Florida
classic car insurance
is available for vehicles 30 years old and older and must include property damage liability and personal injury protection. Classic vehicles are often worth more than the average vehicle, making classic car coverage a must to protect your investment.Classic car insurance requirements in Florida
Typically, cars must be 30 years old or older to receive antique/historical designation in the Sunshine State. You must apply for a special title and license, and all classic auto insurance policies must include the state minimum insurance required in Florida:
But classic car insurance
isn’t your standard policy—it caters to the unique insurance needs of classic or collector vehicles. While exact requirements might vary between insurance companies, here are the basics: You must be at least 25 years old
You must have at least 5 to 10 years of driving experience
The vehicle must not be modified from its original manufacture form with replacement parts
You must have a good driving record with no more than one at-fault accident or moving violation recorded in the previous 3 years
You must agree not to race your insured vehicle
The best classic car insurance companies in Florida
Classic car drivers in Florida have a handful of options for buying collector car insurance. Here’s a rundown of the most popular insurers.
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| No serious infractions in last three years Driver maintains personal regular-use insurance Collector vehicle must be stored properly in enclosed structures Classic car is not used for daily driving or touring |
| Must be limited production car less than 10 years old for modern classic Antique cars have to be 25 years old with no modifications |
| Classic car is used on limited basis Car is restored, maintained, or preserved Stored in enclosed building |
| Vehicle must be 25 model years or older Can be a new exotic car, or new replica Can only be used for exhibitions, clubs, or occasional pleasure driving Must be stored in secure and closed in facility |
| Not a daily use vehicle (business, personal, or commercial) Not used for racing of any kind |
You might have other options: Some cars might be eligible for specialized classic car insurance with companies like GEICO if their current value exceeds their original selling price, making them collectibles.
Benefits of Florida classic car insurance
Provided that you use your historic car for the limited functions insurers require, classic car insurance is the best way to protect your vehicle against damage or loss. Not to mention, it comes with added benefits:
Rates 40% to 70% lower than standard car insurance
Flexible annual mileage limits
Additional coverage options
Flexible deductible options
Guaranteed or agreed-value coverage
Optional coverage for spare parts and memorabilia
Discounts for additional security features, automotive parts, and driving schools
A little bonus: Companies like Hagerty and American Collectors Insurance supply their classic car clients with valuable insight into approved collector car clubs and car show memberships. Notable mentions include Antique Automobile Club of America South Florida Region
, Cape Kennedy Corvette Club
, and the Ferrari Club of America, Florida Region
. What impacts the cost of classic car insurance in Florida?
While classic car insurance costs are usually cheaper than traditional insurance, the coverage options you choose can change your monthly rates. Other factors that can impact your premium include:
Stated or guaranteed value
Customization—if you include things like flatbed towing, roadside assistance, spare parts coverage, etc.
Your coverage will depend on the type of car you have and what you need to protect it. Many types of coverage available with standard auto insurance are also available with a classic car policy. The best classic car insurance quotes will offer specialty coverage that caters to classic or even collector vehicles.
In Florida, you’ll see the following common coverage types for classic cars:
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| Covers damage that isn’t the result of a collision, such as from severe weather or vandalism. |
| Covers damages resulting from a collision with another vehicle or stationary object. |
| If you’re in a covered accident and your classic car is a total loss, you’ll receive the full agreed-upon value (minus your deductible) without any deduction for depreciation. |
| Tiered mileage plans give you flexibility to customize your policy based on how much you actually drive your classic car. |
| Coverage for tire changes, towing, and other incidental expenses that aren’t part of a typical auto insurance policy. With companies like Hagerty, this will require you to be a member of the Hagerty Drivers Club. |
| Add coverage for loss or damages to classic spare parts—even ones that are expensive or hard to find. |