Classic, Collector & High-Value Vehicle Insurance in Massachusetts

Some vehicles are more than transportation — they’re investments, passions, and pieces of craftsmanship. Whether you own a classic car, a collector vehicle, a high-value exotic, or a vintage motorcycle, your insurance should reflect the true value of what you drive.

Standard auto insurance policies are often designed for everyday vehicles. For specialty vehicles, that approach may leave important gaps in protection.

What Is Classic & Collector Vehicle Insurance?

Classic and collector vehicle insurance is designed for vehicles that have higher values, limited use, or special significance. These policies focus on protecting the vehicle’s agreed or collectible value rather than treating it as simply an older car.

Depending on the vehicle and carrier, coverage may be structured to reflect:

The vehicle’s true value
Limited or seasonal use
Storage and security considerations
Specialized repair and restoration needs

Vehicles That May Qualify

This type of coverage isn’t limited to antiques. Many specialty and high-value vehicles may qualify, including:

Classic and antique cars
Collector vehicles
High-value or exotic vehicles not used as daily drivers (including models such as Ferraris, Lamborghinis, and similar performance or luxury cars)
Vintage and classic motorcycles
Specialty vehicles kept primarily for shows, events, or limited pleasure driving

Some insurance carriers will also include antique or collector vehicles as part of a broader high-value insurance program, which can be a great fit for clients with multiple assets to insure.

How Classic & Collector Coverage Differs From Standard Auto Insurance

While coverage varies by carrier, specialty vehicle policies may offer features such as:

Agreed or stated value options
Designed to better reflect the vehicle’s collectible or market value.
Flexible mileage structures
For vehicles driven occasionally, seasonally, or to events.
Specialized claims handling
With experience in collector and high-value vehicles.
Coverage for spare parts and accessories
Depending on the policy and carrier.

Not every vehicle or owner fits the same program, which is why comparing options is important.

Classic Motorcycles & Specialty Bikes

Collector insurance isn’t limited to cars. Many insurers also offer coverage for classic and vintage motorcycles, as well as specialty bikes that are not used as everyday transportation.

These policies can help protect the value and uniqueness of motorcycles that standard policies may not fully address.

Choosing the Right Coverage

The best approach depends on factors such as:

The vehicle’s value and use
How often it’s driven
Storage and security
Whether it’s part of a broader high-value insurance portfolio

Working with an independent agency allows you to explore multiple carriers and programs to find coverage that aligns with your needs — whether that’s a standalone collector policy or inclusion within a high-value insurance package.

👉 Some clients with collector vehicles may also benefit from reviewing our High-Value Insurance options.

Classic & Collector Vehicle Insurance with Risman Insurance Agencies

Risman Insurance Agencies works with a range of insurance carriers that offer classic, collector, high-value, and specialty vehicle coverage in Massachusetts — including options for cars and motorcycles.

We help clients understand their options and structure coverage that fits how their vehicles are owned and used.

Insurance coverage cannot be added, deleted, or changed until confirmed in writing from our office.

Classic & Collector Vehicle Insurance FAQs

What is agreed value coverage?

Agreed value coverage means the insurance company and policyholder agree on the vehicle’s insured value at the start of the policy. In the event of a covered total loss, payment is typically based on that agreed amount rather than depreciated market value, subject to policy terms.

Can I drive my classic car every day?

Most collector vehicle policies are designed for limited or pleasure use rather than daily commuting. Mileage guidelines and usage restrictions vary by carrier, so it’s important to structure coverage that reflects how the vehicle is actually driven.

Do I need special storage for a collector vehicle?

Many specialty insurance programs require secure, enclosed storage when the vehicle is not in use. Requirements vary depending on the carrier and vehicle value.

Are modifications and custom parts covered?

Some policies may provide coverage for custom parts, equipment, or restoration work. Coverage details and limits vary by carrier and should be reviewed carefully.

Is exotic or high-performance vehicle insurance different from classic car insurance?

High-value or exotic vehicles that are not daily drivers may qualify for specialty programs structured differently than standard auto insurance. Eligibility and coverage structure depend on usage, value, and underwriting guidelines.

Can I insure multiple collector vehicles under one policy?

Many specialty carriers allow multiple collector vehicles to be insured under one program. Some clients may also include these vehicles within a broader high-value personal insurance portfolio.

Ready to Talk About Your Vehicle?

If you own a classic, collector, or high-value vehicle and would like help exploring insurance options, our team is here to help.

👉 Request a Classic or Collector Vehicle Quote
👉 Contact Our Team