Insuring Your Classic Car in Canada

Owning a classic car in Canada is a great way to celebrate the past and take part in the fascinating world of vintage cars. Classic car ownership requires a level of dedication, passion and expertise that other vehicle owners may not need. However, it also requires a special type of insurance policy to protect your classic car and your financial investment.

What is Classic Car Insurance?

Classic car insurance is a type of auto insurance policy designed specifically for classic cars, vintage vehicles and antique cars. A classic car is generally any car that is 20 years old or older, and has been maintained, restored and preserved in its original condition. Classic car insurance is typically more affordable than standard auto insurance policies, since classic car owners tend to take better care of their vehicles and drive them less frequently.

What Does Classic Car Insurance Cover?

Classic car insurance typically covers the same things as a regular auto policy, such as liability, collision, comprehensive and personal injury protection. However, classic car insurance policies may offer additional coverage options, such as agreed value coverage, which pays out the agreed upon value of the classic car in the event of a total loss, rather than the actual cash value of the car at the time of the claim. Classic car insurance also typically covers spare parts, tools and accessories, as well as limited coverage for parts used to repair the car.

How Much Does Classic Car Insurance Cost in Canada?

The cost of classic car insurance in Canada varies depending on a variety of factors, including the type of car, the age of the car, the usage of the car and the level of coverage selected. Generally, classic car insurance is more affordable than regular auto insurance due to the fact that classic car owners tend to drive their cars less often and take better care of them. It is important to shop around for classic car insurance quotes from multiple providers to ensure you are getting the best rate.

How to Get a Classic Car Insurance Quote in Canada

Getting a classic car insurance quote in Canada is a relatively simple process. You can start by doing an online search for classic car insurance providers in your area. Once you have a few options, you can contact each provider to get a quote. Be sure to provide the provider with all the necessary information, including the make and model of the car, its age and its estimated value. You may also need to provide information about any modifications or upgrades you have made to the car.

Are You Ready to Insure Your Classic Car?

If you own a classic car in Canada, it is important to make sure you have the right insurance coverage to protect your financial investment. Classic car insurance is typically more affordable than standard auto insurance and can provide the extra coverage you need for your classic car. Shop around for classic car insurance quotes and compare multiple providers to make sure you are getting the best rate for your vintage vehicle.