Whether it’s a ‘67 Mustang, a custom-built restomod, or a vintage Porsche that only sees daylight on weekends, collector cars aren’t like your average daily driver, and they shouldn’t be insured like one either.
If you’re still using a standard auto policy for your classic or collectible, you could be leaving your investment (and your peace of mind) unprotected. Here’s why collector car insurance is built differently, and why it’s the smarter choice for true enthusiasts.
Coverage Essentials for Collectors
- Guaranteed Value Coverage
Unlike standard policies that pay out actual cash value (which factors in depreciation), collector car insurance offers guaranteed coverage, also known as “agreed value.” That means you and the insurer agree upfront on what your car is worth, and if it’s totaled, you receive that full amount. No surprises. No haggling. No disappointing payout.
- Standard Policies Fall Short
A typical auto policy is designed for daily use, commuting, and high-mileage wear and tear. It doesn’t reflect the reality of collector ownership, where the car may be driven sparingly, stored in a garage, and meticulously maintained.
Even worse, most standard insurers won’t recognize the specialty parts, rare components, or custom upgrades that make your car unique. That’s why dedicated collector car insurance exists, to insure the car you actually own, not just the VIN number.
- We Know Collector Cars
At Kwan Insurance Services, we work with carriers that truly understand collector vehicles. You get more than just coverage, you get a policy written by enthusiasts, for enthusiasts.
Need to use a specialist shop or do the repairs yourself? Not a problem. Many collector car policies let you choose your repair method, because we know the person who cares most about your car is probably you.
- It’s About More Than Just Cars
Collector car insurance isn’t just protection, it’s access to a whole community. From curated events and driving tours to expert supposed and valuation tools, this coverage opens doors to a lifestyle centered around passion and preservation. You’ll get:
- Flexible policies for real-world use (like car shows, weekend drives, and restoration projects)
- Support from true car enthusiasts who know the difference between a factory rebuild and a labor-of-love restoration
- Invites to community events, clubs, and educational resources
It’s not just insurance. It’s a netowrk, a safety net, and a way to stay connected to what you love.
Final Thoughts
Collector cars deserve more than just standard protection. They need a policy that respects their value, their rarity, and the way they’re used. With the right coverage, you don’t just protect your investment, you support a lifestyle that’s all about craftsmanship, history, and heart.
At Kwan Insurance Services, we’re proud to help fellow enthusiasts find the right coverage for their classics, customs, and collectibles. Whether you’re preserving a family heirloom or restoring your dream ride.
The bottom line: Insurance rates can vary significantly between providers. Even if you’ve been with the same company for years, it pays to compare quotes annually. Many insurers are offering competitive discounts in 2025, especially for safe drivers or bundled policies.
Tip: Use comparison tools or work with a trusted local agent to see if you can get the same coverage at a lower rate.
