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Updated
Classic car insurance protects you from the loss of the vintage car in addition to protecting you against general liability.
In Georgia, full-coverage classic car insurance costs an average of $209 per month.
Car collectors in Georgia should consider the risk of hurricanes when shopping for classic car insurance.
If you have a classic vehicle in Georgia, it’s a good idea to have a classic car insurance policy for it. Classic car insurance is similar to traditional auto insurance in that it provides standard coverages, including liability, collision, and comprehensive. But a classic vehicle isn’t the same as your average daily driver, so its insurance needs are also different.
Antique cars and other collector cars generally have an appreciating car value, unlike most vehicles that depreciate as you drive them. For that reason, classic car insurance typically imposes mileage limits on how much you can drive your collector car. You must also own a primary vehicle that you use as a daily driver.
Additionally, collector car insurance policies typically have storage requirements that spell out the need for your classic vehicle to be stored in a private, lockable, and enclosed structure when not in use.
The biggest difference between regular auto insurance and classic car insurance is the agreed-value coverage. Since the car value of an antique vehicle is determined by condition, market, and buyer rather than normal depreciation, you and your classic car insurance agency must mutually determine the agreed value of your vehicle.[1]
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Not every vintage car or collectible vehicle can qualify for classic car insurance in the Peach State. Here are three specific eligibility requirements you must meet to qualify for classic car insurance in Georgia:
Georgia requires a vehicle to be more than 25 years old or designed and manufactured to resemble an antique automobile to qualify for a vintage car license plate.[2]
This doesn’t necessarily mean your 2000 Chevrolet Metro automatically qualifies for classic car insurance, since collector car insurers may have their own set of age and collectibility requirements to qualify for insurance coverage.
Nearly every classic car insurance policy imposes usage restrictions on the insured classic vehicle. Specifically, you can’t use your vintage car as a daily driver to commute to work and run errands.
But whether you have a mint-condition 1979 Porsche 911 or are restoring a 1966 Pontiac GTO on the weekends, classic car insurance mileage limitations do allow for travel to car shows and car club meetups. So you can commune with your fellow German engineering enthusiasts or muscle car gearheads.
If you’re requesting a classic car insurance quote, it’s important to have a driving history free of serious driving offenses. Most classic car insurance companies won’t offer coverage to drivers who have a history of reckless driving, repeated speeding violations, or driving under the influence, since it increases the chances that you may make a claim on your vintage car.
The average cost of classic car insurance in Georgia is $125 per month for liability-only coverage and $209 per month for full coverage, according to Insurify data. Compare this to the average cost of standard car insurance in Georgia, which is $208 per month.
In Georgia, 19% of drivers are uninsured, which could affect the cost of classic car insurance. Additionally, if you live within the 136 square miles that make up the Atlanta metropolitan area, that may also affect the price of your classic car insurance policy. Atlanta is the sixth-largest city in the U.S. It sits at the crossroads of three major interstate highways and encompasses a great deal of urban sprawl. All these factors can increase the likelihood of traffic and accidents, even during non-peak driving times.
Coverage Type  | Average Monthly Cost in GA |
|---|---|
| Classic car insurance | $167 |
| Standard car insurance | $208 |
A number of quality insurance companies offer coverage for collectible vehicles in Georgia. Unlike for standard auto insurance, you may not be able to get a quick quote online since you’ll need to talk to the insurance agency about your classic car’s agreed value. Make sure you compare quotes, coverage options, and agreed-value coverage before choosing an insurer.
To get you started, the following three classic car insurance companies offer some of the best insurance coverage to classic car owners in Georgia.
Hagerty knows and loves classic cars. This national specialty insurer offers coverage options for cars and trucks older than 25 years, high-value vehicle collections, modified vehicles, tractors, military vehicles, motorcycles, scooters, boats, and more.
Hagerty requires that you drive your classic vehicle only for pleasure or to attend car shows or car club events. Additionally, you must park the collectible car off-street. Every member of your household with a driver’s license must have a primary vehicle they use for a daily driver. You must have regular auto insurance in your own name, and you can’t have any serious driving infractions on your record in the last three years.
If you want an insurer that takes the classic car community seriously and will help connect you with classic car owners throughout Georgia, South Carolina, Florida, and the rest of the Southeast region, Hagerty will help you find your people, whether or not you choose it as your classic car insurance company.
