“Vintage cars are rolling art pieces. As gearheads ourselves, we’ve crafted coverage that respects the craftsmanship and history of each vehicle while delivering cutting-edge technology and service.”
— Steven Bass, COO
Risks unique to collector cars – Collectible vehicles face risks such as theft, damage during exhibitions or transport, garage fires, vandalism and accidents during occasional use. Transit exposure is significant when cars are shipped to shows or auctions. WAX policies provide comprehensive coverage for these scenarios and include worldwide transit protection.
Features of WAX’s collector car coverage
Agreed or stated value: Policies pay the agreed value in a total loss, with options to cover appreciation up to 150% of the scheduled amount.
Low or zero deductibles: Collectors can choose low‑deductible or no‑deductible options.
Flexible usage & mileage: Recognizing that collector cars are rarely daily drivers, WAX allows tailored mileage limits and offers off‑season storage credits.
Combination coverage: Clients can insure the car and associated memorabilia (historic documents, race suits, trophies) under one policy.
Digital access: Owners can manage policies, upload appraisal documents and request proof of insurance through WAX’s app or online portal.
Real‑World Case Study
A 1967 Ferrari was sideswiped en route to a concours. WAX paid for original parts and specialized repairs, and the owner kept their car’s provenance intact. In a contrasting story, another enthusiast’s uninsured vintage Porsche was totaled in a garage fire; their auto policy valued it as an old car, not a collectible, resulting in a fraction of its true worth.
Frequently Asked Questions
Q: Can I drive my collector car occasionally?
A: Yes. WAX policies allow limited pleasure driving within agreed mileage.
Q: Does WAX cover restoration projects?
A: Yes. We insure vehicles during restoration and can adjust values as work progresses.
Q: Can I insure memorabilia with my car?
A: Yes. Race suits, trophies and documentation can be scheduled alongside the vehicle.
Ready to protect your collection?
Collectors can request a quote in minutes through WAX’s digital platform, and brokers can contact us to secure coverage for classic vehicles.
