A car that is more than 15 years old is classified as a classic car. You spend a lot of time and money in maintaining it. Since classic cars are precious possessions, they need to be protected by auto insurance. But insurance takes a back seat and when there is a disaster it will be too late to do anything about it.
Cheap Classic Car Insurance
The insurance for classic cars need not be expensive as there are specialist insurance companies who provide coverage for classic cars offering competitive rates. You can get cheap classic car insurance quotes online and compare the prices as well as the coverage limits and get the best deal that suits you.
There have been restrictions on covering the classic cars in the past. They were very particular about the type, model, make and the age of cars for insuring them. Now more and more number of cars is falling under this category. Classic car insurance used to be once meant for only the vintage and collector type of glamorous cars. The other reason is that insurance companies have also aware that around half of the cars today belong to this category as per the strict rules for insuring classic cars. More and more insurers are showing interest in providing cover to the classic cars and the competition has resulted in the rates getting cheaper for insuring classic cars.
The policy terms and conditions vary with different insurance companies. Some companies may put a limit for driving the vehicles. It may vary but usually it will be around 3000 miles in a year. Expensive collector type of cars that are normally garaged and taken out only for rallies and shows can be classified under this category. The rate for these cars is lower than others. You should also remember that insurance companies will not provide classic car insurance to persons less than 25 years of age.
Search for auto insurance companies that provide insurance cover for classic cars because not all insurance companies insure classic cars. Look for reputed insurance companies that have a long market presence with good rating. Though smaller insurance companies will be able to give you a low rate it may not be able to pay out your claim.
If you do a thorough internet research and comparative shopping you can find cheap classic car insurance that fits your needs. The companies that provide classic car insurance include Classic Collectors Insurance, Hagerty Classic, J.C.Taylor, Grundy Worldwide, Lant and Co., Leland-West and American Hobbyist. If you buy your classic car insurance from an online insurance provider, you can get a cheaper rate. You can choose the most appropriate classic car insurance coverage after a careful evaluation of your requirements.