
Collectible cars often require a special type of auto insurance policy
Yes, can get auto insurance coverage on a collectible car. However, sometimes you may require a different type of auto insurance policy specially designed for collectible or antique vehicles. This type of policy may vary from a standard car insurance policy in the following ways:
- Flexible Mileage- Since a collectible car is not typically your primary vehicle, you can typically select the annual mileage on the car if you have an antique car policy
- Spare Parts Coverage- Some collectible car policies offer special coverage for the classic spare parts you will need if your vehicle is damaged in an accident or other claim.
- Inflation Guard- Most policies will offer an inflation guard which increases your car’s value every 3 or 6 months as your car appreciates value over time. Some policies will do this at no additional cost to the insurer.
- Automatic Coverage for Additions- A policy designed for antique vehicles will usually offer up to 30 days instantaeous coverage for any new vehicles added to your collection up to limits listed in your policy.