Does Auto Insurance Cover Classic Cars?

​A classic car may receive some coverage from standard auto insurance, but it might not cover the vehicle's entire value. This is so that typical insurance can determine the value of a car based on factors like age, mileage, and depreciation. If you own an antique or vintage vehicle, classic car insurance may be necessary to safeguard it.

What is Classic Car Insurance?
Classic car insurance offers unique coverage options and expert service catered to the needs of classic automobile owners, which may not be offered by a standard auto insurance carrier.

Classic Car Insurance Coverage
The owner and insurer decide the amount of coverage for the vehicle under a classic car insurance policy. You can raise your coverage limit if the value of your antique car rises over time. It should include standard auto insurance coverages such as:

• Comprehensive
• Collision
• Bodily injury liability
• Property damage
• Restoration or repairs

Other Benefits of Classic Car Insurance
The other main benefit of classic car insurance is that these companies specialize in working with rare, collector, or antique cars. Further specialized coverages include:

• Towing service
• The increased cost of replacement
• Auto show medical assistance
• Coverage for spare parts

How Can You Become Eligible for Classic Car Insurance?
When determining whether a car qualifies for classic car insurance, more factors are taken into account than only its age and worth. Mileage restrictions may be included in a classic car insurance policy, and some insurers demand documentation showing the car is properly stored and you have another vehicle for daily use. You might need a spotless driving record to get a classic automobile insurance policy.

Conclusion
Classic car insurance is offered for custom or historic cars. The benefits and cons are similar, but the sorts of vehicles eligible for coverage may vary. But, if a classic car has been upgraded or repaired, it can be worth more than its depreciated value. So, a typical auto insurance policy could not fully cover the cost of repairs after an accident.

At Auto Express Insurance, we do our best to ensure that our clients are well-protected with affordable and comprehensive policies. We will go the extra mile to help you with your needs. To learn more about how we can help you, please contact our agency at (832) 232-4655 or Click Here to request a free quote. Topics and coverage discussed in this article are not guaranteed, consult with your agents to determine what your policy does and does not cover. We are more than happy to help!