120+ more){kind=small}
7+ years in personal finance writing
Certified Financial Education Instructor
Jessica is a freelance writer, professional researcher, and mother of two rambunctious little boys. Her work has appeared in Time’s Stamped personal finance marketplace, Consumer Affairs, Forbes Advisor, Money Under 30 and more.
Jessica specializes in personal finance, women and money, and financial literacy. Jessica is fascinated by the psychology of money and what drives people to make important financial decisions. As an Insurify contributor since July 2023, she’s written hundreds of articles aimed at helping readers make informed decisions about insurance.
She holds a Masters of Science degree in Cognitive Research Psychology, and is a National Financial Educators Council Certified Financial Education Instructor.
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Licensed property and casualty insurance agent
10+ years editing experience
NPN: 21630969
MacKenzie Korris is an insurance copy editor with a producer’s license for property and casualty insurance in Missouri.
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Licensed property and casualty insurance agent
10+ years editing experience
NPN: 20461358
John is Insurify’s Chief Copy Editor, helping ensure the accuracy and readability of Insurify’s content. He’s a licensed agent specializing in home and car insurance topics.
Updated
Classic car insurance is specialized coverage that protects antique or high-value cars.
The right coverage can help protect your classic car against Maryland’s humid summers and high vehicle theft rate.
If you have a classic car from 1999 or earlier, you might be eligible for Maryland’s historical vehicle registration.
Classic car insurance in Maryland is a specialized type of auto coverage for antique or high-value cars. While regular cars typically depreciate in value, classic cars tend to increase in value over time. There’s no set value for certain classic cars. Instead, you and your insurer will have to agree on your vehicle’s value.[1]
Some classic car insurance policies might limit how often and when you can drive the vehicle. For example, your insurer may cover the vehicle only if you primarily use it for pleasure and car shows rather than for daily commuting or errands.
Your insurer may also have specific storage requirements. For example, it may require you to store your vehicle in a fully enclosed, locked structure rather than in your driveway or carport.
Get personalized quotes in the Old Line State, starting at an average of $116
To qualify for classic car insurance in Maryland, you need to meet certain eligibility requirements. These factors can vary between insurers, but common factors include:
To qualify as a classic car, vehicles usually need to be at least 25 or 30 years old. Some insurers also have age requirements for the driver. You may need to be at least 25 years old to buy classic car insurance.[2]
With a classic car policy, you typically can’t use your car for everyday errands and commuting. Some insurers may include mileage restrictions or require proof that you own another vehicle for everyday use. Insurers might also have limited-use provisions that permit you to drive the car only in certain circumstances, like to a car show or an auto club meetup.
In Maryland, about 1% of drivers have a driving under the influence (DUI) conviction, and more than 5% have a recent at-fault accident on their record, according to Insurify data. Unfortunately, these drivers may not qualify for classic car insurance. Most insurers require drivers to have a clean driving record before they’ll cover a classic car.
The average cost of classic car insurance in Maryland is $204 per month. That’s cheaper than the average of $248 per month for a standard car insurance policy.
Classic car insurance is often less expensive than standard coverage because it restricts how you can use and store your car.
A standard car insurance policy covers everyday travel for Maryland drivers. The state also has some of the highest vehicle theft rates in the country, according to Insurify data. Between thefts, traffic, and a long average commute of 32 minutes, Maryland drivers face many risks, which increases the cost of insurance.[3]
The table below shows the average monthly costs for classic and standard car insurance in Maryland.
Coverage Type | Average Monthly Cost in MD |
|---|---|
| Classic car insurance | $204 |
| Standard car insurance | $248 |
To properly protect your classic or antique car in Maryland, you need to find the right insurance company. To help narrow your search, we picked three of the best classic car insurers in Maryland.
Hagerty offers a wide range of coverages tailored to protect classic, exotic, rare, and historically significant collector vehicles. Hagerty allows you to personalize your coverage to suit your vehicle and your needs. For example, you might consider Hagerty’s 24/7 premium roadside support coverage if you plan to drive your classic car on Maryland’s rural roads.
Local agents available
Excellent Trustpilot rating
Online quotes available
Classic car policies restrict daily commuting
Generally not available to drivers with serious infractions
Strict storage requirements
From hot rods to rat rods and everything in between, American Collectors Insurance offers specially tailored coverage to meet your custom vehicle’s needs. American Collectors Insurance generally requires you to store your car in a secure garage, which helps protect it from Maryland’s humid summers and high theft rates.
Online quotes available
Flexible mileage options
Excellent Trustpilot rating
Requires at least five years of licensed driving experience
Strict storage requirements
Generally limited to drivers with clean records
Grundy is a good fit for Maryland drivers who enjoy touring around in their classic car. Unlike many classic car insurers, Grundy has more flexible policies that don’t impose strict annual mileage limits. Whether you want to take a scenic drive on Maryland’s backcountry roads or head to a car show, Grundy’s coverage gives you more flexibility.
Flexible usage requirements
24/7 claims service available
Vanishing deductible available
Lower Trustpilot rating than some competitors
Available only to drivers 25 years or older
Separate daily driver required
Our editorial team analyzed regional and national auto insurance companies that sell policies in Maryland 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.
Maryland law requires all registered vehicles, including classic cars, to meet the state’s minimum liability requirements.[4]
While a standard car insurance policy uses your car’s actual cash value (ACV) to determine how much you receive after a covered claim, classic car insurance uses an agreed value.
With an agreed value, you and your insurer work together to determine the value of your classic car. If you get in an accident and total your car, you’ll receive the agreed-upon amount, minus your deductible.
