If you are the proud owner of a classic car, then you may want to think about getting it properly insured. Some owners view their classic cars as collectibles. They don’t drive them, but they let them sit in their garage without driving them. Even then, it’s a good idea to get the car insured. You never know in what way it might be damaged. You might get a garage fire, or a leaky roof that causes water damage to your classic car. It can be very expensive to fix up these types of damage. Being insured can partly take away the fear of damage to your classic car.
Finding Cheap Classic Car Insurance
First of all, cheap classic car insurance isn’t that hard to find. Insurance for classic or antique cars is something completely different then insurance for a regular car. This is because regular cars are mainly used for every day driving, while antique or classic cars are mainly used for looking at and bringing them to a classic car show every once in a while. For this reason, classic car insurance is always going to be cheaper than regular car insurance.
Because cars like these aren’t going to be on the road very often, they run much less risk of being damaged. The proud owner of a classic car usually takes drastic measures to protect his prized property as well, which further reduces the risk of the car sustaining any damage. Whenever you go and talk to a car insurance person, make sure he realizes that you’re there to insure a classic car that is not being driven. You don’t want to get the wrong insurance and end up paying way too much for it.
Some insurers have a certain car age requirement that your vehicle will have to live up to in order to qualify for cheap classic auto insurance. Your typical classic car threshold is around 25 years or even more. Let’s say that you own a 26 year old car and your insurer only gives classic car insurance for 30 year old cars, then I suggest you move on to the next insurer. No need to wait an additional 4 years. There are plenty of insurers out there who are more than happy with the ripe old age of 25. And so they should be!