Personal / Collector Car

Michigan Classic & Collector Car Insurance

A standard auto policy pays the depreciated value of your classic — which is the opposite of what a collector car does. Collector car insurance covers your vehicle at an agreed value you set up front, at a fraction of regular auto rates, through specialists who understand these cars.

What we do for classic & collector car insurance clients

• Agreed-value coverage — you and the carrier agree on the car's value now, so a total loss pays that amount — not a depreciated book value.
• Low collector rates — because these cars are driven less and cared for more, premiums are often far below a daily driver.
• Specialist markets — we place coverage through collector-car specialists like Hagerty and others built for these vehicles.
• Flexible usage & storage — coverage for shows, tours, and limited pleasure driving, with proper storage terms.

Vehicles we cover

Classic and antique cars, muscle cars, exotics, restored trucks, hot rods and street rods, modified and kit cars, and collector motorcycles — driven for shows, tours, and weekend enjoyment, not daily commuting.

What collector car insurance covers

• Agreed value — a guaranteed payout amount you set, no depreciation.
• Physical damage — collision and comprehensive for your collector vehicle.
• Liability — injury or damage you cause while driving it.
• Spare parts — coverage for parts and tools (varies by carrier).
• Show & tour use — driving to and from car shows, club events, and tours.

Common questions

What qualifies as a collector or classic car?

It varies by carrier, but generally a vehicle that's maintained as a collectible, driven on a limited basis, and stored properly — antiques, classics, muscle cars, exotics, restored vehicles, and certain modified cars. Daily drivers don't qualify; we'll confirm your car's eligibility.

What is agreed-value coverage?

You and the insurer agree on your car's value when the policy is written. If it's totaled, you're paid that agreed amount — not a depreciated 'actual cash value.' It's the core reason collector policies exist and why a standard auto policy is the wrong fit.

Why is collector car insurance cheaper than regular auto?

Because these cars are driven far fewer miles, stored carefully, and rarely the owner's only vehicle, they're lower risk — so premiums are often a fraction of a daily-driver policy despite higher agreed values.

Can I drive my classic car on a collector policy?

Yes, within the policy's usage terms — typically pleasure driving, car shows, club events, and tours rather than daily commuting. Many policies offer generous mileage. We match the policy to how you actually enjoy the car.