Classic Auto Insurance
Own a vintage, antique or collector vehicle that’s not for daily use? Speak with one of our brokers and start saving on classic car insurance today.
Classic, old and antique
Classic vehicles aren’t just cars—they’re a passion. Whether it’s a beautifully restored muscle car, a vintage pickup, or the project you’ve spent countless weekends bringing back to life, your classic deserves insurance that recognizes it’s something special.
Classic vehicle insurance is designed for how these cars are actually used: fewer kilometres, careful storage, weekend cruises, car shows, and maybe the occasional excuse to take the long way home. Coverage can also be tailored to the vehicle’s collectible value, rather than treating it like an everyday commuter.
Because when you’ve put time, money, and plenty of elbow grease into your classic, you want insurance that appreciates what’s sitting in your garage.
It’s not just transportation—it’s a piece of history with horsepower.
We insure all kinds of classics
No matter what kind of classic you drive, we’ll get you excellent coverage for your treasure.
Classic trucks
Save on insurance for your Lil’ Red Express, Chevy Cameo or Jeep Scrambler.
Classic military
Military buffs, we have coverage for your Dodge WC52, Bantam Jeep or other retired army vehicle.
Hot rods and modified
Own a vintage mod? We can help you insure it for what it’s worth.
Restored motorcycles
We’ll insure your vintage Yamaha, or any other motorcycle that has been restored.
Antique cars
Whether it’s a classic Bel Air or Carroll Shelby’s finest Cobra, we’ve got great coverage.
Antique tractors
Get coverage for the full appraised value of your old Massey Ferguson and more.
Retied commercial
Refurbished a ’25 Morris Cowley or ’67 ice cream truck? We’ll make sure it’s protected.
Collectible boats
Not actually a classic vehicle, but we can look into older wood or fiberglass boats.
Unique coverages
Under restoration
Because the process of restoring a collector vehicle is a significant part of the hobby, we are happy to offer coverage for vehicles that are being “actively” restored.
Comprehensive
Comprehensive coverage pays to repair or replace your vehicle if it’s stolen or damaged by fire, vandalism, extreme weather, or flying debris on the road.
Increased limits
Increase your limits for liability and/or accident benefits for medical, rehabilitation, attendant care, income replacement, death and funeral benefits.
Collision coverage
Collision coverage pays to repair or replace your car after an accident. For a small additional premium, loss of use coverage pays for a rental while your car’s in the shop.
Cherished salvage
In the event of a covered total loss, keep your vehicle and still receive its guaranteed value. Often the insurer keeps the salvage, but you might want to restore the vehicle again.
Guaranteed value
We use industry-leading tools to help you determine the true value of your classic, then create a guaranteed value policy that covers it.
Frequently asked questions about classic vehicle insurance
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Classic car insurance in Ontario starts as low as $300 a year. On average, most policies tend to cost $600 – $800 annually but the price can be higher depending on the vehicle. Your premium will depend on a number of factors that are unique to you and the value of the classic car you want to insure.
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Classic car insurance only provides coverage for pleasure or leisure use of the vehicle. Insurance companies providing classic car coverage require proof that you own and have insured another vehicle that you use as a daily driver. If you want to use your vintage ride as a daily driver, you’ll need regular or standard auto insurance.
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This varies between classic car insurers, but generally speaking vehicles need to be at least 20 years old to qualify for classic car insurance. Some insurance companies will cover vehicles that are newer than that if they are considered highly collectible or have limited-edition status. An insurance broker can help determine which types of insurance your prized vintage automobile is eligible for.
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To qualify for classic car coverage, your vintage beauty needs to meet a few requirements. Some insurers may have slightly different rules, but generally:
Age – We can insure vehicles that are newer that 20 years old so long as they are collectible in some way. This usually means limited production models or cars that the insurers just seem to deem collectible. Examples would commonly include things like Porsches, Corvettes and even small convertibles like Audi TTs and Mazda MX5s. They are even now getting into pickup trucks. Other insurers define classics as 1948 models and earlier, and vehicles older than that may be called vintage or antique.
Usage – In Ontario, your classic vehicle should be for limited pleasure use in the summer and not driven in the winter. It shouldn’t be the car you drive every day to get to work and run errands. Some insurers have annual kilometre limits.
Storage – Insurers expect that your collector car will be put away and kept indoors for the winter. This helps reduce the risk of damage and maintains the value of the vehicle.
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Unlike standard auto insurance, which is based on the declining value of a car, coverage for a collectible car needs to consider the possible appreciation in its value as well as replacement value.
Classic car insurance is also intended for limited pleasure or leisure use. This vehicle is not the car you drive every day. Some insurers only allow a limit of 5,000 kilometres of driving each year.
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In most cases, appraisals are not required. That being said, because of the time and money you’ve invested in your prized ride, it may be worthwhile to still get an expert appraisal done to assess its value. You may be able to use this to protect your car based on Agreed Value Coverage, providing extra peace of mind in the amount it’s insured for.
Save on property insurance with bundle discounts
Combine your home and auto coverage to save 10-20% on your premium.