Classic car insurance typically offers coverage types similar to a personal auto insurance policy:
Liability auto insurance
This coverage pays for damage and injuries you cause to others. It also pays for a legal defense in case you are sued because over a car accident you caused. This coverage type is required in most states if you plan to drive your vehicle on public roads.
Collision and comprehensive insurance
Together, these insurance types cover a wide range of problems such as car accident damage to your own car, auto theft, vandalism, collisions with animals, fire, flood, hail, falling objects and riots.
Uninsured motorist coverage
This coverage pays for your medical bills if someone without insurance crashes into you. Some states require you to carry this coverage. In some states it can also cover car damage caused by an uninsured driver.
In addition to the standard coverage types, classic car insurance typically has some optional coverage types that you can tailor to your needs:
- Cherished salvage coverage
- Spare parts and automotive tools coverage
- Vehicle under construction coverage
- Automobilia coverage