Is Classic Car Insurance Required in Kentucky?

The purchase of a classic car is not as simple as buying a car, it is an investment since your classic car actually appreciates in value. Most vehicles begin to depreciate as soon as you drive them off the late but it is just the opposite when it comes to classic cars. Sharp Insurance & Financial Services in Ashland, KY understands the unique coverage options of classic car insurance.


In the state of Kentucky, all vehicles that are driven on public streets and roadways must be covered under at least a minimum liability insurance policy and classic cars are no exception. Even though more insurance is not required, you will want to obtain a policy that truly protects the investment you have made in your classic car since it gains value over time.

What Makes a Vehicle a Classic?

In the state of Kentucky, a vehicle must be at least 25 years-old and distinctive to fall under the category of a classic car. Distinctive types of vehicles include hot rods, vintage vehicles, exotic or luxury vehicles, vintage military vehicles, or muscle cars.

Insurance Coverage

You will need to obtain a classic car insurance policy that will protect the investment you have made in your classic car in the event it is stolen or is destroyed or damaged by a fire, an act of vandalism, or a natural disaster, such as a tornado or hurricane. This type of insurance is referred to as comprehensive insurance but you should also have collision insurance to protect your vehicle if you collide with another vehicle or an object.

Importance of an Experienced Agent

It is important that you enlist the assistance of an experienced classic car insurance agent to assure that your classic car is properly covered since the insurance is based on the agreed cash value of the car and does not allow for depreciation.

To create the best classic car insurance policy for your beloved vehicle, call upon the experienced and trusted agents at Sharp Insurance & Financial Services in Ashland, KY for all of your insurance needs.