However, insuring these prized possessions requires a specialized approach. Standard auto insurance policies are not designed to account for the unique value, usage patterns, and care associated with collector vehicles. Classic car insurance fills this gap, but it comes with specific eligibility criteria designed to protect both the insurer and the owner.

Understanding these requirements is crucial before you apply. Here are the common eligibility standards for classic car insurance.

1. Vehicle Age and Classification
The most fundamental requirement is the car’s age. While definitions vary by insurer, a vehicle typically must be at least 15 to 25 years old to qualify. Some policies may use classifications like:
* Antique: Often 25+ years old.
* Classic: Usually 15-24 years old, or a vehicle of notable historical interest.
* Collector Car: A broader category that can include modern collectibles, limited editions, or exotic cars.
* Vintage: Generally pre-1960s or pre-war vehicles.

2. Primary Usage: Limited Mileage
Classic car insurance is predicated on the assumption that the vehicle is not used for daily transportation. You must agree to a strict annual mileage limit, typically ranging from 1,000 to 7,500 miles per year. These miles should be for pleasure driving, exhibitions, club activities, or maintenance—not commuting or routine errands.

3. Secure and Proper Storage
To mitigate risk, insurers require that the classic car be stored in a secure, enclosed, and locked facility when not in use. This is usually a private garage. Storage in a carport, on a public street, or in an open driveway often disqualifies a vehicle from classic policy rates.

4. Excellent Condition and Maintenance
The vehicle must be in good to excellent restored or original condition. It should be fully functional, well-maintained, and not used for parts or in a state of disrepair. Some insurers require a recent appraisal or photographs to verify the car’s condition and value.

5. Owner’s Driving Record and Experience
Insurance companies often require that all household drivers have clean driving records. Major violations (like DUIs) or a history of frequent claims can lead to disqualification. Some insurers may also consider the owner’s age and years of driving experience.

6. Primary Vehicle Requirement
You must own at least one regularly used, modern vehicle per licensed driver in the household that is insured under a standard auto policy. This proves the classic car is a secondary vehicle used sparingly.

7. Agreed Value Coverage
While not an eligibility requirement per se, a cornerstone of classic car insurance is Agreed Value coverage. During policy setup, you and the insurer agree on the car’s value based on appraisals, market guides, and comparable sales. In the event of a total loss, you are paid that agreed amount without depreciation. This differs sharply from the “actual cash value” (ACV) settlements of standard policies.

8. Membership in a Car Club (Sometimes Recommended)
While not always mandatory, membership in a recognized classic or antique car club (like the Classic Car Club of America or the Antique Automobile Club of America) can sometimes strengthen your application. It demonstrates serious commitment to the hobby and proper care of the vehicle.

What Typically Disqualifies a Vehicle?

* Use for daily transportation or business.
* Storage in an unsecured location.
* Poor condition or being used as a “project car” that isn’t roadworthy.
* Ownership by a very young driver (policies often have a minimum age requirement, such as 25).
* A history of performance modifications that increase risk (though some modifications for safety or period-correct upgrades are often acceptable).

Final Considerations
Before seeking a quote, gather necessary documentation: photos of the vehicle, maintenance records, proof of garage storage, and details of any appraisals. It’s also wise to work with an insurer that specializes in classic cars, as they understand the market and the unique needs of collectors.

By meeting these eligibility requirements, you can secure insurance that not only protects your financial investment but also provides peace of mind, allowing you to fully enjoy the timeless pleasure of driving and preserving a piece of automotive heritage.