There are a number of different names for antique car insurance – they include classic car insurance, vintage car insurance, collector car insurance etc. For the most part these policies are very similar. Drivers want to insure their valuable investment with the best protection and coverage that car insurance offers, while paying an affordable price. Accidents can be inevitable, but with a good auto insurance policy in place, you can be sure that your prized possession will always be covered.
What is an Antique Car?
There are many definitions for an antique car. Some classify it as a car from the 1930s or 1940’s, but generally speaking, an antique car is one that is 25 years old or more. No matter the model of the car, it is a classic because it was a hit in its time. Insuring an antique car is probably the first thing you will want to do to ensure that even when it is on the road it is always protected against hazards.
How Do I Get Quotes for my Classic Car?
Getting quotes for your classic vehicle is the same as getting quotes for any other car. But keep in mind that there may be special rules put in place for insuring your older model car. Sometimes it is required that you have insurance on a vehicle used for daily driving before you can insure an antique. In many provinces it is also mandatory to have held a drivers license for the last 10 years to get insurance on a classic car.
Remember, insurance rates greatly vary from individual to individual and are based on a number of factors.
What Affects my Insurance Rates?
Factors that account for the premiums of your antique car insurance include your age, gender, where you live, the amount of coverage that you want, and your driving record. Sometimes auto insurance companies will even look at your credit report to help determine your rates.
Can I get Discounts?
Several discounts are available for antique car drivers. Not all insurance companies offer the same deals, but many do offer similar discounts, such as multi-policy, safe driving, loyal customer, and driver’s education discounts, as well as many others. These discounts can help lower your premiums greatly. Be sure to ask about any and all discounts that are offered by the insurance company, and use these deals to get the best coverage at the best price.