If you have a classic there are many things to consider. Of course, insurance should be one of your top priorities. Most people who own a classic spend a lot of money restoring the car and upgrading it. Getting into an accident without insurance can cost you more than $30,000 in some cases. If you are looking for a new insurance policy, consider the following factors.
Do you have a classic?
According to the Classic Car Club of America, a car is defined as classic if it was made between 1925 and 1948. Vintage cars are made before 1916. When you’re ready to get a classic car insurance quote, you need to know the year of your vehicle.
In addition to the year of manufacture, there are other regulations that must be met for your car to be a classic. In most cases, your car will need to be in certain conditions and have specific amenities. However, you can go online to view the vintage car guidelines today.
looking for insurance
Once you’ve determined that your car is a classic, it’s time to begin your search for classic car auto insurance. Start by searching online using your zip code. This will provide you with a list of local companies or companies that offer coverage in your area.
You can also visit online insurance comparison sites to see multiple quotes at once. These sites make it easy to quickly compare coverage. However, when looking for a classic car, you may want to look for companies that specifically cater to classics.
What kind of coverage do you need?
Car insurance for classic cars can be very high. After all, repairing a classic car can be expensive. However, there are different types of classic car insurance. You can get insurance for the restoration period. This ensures that you are covered if something happens to your partially restored car. Next, you can get insurance to cover your car during car shows. If you transport the vehicle, your rates are lower than if you drive it. Finally, you can get insurance that covers your car wherever and whenever you go.
Classic coverage costs
Classic car insurance can be expensive. However, there are ways to save on coverage. First, contact your agent and see if you can bundle your insurance to save money. Putting your home, health, life, and auto insurance under one roof will greatly reduce your costs. Second, shop around. If your rates are still too high, look online for better rates. Third, make sure your driving record is clean. Tickets, at-fault accidents, and negative credit items can send your insurance rates skyrocketing.
As you can see, finding affordable classic car insurance doesn’t have to be complicated. With just a few phone calls and Internet searches, you can find reasonable rates and coverage levels. The secret to success is to shop around until you find a rate you’re comfortable with.