Owning a classic or vintage car isn’t just about transportation—it’s about passion, preservation, and pride. Whether you drive a restored Mustang, a ’57 Chevy, or a vintage Porsche, your vehicle deserves protection that goes beyond standard auto insurance. That’s where classic car insurance from Petruzelo Insurance comes in.
Why Classic Cars Need Specialized Coverage
Traditional auto insurance policies are designed for vehicles that depreciate over time. But classic cars often appreciate in value. Standard policies calculate payouts based on actual cash value (ACV), which deducts for age and wear—leaving you underinsured in the event of a total loss.
Classic car insurance uses an “agreed value” approach instead. You and your insurer determine the vehicle’s value upfront, and that’s the amount you’ll receive if the car is stolen or totaled—no depreciation, no surprises.
Key Considerations for Classic Car Owners
To qualify for classic or collector coverage, your vehicle typically must:
- Be at least 20–25 years old (though certain modern collectibles may qualify).
- Be kept in good condition and used for limited driving—like shows, parades, or pleasure trips.
- Be stored securely, often in a private or enclosed garage.
Specialized coverage may also include:
- Restoration coverage for vehicles under repair.
- Spare parts coverage for hard-to-find components.
- Flexible mileage plans tailored to your driving habits.
Tips for Protecting Your Investment
- Keep detailed photos and documentation of restoration work and appraisals.
- Update your policy as the vehicle’s value changes—especially after upgrades.
- Drive responsibly and protect your vehicle from harsh weather and extended sun exposure.
At Petruzelo Insurance, we understand that classic cars are more than machines—they’re memories and milestones. Our experienced agents can help you secure custom coverage that honors your investment and ensures it’s protected for years to come.