PriceProtect™
DriveShield™
GarageGuard™
Services
Insurance
Car Insurance
Compare Car Insurance with Jerry
Jerry’s Expert Advice
Car Insurance Estimates
Home & Renters Insurance
Renters Insurance
Repairs
Car Repair Estimates
Repair Estimates for Popular Services
Advice
Read Car Content
Browse Jerry Car Advice
Check Out Expert Car QnA
Learn About How We Create Content
Jerry Data & Research
Are the guidelines for a classic car policy different than a standard car policy?
What are the rules for classic car coverage? I heard that classic car insurance is cheaper than regular insurance so I am thinking about moving my 1970 Jeep Wagoneer over to a classic policy to save money. I know classic car policies have an age restriction which I meet.
Shannon Martin · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
“There are times when
classic car insurance
is less expensive than a standard insurance policy. It depends on the agreed value of the classic car. Making this change may save you some money, but let’s make sure a classic policy fits your needs. Here are some standard guidelines for a classic car policy:
- Vehicle must be 25 years old or older.
- The vehicle must be in good to excellent condition and have an agreed value of at least $3,500.
- It cannot be your daily driver. You must insure at least one other vehicle furnished for your everyday use.
- It must be stored in a secure and enclosed space.
- It can not be used for racing.
- Some insurance carriers have mileage limits that can not be exceeded.
The primary guideline to pay attention to is the daily driver limitation. If the Jeep is your only vehicle, it will not qualify for classic coverage.
If that’s the case, don’t worry! You can use a smart comparison tool like
Jerry
to filter through the top 45 insurance companies to find the best rate for you.”View full answer
- Gregory R.
WHY YOU CAN TRUST JERRY
Jerry partners with more than 50 insurance companies, but our content is independently researched, written, and fact-checked by our team of editors and agents. We aren’t paid for reviews or other content.
Join 4M+ members in lowering their car insurance
You Might Also Be Interested
Read Advice From Car Experts At Jerry
What Others Are Asking
Browse More Content
Insurance in Your State
Easiest way to compare and buy car insurance
No long forms
No spam or unwanted phone calls
Quotes from top insurance companies