You presumably wouldn’t deal with your exemplary vehicle like simply some other arrangement of wheels. You don’t utilize your old-fashioned showstopper or muscle vehicle for your drive in the first part of the day or to take the children to soccer practice. It goes on you for an outing through a world of fond memories. You’ve put long periods of work or a large number of dollars, typically both, into your adored vintage or old-fashioned vehicle. Regardless of whether it’s a ’60 Jaguar E-Type, ’67 Chevy Corvette or a ’74 Porsche 911, Classic car insurance secures all your efforts.
There is a big difference between regular car insurance and classic car insurance. The difference is in the usage of the vehicle. Classic car insurance coverage includes:
- Bodily injury liability
- Underinsured motorist coverage
- Uninsured motorist coverage
- Medical payments
- Collision insurance
- Comprehensive insurance
- Property damage liability
How to categorize a car as the classic?
Most insurance companies will define a classic, antique, or vintage car as a collectible vehicle, considered to have a limited production, exceptional quality, or has a particular historical quality. Below are some of the requirements to get classic car insurance:
- Car is at least 25 years of age
- Car is at least 20 years old with collectible value
- You store your car in a climate-controlled or fully closed garage
- You limit on-the-road miles
- You do not use the vehicle for racing
- You have and maintained a clean driving record for the previous 5-10 years
