According to the CCCA, to qualify as a classic a vehicle must be between 20 years and 45 years old; while any automobile older than that is an antique. Not every car that falls within this time period can be called classic, there are distinguishing characteristics. Usually the vehicle was one that was expensive for its time with fine features. Whether or not you belong to the CCCA, you do need auto insurance on your car. Not every car insurance company offers policies for classic cars so you may need to shop around.
There are qualifications that many insurers require before they will grant classic car insurance policies. For example, some stipulate that the policy holder must be over 25 years of age. In most cases the car cannot be used for everyday driving and must be kept in a covered storage area such as a garage. Your driving record may also be scrutinized. For most, their classic auto is used for show purposes and the occasional jaunt. Insurance is important to have because a classic vehicle can be an investment and is something you definitely want to protect.
Another reason insurance is so important for a classic vehicle is because many of these vehicles are not equipped with modern safety features. They do not have air bags and many do not even have seat belts. While some owners do decide to have seat belts installed, others do not. Another issue are the tires on a classic car, you can upgrade them or keep them original. There are many factors to look at when choosing an insurance company and a policy, so the best first step is to do plenty of research.
The Internet can be a great help when it comes to learning more about classic cars and classic car insurance. You can visit the websites of different insurance companies, many of which specialize in this type of policy. Often the information you need is right on the website so you know the qualifications you must meet. If you do meet the qualifications, you can often obtain a free instant quote right on the Internet. While this is only a quote, it can give you a good estimate of how much your policy may cost. Comparing quotes from different insurance companies can also help you save money.
Your classic car is something special. You’ve probably kept it in pristine condition and want it to stay that way. There are policies that protect against collisions, natural disasters, theft, vandalism and more. Some cover spare parts and accessories. Many classic car insurance policies have Agreed Value features which means if your car is totaled the full amount of the insurance policy is paid to you. No matter which insurer you ultimately choose, one thing is for certain – your classic car needs protection in the form of an insurance policy because you cannot predict what may happen down the road.
An more in depth post on classic car insurance can be found published at muscle cars blog, join the discussion and say yours.
Leave a Comment