Classic car insurance policies also have different eligibility requirements than standard policies. For example, a classic car policy typically won’t cover a car less than 25 years old or that you use as a primary vehicle. Due to high vehicle theft rates in Maryland, your insurer might also require you to store your classic vehicle in a locked garage or storage unit rather than in a carport or in your driveway.
To limit risk, many insurance policies also have mileage limitations. If you plan to use your car regularly or to go on longer drives, you’ll want to compare different insurers before you choose a company.
Unlike standard car insurance, which pays your car’s ACV after you total it, classic car insurance pays an agreed-value coverage.
With an agreed value, you and your insurance agent determine what your classic car is worth. For example, if you insure your classic car at an agreed value of $80,000, that’s how much you’d get if you total your car. To determine an agreed-upon value, Maryland insurers might require an appraisal, photos, or other documentation.
Under a standard policy, your vehicle might have an ACV of only $40,000. ACV accounts for factors such as depreciation, your vehicle’s condition, and local market conditions.
Some vehicles qualify for historical vehicle registration in Maryland. Car models from 1999 or earlier without substantial alterations and used primarily for exhibitions, parades, or club activities might be eligible for special registration. While this doesn’t determine your insurance coverage, it indicates that you have limited use for your classic vehicle.
Classic car insurance in Maryland includes many standard protections, like collision, comprehensive, and liability coverage. Here are some examples of what classic car insurance covers:
Wildlife damage: Deer mating season in Maryland runs from mid-October to mid-December. If you plan to drive during that period, comprehensive coverage can help pay for repairs or replacement if you hit a deer.[5]
Roadside assistance: If you drive through one of Maryland’s 18 rural jurisdictions and your classic car stalls, roadside assistance may offer flatbed towing to prevent damage during transport.
Car show protection: If you plan to attend multiple car shows, car show protection can help cover medical payments if someone injures themselves around your car.
Maryland doesn’t require special classic car insurance. But every registered vehicle in the state must have minimum liability coverage. You need at least $30,000 per person and $60,000 per accident of bodily injury liability coverage, and $15,000 of property damage liability coverage.
Maryland law also requires insurers to offer uninsured motorist coverage matching the minimum liability limits, and at least $2,500 of personal injury protection (PIP).
If law enforcement catches you driving without coverage, the state can suspend your license plate and vehicle registration. You also face fines, restoration fees, and possible imprisonment if you provide false proof of insurance.[6]
Compare quotes in Maryland and save money today
Classic cars in Maryland face many common risks, including:
Humidity and moisture: Maryland has warm and humid summers. Humidity and wetness can cause rot and other damage to a classic car. To prevent moisture buildup, store your car indoors.
Winter road salt: Maryland sprays a salt brine to prevent ice buildup on roads and bridges after a snowstorm. While this makes winter roads safer, the salt can be very hard on your classic car, causing rust and corrosion.
Theft: Maryland ranks No. 7 in the country for car thefts, according to Insurify data. Store your classic car in a secure area to help prevent theft and vandalism.
Here’s more information to help you find the best classic car insurance in Maryland.
A car typically has to be at least 25 years old for insurance companies to consider it a classic car. But the specific age varies by insurer. If you want to apply for Maryland’s historic vehicle registration, your vehicle must be from 1999 or earlier.
Classic car insurance covers many of the same things as standard car insurance. In Maryland, that can include liability, comprehensive, and uninsured motorist coverage. Unlike standard auto insurance policies, many classic car insurance policies use an agreed value rather than actual cash value to determine the vehicle’s value.
Agreed value, how you use your vehicle, and where you store it all affect the cost of classic car insurance in Maryland. Personal details, including your age, gender, driving record, and credit history, can also affect your premiums.
It depends. Some classic car insurance policies include mileage limits, but the limits vary by company. Your insurer might require that you own a primary car for daily use to ensure you don’t use your classic car for everyday commuting or errands.
Insurify data scientists analyzed more than 250 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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7+ years in personal finance writing
Certified Financial Education Instructor
Jessica is a freelance writer, professional researcher, and mother of two rambunctious little boys. Her work has appeared in Time’s Stamped personal finance marketplace, Consumer Affairs, Forbes Advisor, Money Under 30 and more.
Jessica specializes in personal finance, women and money, and financial literacy. Jessica is fascinated by the psychology of money and what drives people to make important financial decisions. As an Insurify contributor since July 2023, she’s written hundreds of articles aimed at helping readers make informed decisions about insurance.
She holds a Masters of Science degree in Cognitive Research Psychology, and is a National Financial Educators Council Certified Financial Education Instructor.
Licensed property and casualty insurance agent
10+ years editing experience
NPN: 21630969
MacKenzie Korris is an insurance copy editor with a producer’s license for property and casualty insurance in Missouri.
Licensed property and casualty insurance agent
10+ years editing experience
NPN: 20461358
John is Insurify’s Chief Copy Editor, helping ensure the accuracy and readability of Insurify’s content. He’s a licensed agent specializing in home and car insurance topics.
At Insurify, our goal is to help customers compare insurance products and find the best policy for them. We strive to provide open, honest, and unbiased information about the insurance products and services we review. Our hard-working team of data analysts, insurance experts, insurance agents, editors and writers, has put in thousands of hours of research to create the content found on our site.
We do receive compensation when a sale or referral occurs from many of the insurance providers and marketing partners on our site. That may impact which products we display and where they appear on our site. But it does not influence our meticulously researched editorial content, what we write about, or any reviews or recommendations we may make. We do not guarantee favorable reviews or any coverage at all in exchange for compensation.