There’s something special about this time of year—warmer weather, sunny drives, and the return of vintage beauty on the roads. For collectors and enthusiasts, summer is classic car season—a chance to bring out your polished showpiece, cruise through town, or display it at local events. But before you hit the streets, one question matters most:
Is your classic car properly insured?
If your prized vehicle is covered under a standard auto policy, you may be missing out on the specialized protection your classic deserves. At ABQ Insurance, we help car lovers get the right coverage for their investment—with the peace of mind to enjoy every ride.
Why Classic Cars Need Specialized Coverage
Classic cars are not like daily drivers. Their value isn’t based on depreciation—it’s based on condition, rarity, and collectability. That’s why most regular auto policies don’t provide the protection these vehicles require.
Here’s what to consider:
1. Agreed-Value Coverage
One of the most important features of classic car insurance is agreed-value coverage. Instead of the insurer assigning a depreciated value in the event of a total loss, you and your insurance company agree upfront on the value of the car. That amount is guaranteed—no depreciation, no surprises.
Why it matters:
- Classic cars often increase in value over time
- Restoration work and original parts should be factored into the insured value
- You want to know exactly what you’ll receive if the worst happens
2. Storage Protection
Many classic cars spend more time in storage than on the road. Whether yours is kept in a climate-controlled garage or a covered carport, your policy should reflect its usage and location.
Make sure your insurer knows:
- Where the vehicle is stored
- Whether it’s trailered or driven
- How often it’s taken out (e.g., for shows, events, or occasional drives)
Some policies even offer reduced premiums during storage months or include coverage for transport and exhibition.
3. Seasonal or Limited-Use Policies
Classic car insurance is designed for limited-use vehicles. You may qualify for lower premiums if:
- The car isn’t used as a daily driver
- Mileage stays below a set limit
- It’s only driven to car shows, parades, or on weekends
With the right policy, you can pay less for coverage that fits your usage—and avoid paying standard auto rates for a car you drive only a few times a year.
4. Add-On Protections You May Need
Depending on your vehicle and lifestyle, you may also want:
- Spare parts coverage (for rare or expensive components)
- Apparel or memorabilia protection (if you’re a serious collector)
- Emergency roadside assistance for classic cars
- Restoration coverage if your vehicle is a work in progress
Let’s Keep Your Classic Covered
Whether you’re displaying your vintage Mustang at a local show or taking your ‘64 Impala for a weekend drive, classic car season is the perfect time to review your policy.
At ABQ Insurance, we’ll help you find specialty coverage that honors your car’s value, condition, and usage. If you’re unsure where your current coverage stands—or you’ve never had classic car insurance before—we’ll walk you through it step-by-step.
Ready for a quote tailored to your collector car? Contact ABQ Insurance today and make sure your showpiece is truly protected this season. 505-217-2100
