The Ultimate Guide to Classic Car Insurance

Owning a classic car is a unique joy, as these vehicles are more than just transportation—they’re pieces of history. To keep your classic car safe, it’s important to have the right insurance. Here’s a straightforward guide to help you understand classic car insurance.

What is a Classic Car? Classic cars are usually categorized as:

• Antique Cars: Over 45 years old and preserved in original condition.
• Vintage Cars: Between 20 and 45 years old, may be restored or original.
• Classic Cars: At least 25 years old with historical or collectible value.

Special Insurance Needs for Classic Cars Classic cars have special requirements:

• Agreed Value Coverage: You and the insurer agree on the car’s value beforehand, ensuring you get that full amount in a total loss.
• Limited Mileage: Since classic cars aren’t typically daily drivers, many policies limit how many miles you can drive annually.
• Expert Appraisals: Some insurers might ask for a professional appraisal to accurately set the car’s value.

Types of Coverage for Classic Cars Here are the main types of insurance to consider:

• Liability Coverage: Covers costs if you’re at fault in an accident causing damage or injury to others.
• Comprehensive Coverage: Protects against theft, vandalism, and damage from natural events.
• Collision Coverage: Pays for repairs to your car after an accident.
• Uninsured/Underinsured Motorist Coverage: Important if the other driver in an accident lacks adequate insurance.
• Roadside Assistance: Adds peace of mind by providing help like towing and emergency services.

Conclusion Protecting your classic car with the right insurance is crucial. By understanding what makes classic car insurance different, you can rest assured that your beloved vehicle is well-protected. Ready to insure your classic car? Contact us today for expert guidance tailored to your needs.