What Does Classic Car Insurance Cover?

At Oak Knoll Insurance, we understand the time and energy you've invested in your classic car. It's essential to have appropriate insurance coverage to help mitigate the associated financial risks. Contact us today for a classic car insurance quote.  


Classic Car Coverage Options 


You have numerous options for insuring your classic car. Your agent may recommend that you purchase the following coverages: 

• Agreed value coverage—Unlike standard auto insurance, classic car insurance often offers an "agreed value" option, meaning you and the insurer agree on a specific value for your car. The agreed value is the amount of money you may receive if your classic car is totaled in a covered incident or accident.

• Comprehensive and collision coverage—This policy may help protect you from the financial effects of theft, fire, vandalism or collision. This coverage may help you repair or replace your vehicle if it's damaged in one of these scenarios.

• Liability coverage—This policy is required for all Illinois drivers. It may help cover the other party's medical expenses and property damage after a covered accident.

• Roadside assistance—Whether it's a flat tire or mechanical breakdown, this coverage can help provide access to professional help if your insured vehicle breaks down and leaves you stranded.

• Uninsured/underinsured motorists coverage—This policy may help pay for your accident-related medical bills and damage to your classic car if you are the victim of a hit-and-run accident or if the responsible driver is uninsured or underinsured.