Classic Car Insurance

We’re as passionate about cars as you are. Our deep knowledge of cars and their owners allows us to offer you better classic car insurance coverage for less.

How is classic car insurance different from regular car insurance?

Classic car insurance offers some key benefits compared to daily driver or “regular“ insurance.

Lower Premiums
We understand your car is a prized passion and will be driven with great caution, so we adjust the premiums accordingly -- 40% lower on average than daily driver insurance. With a daily driver insurance policy, your classic may be rated like a regular-use vehicle, and you’ll be charged as if you were driving the vehicle every day.
Guaranteed Value
More commonly known as “Agreed Value” coverage, it means you tell us the value of your classic and we’ll affirm that it’s a fair, accurate number. Then, we GUARANTEE that value will be paid to you in the event of a covered total loss. Regular car insurance carriers offer Actual Cash Value or Stated Value coverage, which may depreciate the value of your vehicle in the event of a claim, resulting in a smaller payout than you anticipate.
No Fixed Mileage
Our policy allows you flexible usage -- with no fixed mileage limits. Even if you have full coverage through a regular car insurance carrier, there may be mileage and usage restrictions to control how and when your classic is driven.

What is the difference between Agreed Value and Stated Value Insurance coverage?

An Agreed Value policy guarantees that you will receive the full insured amount of the vehicle (with no depreciation, and including all sales taxes), in the event of a covered total loss.

In contrast, a Stated Value policy (sometimes called “stated amount” or “maximum limit of liability”) does not promise to pay the full vehicle value that’s indicated or “stated” on the policy. With regard to a covered total loss, you may receive less than that stated amount, because the insurer has the right to pay either your vehicle’s depreciated actual cash value OR the cost to replace your vehicle -- whichever is less. Also, many insurers that offer stated value policies (typically standard insurers) require periodic appraisals to affirm the insured amount, adding cost and inconvenience to the client.

Your classic car or antique vehicle is eligible for a lot of the same discounts on insurance as "everyday" cars.

For example, you may be eligible for discounts if you have an anti-theft device in your car, if you take an approved defensive driver course, or if you are a member of a car club.

Please refer to your actual policy for a complete list of losses not insured and policy exclusion.

Ask an Agent at Johannes Agency for more info on how Classic Car Insurance could be right for you!