The Ultimate Guide to Insuring Your Classic or Collectible Car

March 8, 2025

For car enthusiasts, a classic or collectible car isn’t just a vehicle—it’s a prized possession, an investment, and often a labor of love. Whether you own a meticulously restored muscle car, a vintage roadster, or a unique collector’s edition, protecting your classic ride with the right insurance is essential. Unlike standard auto insurance, classic car insurance is designed specifically for vehicles that hold historic, sentimental, or investment value.

Why Standard Insurance Isn't Enough

A standard auto insurance policy is based on a vehicle’s actual cash value (ACV), which depreciates over time. However, classic and collectible cars often appreciate in value, making standard coverage insufficient. That’s where agreed value coverage comes in—ensuring that in the event of a loss, you receive the full insured value of your car, rather than a depreciated amount.

What Qualifies as a Classic or Collectible Car?

Each insurer may have different criteria, but in general, classic or collectible cars include:

Classic cars (typically 20+ years old)
Antique cars (at least 25 – 30 years old)
Muscle cars (American performance cars from the ’60s and ’70s)
Exotic or luxury cars (rare or high-end models)
Street rods and hot rods (custom-built or modified vehicles)
Limited-production models (unique or historically significant cars)

Key Features of Classic Car Insurance

Agreed Value Coverage — Your car is insured for an agreed-upon amount, protecting its full value.
Specialized Repair and Restoration Coverage — Covers restoration costs and allows repairs with original parts.
Limited-Use Policies — Designed for vehicles used for car shows, exhibitions, and occasional leisure drives (not daily commuting).
Spare Parts Coverage — Protects rare or expensive replacement parts.
Towing and Roadside Assistance — Many policies offer roadside services specific to classic cars.

How to Qualify for Classic Car Insurance

To be eligible for a classic car policy, insurers typically require:

Proper Storage — Your vehicle should be stored in a locked garage, climate-controlled facility, or secured structure.
Limited Mileage — Most classic car policies restrict annual mileage (e.g., under 5,000 miles per year).
Proof of Value — An appraisal or documentation of restoration and upkeep may be required.
Clean Driving Record — Insurers often prefer experienced drivers with a good record.

Protect Your Investment with the Right Coverage

Whether your classic car is a weekend cruiser, a showpiece, or an appreciating investment, insuring it properly is just as important as maintaining it. At Sablich Insurance Group, we specialize in finding custom coverage for classic and collectible cars, ensuring that your treasured vehicle is protected with the best possible policy.

Contact us today to discuss your options and keep your classic car safeguarded for years to come! Raise Your Expectations.

Sablich Insurance Group is licensed in Pennsylvania and New Jersey.