Specializes in classic and collectible vehicles
Premiums are typically lower than for daily drivers
Up to $750 in spare parts coverage
Doesn’t offer homeowners or life insurance for bundling
Driver eligibility requirements apply
Must have 10 years’ experience to operate an insured motorcycle or high-performance vehicle
| User Reviews | 3.8 |
|---|---|
| IQ Score The Insurify Quality (IQ) Score uses more than 15 criteria to objectively rate insurance companies on a one-to-ten scale. The Insurify editorial team researches insurer data to determine the final scores. | 8.5 /10 |
| Liability Only Liability-only insurance, sometimes called minimum-coverage insurance, pays for bodily injury and property damage to others in an accident the policyholder causes. It does not pay for the insured’s own damages. | $105/mo |
| Full Coverage Full-coverage car insurance generally includes liability, collision, and comprehensive coverage, and may include other optional coverages such as uninsured motorist coverage. Collision covers a policyholder’s repair or replacement costs in case of an accident. Comprehensive covers damages caused by non-accident events. The average quote displayed here reflects policies with the following coverage limits: $50,000 bodily injury liability per person; $100,000 bodily injury liability per accident; $50,00 property damage liability per accident; $1,000 collision deductible; and a $1,000 comprehensive deductible. | $213/mo |
Farmers's score | Industry average | |
|---|---|---|
| Coverage options | 3.7 | 3.2 |
| Customer service | 3.7 | 3.6 |
| Discounts | 3.4 | 2.9 |
| Policy transparency | 3.5 | 3.1 |
| Value | 3.2 | 2.9 |
Customers appreciate the helpful agents and good initial quotes but dislike the consistent rate increases and lack of senior discounts. Some also reported issues with claim handling and communication.
In addition to offering its standard auto insurance policy options, Farmers Insurance has several products for collectible vehicles. Classic car drivers in Georgia can access agreed-value coverage through Farmers, as well as coverage for their vintage cars when they’re parked at an event or taken outside of the normal coverage area, such as when you bring your antique car out of the country for a car show.
You can also add a “no attendance” clause to your policy, which covers damage to your car even when you’re not with it, which is very helpful for any collector who spends time at car shows. This rider gives you peace of mind while you’re at a car show so that you don’t have to babysit your antique automobile 24/7.
Farmers has a large number of insurance agencies throughout Georgia, making this insurance company an easy choice for any classic car driver who wants to work directly with a local insurance agent.
Can bundle home insurance with classic car insurance
Original equipment and parts coverage available
Specialized roadside assistance coverage available
Has higher premiums than competitors
Below-average J.D. Power customer satisfaction rating
Negative Trustpilot reviews
In addition to its specialty home insurance, pet insurance, and several other specialty coverage options, American Modern offers collector car insurance for drivers of everything from muscle cars to antique vehicles, kit cars to exotics, special interest vehicles to race cars.
American Modern has stricter eligibility requirements than other classic car insurance companies: It’ll cover only classic cars that are in “good to pristine” condition and stored in a locked garage. But with that requirement comes an excellent perk: If you add an antique car to your collection, American Modern will automatically cover it for up to $50,000, and you have up to 30 days to contact your insurance agency to add it to your policy.
Georgia classic car drivers may be especially interested in American Modern since the company includes disaster relocation expenses in its regular collector vehicle policy. The Peach State is regularly at risk for hurricanes, and even locked garages don’t necessarily protect beloved collectible cars from extreme weather.
Spare parts coverage included
Optional car value appreciation coverage available
Automatic $50,000 coverage for newly purchased antique vehicles
Only covers vehicles in “good to pristine” condition
Vehicles must be stored in a locked garage
AM Best recently withdrew its A+ (Superior) rating
Our editorial team analyzed regional and national auto insurance companies that sell policies in Georgia to assess which offer the best rates, coverage options, customer service, and savings to drivers. We prioritized competitive rates, 24/7 customer service, low-mileage discounts or programs, safe driving discounts, homeownership discounts or bundling options, and specialty or supplemental coverages.
Standard auto insurance focuses on protecting you financially in the event of an accident. A classic car insurance policy is also designed to protect you financially, but it recognizes that financial hazards are different for classic car owners.
Since the collectible car is an investment rather than a depreciating asset, the auto insurance policy doesn’t just protect the driver from liability and the cost of getting into an accident like regular auto insurance. It also protects the classic car.
This means your classic car insurance coverage will protect you if you cause an accident that injures someone or damages their property. But it also means your investment in the vehicle is protected if the next big hurricane bearing down on Georgia floods the garage where you store your vintage car. After you pay your deductible, the classic car policy will pay for you to repair the water damage to your beloved vehicle.
If you need to file a claim with your classic car insurer, you’ll need to fully document the damage to your vehicle with photographs and supporting documentation. This is often a more comprehensive process than the one standard auto insurance requires, in part because classic cars typically need specialized spare parts and repair. The insurer will usually send an adjuster to evaluate the vehicle.
Protect your classic car and your wallet
In the event of a total loss, a standard auto insurance policy will reimburse you the actual cash value of your daily driver, which is the cost to replace your vehicle minus depreciation. If you have agreed-value coverage for your vintage car, your policy will reimburse you the agreed value, which is what the car would be worth in the collector market.
