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Classic and Collector Car Insurance Coverage

Protect your classic and exotic car with a company that specializes in classic car insurance coverage.

Classic 1973 Porsche 911 RS.jpg

What Is Classic Car Insurance?


Classic car insurance policies are made specifically for car collectors, and the policies offer more comprehensive and additional coverage than a typical auto insurance policy. Classic car policies are much less expensive than standard auto insurance policies and offer much better coverage, more suited to collector car values.

Classic car coverage is generally only offered with companies specializing in coverage specific to collector cars. However, besides collector cars, the companies can also offer coverage for exotic vehicles.

Classic car companies offer "Agreed Value" coverage for your vehicle, which means the value of the car is guaranteed, and in the event of an accident, the value you state will be paid to you. On the other hand, regular auto insurance offers actual cash value or stated value coverage which means the depreciation is calculated in the claim payment. Furthermore, claims service is much more specialized to classic and collector cars, including in-house specialists to track down replacement vehicles parts and resources.


What are Classic Car Insurance Requirements

  • Vehicles that are 20 years or older.

  • High-value or exotic cars.

  • Classic or exotic cars with low yearly mileage.

  • You must have a separate primary daily driver insured elsewhere.

  • Good driving record.

RADwood Classic Cars

Classic car insurance is perfect for RADwood vehicles. RADwood is a car show that pays tribute to the automobile culture of the 1980s and 1990s. The car show combines period-appropriate attire and automotive design. RADwood is a period-correct event that captures the essence of a fantastic time for cars, trucks, and bikes from 1980 to 1999.

RADwood cars are a perfect example of newer vehicles that now qualify for classic car insurance coverage.

Examples of cars that would qualify for classic car insurance coverage; Ford Bronco, Acura NSX, Porsche 944, Porsche 911, Datsun 270Z, Nissan 300Z, Mitsubishi 3000GT, Ford Mustang, 84-89 Toyota 4Runners, Subaru Impreza, Toyota MR2, etc.

Classic Vs. Normal Auto Insurance

  • Agreed Value/Guaranteed Value claim payments

  • No comprehensive or collision deductibles

  • Trip interruption coverage

  • Spare Parts Coverage

  • Expert claims service.

What Kinds Of Cars Are Eligible For Classic Car Insurance?


For the most part, your vehicle is eligible if it is over 25 years old, collectible by nature, exotic or high value, and driven infrequently. You can even insure replica vehicles as long as it is over 25 years old and meets the other requirements.

Classic Car Insurance-Agreed Value


Standard auto insurance claims are based on "actual cash value" coverage, which means if your vehicle is involved in an accident and damaged, typical auto insurance companies will calculate depreciation in the final claim payment.

Classic Car Insurance Cost

Classic car insurance premiums are significantly less expensive than standard auto insurance because the vehicles covered on these policies are driven much less frequently, resulting in fewer accidents and injuries. Classic car coverage is geared for the weekend and nice day drivers.

Is classic car insurance cheaper?

Yes, more frequent driving results in more accidents, which is why a standard auto insurance policy typically costs more. Classic car insurance companies specialize in vehicles that are not used on a daily basis, and the cost is typically much less expensive.

Classic Car Insurance Companies


We work with several classic car insurance companies and can offer multiple quotes to find the best options for you and your classic car.

Companies we represent:

  • Hagerty

  • American Collectors

  • Progressive

Classic Car Insurance Quotes

Classic car insurance policies are much less expensive, and "Agreed Value" coverage gives you additional protection for your vehicle that is not available with traditional auto insurance. Getting a quote for your classic or exotic car is easy with the Overmyer Insurance Agency. We will quote your coverage with the companies we work with and find the best options.

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