Collectable & Classic Car Insurance in Colorado Springs

Find coverage with collectible car insurance

When it comes to vintage cars, you want an auto policy you can count on. As a vintage car owner, you probably have automobilia, car restorations, and unique parts and tools you want to ensure are sufficiently covered. Don’t let a distracted driver or a bad hail storm leave you stranded without coverage. From hot rods, antiques, muscle cars, custom vehicles, and more, Alliance Insurance of the Rockies will provide you with affordable classic car insurance in Colorado Springs that protects you and your vehicles.

Is Your Insurance Protecting You?

Classic Car Insurance vs. Regular Car Insurance

Classic car insurance differs from a standard auto policy. If your car’s value is more than what it originally sold for, it’s most likely considered a classic or collectible car. Having classic car insurance is a must for individuals with a vintage vehicle. Here is what you can expect when working with Alliance Insurance of the Rockies to purchase your collectible care insurance:

Peace of mind – With a classic car insurance policy from Alliance Insurance of the Rockies, you never have to worry about unpredictable events leaving you uninsured and out of luck.
Financial security – In the event something happens to your classic car, you can rest easy knowing your car is covered and your finances won’t be negatively impacted.
A trusted insurance partner – Navigating various insurance plans and choosing the right one for your collectible car can be a challenge. Alliance Insurance of the Rockies is your knowledgeable insurance partner. We’ll always be there to answer your questions and give you advice.

Types of Classic Car Insurance Policies To Keep You Covered

As a classic car owner, you want a comprehensive insurance policy to protect it. Depending on the type of car and your unique needs, we’ll help you pick a plan that works for you and gives you the peace of mind you need to enjoy your vintage car to the fullest. The types of plans we offer include:

Agreed Value Coverage

Unlike standard vehicles, classic cars appreciate over time, so it's necessary to have an insurance policy that adjusts for any increase in value. An agreed value policy will cover the initial value of your vehicle and any appreciation. You may have to show proof of restorations, upgrades, what you paid for the car, and comparative vehicle prices to obtain the coverage you want.

Restoration Coverage

If you're restoring a car, our insurance brokers can match you with a policy to fit your needs. Some insurance companies provide policies for cars undergoing restoration that cover your tools and automatically increase every quarter. To be eligible for restoration coverage, you must restore a vehicle with the original design and parts.

Spare Parts Coverage

If you collect vintage vehicles, you most likely have many replacement parts for future constructions. A spare parts coverage policy will protect you if something happens to your specialty equipment or replacement parts. If you want protection for the spare parts you have on hand, Alliance Insurance of the Rockies can find you an affordable spare parts coverage policy.

Cherished Salvage Coverage

Every classic car owner's nightmare is their car being totaled and ruined. Luckily, cherished salvage coverage policies allow car owners to keep their vehicles and still receive a payout from their insurance companies. However, the damage must occur by something already covered by their policy, such as a flood or car collision. Then, the only thing they'll have to pay is the deductible.

Disabled Vehicle Coverage

This insurance policy covers roadside assistance, like towing fees and fuel delivery. Some insurance companies even offer transportation, lodging, and food coverage if your car breaks down while you're a certain distance from home. This type of coverage is called trip interruption insurance.

Why We’re Different

As you probably know, collector, antique, vintage, and other classic automobiles gain value over time, so you want to protect your investment as much as possible. Some benefits of purchasing a vintage car insurance policy in Colorado Springs include:

Receiving the total replacement value of your vehicle if it’s stolen or totaled
Getting special transportation services for your car if towing is needed
Receiving accessible coverage for your restoration tools and automobilia.
A higher reimbursement if you’re in a crash and your collectible vehicle sustains damage

Classic Car Insurance Requirements

A collector car insurance policy has unique benefits. There are specific requirements you will need to meet to qualify for this kind of coverage. Classic car policies from Alliance Insurance of the Rockies cover but are not limited to:

In addition to the type of vehicle, you need to meet the following requirements.

Age

Most insurance policies will require your car to be between 10 and 20 years old, if not more. The one exception to this requirement is that newer collector cars may still be eligible for collector car insurance.

Amount Of Use

Most insurers will also place an annual mileage limit on your car. Some insurers will even require you to own a primary vehicle for regular use to make sure you're not a daily driver of your classic car.

Car Condition

Another factor your policy will consider is the condition of your car. Before an insurance company provides you coverage, they want to ensure proper care of your vehicles.

Storage

Additionally, most auto insurance companies require vehicle storage in a locked, enclosed structure. The type of car storage you have will help determine how much you pay for insurance coverage.

COLLECTOR CAR INSURANCE FREQUENTLY ASKED QUESTIONS

How is collector car insurance coverage different from regular auto insurance coverage?

Collector car insurance, or classic car insurance, is designed for the unique needs of owning a classic car. Some of the perks that vintage car insurance policies have that differ from regular auto insurance coverage may include spare parts coverage, agreed value coverage, and special towing services.

How old should my car be before it's considered a classic vehicle?

Every policy differs, but most insurance companies consider a vehicle classic once it’s ten years or older. However, this doesn’t mean that it’s automatically a classic vehicle if you own a ten-year-old car. Remember, in addition to the age of your vehicle, there are other requirements you’ll need to meet.

Will my driving history impact my classic car insurance?

Like your typical auto insurance policies, your driving record affects the cost of your classic car insurance. For instance, if you have a poor driving record, an agent may consider you a high-risk driver, and your policy would be more expensive.

Can I bundle my regular car insurance with my collector car policy?

While not previously possible, some insurance companies will now allow you to bundle these two types of automobile policies. If this interests you, an Alliance Insurance of the Rockies agent can find an insurance company that offers this option.

Is liability insurance mandatory?

Yes! Liability insurance ensures uninsured drivers stay off the road and lowers the expenses of those who get into accidents that aren’t their fault.

Why should I work with Alliance Insurance of the Rockies?

Alliance Insurance of the Rockies functions independently, meaning we aren’t motivated to upsell you like many other insurance companies try to do.

OUR CARRIERS

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Request a No-Obligation Classic Car Insurance Quote

Whether you own a vintage car or collect classic cars, the last thing you want to worry about is inadequate coverage. At Alliance Insurance of the Rockies, we’ll discuss your needs in-depth and present you with efficient classic car insurance options. As a Colorado Springs insurance broker, our priority is always you. If you’re looking for an insurance policy so you and your car have the protection you need, fill out our form, and one of our insurance agents will contact you soon!

(719) 687-6364

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