Can you insure a 22-year-old car?

My grandma is giving me her 1999 Buick Regal. Can I get insurance on it or is there a cut off for age?

Answer
“You can get car insurance on your grandma’s car. However, depending on the company, you may only be eligible for liability car insurance.
While most insurance companies don’t deny car insurance coverage based on age, some limit physical damage coverage on vehicles over 20 years old. This is because older vehicles are prone to more claims. The value of vehicles is not worth insuring after a certain point as well.
It’s likely the amount you’d pay for comprehensive or collision coverage would exceed the worth or actual cash value of the vehicle. Therefore, you should consider only liability coverage for your vehicle.
If you are set on having full coverage on the vehicle, you can shop around. Use the Jerry app to compare rates from over 50 companies to find an affordable rate for the coverage you desire.”
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Emily Maracle
Answered on Sep 10, 2021
Emily Maracle is a car insurance specialist living in New York. Originally from the Pacific Northwest, she has a degree in English Literature and a background in customer service. She enjoys cooking, gardening, and living sustainably. In the future, she can't wait to upgrade to a hybrid or electric car.
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