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Plutus Award winner
Over 12 years writing about insurance and personal finance
Emily is a Plutus Award-winning freelance writer and former educator who makes complex financial topics easy to understand. She specializes in the science behind money habits and has written for outlets like The Huffington Post, Business Insider, and The Washington Post.
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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
If you own a classic vehicle, you can protect yourself against general liability and against the loss of your collectible vehicle with a classic car insurance policy.
A policy for a classic car in Massachusetts costs an average of $104 per month.
Classic car owners in Massachusetts should consider the risks associated with winter weather when shopping for an auto policy for their antique automobile.
If you own a collector vehicle in Massachusetts, whether it’s an antique car, a hot rod you’ve souped up yourself, or any other type of classic car or collectible vehicle, you should plan on purchasing a classic car insurance policy for it.
Like traditional car insurance, collector car insurance provides standard liability coverages, including damage to someone else’s property and bodily injury to others, as well as personal injury protection and collision and comprehensive coverage. But unlike traditional auto insurance for daily drivers, classic car insurance also protects your car’s collectible value.
To start, your classic car insurance company will typically have storage requirements and security measures you must meet. Specifically, when the car isn’t in use, you must store it in a private, lockable, and enclosed structure.
While most daily drivers experience depreciation from the moment they’re first driven off the lot, antique cars and other collectible vehicles typically appreciate in value over time. Classic car insurance protects that collectible value, but it typically imposes mileage limits and only allows pleasure driving, club activities, and driving to car shows.
Finally, the collectible value of a classic vehicle is determined by condition and market rather than normal depreciation. Most classic car insurance quotes will require you and the insurance company to determine the vehicle’s agreed-upon value.[1]
Classic car policies average $104 per month
Just because you drive a classic vehicle in Massachusetts doesn’t necessarily mean you can qualify for classic car insurance. Various eligibility factors can determine if you qualify and how much you pay for classic car insurance in the Bay State.
Massachusetts defines an antique car as a vehicle that’s older than 25 years and used exclusively for club activities, exhibitions, or pleasure driving, rather than as a daily driver.[2] This definition specifically restricts eligibility for the Massachusetts antique vehicle license plate to cars that are at least a quarter-century old.[3]
But classic car insurance may have its own collectibility requirements, which means age may not be a sufficient factor.
When you purchase a classic car insurance policy in Massachusetts, it’s likely that your insurance company will impose limitations on how much you can drive your collectible car.
Some insurance companies impose specific mileage limitations, while others specify that you can only drive the antique car to and from car shows, club activities, exhibitions, or for occasional pleasure driving. In either case, you may not use classic cars as daily drivers.
Snowy winters are a fact of life in Massachusetts. Even if you only take your car out during spring, summer, and fall, you’ll still need to store it safely during the winter. To protect your collectible vehicle from winter damage, you’ll need to store it in a locked, enclosed, private structure, such as a garage.
This storage requirement is typical of all classic car insurance policies, but Massachusetts classic car owners also need to make sure their antique cars aren’t exposed to the winter elements.
Classic car owners pay an average of $104 per month for classic car insurance in Massachusetts, according to Insurify data. For comparison, Massachusetts standard auto insurance costs an average of $120 per month.
Massachusetts uses nearly half a million tons of road salt each year to keep roads and highways free of ice and snow, according to the Environmental Protection Agency. Unfortunately, although road salt helps prevent accidents, it can also accelerate the process of corrosion and rust on vehicles.
While salt-related corrosion isn’t a serious problem in most southern states, it’s something every Massachusetts car owner has to contend with.
Coverage Type | Average Monthly Cost in MA |
|---|---|
| Classic car insurance | $104 |
| Standard car insurance | $120 |
Save up to $1,100 per year on coverage
You have your choice of several quality insurance companies that offer classic car insurance in Massachusetts. And you can still compare quotes, coverage options, and agreed-upon value coverage before choosing a classic car insurance company.
To start your search, here are three of the best classic car insurers in Massachusetts.
Hagerty offers specialized coverage options for cars and classic trucks older than 25 years, high-value vehicle collections, modified collector cars, motorcycles, and more.
To qualify for an insurance policy with Hagerty, you must limit your time behind the wheel to pleasure driving and attending club activities and car shows. Hagerty also requires you to store your classic car off-street and requires every licensed driver in your household to have a primary vehicle.
Specializes in classic and collectible vehicles
Premiums are typically lower than for daily drivers
Up to $750 in spare parts coverage
Doesn’t offer other insurance products for bundling
Driver eligibility requirements apply
Must have 10 years of experience to operate an insured motorcycle or high-performance vehicle
If you love taking your hot rod or antique car to the myriad car shows throughout New England, Farmers may be the right classic car insurance company for you. This insurer offers agreed-value coverage that travels with your vehicle, meaning you still have coverage while attending a car show outside of your normal coverage area, even if it’s out of the country.
Farmers also offers a “no attendance” clause that you can add to your insurance policy. This clause covers damage to your collectible vehicle even if you’re not present, such as when you leave your car at a show to check out the other antique cars.
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 JD Power customer satisfaction rating in New England
Negative Trustpilot reviews
If you’d like to get your traditional auto coverage, homeowners or renters insurance, and antique car insurance all from a single insurance company, GEICO may be the right insurer for you.
With GEICO’s classic car coverage, you get agreed-value coverage (which the company calls “Guaranteed Value”), as well as access to spare parts coverage, coverage for restoration-related needs, and towing and roadside assistance. Considering the annual snowfall in Massachusetts, GEICO’s roadside assistance may be a lifesaver for classic car owners.
