintage cars.

Enter your ZIP code and compare classic car insurance quotes from multiple companies today!

Search for Classic Car Insurance Quotes

Without much effort, it is now possible to find the absolute best quotes on classic car insurance; there are several online options for applicants.

This website provides insurance quotes from hundreds of insurance companies. Once an applicant enters the relevant information, he is presented with a number of highly accurate quotes.

These quotes can then be saved for further research.

The information that is entered in the prescribed fields should be honest, or you won’t get an accurate quote.

Some of the information that one must supply to apply for online quotes are:

  • Age, make and model of the car
  • Category of classic cars this particular car belongs to
  • Accurate personal information
  • Driving History
  • Occupation
  • Type of use
  • Claim history

The No Claim Discount is very important; it signifies the number of years the applicant has held the policy without filing a claim or having a claim filed against him.

This information is very important to get an accurate quote. Without this information, the company will not be able to generate an accurate premium.

Free Car Insurance Comparison

Enter your ZIP code below to view companies that have cheap car insurance rates.

 Secured with SHA-256 Encryption

In spite of all this, the quotes that one acquires from different insurance companies may vary greatly.

These changes depend upon the different statistics followed by different companies. They also employ different methods to calculate premiums.

In addition, there are some companies that specialize in certain types of cars. So, try to identify the company that specializes in the make of the car that is being applied for.

You may even be able to get a discount.

Consider Modifications

There are companies that recognize the modifications done to a car and they will work out the premium according to those modifications.

Insuring modified cars is more costly because there is the general idea that people who modify their cars are either reckless or dangerously fast drivers.

Some people modify their vintage cars so they last longer, drive better, and have some modern security features. People totally devoted to their vintage cars will go to any lengths to protect their car.

Seek Appraisals

Appraising the classic car before deciding on insurance is very important.

It helps you understand the true value of the vehicle when compared to other vehicles in the same category. It’s also equally mandatory that the applicant does it with the help of a trained professional.

Check out the resume of the professional before enlisting his service and make sure that he is knowledgeable of the different makes and models of classic cars.

A car cannot be insured unless its make, model, style and color are properly appraised.

The Vehicle Identification Number or the VIN is also noted because that is a major factor in proving the authentic value of the vehicle. The following are the actions of an appraiser when he gets a classic car on his territory.

The appraiser will:

  • Consider the true condition of the vehicle by giving it a thorough once over
  • Examine the interiors, drive it and observe the functioning of the vehicle
  • Document all the features noted
  • Take photographs to accompany the report

Once the appraisal is completed, he will then add to his report information and photos regarding similar vehicles in the market to compare the prices.

He usually gauges this information from a variety of sales and marketing journals and auction reports.

This appraisal is very important because it decides the coverage the applicant will probably have to take. It will be a good idea to get hold of an agency that specializes on a particular classic car because they are likely to understand the applicant’s needs.

Car Insurance for Classic or Antique Cars

There are hundreds of insurance companies out there and they all have their own definitions for antique cars.

A car is called classic when the vehicle is 15 to 30 years old. The car should be in good, usable condition, and it should not be used as a primary or commercial vehicle. There are three types of insurance for classic cars:

  • Actual Cash Value (ACV) – After the car is appraised, it is then insured at the appraisal value, which decreases as the years pass
  • Agreed Value (AV) – This is recommended by most insurance providers. The car is insured, and the amount is calculated and decided on while purchasing the vehicle
  • Stated Value (SV) – The insurer has to pay for the stated value of the vehicle, which is normally lower than the ACV

Obviously, when it comes to car insurance, classic car owners have needs beyond a standard policy. Use the free rate tool provided to assess the cost and benefits of several policies.

Enter your ZIP code to compare classic car insurance quotes from multiple companies now!

Cheap Classic Car Insurance Rates

Cheap classic car insurance is available in all states, especially Idaho, where classic car insurance rates are as cheap as $56.66/mo. Less drive-time allows companies to offer cheap classic car insurance rates.

  • If you own a classic car and it’s either time to renew or get new insurance, you will need a good car insurance quote
  • With so many different types of car insurance policies offering and so many different insurance quotes, it may seem like a difficult task to find the best one for your classic automobile
  • Classic car insurance rates can be as cheap as $56.66/mo (Idaho rates)
  • If you shop for car insurance the right way, you will be able to save money and enjoy the type of coverage that you need

Sometimes, you get a lot of services that don’t add up to much value in the end, which means that you may have to sort through a lot of junk that simply raises the price of the premium and does nothing to improve the quality and extent of the coverage.

By shopping prudently, you can dispense with the bells and whistles and save real money by just buying what you need to safeguard the investment of your classic car.

Enter your ZIP code to receive multiple car insurance quotes for FREE!

Special Needs of Classic Cars

Insuring a classic car is not easy because classic cars are insured in different ways than regular cars. Classic cars often need different levels of protection and insurance services than regular cars.

For instance, they are driven less, but when damaged spare parts may be hard to find and extremely expensive. In addition, classic cars can only be fixed by mechanics that specialize in vintage models, so they cannot just be taken to any garage.

One main difficulty owners of classic cars have is that the car is seldom used and only brought out seasonally for car shows in spring and summer.

While car owners often get around this difficulty by only insuring it when it is back on the road again, this does not protect the car when it is in storage. For instance, the car is not protected from fire or theft.

How to Look for an Insurance Quote

There are actually two ways to look for insurance quotes: the one that most people use and the one that savvy insurance shoppers use.

A. How to get classic insurance quotes the way most people do:

The reason why most people don’t get the most value from their car insurance is because they selected the company using a hit-and-miss method.

