Antique vehicle definition now applied to model years 1987 and older
Change does not impact antique vehicles currently registered
On Jan. 1, 2018, the definition of an antique vehicle changed from “vehicles 30 years old or older” to “vehicles that are model year 1987 and older.”
This change means vehicles with a model year of 1988 and newer will not be eligible for Antique Use. The change does not impact any vehicles currently registered with Antique Use.
“This change is about addressing an imbalance,” said Penny McCune, Executive Vice President and Chief Operating Officer of the Auto Fund. “The intent of the Antique Use class, when originally created, was to accommodate vintage vehicles that were used infrequently – for parades, special occasions or Sunday drives. But we’re seeing more and more antique-registered vehicles driven as regular-use vehicles; daily in many cases. Because they’re insured at such a low cost, this does not adequately provide for the injury and liability claim payouts in the event of a collision.”
While physical damage coverage for antique vehicles is limited to $800, full liability and injury benefits are provided. All antique vehicles pay the same insurance premium ($85 + PST annually), regardless of vehicle make or body style.
The number of vehicles registered as antique in Saskatchewan has increased by 55 per cent over the past five years and the total number of vehicles registered as antique involved in claims has grown by 31 per cent since 2011.
After SGI consulted with car clubs and antique vehicle enthusiasts, it was decided that the fairest option to address this imbalance was to cap the antique class at the 1987 model year, rather than increase rates for all antique vehicles.
If your vehicle is a true vintage vehicle that is only used on special occasions, there are other registration options available. For example, the vehicle could be registered short-term (i.e. during the summer months). Other options for vehicles that are being used occasionally are to purchase 24-hour or 8-day permits. Your motor licence issuer can help you with the best option for your situation.