Classic Car Insurance — Protect What Your Vehicle Is Actually Worth
Standard auto insurance depreciates your vehicle at every renewal. Classic and collector car insurance protects your vehicle at its true agreed value — the amount you and the carrier agree it's worth — with no depreciation at claim.
What independent advice means for collector car coverage.
Standard auto policies are designed for daily drivers — vehicles that depreciate over time. Classic and collector cars appreciate. Insuring a collectible vehicle on a standard auto policy means accepting depreciated actual cash value at a loss, which can leave you significantly undercompensated.
Classic car policies are built around agreed value — you and the carrier establish the vehicle's value at policy inception, and that's what gets paid at a total loss. No depreciation, no negotiation, no argument about current market value.
Your Policy works with specialty classic and collector car carriers to find coverage that fits your vehicle, your usage patterns, and your storage situation — whether you have one prized vehicle or a curated collection.
What sets classic car coverage apart
- Agreed value — you're paid the full stated amount at total loss
- No depreciation — unlike standard auto policies
- Flexible mileage — usage limits tailored to how you drive
- Spare parts and restoration coverage
- Transit and transport coverage to shows and events
- Multi-vehicle collection discounts available
- Coverage available for vehicles under restoration
What's covered.
Classic car insurance goes well beyond standard auto — built specifically for vehicles that appreciate and deserve protection to match.
Agreed Value Coverage
The cornerstone of classic car insurance. You and the carrier agree on the vehicle's value at policy inception — and that amount is paid in full at total loss. No depreciation, no ACV dispute, no surprise at claim time.
- Full agreed value paid at total loss
- No depreciation applied
- Value set at policy inception
- Annual review available
Physical Damage
Comprehensive and collision coverage for your collector vehicle — protecting against theft, fire, weather events, vandalism, and collision damage. Repairs use OEM or period-correct parts where available.
- Collision coverage
- Comprehensive — theft, fire, weather
- OEM and period-correct parts
- Agreed value basis
Liability Coverage
Bodily injury and property damage liability when you're at fault in an accident. Classic car policies offer competitive liability limits — and some carriers include personal umbrella options for collector vehicle owners.
- Bodily injury liability
- Property damage liability
- Uninsured motorist coverage
- Medical payments coverage
Roadside & Transit
Coverage for towing, flatbed transport to shows and events, and emergency roadside assistance tailored to classic vehicles — which may require specialized equipment or carriers.
- Flatbed towing included
- Transit to shows and events
- Emergency roadside assistance
- Trip interruption coverage
Spare Parts & Tools
Coverage for spare parts, restoration components, and specialty tools used to maintain your collector vehicle — typically as a scheduled addition to the core policy.
- Replacement parts in storage
- Restoration components
- Specialty tools and equipment
- Scheduled at agreed value
Garage & Storage Coverage
Some classic car carriers offer coverage for the structure housing your vehicles, or for vehicles in storage during off-season periods. We'll review whether this adds value to your program.
- Off-season storage coverage
- Garage structure protection
- Climate-controlled storage
- Long-term storage endorsements
Vehicles Under Restoration
Coverage for collector vehicles in active restoration — including non-operable vehicles and those being stored awaiting work. Agreed value established at the vehicle's projected completed value.
- Partial restoration coverage
- Non-operable vehicle coverage
- Parts in transit covered
- Value based on completed vehicle
Frequently Asked Questions
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Most classic car carriers define eligibility by age (typically 15–25+ years), condition, and usage. Vehicles must generally be in good to excellent condition, stored properly, and used for pleasure driving rather than daily commuting. Some carriers also cover special interest vehicles — replicas, kit cars, and modified vehicles with significant collector value.
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Classic car policies typically include annual mileage limits — often 2,500–7,500 miles per year — to reflect limited pleasure use rather than daily driving. Some carriers offer flexible or unlimited mileage programs for active drivers. We'll match the mileage option to how you actually use the vehicle.
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Actual cash value (ACV) is what a standard auto policy pays at total loss — the vehicle's depreciated market value at the time of the claim, which is usually less than what you paid and far less than what a collector vehicle is worth. Agreed value is the amount you and the carrier established at policy inception — it's paid in full at total loss, no depreciation, no negotiation.
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Yes — several classic car carriers offer coverage for vehicles in active restoration, including non-operable vehicles. Coverage is typically based on the vehicle's projected completed value. We'll find carriers that accommodate your restoration timeline.
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For most collector vehicles worth insuring at agreed value, a separate dedicated classic car policy is the right approach. Standard auto policies don't offer agreed value and aren't designed for limited-use collector vehicles. That said, we'll review both options and show you what each provides.
Protect your collector vehicle the right way.
Standard auto insurance wasn't built for collector cars. Let Your Policy advisors find agreed value coverage that protects what your vehicle is actually worth.
Get a Classic Car Quote