Antique Car Insurance: What You Need To Know To Get Proper Coverage For Your Classic Ride

Vintage things are valuable possessions. Items like vinyl records, antique furniture, and classic cars are all high-priced, and as such, their owners make it a point that they are always in good condition. If you’re a vintage, antique or classic car collector, or if you own one or two, it’s important to get yourself equipped about antique car insurance.

Still new about this term? Read on because we’re here to guide you!

Classic Vs. Antique Vs. Vintage

There’s a thin line separating classic from antique cars and antique from vintage cars. In some states like Michigan, an automobile is considered antique as long as it is used only as a collector’s item and was manufactured at least 26 years ago. The Antique Automobile Club of America, on the other hand, considers cars that are 40 years old and above eligible to fall under the said category.

Car insurance providers also have their own set of definitions classifying “old” cars. Generally, they follow these:

Classic. Cars that are at least 10 years old are qualified to be called classic, as long as they have also attained some historical interest because of the scarcity or of their intricate design and workmanship.

Antique. Autos that are at least 25 years of age are considered antique cars, granted that they are still in good running condition. They may or may not also be credited as “antique” under the US Department of Motor Vehicles.

Vintage. Though still vaguely defined, cars that were manufactured between the years 1919 and 1930 are recognized as vintage cars.

Factors Affecting Antique Car Insurance Coverage

Car owners know how vital it is to take extra care of their wheels. This safekeeping becomes more serious when it comes to antique cars as this type of vehicle is unique and highly-valued. Therefore, car insurance for these autos is different from the policies that cover your everyday vehicle.

Before signing into this special kind of car insurance, know that what the insurance pays you is the so-called “agreed value” of our car. This amount is determined through a professional appraisal. Oftentimes, the amount of the agreed value is different from the “stated value” that you typically know.

If you’ve decided to get an antique car insurance, it pays to know these following factors and criteria that affect your insurance coverage:

Driving Record

All car insurance firms look into one’s driving track record before letting him qualify for an insurance. The same holds true if you’re applying for your antique car. If you’ve obtained offenses like drunk or reckless driving, your insurance application can be disqualified.


Your prized antique auto needs to be securely stored when not in use. Insurance providers are keen on knowing whether you have a special private structure or a storage unit that can keep your vehicle safe.

Restrained Use

Most policies include mileage limitations, restraining the use of your car to auto club events, parades, and the likes. As your antique car is not meant for everyday use, there are companies that even require clients to provide proof that they have a separate automobile for practical use.

While we know you love your antique cars, make sure you have antique car insurance to provide more protection for your precious property. Contact Insurance Brokers Of Maryland today!