Classic Car Insurance

All vehicles need auto insurance, and owners of vintage, antique or collectible cars need to make an additional investment in classic auto insurance. This coverage is designed to protect specific ownership liabilities associated with these unique vehicles, which have different assets than the average car.

Keats Insurance Agencies is committed to assisting owners of classic vehicles by creating a plan that will satisfy both coverage needs and cost expectations. Call us at (800) 871-1992 or click here to request your free quote now!

More About Classic Car Insurance

What is Classic Auto Insurance?

Classic car insurance is nearly the same as a traditional auto insurance policy–it helps drivers cover the unexpected costs and issues with their insured vehicle. The only difference is the type of vehicle it insures.

Classic car insurance policies are designed specifically for vehicles that classify as antique, classic or restored. These vehicles can vary from a 1952 Roadmaster to a 2021 Aston Martin, and you should speak to your agent to learn whether your exact car qualifies for coverage.

How Does Classic Car Insurance Work?

Often, classic vehicles are very hard to repair or replace and will present a significant investment loss if an issue ever occurs. Classic car insurance includes the benefits that are adequate to address your financial needs following any such hazard or problem.

A feature of a classic car insurance policy is agreed value coverage, which means you and your insurer agree on the value of your car based on an appraisal. Many classic car insurers also offer special coverages for things like displaying your vehicle at car shows, as well as having expertise in the repair of exotic vehicles.

However, like with standard auto insurance, you will file a claim against classic auto insurance for vehicle damage, accident lawsuits and other losses. Your policy will contain specific benefits that reach beyond the limits of standard coverage to assist with your particular vehicle.

What Does Classic Car Insurance Cover?

Your classic auto plan can contain many familiar benefits, such as:

Comprehensive Coverage: This provides compensation for damages to the vehicle caused by fire, wind, hail, lightning, smoke, theft, vandalism and other incidents not involving a collision.
Collision Coverage: This provides compensation for damages to the vehicle caused by a collision with another vehicle or object.

Liability Insurance: This covers bodily injury and property damage you may cause someone else (like another driver) while operating the insured classic vehicle. Most states require this coverage from every driver.
Medical Payments Coverage: This covers you and your passengers’ medical bills after an accident, no matter who caused the accident.
Uninsured/Underinsured Motorist Coverage: This insurance covers damages related to an accident involving another driver who is not carrying insurance.
Roadside Assistance Coverage: This helps with trip interruption costs - such as running out of gas or needing to be towed.

However, you will need more expansive benefits that apply to classic cars, such as:

Auto Show Medical Reimbursement Coverage: This covers injuries someone may suffer at an exhibition featuring your car.
Traveling Coverage: This can cover expenses if your vehicle breaks down, such as lodging and a rental car.
No Attendance Required Coverage: This covers damages if you are away from your vehicle, such as if you leave it at a show.
Spare Parts Coverage: If you have spare parts for your vehicle, you can insure them with classic car insurance.

How Old Does A Car Have to Be to Qualify for Classic Car Insurance?

Typically, your vehicle must classify as a classic car under your state’s laws. Often, you are required to register these vehicles as a classic when you buy them. Generally, vehicles must be: