Protect your classic car with Auto Insurance meant for antique vehicles.
Your antique car is more than just a vehicle; it’s a prized possession. With antique vehicle insurance, you can rest easy knowing your car is properly insured and valued for its true worth.
Click on one of the below topics to unpack your classic vehicle with extended auto insurance:
Agreed Value or Guaranteed Value is the value that your vehicle will be insured for based on the proven value of your vehicle, as determined by both you and the insurance company. Appraisals, photos, or other relevant documentation will determine the vehicle’s value. You will provide these to the insurance company so they can get a big-picture look at your classic. With Agreed Value coverage on your policy, the insurance company will guarantee that they will pay this agreed-upon value in case of a covered total loss.
Don’t want to get an appraisal? Consider Hagerty Insurance as a possible insurer. Their Guaranteed Value is determined by your vehicle details using their industry-leading tools to determine the value of your classic.
Hagerty Driver's Club
When you purchase a policy, you can join the Hagerty Driver’s club for $55/year (before tax). Their exclusive membership includes:
In Storage Coverage
Your classic or antique probably isn’t a daily driver. When your vehicle is tucked away in storage, it’s important to remember that it could still be at risk of a claim. Theft, vandalism, and other threats still exist, and your home insurance will not extend to protect your vehicle.
A package policy will, though. Besides Hagerty, we offer Classic & Antique Vehicle coverage with SGI Canada & Sandbox Mutual Insurance (SMI). With SMI’s comprehensive coverage, they will waive your deductible if the vehicle is damaged by:
- Theft of the entire vehicle
This coverage is exactly what it sounds like, and you have this coverage whether you own a policy or have plates. This coverage will respond if your vehicle collides with another, a post, or a snowbank. Having your vehicle declared antique on your registration will help you save on the basic insurance fee. However, your coverage will also be reduced, as antique registered vehicles only have a maximum of $800 physical damage coverage and the regular $200,000 liability. And before you say, “Oh, $800 is enough,” your insurance claim will also be subject to a $500 deductible.
This coverage is for basically everything that isn’t a collision. These types of losses covered by this insurance include fire, theft, wind, hail and vandalism. Having your vehicle declared antique on your registration only includes a maximum of $800 physical damage coverage and the regular $200,000 liability. Your insurance claim will also be subject to a $500 deductible. Package policies let you have comprehensive deductibles as low as $50. When was the last time we had a wind or hail storm in Saskatchewan…
Did you finance your vehicle? If you did, you might have also signed up for a form of Life Insurance!
Our Loan Protection coverage is not a one-size-fits-all style policy. Our personalized policies translate to better coverage and premiums that are, on average, 30-50% lower than traditional Creditor Insurance. We can offer you the following:
- Non-commission dedicated advisor with industry experience.
- Regular touchpoints with your advisor to ensure that your plan is working for you.
- Access various services, including habitational, auto, travel, business and farm insurance solutions.
Get the coverage that fits your unique needs.
Antique vehicles are unlike any other vehicle, requiring a different kind of insurance. With our various insurance company options, from Hagerty, SGI Canada, Sandbox Mutual (SMI) to Portage Mutual, we’ll help you find the best coverage so that you can have peace of mind knowing your classic is protected rain or shine.
Protect your antique car’s true value.
Don’t settle for basic plate insurance that only covers up to $800 for physical damage. Your antique car deserves proper coverage that reflects its true value. Get peace of mind with antique vehicle insurance and protect your investment today. Don’t let your valuable antique vehicle go underinsured. Not sure how much your vehicle might be worth? Try Hagerty Insurance’s online tool to get a free estimate of the value of your classic.
How SGI determines if your vehicle is ‘antique.’
Having your vehicle declared antique on your registration will help you save on the basic insurance fee. To qualify for antique status for your vehicle registration, SGI has set the following requirements:
- The vehicle model year must be 1987 or older
- The vehicle is registered as either Class PV (private vehicle) or LV (light vehicle)
- The vehicle must be used for private use only and not for commercial or farm use
- You must own or drive a primary-use vehicle that is registered: In your name | in your spouse’s name | jointly registered names of yourself and your spouse | or in the name of a corporation of your personal use.