In the USA, classic and old car insurance is widely available and tailored specifically for vehicles that are considered collectible, vintage, or historic. This type of insurance offers special coverage that differs from standard auto insurance policies.
🚗 What Is Classic or Old Car Insurance?
Classic or collector car insurance is designed for:
- Classic cars (typically 20–40 years old)
- Antique cars (usually 45+ years old)
- Vintage cars, muscle cars, hot rods, or rare models
These vehicles are often:
- Not used for daily commuting
- Maintained in excellent condition
- Stored in secure garages
- Driven occasionally (e.g., exhibitions, parades, leisure)
🛡️ Key Features of Classic Car Insurance in the USA
| Feature | Details |
|---|---|
| Agreed Value Coverage | You and the insurer agree on the car’s value up front (not depreciated) |
| Lower Premiums | Because they’re rarely driven and well-maintained |
| Mileage Limits | Usually restricted to 2,500–7,500 miles/year |
| Storage Requirements | May require indoor, locked, or climate-controlled storage |
| Restoration Coverage | Some policies include or offer options for vehicles under restoration |
| Spare Parts Coverage | Covers theft or damage of rare replacement parts |
| Roadside Assistance | Optional classic-specific roadside service |
✅ Eligibility Requirements (Common)
- Car is usually 20–25 years or older
- Used occasionally, not daily
- Proof of garage or secure storage
- Clean driving record
- You must have a regular-use car for daily driving
🏆 Popular Classic Car Insurance Companies in the USA
- Hagerty
- Most popular provider for classic cars
- Offers agreed value, restoration coverage, and even classic car market trends
- Grundy
- Offers “full value” insurance with no deductible
- Unlimited mileage for pleasure driving
- American Collectors Insurance
- Includes spare parts and inflation guard
- Heacock Classic
- Specialty coverage for high-value vehicles
- State Farm, GEICO, Progressive
- Offer classic car policies in partnership with specialty providers (like Hagerty)
📌 Note:
You cannot insure a classic car with regular auto insurance and expect the same level of coverage or valuation — it must be specifically insured as a classic/collector vehicle to receive proper protection.