Classic Car Insurance for Massachusetts

Looking to insure your classic car in Massachusetts? Whether it is an antique car, vintage muscle car, or modern sports car, we would be happy to talk with you about your auto insurance needs and to look for quotes for you. Contact one of our local offices today to get started.

How Much Does Classic Car Insurance Cost in Massachusetts?

Just as with a regular vehicle, there are a variety of factors that insurance companies use to determine insurance costs and rates for classic and collector cars. The following is a list of possible factors that may be taken into consideration when determining insurance costs for your ride.

• The make and model of your vehicle. Your rates can change depending on the rarity and cost of your classic car. A more expensive vehicle will typically cost more to insure than a more common vehicle.
• Where you live will also affect your quote. Each state has its own laws and regulations, which can affect your costs.
• Where and how much will you be driving? If you only use your classic vehicle occasionally, such as weekends or limited times throughout the year, you may be able to obtain more competitive rates than if you use it as your daily driver.
• The age, gender, marital status, and education of the driver can also affect your quote.
• Your driving record will also factor into your costs. Having prior tickets, violations or accidents can potentially raise your insurance rates.

When Does My Classic Car Need Coverage?

Chances are, if you live in Massachusetts you may have to store your classic car during the winter months due to the harsh conditions. Although your vehicle may be stored away for the season, the risks of an event such as fire, theft, or an “act of God” occurring, are always present. Taking the insurance coverage off your classic ride can leave you vulnerable. It is recommended that you should consider leaving your automobile insured year-round, even if you only use it for part of the year.

The Difference Between Auto Insurance and Insurance for Classic Cars

There are differences between an antique auto policy and a typical auto insurance policy. For example, classic cars must meet eligibility requirements, there are usage rules, and some of the available coverage options differ, among other factors. Contact your Massachusetts insurance agent to learn more about insurance for your classic car.

What Qualifies for Classic Car Insurance?

Some common conditions and restrictions with antique auto insurance policies include, among others:

• The vehicle may need to be stored in an enclosed structure, such as a garage, carport, parking garage, or storage unit.
• You as the driver may need to meet eligibility requirements. Some of these requirements may include: No serious traffic infractions (such as alcohol related offenses, reckless driving, or outstanding speed violations) on your record.
• Your classic vehicle may need to meet age requirements. For example, being 25 years or older or 20 years old with collectible value.
• The permissible use of the vehicle may be restricted, such as use only for exhibitions or pleasure/leisure activities, and it cannot be your primary mode of transportation.
• You may not be able to use your classic car for racing.
• The annual on-road mileage of your vehicle may be limited.

Insurance Coverages for Your Classic Car in Massachusetts

Although the uses of your classic car and daily driver are vastly different, the basic coverages available for both are quite similar. The following are some of the typical coverages that are included in antique auto insurance.

• Bodily injury liability
• Property damage liability
• Comprehensive insurance
• Collision insurance
• Medical Payments
• Uninsured motorist coverage
• Underinsured motorist coverage

Additional Coverage Options for Classic Cars

In addition to the common coverages, many classic car insurance policies offer some optional coverages that you can select. Some of these coverages may include:

• Agreed Value
• Parts Coverage
• Tiered Mileage
• Worldwide Coverage
• Car Show Coverage

Classic Car Insurance Quotes

At Cross Insurance, we work with many different insurance carriers ranging from local companies to nationally recognized names. To get a picture of what it could cost to insure your classic car, you can request a quote from us, or if you prefer to call someone to start the quoting process, you can find a list of phone numbers to all of our offices here.

 

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This article is for general informational purposes only and is not to be relied upon or used for any particular purpose. Cross Insurance shall not be held responsible in any way for, and specifically disclaims any liability arising out of or in any way connected to, reliance on or use of any of the information contained in this article. The information contained or referenced in this article is not intended to constitute and should not be considered legal, insurance, accounting or other professional advice, nor shall it serve as a substitute for the recipient obtaining such advice. The views expressed in this article are that of its author and do not necessarily represent the views of Cross Financial Corp. and its subsidiaries and affiliates (“Cross Insurance”) or Cross Insurance’s management or shareholders.