Classic Car

Do I need special coverage for an antique car?

Yes you do. Especially if you drive your antique car. Any vehicle on the road should be insured. If not for your protection, for the protection of other people’s assets. If you hit someone else, it’s your insurance that will pay for the damage to their car and for their medical bills.

Antique cars require special insurance.
A rare car isn’t like a modern sedan. You just can’t repair it in a few days like you can a newer car. Antique cars may be so rare in fact that they could be rendered unrepairable. That is where specialty insurance comes in. But there are some factors that come into play. Insurance companies have definitions for collectible or antique autos and those definitions may vary from company to company. However, most agree that an antique auto must be at least 25 years old.

Other limitations apply:

  • Your antique or classic car must be used on a very limited basis, such as exhibitions, club activities, and parades or limited to certain annual mileage.
  • You need to have restored, maintained, or preserved your antique or classic car – meaning you must demonstrate you have taken care of it – not let it rot in a field.

To learn more about insuring your antique or collectible car, contact your independent Provident Insurance agent. We serve Plainfield, Greenwood, Avon, Brownsburg, Indianapolis, Carmel, Zionsville and the entire central Indiana area. Stop in one of our convenient locations to discuss your insurance needs today.