Classic Car Insurance

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A standard auto policy will pay you book value. That is the problem.

Classic and collector car policies are written on agreed value, so the number in the policy is the number you get. No depreciation argument, no adjuster valuing a restored car like a used one.

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The Basics

Agreed value is the whole point.

Standard auto policies pay actual cash value, meaning market value minus depreciation. On a car you have spent years and considerable money restoring, that calculation is not close to what the car is worth or what it would cost to build again.

A collector policy sets the value up front, in writing, with you and the carrier agreeing. If the car is totaled, that is what gets paid. Premiums are often lower than standard auto too, because these cars are driven less and stored better.

  • Agreed value set before a loss, not after
  • Coverage for parts, tools and works in progress
  • Choice of repair shop, including marque specialists
  • Often lower premiums than a daily-driver policy

Typical Requirements

  • • Enclosed, locked storage
  • • Another vehicle for daily driving
  • • Limited annual mileage
  • • Clean driving records in the household
What’s Included

Core protections on a collector policy

Agreed Value

The figure you and the carrier set, paid in full on a total loss.

Liability

Standard auto liability for the miles you do drive.

Spare Parts

Parts inventory, tools and memorabilia stored with the vehicle.

Restoration in Progress

Rising value coverage while a project car is being built.

Shows & Events

Coverage while at car shows, club events and on the way there.

Specialist Towing

Flatbed towing and roadside built for vehicles that should not be dragged.

Common Questions

Classic Car FAQs

How old does a car have to be?
It varies by carrier and it is not only about age. Modern collectibles and limited-production cars often qualify. What matters more is how it is stored, how much it is driven, and whether it is a collectible rather than a daily driver.
Can I drive it whenever I want?
Most policies allow pleasure driving with an annual mileage cap, and some carriers have relaxed those limits. Commuting and errands generally are not permitted, so tell us honestly how you use the car.
How is the agreed value set?
Usually from appraisals, receipts, auction comparables and photos. If the car appreciates or you finish more work, the value can be raised at renewal.
Is my project car covered while it’s apart?
Yes, with a policy written for a restoration in progress. Coverage can step up as the build progresses, rather than insuring a finished car you do not have yet.

Let’s get the value right, in writing.

Bring your appraisal or your receipts and we will build the policy around them.

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