What is Classic auto insurance?

Classic auto insurance is a specialized type of insurance that is designed for older, vintage, or antique vehicles. It provides coverage for these vehicles that may not be available under a standard auto insurance policy. Classic auto insurance typically offers higher limits of liability, comprehensive and collision coverage, and agreed value coverage. Agreed value coverage means that the insurance company agrees to pay the owner of the classic vehicle a set amount of money in the event of a total loss, regardless of the actual cash value of the vehicle. Classic auto insurance can also provide coverage for restoration costs, spare parts, and transportation to and from car shows.