To determine agreed value, insurance companies typically use appraisals, photos, and documentation, in addition to paying attention to the collector market.
Georgia classic cars tend to be sought after, since they aren’t exposed to the rust-causing salt on winter roads or harsh sunlight and heat that destroys paint, plastic, and rubber. This means classic car owners in Georgia can typically command higher agreed values than vintage car enthusiasts elsewhere in the country.
For example, the Honda Element (manufactured between 2003 and 2011) has become something of a collector’s item among car enthusiasts. Although the original MSRP of the 2003 Element was between $18,000 and $21,000, the current actual cash value, accounting for depreciation, is about $4,000.[3]
But some collectors are willing to pay upwards of $16,000 for a 2003 Element in good condition. While the value of the 2003 Honda Element in the normal market is low, it can be much higher in the collector market, so you need agreed-value coverage in the event of a total loss.
In addition to general liability coverage, most classic car insurance covers the following:
This kind of coverage pays for losses from anything other than an accident, such as hurricane damage or theft of the vehicle. Considering Georgia’s high risk of hurricanes and the fact that it ranks 10th in the nation for vehicle thefts, comprehensive coverage is an important part of your classic car insurance policy.
If you get into an accident with your vintage car, collision coverage will help cover the repairs. Some classic car insurers pay up to the agreed-upon value of the car, not its depreciated value, if your car suffers a total loss.
Antique vehicles can sometimes break down. Roadside assistance coverage within a classic car insurance policy will cover the cost of transporting your beloved vintage vehicle to an appropriate repair shop, often via flatbed truck. This coverage may also take care of flat tires and jump-starts.
Unless you’ve registered for a vintage car license plate, you don’t have to carry a specialized classic car insurance policy to drive your antique automobile in Georgia. But you do need to carry at least the state-minimum coverage to get behind the wheel. Specifically, Georgia mandates the following minimum auto insurance requirements:
$25,000 in bodily injury liability coverage per person
$50,000 in bodily injury liability coverage per accident
$25,000 in property damage liability coverage
Driving without insurance can result in fines and suspension of vehicle registration and may result in the vehicle being impounded.[4]
Score the best car insurance rates for your car
Owning a classic car in Georgia comes with certain risks that you should be aware of, including:
Extreme weather conditions: Georgia is a coastal Southern state right in the path of storms every hurricane season. No matter how securely you store your classic car, a hurricane can send floodwaters, flying debris, or other unexpected perils in your vehicle’s direction.
Uninsured motorists: Nearly 1 out of every 5 drivers on Georgia’s roadways doesn’t have insurance, according to the Insurance Information Institute. Although your classic car insurance should cover your investment in your vehicle if you’re in an accident with an uninsured motorist, drivers without insurance are statistically much more likely to cause an accident.
Vehicle theft: Georgia ranks 10th in the nation for vehicle theft. But storing your collectible car in a locked garage will help deter thieves and may be a condition of your classic car policy.
If you’re looking for the right classic car insurance policy in Georgia, the answers to the following questions can help.
Yes. Several classic car insurance companies operate in Georgia, including Hagerty, Farmers, and American Modern, as well as standard insurers like Farmers, State Farm, and GEICO.
Georgia requires a vehicle to be more than 25 years old or designed and manufactured to resemble an antique automobile to qualify for a vintage car license plate. But even if you don’t qualify for a vintage license plate in Georgia, a newer car that’s considered exotic, collectible, or otherwise unique may still be eligible for classic car insurance, depending on the insurer.
Georgia offers the vintage car license plate to vehicles that are more than 25 years old or vehicles designed and manufactured to resemble a historic car.
The average cost of classic car insurance in Georgia is $125 per month for liability-only coverage and $209 per month for full coverage, according to Insurify data.
Insurify data scientists analyzed more than 190 million quotes served to car insurance applicants in Insurify’s proprietary database to calculate the premium averages displayed on this page. These premiums are real quotes that come directly from Insurify’s 500+ partner insurance companies in all 50 states and Washington, D.C. Quote averages represent the median price for a quote across the given coverage level, driver subset, and geographic area.
Unless otherwise specified, quoted rates reflect the average cost for drivers between 20 and 70 years old with a clean driving record and average or better credit (a credit score of 600 or higher).
Liability-only premium averages correspond to policies with the following coverage limits:
Quotes for Allstate, Farmers, GEICO, State Farm, and USAA are estimates based on Quadrant Information Services’ database of auto insurance rates.
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Plutus Award winner
Over 12 years writing about insurance and personal finance
Featured in
Licensed property and casualty insurance agent
10+ years editing experience
NPN: 20461358
Featured in
Licensed auto and home insurance agent
4+ years experience in insurance and personal finance editing
NPN: 20564519
Featured in
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