Save an average of 30% on insurance for your classic car in just three minutes.

Our brokers will help you secure the best insurance for your classic car by comparing quotes from the 10+ leading companies in Canada.

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Insurance for classic cars.

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Protect your classic car with customized insurance.

Every day, licensed brokers at DirectRate.ca work one-on-one with car enthusiasts, sharing their expert knowledge of the best classic car insurance in Canada.

When it comes to questions about how to insure a classic car, we’ve got you covered.

From classic car insurance requirements and restrictions to recommendations on classic car insurance with no mileage limits and everything in between, we have the answers.

 
 
 

How does it work?

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Enter your information – it takes less than three minutes.
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Get 10+ quotes for classic car insurance.
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Secure your rate by talking to a licensed broker.
 
 

We compare rates from Canada's top providers, including:

 

Why work with DirectRate.ca?

Customization is key when it comes to insuring a classic car.

At DirectRate.ca, we find you the best classic car insurance coverage for the lowest rate by building a policy that suits your lifestyle.

From customizing policies that offer daily insurance for classic car drivers to discussing the best muscle car insurance rates, we’ve got options for you.

 
 
 

Get a free quote today.

It’s fast, free, and help is just a call away.

Call us – we’re ready to help.
1-855-754-0350.
 
 
 

Different types of classic cars.

Typically, a car is considered a classic when it’s more than 20 years old and an antique when it’s more than 45 years old.

However, there isn't a single definition and different insurance providers can classify each differently.

For example, one of the insurance companies that DirectRate.ca works with classifies a classic car as at least 20 years old and an antique as at least 30 years old.

While there may be some regional differences in how the terms are used, the following is a reliable guide:

  • Classic
  • At least 20 years old, up to 40 years old.
  • Has not been significantly modified from its original manufacturer’s specifications.
  • Antique
  • More than 45 years old.
  • Has not been significantly modified from its original manufacturer’s specifications.
  • Is driven infrequently such as for parades and exhibitions.
  • Collector and vintage:
  • Dates back to when cars were first built (1919-1930).

When determining car insurance cost for vintage, collector, classic or antique cars, providers try to gauge the car’s value in the event of damage or loss.

  • Qualification criteria vary, however, some variables often considered include:
  • Good driving record - For example, 10 years of driving history, accident-free.
  • Limited Usage - Vehicle cannot be used for commuting. It can only be used for shows, parades, exhibitions with the occasional pleasure driving. Usually there are mileage restrictions such as no more than 5,000km/year.
  • Storage - The car needs to be stored in a garage.
  • A certain percentage, as specified by the insurance provider, should be original parts
 
 

Types of classic car insurance.

By law, Canadian drivers must have auto insurance for their antique cars.

For antique car owners, there are at least three ways to be insured:

  1. An endorsement called Agreed Value of Automobiles (19A) or Limiting the Amount Paid for Loss or Damage Coverage (19) can be added to the policy to limit the amount paid out in the event of a loss.

    A professional appraisal is required to substantiate the value and these appraisals need to be updated every five years and/or when the vehicle has been modified or restored.

  2. A classic or antique vehicle can be added to a standard policy, dependent on the insurance provider.
  3. A driver can purchase a policy that is specific to classic cars.

Licensed brokers at DirectRate.ca have expert knowledge of insurance restrictions for classic cars.

Connect with us to learn more about the insurance options available for you.

 
 
 

Frequently Asked Questions about classic car insurance.

How does classic car insurance work?

Classic or antique vehicles are assessed differently than everyday vehicles that depreciate every year. They are more valuable as a result of the money and time invested in keeping them in good condition.

A range of coverages are available – from classic car insurance with no mileage limit to classic car insurance for daily drivers.

The process for getting insured is the same as for gas-powered cars:

Start with a quote for collector car insurance in Canada.

Next, connect with a licensed broker at DirectRate.ca who will customize a policy that’s right for your vehicle, working one-on-one with you to review requirements for classic car insurance.

We’ll review classic car insurance rates, customize a policy for you and answer any questions you may have.

What qualifies for classic car insurance?

Most insurance companies provide coverage for cars that are up to 20 years old.

Cars that are older than 20 years can be considered classic cars.

Connect with a licensed broker at DirectRate.ca to get an auto insurance quote for your classic car and to discuss your coverage options: 1-855-754-0350.

In general, qualification criteria vary, however, some variables often considered include:

Good driving record - For example, 10 years driving history, accident-free.

Limited Usage - Vehicle cannot be used for commuting. It can only be used for shows, parades, exhibitions with the occasional pleasure driving. Usually there are mileage restrictions such as no more than 5,000 km/year.

Storage - The car needs to be stored in a garage.

A certain percentage, as specified by the insurance provider, should be original parts.

How much is classic car insurance?

In general, classic and antique car insurance rates vary depending on the value of the car and how you’ll be using it. To figure out if classic cars are expensive to insure, it’s essential to accurately establish the car’s value.

The coverages you choose will also impact classic car insurance cost.

For example, are you looking for a policy with no mileage limit? Are you looking for daily driver coverage? Are you looking for classic car insurance for an under 25 driver?

Work one-on-one with a licensed broker at DirectRate.ca to develop the perfect vintage auto insurance policy.

Are older cars cheaper to insure?

Insurance for older cars can be more expensive in part because of their potential replacement cost.

Speak with a licensed broker at DirectRate.ca to find out how you can secure the cheapest insurance for your classic car. We’ll help you tailor a policy so that you’re only paying for the coverage you need, nothing more.

Cars that are more than 20 years old, but are not considered classics, may be cheaper to insure if their replacement value is low.

Specialized insurance for muscle cars is also available.

Regardless of how an older car is popularly known – antique, classic, vintage, collector or muscle car – DirectRate.ca will find a solution that’s right for you.

What’s the best car insurance for old cars?

The best insurance for an old car depends largely on its value and how it will be used.

Speak to a classic car insurance broker at DirectRate.ca to find the best coverage for your vehicle and lifestyle.

To find out about the range of available choices, give us a call. We’ve done the shopping so you don’t have to.

Is it safe to buy classic car insurance online?

Yes, it’s 100% safe to get classic car insurance quotes online.

For classic car insurance in Canada, speak with a DirectRate.ca expert who can advise you on the range of available options.

We provide insurance quotes for antique cars over the phone and will work one-on-one with you to customize a policy that matches your car and how you use it.
There's no catch. Recommendations from our classic car insurance brokers are free.
When you know who to call, it's easy to find cheap insurance for old cars.