Collector Car Insurance: Classic, Antique, or Just Outdated?

When it comes to collecting automotive, the age of a vehicle often plays a large factor in value, classification, registration and even insurance rates you’ll pay to protect your “baby”. Evaluating a vehicle’s classification also takes into account the year, make, model and any modifications made. Classifications like “classic,” “vintage” and “antique” are often colloquially misused by the average consumer and even some enthusiasts. This is likely because there is no universal standard definition of any of these classifications.

For example, According to the Classic Car Club of America, to earn a “classic” label the auto must be between 30 and 49 years old from the post-World War II era. However, the group makes the distinction between “classic” and “Full Classic Car” which is defined as a specific set of vehicles produced between 1925 and 1948. The group also acknowledges that time-period appropriate mechanical and vehicle components are also factors when classifying a vehicle.

However, the legal definition in most states for a classic vehicle is any older motor vehicle manufactured 20 years prior to the current year which has been maintained or restored to a condition which conforms to the manufactured specifications. Authenticity of production is another critical factor in classification as replica and reproductions are not considered classic vehicles. What’s more, most insurers set their own standards when it comes to classifying automotive, which can range from specific decade markers to specific years of release.

So is there a general rule for determining whether your vehicle is classic, vintage, antique or just plain old? Not really.

Based on the combination of guidelines and definitions set by collectors clubs and other industry authorities, a classic vehicle is one which is produced between 25 and 50 years ago. While “antique” vehicles are traditionally thought of as those automobiles produced before World War II, the Classic Car Club of America and the Antique Automobile Club of America (AACA) any vehicle 25 years or older can qualify as an antique. Thus more collectable vehicles are “antique” than truly Classic or otherwise classified.

Luckily age isn’t the only thing that matters when it comes to collecting vehicles, in fact, for many age comes as an afterthought to styling, features, performance, rarity and other factors. Whether you like the look and performance or the history of your collectables it’s important to keep them protected.

At Condon Skelly, we understand the importance of protecting your collectible, antique, classic, muscle and exotic cars is. That’s why we specialize in offering complete collectible car insurance. We’re a group of collectors, enthusiasts, and professionals who specialize in insuring all types of collector vehicles. Our team is as passionate about protecting your vehicles as you are about collecting them. We can help you secure affordable, industry-leading specialty car insurance coverage to protect your classic, antique, or exotic vehicles. For more information, contact our collectible car insurance specialists today at (866) 291-5694.