Classic & Antique Car Insurance
Get modern protection for your classic or antique vehicle investment, whether you’re enjoying it on the road or preserving it in storage. Classic and antique car insurance adds another level of coverage against damage, theft, vandalism and accidents.
The basic types of classic car insurance available include:
- Comprehensive and Collision – Agreed Value – An agreed upon fair value determination of the value of your classic car. This is what the provider will pay to you in the event of a covered total loss, minus any applicable deductible. Agreed value is a better assessment than “actual cash value” or “stated value” that some policies may cover.
- Liability – This extends coverage to an accident involving your classic that may cause others property damage or injury.
- Medical Expenses – This policy pays for medical costs incurred by you or others in your car who are harmed as a result of an accident in your classic vehicle.
Depending on how much you drive your classic auto, you may want to inquire about whether your policy has a mileage limit. Most collector cars should be driven less than 5,000 miles a year to retain their value.
Roadside assistance may also be another consideration, especially if you plan to take your classic car out for an afternoon spin or for a longer trip.