Classic Car Insurance Guide 2025
Protect your prized classic, antique, or vintage vehicle with specialized collector car insurance that understands your car's true value.
What is Classic Car Insurance?
Classic car insurance is specialized coverage designed for collector vehicles, antiques, and vintage automobiles. Unlike standard auto insurance that uses depreciated actual cash value, classic car policies typically use "agreed value" coverage, ensuring you receive the full insured amount if your vehicle is totaled.
Classic car insurance often costs less than standard auto insurance because these vehicles are typically driven less frequently and stored more carefully than daily drivers.
What Qualifies as a Classic Car?
🚗 Classic Cars
Typically 20-45 years old. Popular models that have maintained or increased in value.
🏛️ Antique Cars
Usually 45+ years old. Historical significance and original condition are key factors.
⭐ Exotic Cars
High-performance luxury vehicles like Ferrari, Lamborghini, or limited editions.
🔧 Modified/Custom
Hot rods, resto-mods, and custom-built vehicles with significant modifications.
Agreed Value vs. Actual Cash Value
✓ Agreed Value (Classic)
You and the insurer agree on your car's value upfront.
If totaled, you receive the full agreed amount.
No depreciation applied to payouts.
✗ Actual Cash Value (Standard)
Insurer determines value at time of loss.
Depreciation reduces your payout significantly.
May receive far less than your car is worth.
Classic Car Insurance Requirements
- •Age requirement: Vehicle typically must be 15-25+ years old
- •Limited mileage: Usually 2,500-5,000 miles per year maximum
- •Secure storage: Must be kept in a garage or enclosed structure
- •Daily driver: Must own a regular-use vehicle for everyday transportation
- •Clean driving record: Good driving history required
Average Classic Car Insurance Costs
| Vehicle Value | Annual Cost | Monthly Cost |
|---|---|---|
| $15,000 - $25,000 | $200 - $400 | $17 - $33 |
| $25,000 - $50,000 | $400 - $700 | $33 - $58 |
| $50,000 - $100,000 | $700 - $1,200 | $58 - $100 |
| $100,000+ | $1,200 - $3,000+ | $100 - $250+ |
Protect Your Classic Investment
Get specialized coverage that understands your vehicle's true worth.
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