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Is classic auto insurance required by law?

Classic auto insurance is not required by law. However, it is recommended for owners of classic cars, as it provides specialized coverage for these unique vehicles. Classic auto insurance typically covers the following:

* Physical damage to the vehicle, such as damage from accidents, theft, or vandalism

* Liability coverage for bodily injury and property damage caused to others

* Uninsured/underinsured motorist coverage

* Medical payments coverage

* Replacement cost coverage, which provides the actual cash value of the vehicle at the time of the loss, up to the policy limits

Classic auto insurance policies may also offer additional coverage options, such as:

* Agreed value coverage, which guarantees a specific payout for the vehicle in the event of a total loss

* Extended coverage for parts and labor

* Roadside assistance

* Trip interruption coverage

Classic auto insurance rates vary depending on the type of vehicle, its value, and the driver's age and experience. It is important to shop around and compare quotes from different insurers to find the best rate.