Classic Car Insurance

Collector's Car Insurance

Also known as collector's car insurance, this is a specialized category of insurance on autos that are valued highly not only in monetary terms but also in appreciation and even affection.

Each insurance company will usually have a list of classic auto it will insure so check out what you may be able to get before buying a car no matter what the year is. And your annual driving mileage will have to be low, some limiting it to no more than 5,000 miles per year and you will not be allowed to use it commuting to and from work, business or commercial use, racing or for even daily errands. You may only be allowed to drive it to and from car shows and for use in parades. You may be required to keep it under lock and key like other valuables when not in use.

Here are some definitons of various classifications for automobiles but note that these are only general in nature. Each specific insurer will have its' own.

	Classic Vehicle - usually categorized as 20 to 24 years old from the present year but each company can have its own definition. Some say it has to be pre-1973
	Antique Vehicle - a minimum 25 years old from the present year
	Exotic Vehicle- is a specific model/make/condition and 15 years old that is considered to have special value
	Street Rod - usually manufactured before 1949 that has been modified but retains the original desigh/identity
	Custom vehicle - like a Street Rod but manufactured after 1949
	"Kit" vehicle - kit car that can be classed like an Exotic vehicle depending on model/year
	Veteran Cars: made before 1903
	Vintage Cars: Made in the years between 1903 and 1933

Note that you can get insurance on the appraisal value of your auto or on an "Agreed Value". This agreed value is something that is worked out between your and the insurer. 

Learn about pay as you drive insurance plans

Disclaimer: This website is for informational purposes only. We do not make any recommendations to buy or sell any specific insurance product or to provide any financial or legal advice. For that information you should contact your broker, banker, lawyer or other professional. The information on this website is strictly provided for information purposes only.