Classic Car Insurance: 5 Frequently Asked Questions

Much like your ride, classic car insurance never goes out of style.

Serving the greater Sanger, TX community, our experienced agents at Hermes Insurance Solutions can build you a customized insurance policy from the ground up. To help determine what coverage is best for you,  here we answer five common questions about classic car insurance.


What is classic car insurance?

Classic cars are special. Your insurance should be too. Classic car insurance is crafted specifically for owners of vintage vehicles. These policies will share some similarities with traditional auto insurance. However, there are much greater options and specialization.

How is classic car insurance unique?

Classic car insurance differs from standard auto policies by using a principle called "agreed value coverage." When purchasing insurance, your car’s monetary value is decided by you and your agent. This is usually set by a professional appraisal.

What types of vehicles are protected?

Classic car insurance is usually divided into three categories: exotic, antique, and custom. These distinctions are mostly influenced by a vehicle’s age. Modified and custom vehicles are the trickiest. That’s because these changes can both add or detract from its value.

What cars are eligible?

Your ride must meet certain qualifications. First, your car must fit into one of the previously-mentioned groups. But there are restrictions based on use too. Classic car insurance only applies if it isn’t your primary vehicle. You must have another car for daily use.

How much does classic car insurance cost?

Rates are determined by a car’s make, model, and total mileage. However, classic car insurance is typically less expensive than traditional auto insurance. 

Get The Right Coverage For Your Vintage Vehicle Today

Luckily, Hermes Insurance Solutions in Sanger, TX serves up more than just answers. Their team can craft a classic car insurance policy that’s perfect for you and your vintage ride. Schedule an appointment today.