Vintage Car Insurance
The definition of a "vintage" car is one manufactured between 1903 and 1933.
These historical and exotic vehicles can be glamorous and expensive but they are
older motor vehicles and some do not fit this stero-type. The definition of a "vintage"
car varies depending on the insurance company. Most of the companies only offer
the same insurance as they do to those driving modern automobiles.
It is often assumed that vintage car insurance is much cheaper that the modern car
policy, but this is only true is the vintage car has limited mileage and it is kept
in garage and protected carefully. The owner of the classic car can have a much
higher view of the worth of the car then the insurer will. The owner needs to make
sure he and the insurer have came to an agreement in the valuation of the vintage
car before there is a claim to file. The agreed valuation is the amount guaranteed
by the insurer if the classic car is stole or damaged beyond repair but make sure
it is "guaranteed" because some insurers have been known to refuse to pay the full
amount. Please understand that most insurers will charge an extra fee for an agreed
valuation but it is the best way to avoid expense and upset if something does happen
to your vintage car.
The best insurer to deal with for your classic car is the specialist insurers. They
have policies that will fit your requirements and their rates are usually better
than the common auto insurance company.
For regular car/auto insurance...
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