Antique / Collector Car Insurance

Why purchase Antique Car Coverage over your Standard Auto Insurance?

Antique/Collector Car Insurance

  • Agreed Value*
  • Competitve Pricing
  • Liability rates based on annual mileage
  • One liability charge for entire collection based on total mileage

Standard Car Insurance

  • Actual Cash Value or Stated Value**
  • Higher Premiums
  • Limited credits based on utilization
  • Liability premiums apply to each unit

Request a quote for your antique car insurance today!

*Agreed Value

The amount the insured and company agree to at the policy inception date. That is, if a vehicle is written at a $10,000 value, $10,000 will be paid in the event of a total loss.

**Actual Cash Value/Stated Value

A total loss is adjusted to the lesser of:

  1. The amount shown on the insurance policy
  2. The actual current value of property
  3. The amount necessary to repair or replace the property

Stated value coverage accounts for any depreciation which might occur during the policy term. Newer vehicles which cannot yet be considered classic autos based on age are generally written on a stated value basis.