Here are four examples:

  • They look through an automobile magazine for classic cars, hoping to stumble upon some insurance ads.
  • They receive an offer in the mail. The marketer bought their name and address from a list seller who got the owner’s personal information after they purchased something in the past that identified them as the owner of a classic car.
  • They accidentally heard an ad on the radio or saw a commercial on television directed at owners of classic cars.
  • A friend recommended the insurance company that they were using, although the insurer did not specialize in classic car insurance, just general insurance.
  • While they may have got a low price, they probably did not get adequate cover for the special expenses associated with a classic car.

B. How to get classic insurance quotes the way savvy shoppers do:

Savvy shoppers are familiar with the far reach of the Internet and use Google, Yahoo, or Bing to do a search for websites that take care of their specialized needs.

This method of comparison shopping for car insurance is quick and accurate because of how easy it is to find discriminating information online.

In addition, the shopper can also buy their insurance directly online.

What to Look for on a Classic Car Insurance Site

There is a huge difference between a website that sells collector car insurance from one that sells general insurance policies.

A specialized website is able to offer lower premiums and better coverage compared to a regular insurance website.

Here is a short list of benefits that collector car insurance will offer clients:

  • Agreed Value Coverage – The classic car owner will get the full amount that covers the value of the car in case the car is totaled
  • Restoration Coverage –This coverage protects a classic car’s value when it is in the process of getting restored.
  • Choice of Repair Shops – The owner to take the car to a mechanic who is familiar with the special features of classic cars.
  • In-house Claims – The claim is handled by a collector automobile insurance expert.
  • Flexible Usage – The classic car owner can enjoy their car within the comforts of an insurance policy limit.

A classic car insurance company will insure all types of vehicles such as:

  • Antiques and classic cars
  • Muscle cars
  • Exotic and special interest cars
  • Street rods
  • High-quality replicas
  • Low riders
  • Vehicles being actively restored

A typical collector car insurance company will not insure any kind of regular vehicles, any kind of commercial vehicles, or any kind of off-road, utility, or camping vehicles.

In addition, they generally do not consider the following classic cars:

  • Kit cars that don’t replicate classic cars
  • Street cars modified with features of a racing car
  • Motorcycles modified to increase performance
  • Vehicles run on nitrous systems
  • Dune buggies

Some insurers have some competitive insurance rates for these kinds of modified vehicles.

Added Insurance Services

Some collector car insurance companies have unique protection features.

For cars on their way to car shows, there are towing and labor plans that include emergency towing, roadside assistance, emergency lockout, lost key return, emergency travel expenses, theft rewards, and personal effects protection.

For cars at a car show, there are comprehensive reimbursement plans for any damage to the car, including accidental breakage to any parts of the car and even earthquake protection.

Enter your ZIP code below and we will help you find low cost classic car insurance by sending you multiple car insurance quotes for FREE!

References:

  1. http://www.aaca.org/
  2. https://www.classiccarclub.org/
  3. http://www.carsdirect.com/classic-cars/the-difference-between-antique-and-classic-cars
  4. https://www.esurance.com/insurance/classic-car
  5. https://www.cbsnews.com/news/are-you-missing-out-on-car-insurance-discounts/
  6. http://carcruiseguide.com/events/
  7. https://www.progressive.com/classic-auto-insurance-guide/
  8. https://www.cbsnews.com/news/why-use-credit-scores-to-set-car-insurance-rates/
  9. https://www.bbb.org/
  10. http://ambest.com/
  11. http://www.standardandpoors.com/home/en/us
  12. https://www.hagerty.com/apps/valuationtools/search/auto
  13. http://hhrvresource.com/sites/default/files/dfiles/Stated_vs_Agreed_Value.pdf
  14. http://www.autoblog.com/2011/02/19/insurance-standard-vs-agreed-value/
  15. http://www.wsj.com/articles/SB121737402789495041
  16. http://www.consumerreports.org/cro/2012/12/how-to-find-a-great-car-mechanic/index.htm
  17. http://www.edmunds.com/driving-tips/roadside-assistance-who-ya-gonna-call.html
  18. https://www.allstate.com/tools-and-resources/car-insurance/what-is-comprehensive-auto-insurance.aspx
  19. http://www.americancollectors.com/
  20. http://www.auto-insurance-claim-advice.com/restoration-coverage.html
  21. https://www.grundy.com/
  22. https://www.grundy.com/mvp/
  23. https://www.grundy.com/car-collections/
  24. https://americancollectors.com/plans/tlc/overview/
  25. https://americancollectors.com/plans/collectibles/what-we-insure/
  26. https://www.jctaylor.com/
  27. https://www.jctaylor.com/what-we-insure/
  28. https://www.jctaylor.com/eligibility-rules/
  29. https://www.hagerty.com/
  30. https://www.hagerty.com/valuationtools/about/
    -our-prices
  31. https://www.amig.com/insurance/collector-car/collector-car-details/
  32. https://www.statefarm.com/insurance/auto/antique-classic-cars
  33. https://www.safeco.com/products/classic-car-insurance
  34. http://www.naifa.com/?page=What_is_an_Appraisal
  35. https://www.carmd.com/wp/where-is-my-vin/
  36. https://ccnwordpress.blob.core.windows.net/journal/2018/07/top-muscle-car-search-map.jpg
  37. http://www.chevrolet.com/culture/article/iconic-chevys.html
  38. http://www.caranddriver.com/features/ford-mustang-through-the-years-a-retrospective
  39. http://www.edmunds.com/chevrolet/camaro/history/
  40. http://netforbeginners.about.com/od/internet101/ss/The-Best-Search-Engines-of-2015.htm
  41. http://www.iii.org/article/insuring-your-classic-car
  42. http://www.insureuonline.org/consumer_auto_ten_tips.htm
  43. https://www.safeco.com/products/classic-car-insurance#FAQs