Does an older car need special car insurance?

I'm looking to insure a 2000 Chevy Corvette. Do I need a special type of insurance on it?

Answer
“Whether you need special car insurance on your vehicle will depend on its age and the type of vehicle it is.
Since you want to insure a 2000 Chevy Corvette, you will likely need classic car insurance, which covers classic, as well as collectible cars. While it depends on your insurance company, most consider vehicles with historical interest between the ages of 10 and 24 to be a classic car, while antique cars need to be over the age of 25.
Depending on the amount of mileage your Corvette has, it most likely will qualify for classic car insurance. The only way to truly know is to shop around with Jerry. This will allow you to see what type of coverage is available for your vehicle and how you might expect to pay.
After shopping around, you may find that insurance companies are only willing to offer liability coverage, in which case you should strongly consider building an emergency fund for repairs.”
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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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