Get protection for all sorts of classic vehicles.
Let's start with the name. Classic, collector, and antique automobile insurance are all terms used to describe various coverage. What qualifies depends on the insurance company, but plans often cover automobiles that are not just a specific age but also have distinguishing features, such as being exceptionally rare. Here are some examples of classic cars that can be covered by specialist insurance:
- Antique Cars (45+ Years Old)
- Classic Cars (20-40 Years Old)
- Exotic Cars (Rare Vehicles)
- Modern Collector Cars (Special Editions)
- Muscle Cars (Modified for Performance)
- Race Cars (Track Vehicles)
- Replica Cars (Self-Built Kits)
- Vintage Cars (Built Before 1925)
Payouts are determined by an agreed-upon value.
The most significant distinction between vintage vehicle coverage and standard auto insurance is that the insurance provider will often agree to a specified value of the automobile at the start of the term. If your vintage car is destroyed or damaged beyond economic repair, your compensation will be for the agreed-upon value rather than the market cash value at the time of the claim. This provides you the assurance that you will receive the agreed-upon amount with no surprises.
Covers autos that are only used sometimes and not everyday drives.
When selecting whether or not to get classic automobile insurance, keep in mind that many policies only cover limited usage. This might range from a set (low) yearly mileage to solely covering travels to exhibition and parades rather than ordinary driving. It may suit your individual needs depending on how frequently you drive your vintage car and the coverage you purchase.
Do you own a classic car? If so, you'll need classic vehicle insurance to safeguard both your ride and your investment. Please contact us to discuss the coverage choices that are specific to your car.