Receive agreed-upon value in the event of a covered total loss
Doesn’t set specific mileage limits
Can increase the vehicle’s value as market price increases
Must manage your GEICO classic car coverage via an insurance agent
No bundling discount for classic car insurance
Receive the agreed-upon value minus your deductible and the salvage value, if you retain it
Our editorial team analyzed regional and national auto insurance companies that sell policies in Massachusetts 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.
Both traditional auto insurance and classic car insurance protect you financially in the event of an accident, but classic car insurance recognizes that the car itself is an investment rather than a depreciating asset. That means your antique car insurance policy will protect your ride, not just your liability, in case of bodily injury to others or damage to someone else’s property.
Your investment in your collectible vehicle is protected even during one of Massachusetts’ billion-dollar winter storms. If frozen pipes or severe winds affect the garage where you store your classic vehicle, you can rest easy knowing that your insurance policy will cover repairs to your beloved vehicle, minus your deductible.
If something does happen to your classic vehicle, filing a claim with your insurance company will require you to fully document the damage with photographs and other supporting documentation. Your insurer will typically send an adjuster to evaluate the damage, which isn’t always the case with a traditional auto claim.
When you choose coverage limits for traditional auto insurance, you’re typically determining how high the payout to others would be in the event of an accident. But coverage limits for classic car insurance are more focused on the agreed-upon value of the classic vehicle, since the car is also an investment.
For example, if you get into an accident with your daily driver and the car is totaled, your standard auto policy will reimburse you the actual cash value, which is calculated as the cost to replace your vehicle minus depreciation. You may have paid $25,000 for your 2023 Nissan Sentra when you originally bought it, but the car’s current actual cash value is now between $16,000 and $18,000.[4]
But if you have agreed-upon value coverage for your collector car, your classic car insurance policy will reimburse you the amount of money the car would be worth in the collector market. To determine the agreed value, you and your insurer will need to consult appraisals, photos, and documentation, as well as sales information from the collector market.
Massachusetts classic car owners may struggle to determine agreed values because of the prevalence of road salt usage in the Bay State. Car enthusiasts must fight an uphill battle to protect vehicles from this kind of damage in Massachusetts.
Classic car insurance provides the kind of general liability coverage you can expect from traditional auto insurance, but it also typically covers the following:
Comprehensive coverage: If anything other than an accident damages your vehicle, such as a collision with an animal, comprehensive coverage will help protect your classic car. Drivers in Massachusetts need to be wary of both deer and moose crossings, especially during dawn and dusk.
Collision coverage: If you get into an accident with your antique vehicle, collision coverage will help you pay for repairs. If you have an agreed-value policy, this kind of coverage will reimburse you according to the agreed-upon value, rather than the actual cash value. If you plan to take your classic car out on the road in the winter in Massachusetts, this kind of coverage will protect you against potential collisions on icy roads.
Spare parts coverage: If you keep spare parts in your garage for repairing or restoring your hot rod, this kind of coverage will help you replace lost, damaged, or stolen parts. Even if you think you don’t need this coverage, remember that freezing weather in Massachusetts can lead to burst pipes.
Although Massachusetts doesn’t require classic car owners to carry classic car insurance, every driver must carry minimum liability insurance coverage to legally get behind the wheel. These are the specific coverage requirements for Massachusetts drivers:[5]
Bodily injury liability: $25,000 per person and $50,000 per accident
Property damage liability: $30,000 per accident
Uninsured/underinsured motorist coverage: $25,000 per person and $50,000 per accident
Personal injury protection (PIP): $8,000
If you’re caught driving without insurance in Massachusetts, you could face a fine of $500–$5,000 and up to one year in jail.[6]
Insurify partners with 120+ top insurers for real-time quotes
Classic car owners in Massachusetts face some specific, localized risks. These include:
Road salt: Each winter, the roads in Massachusetts are doused in nearly 500,000 tons of road salt. The salt causes rust, and classic car owners must work to protect their collectible vehicles from this corrosive element, even if they don’t typically drive the car in the winter.
Winter weather: Since 1980, 15 billion-dollar winter storms have hit Massachusetts.[7] Severe winter weather can cause flooding from burst pipes, wind damage, and car accidents, all of which may affect your classic car.
Deer and moose: Breeding season for deer and moose runs from September through December, and these animals are more likely to wander onto Massachusetts roadways during that time. Classic car owners need to be aware of the possibility of animal collisions, especially during the fall and during dawn and dusk.
If you’re a collectible car owner in Massachusetts, the answers to the following questions can help you find the right antique car insurance for your needs.
The Massachusetts legislature defines a classic car as one that’s more than 25 years old and used exclusively for pleasure driving, club activities, exhibitions, or for travel to car shows.
Classic car insurance companies typically require a collector vehicle to be stored in a locked, enclosed, private structure, such as a garage. This may be especially important in Massachusetts because of the risk of corrosion from road salt in the winter.
There can be, but it depends on the insurer. Every classic car insurance policy puts usage restrictions on the vehicle, although not every insurer uses mileage limits. But your classic car can’t be your daily driver, even if your insurance company doesn’t impose mileage limits. You can only drive your classic vehicle for pleasure driving, club activities, or to get it to and from car shows or other exhibitions.
Under an agreed-value auto insurance policy, the insurer and the car owner determine how much the car is worth on the collector market. If the car is totaled, the insurer reimburses the owner the agreed-upon value, rather than the actual cash value (the car’s value minus depreciation). These kinds of policies are specifically made for collectible vehicles that appreciate in value.
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:
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Plutus Award winner
Over 12 years writing about insurance and personal finance
Emily is a Plutus Award-winning freelance writer and former educator who makes complex financial topics easy to understand. She specializes in the science behind money habits and has written for outlets like The Huffington Post, Business Insider, and The Washington Post.
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.