What are the mileage and storage requirements for a collector auto policy?

Collector auto policies typically limit mileage to 2,500 to 5,000 miles per year and require the vehicle to be stored in an enclosed garage when not in use. The car cannot be used for commuting or as a primary driver. You must also maintain a separate daily driver on standard auto insurance. These restrictions allow carriers to offer agreed value coverage at far lower premiums than standard auto.