Classic Car Insurance Calculator

Agreed value coverage cost from vehicle value and usage.

Agreed value ($)

Annual mileage

Storage type

Primary driver age

Number of insured vehicles

Deductible ($)

Tab to move between fields

Est. annual premium

$239.40

≈ 4 tanks of gas

Monthly premium$19.95

Premium as % of value0.68%

Insurance cost per mile$0.12

Savings vs standard policy$1,336.00

Multi-vehicle discount0%

How to Use This Calculator

Enter agreed value ($) and annual mileage for the vehicle.
Select storage type (outdoor, enclosed garage, or climate-controlled facility).
Set driver age and any additional coverage options.
Review estimated annual premium and compare with actual quotes from specialty insurers.

How the result changes with Agreed value ($)

Agreed value ($): The agreed-upon value that would be paid in a total loss. Set this based on current market value plus a buffer.
Annual mileage: Most collector policies require under 5,000-7,500 miles/year. Lower mileage earns bigger discounts.
Storage type: Enclosed, climate-controlled storage earns the best rates.
Primary driver age: Age of the primary driver. Drivers under 25 face higher premiums.
Number of insured vehicles: Multi-vehicle policies earn ~5% discount per additional car, up to 25% total.
Deductible ($): Higher deductible = lower premium. Common options: $0, $250, $500, $1,000, $2,500.

Est. annual premium: Estimated yearly insurance premium for agreed-value collector car coverage.
Monthly premium: Annual premium divided by 12.
Premium as % of value: What percentage of the car's agreed value you pay annually. Typical range is 0.5-1.5%.
Insurance cost per mile: Annual premium divided by estimated annual miles driven.
Savings vs standard policy: Estimated savings compared to a standard auto insurance policy at full-coverage rates.
Multi-vehicle discount: Percentage discount earned for insuring multiple collector vehicles.

Identify Input Parameters
4 parameters
Agreed value ($) = 35000, Annual mileage = 2000, Storage type = 1, Primary driver age = 45 = 6 input(s) provided
Calculate Est. annual premium
Est. annual premium = basePremium * mileageFactor * storageFactor * ageFactor * (1 - multiDiscount)...
239.4 = $239.4
Calculate Monthly premium
Monthly premium = annualPremium / 12
19.95 = $19.95
Calculate Premium as % of value
Premium as % of value = (annualPremium / agreedValue) * 100
0.68 = 0.68%