Classic Car Insurance
Get better Classic Auto Insurance with Lafayette Insurance
Insure your collector car with a company that understands your love for cars. We represent companies that offer agreed value, guaranteed value, flexible usage, expert in-house claims, and more. Do you have spare parts? We can protect them as well. Get a classic auto insurance quote today!
Prefer to talk? Call or text 765-474-2300.
Classic Car Insurance in Lafayette, Indiana
Whether it’s a restored muscle car, a vintage truck, an antique you take to local cruise-ins or a modern collectible you keep in the garage, a classic deserves more than a standard auto policy. Lafayette Insurance helps collectors in Lafayette, West Lafayette and across Tippecanoe County insure their cars for what they’re really worth.
Agreed value coverage
Standard auto insurance pays actual cash value after a total loss, which often falls far short for a collector car. Classic car policies usually use agreed value: you and the insurance company agree on the car’s value up front, and that’s what’s paid after a covered total loss, with no depreciation.
Lower premiums for limited use
Because classics are driven less and cared for more, classic car premiums are often much lower than a regular policy. In return, policies usually require:
- Limited pleasure use, such as shows, club events, parades and occasional drives
- Secure storage, such as a locked garage
- A separate vehicle for everyday driving
- A good driving record for everyone who drives the car
Requirements vary by company, which is why we compare several.
Coverage options collectors appreciate
- Flatbed towing and roadside help
- Spare parts and tools coverage
- Coverage during restoration projects
- Automatic coverage for newly purchased collector cars
- Agreed value increases as your car appreciates
Specialty carriers through a local agent
We work with specialty collector car insurers like Hagerty, so you get coverage designed by people who understand classics, with local service from our office. Your daily drivers can stay on a regular auto policy, and we can review both together.
Classic car insurance FAQs
How old does a car have to be?
Many companies start at 25 years, but some insure newer collectible and exotic cars. Condition and how you use the car matter more than age alone.
Can I drive it to work?
Generally no. Classic policies are built for pleasure use. If you commute in it, it needs a standard auto policy.
Call 765-474-2300 to quote your classic.
What sets our classic car insurance companies apart
Companies we represent for classic car insurance include Hagerty, ERIE and Progressive. Each one has its own strengths, and these are some of the options available through them:
- Agreed value: You and the company agree on your car’s value up front, and a covered total loss pays that full amount, minus your deductible.
- Keep your car after a total loss: Optional coverage lets you keep your car after a covered total loss and still collect its full agreed value.
- Collector-car claims: After a claim, you can choose your own repair shop or get paid to do the work yourself, with adjusters trained in collector-car repair and specialists who track down hard-to-find parts.
- Flatbed roadside help: An optional membership adds roadside help designed for collector cars, including flatbed towing with soft straps.
- Restoration projects: Cars under restoration can be covered while they’re being worked on, with the insured value rising as the work progresses.
- Low-mileage savings: Discounted rates are available for collector cars driven fewer than 500 miles a year.
Features, limits and availability vary by company and policy. Ask us which options fit you.
Our process
Compare Quotes from Lafayette Insurance
01. Provide Details
Tell us a little bit about what you are wanting to insure.
02. Discuss Coverages
We educate you on insurance coverages relevant to you.
03. Compare Quotes
We shop multiple companies to find the best rates and protection.
04. Pick Your Policy
Choose the insurance plan that works best for your individual needs.
Lafayette Insurance Reviews
What our Clients Say
★★★★★
Joe and his staff are top notch. I never worry if I have an issue involving insurance. They are there to help make the experience worry free and professional. It’s worth your time to give Lafayette Insurance a call.
Stacey Minier
★★★★★
Tremendous support from Joe Couch. He was readily-accessible, diligent, and a tremendous help through the process of switching policies. Would recommend to everyone.
Daniel Layman
★★★★★
Joe Sr. and Jr. are both professional and do the very best they can to get you the best deal possible. They have reached out to me to let me know of opportunities to decrease my rates before my terms were up so I could plan accordingly. They always answer when I text or call with a problem. Can’t say enough good things about this company or the people running it!
Jon Chapin
★★★★★
Very professional and responsive. After calling several agencies in the area, our quote was 15% lower than anywhere else!
Devon Moore
★★★★★
Joe Jr. looks out for you. Initially he had me with one insurance agency. 1 year in and upon finding a new deal, he contacted me, helped me save some money, and found a more reliant insurance company for my family’s vehicles. He is personable and offers good advice without trying to overexert influence. I have not had to deal with a wreck yet and working through a claim, but I will update this post if it happens.
Isaac Schumacher
★★★★★
They are very nice and will find the best deal for you. They also follow up with you in the future to better you in better insurance for less.
Jasen Shaver