There is a lot of money to be made in collecting classic cars. It's a great investment, and your car insurance policy can help protect it. Make sure you have comprehensive coverage to protect your car from all possible risks.

Insuring a classic car is more expensive than insuring other cars, but it's usually cheaper because classic cars are not driven very often and are typically driven for leisure purposes and/or seasonally. Their true value is based on an appraisal. Owners of classic cars must also keep their car in an enclosed, secure area, and have a clean driving record for ten years or more.