Grundy Insurance is an excellent choice for classic cars with rapidly increasing ... use a standard auto policy to cover it instead. Is insurance for a classic car expensive?

Penny Gusner is a senior insurance writer and analyst at Forbes Advisor. For more than 20 years, she has been helping consumers learn how insurance laws, data, trends, and coverages affect them.

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A classic car policy may cover the increased cost of special towing ... Because they're driven much less, classic cars are typically 40% to 50% cheaper to insure than standard daily-use vehicles.