What is Classic Car Insurance?

What is Classic Car Insurance?

Is This the same as Basic Car Insurance?

The short answer is no.  The longer answer will take some explaining.  Basic insurance is for newer cars and covers just the basic things like liability, collision and comprehensive coverage.  This insurance is a different class all together and is meant to provide coverage for collectable vehicles.  There are certain criteria which must be met.

Types of Vehicles

There are three types of cars which must meet eligibility requirements.

Veterans: cars manufactured on or before the early 1900’s.  Edwardian, which were produced between 1905 and 1918, and limited, which are rare or limited editions. Check with your insurer for the exact

 Age Limitations

Most states require that a car be great than 14 years old to be considered a classic car.  In some states the age is raised to 25 years.  There are some exceptions such as cherished vehicles or rarity, but again, it would be best to check with your preferred insurance agent to see if your car qualifies.

Driver Background

Aside from the age of the car, there maybe an age attachment when it comes to the owner or drive of the car. This too varies from state to state and insurance company, so some research maybe necessary to find if your car qualifies. Furthermore, insurance companies are very picky about the driving history and number of years the driver or owner has.   While vintage care insurance maybe a little lower in the premium department, they will still have to pay out a lot of money if the car is damaged in an accident.

Storage Requirements

To qualify, classic cars must be kept under a cover in a highly secured area.


A classic car cannot be your primary vehicle.  If you drive it every day, for instance, it will not qualify.  It is not to run errands around town.  There is also a mileage restriction which must be taken into account and can not exceed a predetermined number of miles per year.  Check with your insurance company for precise details.


So classic car insurance is not for the new car freshly driven off the lot.  It is for the oldie goodies and must meet certain criteria to be considered classic.  As always, it is a good idea to check with your insurance provider if you are looking to insure what you think is a classic. 

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