Best Classic Car Insurance in 2026

The best classic car insurance is offered by Liberty Mutual, Nationwide, and Amica, combining specialized coverage with high customer satisfaction.

Liberty Mutual is the best classic car insurance company overall due to its exceptional customer service as well as comprehensive coverage.

Nationwide offers up to 40% accident-free discounts with strong agreed-value coverage, while Amica provides fast claims and flexible repairs.

Top 10 Companies: Best Classic Car Insurance

Together, these companies offer the best auto insurance for classic cars, which is a unique type of car insurance designed to protect the increasing value and customization of antique and collector vehicles.

Start comparing affordable classic car insurance options by entering your ZIP code into our free quote comparison tool today.

Compare Classic Car Insurance Rates

Classic car insurance rates vary widely, but the best classic car insurance companies stand out for offering consistently low monthly premiums.

Mercury Insurance is the cheapest overall, with rates for minimum coverage starting at $42 and full coverage at $110 per month.

Classic Car Insurance Monthly Rates by Coverage Level

Geico is close behind with comparably low rates at $43 per month for minimum and $114 per month for full coverage, along with robust online tools and availability in all 50 states.

State Farm also provides affordable premiums of $47 and $123 per month. Its competitive policy bundling discounts can bring these rates down even more, so always compare multiple companies to find the right price for you.

Travelers and Nationwide charge more for full coverage auto insurance, averaging $141 to $164 per month, but offer flexible options like agreed value protection for classic cars.

Other companies like Allstate, Liberty Mutual, and The Hartford are on the high side of pricing. However, Liberty Mutual provides better claims service and more policy customization than other providers on this list.

Classic Auto Value and Condition Affect Insurance Rates

Classic car insurance rates are influenced by common factors that impact the cost of standard insurance, including the make, model year, vehicle age, and mileage, as well as how you intend to use the vehicle.

Modern classics (1996–2005) are the most affordable to insure, with rates starting at $40 per month. Fair-condition cars are more likely to get the cheapest car insurance.

Classic Car Insurance Monthly Rates by Value & Condition

Established models manufactured between 1986 and 1995 remain affordable, but vintage cars from before 1985 and collectible autos from 1975 or earlier have the highest rates.

Classic auto insurance costs less than policies for standard vehicles because insurers assume you won’t drive a collector car as often. But rates can climb based on your vintage vehicle’s age, condition, or frequency of use.

Insurance Rates for Popular Classic Autos

Monthly insurance premiums for the most popular classic cars range based on rarity, market valuations, and collectibility (Learn More: Auto Insurance Rates by Vehicle).

Cheaper models, such as the 1957 Chevy Bel Air and 1969 Chevy Nova SS, cost less than $60 a month for minimum coverage, while full coverage insurance costs between $130–135 per month.

Most Popular Classic Cars: Monthly Auto Insurance Rates

Classic car insurance rates reflect a vehicle’s value, condition, and rarity, while eligibility requirements for classic car insurance, like age and limited use, also impact premiums.

Mid-range classics such as the 1965 Ford Mustang Fastback, 1969 Pontiac Firebird, and 1970 Dodge Challenger R/T cost slightly more to insure.

More exclusive and high-powered cars carry significantly higher premiums, bringing full coverage over $200 a month in some cases.

For instance, full coverage for a 1970 Plymouth Hemi ’Cuda reaches up to $290 per month.

Classic Auto Insurance Rates for High-Value Models

The most expensive classic cars to insure have high monthly premiums because they’re so rare, carry such high market value, or are historically important.

At the top is the 1970 Plymouth Hemi ’Cuda, with rates starting at $120 per month, largely attributed to the fact that only 652 models were manufactured, making this car very hard to repair or replace in the event of a claim.

Most Expensive Classic Cars to Insure

Shelby models are also far and away the most popular high-cost tier, with the 1967 Shelby GT500 at $95 monthly and the GT350 at $65 per month, both prized for their performance legacy.

If you own one of these iconic vehicles, use our guide on how to buy auto insurance to pick out a policy that covers the higher financial risk.

Affordable Classic Cars With Cheap Insurance

Classic cars with lower insurance premiums tend to be widely available models, have moderate market values, and are easier to maintain or repair.

The 1957 Chevrolet Bel Air ranks as the least expensive to insure at $55 per month, thanks to its accessible replacement parts. The 1969 Chevrolet Nova SS is also just behind at $57, as it is not valued nearly as highly as more rare muscle cars.

