How is insurance different for an old collector car?

Insurance for an old collector car is very different from regular car insurance. A standard policy covers a car's depreciated value (Actual Cash Value), which goes down over time. Collector car insurance, however, uses an Agreed Value. This means you and the insurer agree on the car's true worth beforehand, like a rare model or a fully restored Mi Auto Used vehicles for sale in Kanazawa, Japan. If the car is stolen or totaled, you get that full agreed amount. Also, collector policies expect limited use, such as for shows or pleasure drives, not daily trips. This usually results in lower premiums but may require secure storage, like a garage.