Insuring a Rare Classic Car? GEICO Has You Covered

When it comes to protecting your prized classic car, not all insurance policies are created equal. Whether you own a vintage Mustang, a rare Porsche 356, or a meticulously restored Chevrolet Bel Air, securing the right coverage is crucial. GEICO, a trusted name in auto insurance, offers specialized classic car insurance designed to meet the unique needs of collectors and enthusiasts.

Why Classic Car Insurance Is Different

Standard auto insurance policies are built for everyday drivers, not for rare, high-value vehicles that appreciate over time. Classic cars require specialized coverage because:

Agreed Value vs. Actual Cash Value

Most standard policies use actual cash value (ACV), which factors in depreciation. But classic cars often increase in value, meaning ACV could leave you underinsured. GEICO’s classic car insurance offers agreed value coverage, where you and the insurer agree on the car’s worth upfront, ensuring you’re fully compensated in case of a total loss.

Limited Mileage, Lower Premiums

Classic cars aren’t daily drivers—they’re weekend cruisers or show cars. GEICO’s policies account for limited mileage, which often means lower premiums compared to standard insurance.

Specialized Repair Requirements

Restoring or repairing a classic car isn’t like fixing a modern sedan. GEICO’s classic car insurance often includes flexible repair options, allowing you to work with specialized mechanics who understand vintage vehicles.

How GEICO Stands Out in Classic Car Insurance

Trusted Expertise

With decades of experience in auto insurance, GEICO understands the nuances of classic car ownership. Their policies are tailored to protect against risks like:
- Theft (classic cars are prime targets)
- Damage from improper storage
- Accidents during transport to shows

Competitive Rates

Because classic cars are driven less and stored securely, premiums are often more affordable than standard policies. GEICO offers discounts for:
- Multiple classic cars
- Membership in car clubs (e.g., Antique Automobile Club of America)
- Secure storage in a locked garage

Seamless Claims Process

Filing a claim for a rare car can be stressful, but GEICO’s streamlined process ensures quick, fair resolutions. Their adjusters are trained to handle classic car claims with the care they deserve.

Real-World Concerns for Classic Car Owners

Climate Change and Extreme Weather Risks

With increasing hurricanes, floods, and wildfires, protecting your classic car from environmental damage is more important than ever. GEICO’s policies can include comprehensive coverage for weather-related incidents.

Rising Theft Rates

Classic cars are high-value targets for thieves. GEICO offers anti-theft discounts if you install GPS trackers or alarm systems.

Supply Chain Issues for Rare Parts

Global supply chain disruptions make it harder to source vintage parts. GEICO’s policies can account for increased repair costs due to part scarcity.

How to Get the Best GEICO Classic Car Insurance

1. Document Your Car’s Value – Keep appraisals, restoration receipts, and photos.
2. Choose the Right Mileage Limit – Estimate how much you’ll drive annually.
3. Secure Storage Matters – A climate-controlled garage can lower premiums.
4. Bundle Policies – If you insure multiple vehicles or homes with GEICO, you may save more.

Owning a classic car is a passion—insuring it shouldn’t be a headache. With GEICO’s tailored classic car insurance, you can hit the road (or the show circuit) with confidence, knowing your investment is protected.