Least Expensive Classic Cars to Insure

These cars also come with timeless design and affordable ownership costs, making them ideal picks for enthusiasts seeking lower insurance costs (Learn More: Auto Insurance Guide).

The 1965 Ford Mustang Fastback and 1969 Plymouth Road Runner, both at $58 per month, benefit from high production numbers and strong aftermarket support, which help keep repair costs manageable.

Driver Age & Classic Car Insurance Rates

Liberty Mutual and Allstate are the most expensive, while Geico and Mercury offer the lowest rates (Read More: Allstate vs. Geico Auto Insurance).

Geico and Mercury are the cheapest classic car insurance options, no matter your age group.

Classic Car Insurance Monthly Rates by Driver's Age

Geico consistently offers the lowest rates, with premiums starting at just $72 per month for 18-year-olds and decreasing to $43 per month for drivers aged 45.

Mercury is not far behind, costing only $75 per month at 18 years of age and then slowly decreasing to only $42 per month by the time you reach 45 years, providing excellent value across the board.

State Farm also offers attractive pricing, particularly for drivers in their mid-20s to mid-40s, where rates remain low and competitive.

Travelers and Amica become more price-competitive as drivers get older, with their rates substantially lower for drivers in their 30s and 40s.

Classic Car Insurance Rates by State

Classic car insurance rates differ significantly by state due to local insurance laws and requirements (Read More: Auto Insurance Rates by State).

In all 50 states, full coverage classic car insurance costs double, and men consistently pay slightly higher rates than women, even in states where gender is not allowed to impact insurance rates.

Kansas stands out as the most affordable, with monthly premiums around $40 per month for minimum coverage and under $100 monthly for full coverage policies.

Florida is one of the most expensive states, with full coverage costing almost $150 a month. Florida car insurance is so high due to weather-related risks and a high number of uninsured drivers.

 

Washington has moderate insurance rates, with females paying $46 for minimum and $108 for full coverage, and males paying $50 and $114 (Learn More: Best Auto Insurance Companies in Washington).

You can use our free quote comparison tool to compare classic auto insurance costs in your state. Just enter your ZIP code to begin.

How Driving Record Affects Classic Car Insurance Costs

When comparing classic car insurance rates by driving record, Mercury, Geico, and State Farm seem to be the best options regardless of the infraction.

Mercury provides the cheapest rates overall, with minimal increases for drivers with one accident, DUI, or ticket. Its rates remain impressively low even after a DUI, rising only to $70 per month from a $42 per month base.

Classic Car Insurance Monthly Rates by Driving Record

Geico also delivers competitive pricing, especially for drivers with a clean record, at just $43 per month. Even after a DUI, its $117 per month premium is still more affordable than most (Read More: Cheap Auto Insurance After a DUI).

State Farm stands out for its stability across the board, maintaining some of the smallest premium increases between a clean record and DUI violations or speeding tickets.
Amica and Travelers are also competitive mid-priced options, while Allstate and Liberty Mutual tend to charge more.

The easiest way to keep your classic auto insurance costs low is to maintain a clean driving record after any infractions.

Credit Score Impact on Classic Car Insurance Rates

Mercury is a standout for providing the lowest and most consistent rates for drivers in all credit tiers.

Its rates rise modestly from $42 per month for excellent credit to $74 per month for poor credit.

Classic Car Insurance Monthly Rates by Credit Score

Geico remains a competitive option, keeping rates below the average cost of auto insurance, with monthly premiums rising modestly from $43 to $77 as credit scores drop.

State Farm also performs well, including among those with fair or poor credit, quoting rates that fall below $90 per month even in the lowest tier.

Classic Auto Insurance Coverage Explained

Standard policies use depreciated actual cash value. Unlike standard auto insurance, classic car policies are based on agreed-value coverage and not depreciation.

Classic car insurance companies compensate you for the entire value of your vehicle, including modifications and upgrades.

Classic vs. Standard Auto Insurance: Key Differences

Classic policies also limit annual mileage and restrict use to non-daily driving, which lowers risk and allows for usage-based insurance premiums that are often cheaper.

Standard auto insurance, by comparison, allows unlimited mileage and daily use, but a classic car insurance comparison shows it’s often priced higher over time due to greater risk ratings.

Classic insurance guidelines often exclude outside storage for the preservation of its condition and value. However, ordinary policies have no specific needs for storage.

