What type of insurance do you need for a classic car?

If you own an old or classic car, you might need classic auto insurance to protect it. Classic auto insurance is a special type of policy that helps protect classic cars or classic cars. Definitions of a classic car may vary, but the Insurance Information Institute (III) says that a car is considered a classic when it is at least 25 to 30 years old.

Conventional auto insurance can also help protect other high-quality vehicles such as muscle cars, hot rods, vintage military vehicles, and exotic or luxury vehicles, III says.


Standard auto insurance may provide some coverage for a classic car, but may not cover the full value of the vehicle. This is because standard guidelines take age, mileage and depreciation into account when determining a car’s value.

For example, if a classic car has been adapted or restored, it may be worth more than its depreciation. Therefore, regular auto insurance may not be enough to cover the cost of repairing after an accident.


Conventional auto insurance typically includes coverage similar to standard auto insurance, such as B. Collision, property damage, and bodily injury liability.

Unlike conventional cars, which are insured on the basis of their actual cash value (including depreciation), conventional auto insurance covers the vehicle for an amount agreed between the owner and the insurer. And as the value of your classic car increases over time, you can adjust your coverage limit to reflect its value.

Classic auto insurance also helps pay for repairs or restorations if your classic car is damaged. These costs are generally much higher than the cost of repairing a regular car. It can also help pay for the replacement of classic parts like wheels and engine components that are hard to find and expensive to buy out of pocket.


When qualifying for conventional auto insurance, more than the age and value of a vehicle is taken into account. The III indicates that you will probably have to meet other requirements. For example, a vehicle covered by conventional auto insurance generally cannot be used for daily driving. Conventional auto insurance may have mileage restrictions, and some insurers require proof that the car is properly stored and that you have another vehicle for routine driving.

With some insurers, you can drive the vehicle to auto shows and auto club events. Otherwise, you may need to purchase specific coverage for these types of trips, says III. In addition, the insured vehicle should generally be stored securely in a private garage or other locked facility when not in use.

Insurers may also require you to have your own driver’s license to purchase or renew conventional auto insurance.

A local representative can answer your questions and review coverage options so you can choose the insurance that best meets your needs.