Antiques & Collectors Auto Insurance
Specialty auto policies are available to cover cars that are of a higher value and are used less frequently than the average motor vehicle, due to their collectors or antique value. These insurance policies anticipate that there are other, standard vehicles in the household that are insured on standard auto policies. For that reason, the premiums on Antique or Collectors autos are much less than the standard auto policy.
These policies generally state a maximum amount of miles that the insured vehicle can be driven in a year. They also provide for replacement of vehicle parts that anticipate the higher value and harder to find nature of classic cars. The policies usually require that the driver(s) have a substantial number of years driving experience, a good driving record and photos of the vehicle to be insured.