Overall, classic car insurance is designed to preserve collectible value, while standard auto insurance focuses on everyday transportation.

Qualifying for Classic and Collector Car Insurance

Not every type of vehicle qualifies for classic auto coverage, and each company has different rules for what it considers a classic or collector car for insurance.

Most providers put storage requirements or vehicle age and mileage limits on their policies in order to reduce risk and ensure that the listed vehicle is actually a classic auto.

Antique cars are vehicles with historical value and must be at least 45 years old to qualify for a classic policy. These old cars, often manufactured before or just after World War II, are cherished for their engineering and historical merits.

Classic cars are typically 20-40 years old, have sentimental or monetary value, are properly stored, and are usually driven infrequently. Classic trucks and utility vehicles, like vintage pickups and early SUVs, are growing in popularity among collectors.

Common Classic & Collector Vehicle Types

Hot rods and restomods are classic on the outside with modern mechanics, which means they require customizable classic car insurance coverage for custom parts.

Replica, kit, and tribute cars are new vehicles that have been created to look similar to classic ones, and also require a unique policy for custom parts.

Read More: Best Auto Insurance for Luxury and Exotic Vehicles

Recommended Classic Car Insurance Coverage

Classic cars are much more than mere transportation; they’re valuable investments and symbols of automotive history. The value, as well as the rarity of use, makes them anything but your average auto insurance.

Classic car insurance protects the risks posed by vintage vehicles with customized coverage that can include agreed value, spare parts, and special towing.

• Agreed Value Coverage: Ensures you get the full insured amount for a total loss, no depreciation, and no hassle.
• Comprehensive Coverage: Guards against non-collision damage events like theft, vandalism, caustic birds, or natural disasters.
• Collision Coverage: Pays for damage to your car when you hit another vehicle or an object, regardless of who is at fault.
• Roadside Assistance & Towing: Offers emergency services like towing and jumpstarts, often including flatbed towing designed for classic cars.
• Spare Parts Coverage: Pays for the repair or replacement of rare or valuable classic car parts and accessories.

Understanding the key classic car insurance coverage options can help owners preserve both the beauty and the value of their vehicle for years to come.

Covering a classic car means more than meeting legal requirements; it ensures your investment is covered in any scenario, including accidents, disasters, or with roadside assistance coverage during emergencies.

With coverages like agreed value protection, spare parts reimbursement, and classic-specific roadside assistance, owners can enjoy peace of mind knowing their vehicle is fully protected.

By choosing the best policy features, classic car enthusiasts can avoid costly surprises and keep their prized vehicle in pristine condition, ready for the next cruise, show, or generation.

Understanding Classic Car Insurance Settlements

Claim payouts differ by policy type, with the best auto insurance companies for claims handling offering more reliable agreed value settlements for classic cars.

Classic car insurance is agreed value, resulting in higher and more predictable payouts, usually between $34,000 and $40,000, based on the vehicle’s condition and the pre-set insured amount.

Standard insurance, on the other hand, relies on actual cash value, which includes depreciation and typically results in lower settlements of $22,000 to $27,500 for similar vehicles.

This is why classic policies are more appropriate for those who have a finished product and want to be fully covered for the collectible or restored value of their vehicle.

How to Save on Classic Car Insurance

Classic car owners can significantly reduce their insurance premiums by using these tips for exclusive discounts and choosing the right policy for collecting classic cars.

Using classic car insurance mileage limits can cut costs, with Nationwide offering up to 40% off and Geico, Liberty Mutual, and State Farm offering 30% discounts.

• Bundle With Other Policies: Insurance companies provide a discount if you purchase another type of policy through them, such as homeowners, auto, or umbrella coverage.
• Choose Agreed Value Coverage Wisely: Setting an accurate agreed value, not over- or under-valued, ensures fair premiums without paying extra for inflated coverage.
• Join a Classic Car Club: Some insurers offer discounts to members of recognized car clubs, as it signals responsible ownership and lower risk.
• Limit Annual Mileage: Trim down driving your classic car; if you only drive for show or on weekends, it can save on premiums as mileage-based discounts may apply.
• Store Your Vehicle Securely: Storing your vehicle in a locked garage or climate-controlled storage can impact how you are seen as low risk, therefore decreasing your premium.

Owners can also bundle policies, store vehicles in secured garages, or maintain excellent driving records to unlock further discounts.

Using all of these categories, owners can take advantage of bundling, low-mileage, secure storage, club membership, and agreed-value accuracy discounts to save the maximum on their vintage vehicles’ protection.

