If you own an antique, vintage car, or collector car you’ll want to match your investment of time and money with classic classic car insurance.
What defines a classic car is different for every insurance company, so we work with a number of specialty insurers to ensure that you can have the coverage that suits your needs. Some general guidelines to qualify for classic car insurance include:
Unlike standard car insurance, which is based on the declining value of a car, insurance for a truly collectible car needs to consider the possible appreciation in its value as well as replacement value. For these reasons and the money you have already invested, it is best to get an expert appraisal done to assess the value of your vintage vehicle. While appraisals are not always required, you can use it to insure your car based on Agreed Value Coverage, and be confident in the amount insured.
Depending on how you use and store it, your collectible car could certainly have lower rates with classic car insurance while having appropriate coverage. This is especially true with right-hand drive vehicles. Be sure to discuss these aspects of your prized possession when shopping for vintage car insurance.
Our insurance experts would be happy to answer your questions and provide a no-obligation quote. Feel free to call us at 1-800-731-2228 or email us at firstname.lastname@example.org.