Though collector car insurance may seem like an unnecessary expense, it’s important to understand that your vehicle could be a valuable investment. That’s why it’s important to protect your car with the right level of coverage. In this article, we’ll outline some of the benefits of collector car insurance and provide tips on how to choose the right policy for you.

What is collector car insurance?

Collector car insurance is usually designed for vehicles that are more than 20 years old and are valued higher than normal due to the “quality and type” of the vehicle. These policies can cover a wide range of risks, including damage caused by theft or vandalism, as well as expensive repairs if your car is wrecked while being insured.

Why buy collector car insurance?

Though collectible cars may not be as common today as they were in the past, they still hold value on the market. That means your car could be worth a lot more if it’s damaged or destroyed while it’s insured, so it’s important to have a collector car insurance policy.

How Much Collector Car Insurance Is Necessary?

The amount of collector car insurance you need will depend on the value of your car and the risks posed to it.

Collector car insurance is a type of insurance that’s specifically tailored to protect vintage and antique vehicles. These cars can be expensive to insure, and their value can be affected by a number of factors, including accident history, rarity, and age.

If you have a collector car that’s worth more than $500,000, you’ll likely need at least $50,000 in collector car insurance coverage. This coverage will protect your car from loss or damage due to accidents or natural disasters. It may also cover any repairs needed after an incident occurs.

If your collector car isn’t worth as much money, you may still need some protection. For example, if your car is 20 years old or more and has an estimated value greater than the normal cost to replace it is important to carry an insurance policy that will help with this.  In addition, you will need liability insurance coverage for it so that it meets the requirements of the State of Colorado.

How much does collector car insurance cost?

There is no one answer to this question, as the price of collector car insurance will vary depending on the specific policy you buy and the coverage you need. However, most policies will include comprehensive and collision coverage along with other optional features such as roadside assistance and rental reimbursement. So whether you’re buying individual pieces of coverage or adding all of these benefits together it is important to work with a broker like Bicknell Insurance, Inc to find the most competitive rates along with the right antique coverage.

What Are Some Ways to Protect Your Collector Car

1: Theft

One of the most important ways to protect your collector car is to make sure it is safe from theft. Lock it up when you’re not using it, and make sure the windows are locked and the doors are locked.

2: Accidents

Make sure you have comprehensive car insurance that covers accidents. This will help to cover any financial losses that may occur as a result of an accident.

3: Damage from Natural Disasters

If you live in a region that is prone to natural disasters, it may be a good idea to get collector car insurance that covers damage caused by hail, floods, hurricanes, or earthquakes.


Whether you have a single classic car or an entire collection of antique cars, protecting them is important. In this guide, we have provided tips on how to do just that. If you have any questions or would like more information on protecting your classic automobile, please don’t hesitate to reach out to the team at Bicknelll Insurance