Top Classic Car Insurance Discounts

Bundling your classic car insurance with other policies can save 25–30%, especially with providers featured in the best auto and home insurance bundles like Amica and Nationwide.

Joining a well-known classic car club is another way to go, with Geico and Nationwide offering 25% and 15% off in reward for responsible ownership.

Best Insurance Companies for Classic Cars

Allstate, State Farm, and Geico may not specialize solely in classic cars, but they remain popular picks with most drivers for their nationwide reach, customizable coverage, and competitive pricing.

Their strong agent networks, bundling options, and digital tools make them accessible and reliable for collectors seeking convenience and flexibility.

Liberty Mutual holds a decent piece of the market for its customization and claims service, but regional providers like Amica and Mercury don’t have the national reach of some of these companies.

Comparing multiple insurers is essential to find the best blend of agreed value coverage, mileage limits, and discounts tailored to your vehicle and driving habits. Use this list to find affordable comprehensive auto insurance for your vehicle.

#1 – Liberty Mutual: Top Pick Overall

Pros

• Flexible Claims Process: Known for accommodating unique repair needs, which benefits owners of rare or modified classic cars.
• Custom Shop Choice: Liberty Mutual offers classic car owners the option to pick their own repair shop, which is perfect if you use restoration experts.
• Decent Low Mileage Discount: Liberty Mutual offers up to 30% off for limited use, ideal for occasional drivers. Compare more discounts in our Liberty Mutual review.

Cons

• Lower Spare Parts Support: Limited customization in parts replacement may be less ideal for rare classic car models.
• Slower Claim Payouts: Some users report delays in claims for classic car repairs, especially when using non-partner shops.

#2 – Nationwide: Best for Agreed Value

Pros

• Agreed Value Stability: Guarantees full payout of the agreed value for a total loss, making it ideal for high-value classic cars that depreciate less predictably.
• High Mileage Discount: Offers up to 40% off for low-mileage classic car owners, a top mileage discount. Find the full list of discounts in our Nationwide Insurance review.
• Bundling Savings: Policyholders who bundle classic car coverage with homeowners or regular auto insurance may receive up to 25% off.

Cons

• Claims Processing Time: Classic car owners have reported longer claim resolution times, especially for agreed-value claims, compared to other large insurers.
• Selective Eligibility: Not all classic cars, especially heavily modified or replica models, qualify for agreed value coverage under Nationwide’s guidelines.

#3 – Amica: Best for Superior Claims

Pros

• Fast Claims Response: Known for fast, responsive claims, ideal for classic car owners who need quick resolutions.
• Low Rate Increases: Despite an infraction such as a ticket, classic car insurance through Amica only goes up to $81 monthly. See how quotes compare in our Amica review.
• Multi-Policy Discount: Bundle classic auto coverage with home or other policies to save up to 30%, perfect for those needing multiple types of protection.

Cons

• Fewer Custom Add-ons: Amica classic car policies may not have specialized offerings, such as higher agreed-value cap options found from some specialty insurers.
• Basic Storage Discount: While Amica offers a 5% discount for secure storage, classic car owners may find better incentives with providers that reward advanced storage setups.

#4 – State Farm: Best for Trusted Service

Pros

• Fair Credit Pricing: Even the drivers with bad credit scores can score rates that are as low as $85 per month, which is less than half of what some competitors charge at $150+.
• Stable Rates: Classic car insurance premiums stay consistent, with full coverage from $123 per month to $47 per month by age 45, ideal for long-term owners.
• Agent Support: State Farm provides local agent support tailored to classic car needs, plus bundling help. Find a local office in our State Farm auto insurance review.

Cons

• Minimal Custom Add-Ons: State Farm offers fewer classic car add-ons, such as spare parts or restoration coverage, than specialized collector insurers.
• No Club Discount: Unlike some competitors, State Farm doesn’t offer extra discounts for classic car club memberships, missing a savings opportunity for enthusiasts.

#5 – The Hartford: Best for Senior Drivers

Pros

• Senior-Focused Discounts: Rates start at $61 per month for minimum coverage and $161 per month for full coverage for senior classic car drivers.
• AARP Partnership Perks: AARP members get added savings and classic car policy benefits, ideal for drivers 50+.
• Vehicle Replacement Coverage: Covers classic cars up to the agreed value with replacement options. This feature is covered in our The Hartford insurance review.

