In Quebec, a vehicle must generally be at least 25 years old to be eligible for an antique vehicle insurance policy. Some insurers accept vehicles from 15 years old if they have recognized collector status. The « antique vehicle » designation can also be official according to the SAAQ, which facilitates eligibility for this type of coverage.

Standard auto insurance uses market value (which decreases over the years), while antique vehicle insurance uses an agreed value set at the time of purchase. Antique insurance also requires limited annual mileage (often 5,000 km) and restricted use (parades, exhibitions, summer drives). In return, premiums are much lower than standard insurance.

No. Antique vehicle insurance policies explicitly exclude daily use, commuting to and from work, and any commercial use. The vehicle must be used only for parades, car shows, occasional leisure drives, and similar events. If you use your antique daily, you must purchase standard auto insurance, which significantly increases the premium.

The agreed value is negotiated between you and the insurer at the time of purchase. It is based on a professional appraisal, specialized reference guides (such as Hagerty or NADA Classic), detailed photos of the vehicle’s condition, and restoration invoices. It is recommended to have your vehicle re-evaluated every 3 to 5 years, as the value of classic cars tends to increase over time.

Most antique policies cover the vehicle when transported on an open or enclosed trailer, as this is a common mode of transportation for this type of vehicle. Check that your policy mentions this explicitly. The trailer itself may require its own coverage or be included in your auto insurance.

Premiums are generally very low thanks to usage restrictions, ranging between $100 and $400 per year for most vehicles. Factors that influence the price include: the agreed value, the region, the owner’s claims history, the coverages chosen (liability only vs. all-risk), and safety equipment (closed garage, alarm system).

Yes. Most antique policies maintain theft and fire coverage year-round, even when the vehicle is stored. Some insurers offer an additional discount if the vehicle is stored in a closed and locked garage. Always inform your insurer of the storage address if it differs from your residence.

Typical exclusions include: daily or commercial use, racing and speed trials, mechanical damage (normal wear and tear), rust and progressive corrosion, and drivers not declared on the policy. Some policies also exclude driving outside a defined geographic area. Read your policy carefully with your broker.

Some specialized insurers offer policies for vehicles under restoration or not registered. These policies typically cover theft, fire, and damage during work. They differ from policies for vehicles in use. Your AccesDirect broker can direct you to the few insurers who offer this protection in Quebec.

Yes, highly recommended. Antique vehicle insurance is a niche market that few direct insurers cover. A specialized broker has access to markets you won’t find online and can negotiate an agreed value and conditions tailored to your specific vehicle. The service is free for you — the broker is paid by the insurer.

Yes, that is precisely the intended use for this type of policy. Parades, classic car exhibitions, collector gatherings, and summer drives are covered. You must, however, respect the annual mileage limits specified in your contract. If you regularly exceed 5,000 km per year, discuss an adjusted limit with your broker.