Classic Car Insurance

2009-10-19T18:43:00.000-07:00

Vintage or classic cars are worth a lot of money and having them insured is essential. Here are a few tips to help you shop for the best insurance policy for you and your automobile.

Owners of vintage and classic cars realize that they are owners of a very valuable asset. They may have spent a lot of money and countless hours of work on their cars to make sure that they look and operate as if they’ve just rolled out of the factory. Then they proudly take part in the active classic car community, interacting with like-minded people so they can all get together and admire each other’s cars.

There is no denying that classic and vintage cars are both stunning to look at, are expensive to buy and take care of, and attract a lot of attention. Nevertheless, what this means is that they must be insured. But car insurance for classic cars doesn't have to be expensive. To start with, the insurers know that classic care will be well taken care of by their owners, so the likelihood of it being stolen or damaged is less than with your average person's vehicle.

And there is another thing in your favour - You won’t be using your vintage car as a daily driver in most cases. Therefore you should be eligible for the limited mileage policy. You may even be able to adjust this at six-monthly intervals if you think you might drive over the mileage agreed upon. Also, make sure you get an appraisal for your vintage car and that the coverage is guaranteed, to ensure that the insurance provider will pay up if the car is involved in an accident or stolen. Classic car insurance may cost more than typical coverage, but it's worth it in the long run to defend your vintage car against any potential damage.

Classic Car Insurance Guide

Classic Car Insurance