Classic car insurance: comparison, quote, guarantees

No, just because your car is “old”, “special” and well-maintained does not automatically mean that it is a collector’s car. In any case, not necessarily in the eyes of insurers who retain specific criteria to qualify a given automobile as a collection. If it actually falls into the collection car category (more than 600,000 collection cars are listed and registered in France), you can then request to benefit from tailor-made car insurance to benefit from guarantees specific to the use you made on a daily basis or on an exceptional basis.

To know all about the dedicated car insurance to collector cars and know the differences between traditional car insurance and collector car insurance, it’s now!

Legal definition of a classic car and criteria used by insurers

The status of collector car is governed by the Highway Code, and more specifically by its article R 311-1. A collector’s car:

  • Must be a vehicle over 30 years old
  • Does not meet the technical requirements for modern vehicles
  • Has a specific registration certificate and license plate
  • Passes the technical control only every 5 years
Good to know

Some insurers go further than the Highway Code by also taking into account the rarity, type, model, brand or history of the vehicle (regardless of its age) to qualify it as a collector’s car. Please note, in these cases, cars less than 30 years old remain subject to the obligation of technical control classic every 2 years.

Insuring your collector’s vehicle is mandatory. Are you sure ?

The Highway Code is formal: all motorized land vehicles (yes, your car is a motorized land vehicle) traveling on public roads must be insured. And a classic car falling well into the category motor land vehicleyou must therefore insure it before participating in a public meeting, for example, while driving it.

Good to know

With most of the major companies on the market, you can buy car insurance collection if and only if:

  • You are over 21
  • You have passed your driving license for at least 3 years
  • You have not had an at-fault road accident for at least 2 years
  • You have another less old vehicle for your daily trips

And in some, the insurance company may even appoint an expert to certify the particular character of the car.

Car insurance for a classic car: 2 solutions

Even if your vehicle is officially stamped as a collector’s car, you are under no obligation to take out specific insurance. You can choose to insure it against all risks, third party or extended third party in the same way as a classic car.

Obviously, given the often high value of collector’s vehicles, it is strongly advised to opt for all-risk insurance, the only one able to guarantee reimbursements up to the mark in the event of claims, even responsible ones.

You can also decide to prefer insurance tailor-made for automobiles of this type of collector’s vehicle, and in particular for the particular use you make of it, on a daily basis or exceptionally.

Usually, a classic car is actually used less often than a classic car. Concretely, it rarely leaves the garage! This is not the case when you want to insure a professional car, for example.

And since you often care about it like the apple of your eye, you drive it more carefully (statistically, the risk of damage is down) and you maintain it perfectly (statistically, the risk of breakdowns likely to be covered is well below average).

Direct consequence: by choosing a specific collection vehicle insurance, its owner will be globally propose suitable offers at very competitive rates, often cheaper than for classic cars. In addition, in the event of a claim, the insurance will compensate according to the official rating of the collector’s car, often higher than the classic Argus rating!

Whatever your choice (classic insurance or classic car insurance), check the amount of deductibles offered by insurers. In the case of a collector’s car, it is indeed to be feared that deductibles are highergiven the repair and parts prices often disproportionate to those generally observed for consumer vehicles.

Good to know

To obtain an official registration certificate collector car status of your vehicle (allow 4 to 8 weeks), you must submit a request to the French Federation of Vintage Vehicles (FFVE) specifying the characteristics of your vehicle:

  • Mark
  • Model
  • Year of release
  • Powerful
  • Serial number
  • Chassis number
  • Number of seats

Do not forget to provide proof of identity and address, 2 photos of your vehicle, the old registration document or a sales certificate attesting that you are the owner. And a check for payment…

It is essential to compare all the classic car insurance contracts to be sure to decide well!

Do you want to insure your classic car or do you plan to buy it in the short or medium term? Use an online car insurance comparator without delay. Free and without commitment, an auto insurance simulation will allow you to carry out all the simulations you want in a few minutes.

You will then obtain tailor-made quotes corresponding precisely to the characteristics of the classic car to be insured, depending on the insurance and guarantees you have chosen.

From there, you can choose the cheapest insurance and/or the most complete in full transparency. With, most often, substantial savings at stake. You will also have black and white access to the amounts of the proposed deductibles. You can then carry out the classic insurance/collector car insurance comparison to compare the pluses and minuses of each of the two formulas.

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