I have done this. The policy up here in B.C. Canada is avaliable to any kind of "classic" car ("classic" being based on age and rarity) and restricts the vehicle to "pleasure use" only. That simply means the vehicle CANNOT be driven to work and/or school. The car must also be in exceptional condition (restored/perfect original/etc). Other than that, mileage is unlimited and it can be driven 365 days/year.
The best part: $500 Cdn/year which covers collision, comprehensive, agreed value and $2million third-party coverage. Not bad, eh? :wink:
I'm not sure if this coverage is avaliable to residents outside of B.C., but I've heard of similar policies offered by some American companies (unfortunately, I can't remember who...).