Getting Auto Insurance for Your Collector Car

What is a Collector Car?

A collector car, also known as antique car or classic car, is a vehicle that is at least 15 years old, with a low annual mileage and well-maintained by its owner. Collector cars are usually kept in good condition with the intention of increasing in value. Many collector cars are restored to their original condition and are often put on display at car shows or used in parades.

How Collector Cars Are Insured

Collector car insurance is different from regular auto insurance. Regular auto insurance is designed for everyday use and covers the cost of repairs and medical expenses due to an accident. Collector car insurance, on the other hand, is designed to protect the car’s value, so it covers the cost of repairs and replacements due to an accident or other mishap. It also pays for legal expenses if the owner is sued.

How Much Does Collector Car Insurance Cost?

The cost of collector car insurance varies depending on the make and model of the car, its age, and the driving record of the owner. It is important to shop around for the best price and coverage. Some insurance companies offer discounts for certain types of collector cars, such as those that are rarely driven or those that are kept in a garage.

What Coverage Does Collector Car Insurance Offer?

Collector car insurance typically offers comprehensive coverage, which pays for repairs due to an accident, fire, theft, or other mishap. It also includes coverage for medical expenses, legal expenses, and liability coverage. Liability coverage pays for any damage to another person’s property or injuries caused by the owner of the collector car.

Do You Need Collector Car Insurance?

If you own a collector car, you should consider purchasing collector car insurance. Regular auto insurance may not provide enough coverage for a collector car, and the cost of repairs or replacements due to an accident can be very expensive. Collector car insurance can provide peace of mind and protect the value of your car.

Get a Quote for Collector Car Insurance

If you own a collector car, you should shop around for the best coverage and price for collector car insurance. An independent insurance agent can help you compare quotes and provide advice on the best coverage for your needs. They can also answer any questions you may have about collector car insurance.