Classic Car Insurance 101

Classic Car Insurance 101

Two men looking at a classic car in a garage

Antique or classic cars aren't everyday drivers: They appreciate rather than depreciate in value, and they require special insurance. Here's what you need to know about protecting an antique or classic car.

Insurance eligibility

To be eligible for classic car insurance, your vehicle must fit one of the following definitions:

  • Classic Car: A vehicle 10 to 24 years old¬†that has historic interest.
  • Antique Car: A vehicle 25 or more years old. If a 'classic car' is more than 25 years old, it is considered an antique car for insurance purposes.

Your antique or classic car must also meet these conditions:

  • Limited Use: Your antique or classic vehicle should only be used on a very limited basis.
  • Condition: The car (generally) must be restored, maintained or preserved. Some insurers may decline if the vehicle is not in excellent condition.
  • Storage: It is required that you store your vehicle in an enclosed building.

Policy payouts

State Farm® offers agreed-value policies which means if the vehicle experiences a total covered loss, we will pay this agreed-upon value rather than the actual cash value of the car as long as there is no prior damage to the car, parts have not been removed, and the car's condition has not deteriorated because of abuse or neglect.

Antique or classic car policies include typical vehicle coverage options, such as liability, collision, comprehensive, medical payments and more.

Read more from State Farm about classic cars and antique auto insurance policies.


Because insurance protection is a contract, any coverage descriptions in this article are general only and are not statements of contract. All coverages are subject to all policy provisions, including applicable endorsements.