What is collector car insurance?

I am going to buy a vintage car. Someone told me I need collector car insurance. What is that? Is it different from the normal kind of insurance I usually have on my cars?

Answer provided by
Alexah Grinnell
Answered on Mar 12, 2021
​Traditional car insurance will repair or replace your vehicle based on the depreciated value of the vehicle at the time of the loss. Collector car insurance (also known as classic car insurance) is meant for older vehicles that have been restored or maintained to hold their value. Most companies offering collector car insurance will guarantee that your vehicle is insured for an agreed-upon dollar amount in the event of a total loss, rather than the depreciated value.
If you’d like to learn more about this topic, check out this article: https://getjerry.com/advice/what-is-classic-car-insurance.

Did this answer help you?

Ask us a question by email and we will respond within a few days.

Have a different question?

You can meet us at our office and discuss the details of your question.

Easiest way to compare and buy car insurance

No long forms
No spam or unwanted phone calls
Quotes from top insurance companies