Sure, we think all Corvettes are collectable but it came as a surprise to me that new Corvettes, and relatively new Corvettes, can qualify for the much lower collector car rates. How much lower? Collector car rates are generally one third to a half of family auto policy rates. As a rule of thumb, collector car insurance policies run less than one percent of a car's value per year. The policy for a $15,000 car might run around $150 per year, but there is a minimum amount-policies are seldom written for less than $100 per year. On the other end, for high value cars, policy costs decrease even further to around six dollars per year per $1,000 of the car's value. For example, a Corvette valued at $60,000, might be insured for about $350 a year.
Corvette Fever