Classic Car

There is no uniform definition of a classic car. If a car’s value exceeds its original selling price, then it might be considered collectible and a candidate for specialized classic car insurance.  Unlike everyday vehicles, classic cars, when cared for, may gain value over the years, requiring coverage adjustments. 


Coverage for  a classic/antique/collectible car is based on an agreed upon value between you and your insurer.  This factor is one of the greatest distinctions of this policy type. Other unique aspects: 

  • In spite of the higher rates, typically you can take your vehicle to a specialized repair or restoration shop

  • Generally coverage for towing and spare parts coverage to replace valuable, unique vehicle components, are also included.

Qualifying for Classic Car Coverage

While requirements differ from company to company, most cars need to meet the following criteria:

  • Limited Use—the conditions of your policy may include mileage limitations and proof the car is being properly garaged. Insurers may require ownership of a primary car for everyday use.

  • Car Shows and Meetings— Before choosing a classic car insurer, it’s worth checking whether they have travel restrictions if you plan to take your car on regular, multi-day, high mileage drives to these shows.

  • Secure Storage—When not in use, your special vehicle must be stored in a locked, enclosed, private structure, such as a residential garage or storage unit.

  • A Clean Driving Record—You may be disqualified from classic auto insurance if you have serious offenses on your driving record, such as reckless driving, repeat speeding violations or driving while intoxicated.

What Types of Vehicles Need Special Insurance?

Vehicles that warrant classic car auto insurance include:

  • Antique and classic cars, usually at least 25 to 30 years old.

  • Hotrods and modified vehicles.

  • Exotic and luxury autos—think James Bond.

  • Muscle cars.

  • Classic trucks.

You might also seek specialized insurance for vintage military vehicles, classic motorcycles and antique tractors.