Cons

• Eligibility Restrictions: Some of The Hartford’s top features require AARP membership, limiting access to the best classic car rates and perks for non-members.
• Strict Storage Requirements: Classic car policies may require garage storage to qualify for full coverage, limiting accessibility for owners without secure storage facilities.

#6 – Mercury: Best for Budget Classics

Pros

• Low Starting Rates: Classic car insurance starts at $42 per month for minimum coverage and $110 per month for full coverage, making Mercury a budget-friendly option.
• Consistent Pricing: Classic car premiums stay stable across ages and records, offering predictable costs (Read More: Mercury Insurance Review).
• Accident Tolerance: Rates stay low after an incident and rise to just $70 per month for a DUI.

Cons

• Few Custom Options: Mercury offers fewer collector-focused custom options, so you may not have as many ways to customize your policy for a rare or modified classic car.
• Basic Digital Tools: The platform lacks robust online account features, making policy management less convenient for tech-savvy classic car enthusiasts.

#7 – Geico: Best for Online Savings

Pros

• Online Convenience: Classic car owners can easily compare classic car insurance quotes and manage policies online, no agent needed.
• Strong Affordability: Geico is rated as one of the most affordable options for insuring your classic car when you compare quotes across age, credit score, and driving record.
• Quick Quote Tools: Fast online quote tools let classic car owners compare coverage and find low rates quickly. Find low rates in our Geico insurance review.

Cons

• Storage Requirements: Some classic car policies may still require secure garage storage to qualify for the lowest rates.
• Basic Coverage Focus: Geico prioritizes low-cost classic car coverage over premium add-ons, making it better for budget-focused owners than high-end collectors.

#8 – Allstate: Best for Collector Coverage

Pros

• Strong Claims Support: Known for reliable claims handling, crucial for high-value classic car losses. Check out our Allstate insurance review to see why it’s a strong option.
• Custom Policy Options: Permits the addition of riders and enhancements on classic cars, such as agreed value endorsements.
• Bundling Savings: Classic car policyholders can reduce costs by bundling their policy with home or auto insurance, helping to offset higher base rates.

Cons

• Usage Restrictions: Classic car policies could also have very limited mileage and driving limitations.
• Price Sensitivity: Budget-focused classic car owners may find Allstate less appealing due to higher baseline rates.

#9 – Travelers: Best for Premium Protection

Pros

• Flexible Mileage Plans: Offers customized low-mileage options ideal for classic car use, starting at $49 per month for minimum coverage.
• Reputation for Stability: Good financial ratings appeal to classic car policyholders who want stability from their insurer.
• High-Value Coverage: Agreed-value coverage for classic cars, starting at $141 per month. Find more coverage details in our Travelers auto insurance review.

Cons

• Fewer Local Agents: With fewer in-person agents than Allstate or State Farm, Travelers may not be a suitable choice for classic car owners who prefer face-to-face support.
• Average Tech Tools: Travelers’ digital tools and mobile app are more basic, which may limit ease of policy management for tech‑savvy classic car owners.

#10 – Farmers: Best for Custom Options

Pros

• Flexible Coverage Limits: Farmers offers customizable coverage limits with classic car policies, and rates begin at $76 per month for individuals with a clean driving record.
• Restoration Coverage: Offers optional coverage during classic car restoration, a rare perk among providers. Get all the details in our Farmers Insurance review.
• Accident Forgiveness: Available for eligible classic car drivers, preventing rate increases after the first at-fault accident.

Cons

• Minimal Custom Bundles: Although Farmers offers bundling, classic auto enthusiasts might find fewer specialized bundle options than with a rival like State Farm or Amica.
• Average Value Cap: Agreed value options may have lower maximum limits than specialty insurers, limiting coverage for high-value classic cars.

Explore the Best Coverage for Classic Cars

The best classic car insurance offers a good combination of value, flexibility, and trustworthy service. Amica, Nationwide, and Liberty Mutual also offer strong coverage options and customer satisfaction.

Amica stands out among the best car insurance companies for its excellent service and well-rounded policies, while Nationwide earns its place with generous accident-free discounts and agreed value protection.

Liberty Mutual offers classic-specific perks and flexible repairs, but at higher rates. Mercury is best for budget-focused drivers, with $42 monthly rates and basic features.

Choosing the right insurer depends on your vehicle’s needs and priorities for cost, coverage, and support. Compare insurance rates today by entering your ZIP code into our free comparison tool.