Classic Car Insurance Minnesota — Frankot Agency
Classic Car Insurance
Specialized coverage for your prized vehicle.
Your classic car is more than transportation — it's a passion, an investment, and a piece of history. Standard auto insurance doesn't account for the true value of a collector vehicle. Frankot Agency connects you with specialized classic car coverage that does.
What's Covered
Classic Car Coverage That Understands Your Investment
Agreed Value Coverage
You and the insurer agree on the vehicle's value upfront — if it's a total loss, you receive the full agreed amount with no depreciation.
Flexible Usage
Coverage designed for pleasure driving, car shows, club events, and occasional use — not daily commuting.
Spare Parts Coverage
Covers original and hard-to-find spare parts stored at your home or garage.
Restoration Coverage
Protects vehicles currently under restoration — coverage for the vehicle's value as it increases during the restoration process.
Roadside Assistance
Specialized towing by carriers experienced with classic vehicles — not just any tow truck.
Inflation Guard
Automatically adjusts your agreed value over time to keep pace with the collector car market.
Why Frankot Agency
Local Expertise,
Personal Service
As an independent Minnesota insurance agency, we work for you — not the insurance companies. That means we shop multiple carriers to find you the best coverage at the best price.
- Agreed value policies — no depreciation on a total loss
- Coverage for cars, trucks, motorcycles, and muscle cars
- Flexible mileage options for show cars and weekend drivers
- Competitive rates for vehicles stored in a private garage
- Access to carriers specializing in collector vehicles
- Local agents who appreciate the value of your investment
Common Questions
Frequently Asked Questions
What qualifies as a classic or collector car?
Most carriers define a classic car as a vehicle that is at least 25–30 years old, maintained in good condition, and used primarily for pleasure driving rather than daily transportation. Muscle cars, antiques, exotics, and custom vehicles may also qualify.
Why is agreed value important for classic cars?
Standard auto insurance pays actual cash value — which accounts for depreciation. Classic cars often appreciate over time, so actual cash value would significantly underinsure your vehicle. Agreed value ensures you receive the full insured amount if your car is totaled or stolen.
Can I drive my classic car every day?
Classic car policies are designed for limited, pleasure use — not daily commuting. Most policies include mileage restrictions. If you plan to drive your classic car regularly, discuss your usage with your Frankot agent to find the right policy.
Is my classic car covered at car shows?
Yes. Most classic car policies specifically cover your vehicle at car shows, exhibitions, and club events. Some policies even include coverage for awards and trophies won at shows.
Ready to get covered?
Talk to a local Minnesota agent today — no pressure, no obligation.