Antique car insurance represents a specialized form of policy targeting a market niche that includes classic and antique vehicle owners. Since the number of classic car insurers is so high, it shouldn't prove difficult for an owner to find a suitable policy for the prized possession. In addition to specialized insurers, you can also ask for quotes from mainstream auto insurers that are also now able to provide plans that reflect the costumers needs. In case you already have your everyday use vehicle insured with a certain company, you may get antique car insurance at really low rates.
Protection against accidental damage is more important than insurance against collision when it comes to antique car insurance policies. Your main concern when shopping around should be to get the operatives create a product tailored to fit the car. Depending on your needs, you can even choose to work with insurers that specialize in one particular type of classic car only. It may take a bit of time and some online research to find the right antique car insurance company, but the effort is worth making and a totally preferable alternative to leaving the car uninsured. Antique cars represent a big investment, and you need to protect it accordingly.
Make sure you include an agreed value of the car clause in the antique car insurance policy. Be prepared to go through the appraisal procedure with an appraiser approved by the insurance company. This may take a bit more money out of your pocket, but you just can't insure the car for just any value. The value of an antique vehicle depends on the overall technical condition, the model and make of the car as well as the age. Some such vehicles require parade and storage insurance if they are very rarely driven (like once a year for a parade).
The costs of the antique car insurance get lower if you equip the vehicle with a security system, and if you store it in a locked garage or some other safe place. In case you are a member in some car club, you could get discounts or bonus points and cards when signing with a certain specialized insurer. However, the club's recommendation and special conditions are not enough to help you make a good decision. With an antique car insurance policy, you have to be certain that the investment is worth the effort. Otherwise, you may pour money in a dark hole...
Protection against accidental damage is more important than insurance against collision when it comes to antique car insurance policies. Your main concern when shopping around should be to get the operatives create a product tailored to fit the car. Depending on your needs, you can even choose to work with insurers that specialize in one particular type of classic car only. It may take a bit of time and some online research to find the right antique car insurance company, but the effort is worth making and a totally preferable alternative to leaving the car uninsured. Antique cars represent a big investment, and you need to protect it accordingly.
Make sure you include an agreed value of the car clause in the antique car insurance policy. Be prepared to go through the appraisal procedure with an appraiser approved by the insurance company. This may take a bit more money out of your pocket, but you just can't insure the car for just any value. The value of an antique vehicle depends on the overall technical condition, the model and make of the car as well as the age. Some such vehicles require parade and storage insurance if they are very rarely driven (like once a year for a parade).
The costs of the antique car insurance get lower if you equip the vehicle with a security system, and if you store it in a locked garage or some other safe place. In case you are a member in some car club, you could get discounts or bonus points and cards when signing with a certain specialized insurer. However, the club's recommendation and special conditions are not enough to help you make a good decision. With an antique car insurance policy, you have to be certain that the investment is worth the effort. Otherwise, you may pour money in a dark hole...
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