Do I need Special Auto Insurance for my Antique Car?
Answer:
Yes. Antique cars require a different type


of auto insurance than your everyday car that you use to haul groceries and travel to and from work. Because of their collectability and increased value, antique cars have different replacement cost needs. You may or may not be able to insure the antique car through your current insurance company.

A special policy that allows you and your insurer to come up with an agreed insured value will help avoid any misunderstandings. For example, if you bought the antique car and restored it, your purchase price may be dramatically different than the car’s actual value. You and your insurance company can come up with an agreed upon value and get the appropriate amount of insurance to cover any potential losses.
 
Since antique cars are not regularly driven and spend most of their time in the garage, rates may be lower than you expect if you go through an insurance company that specializes in covering collector and antique cars. This is because the less you are on the road with the car, the less the chances of loss are.
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