Antique Auto Insurance For Those With Good Taste
Rob Gormly
You may be one of those lucky few that have a mint condition antique car. Are you paying too much for your insurance coverage? Are you paying as much for your antique car insurance as you are your regular insurance? If you are then you are paying way too much.
Antique cars have special insurance policies because they are not used like everyday cars. They are usually stored away safely most of the time and only taken out for special occasions, like parades and car shows. Heaven forbid that they get mud or grease on them from driving on a sloppy day or speeding down the highway. A few finger prints is about all they can handle. To offer their special rates, antique car insurance policies are packed with restrictions and requirements.
There are special antique auto insurance policies you can get for your antique car. They often have some restrictions such as having the car secured in a garage and that it can not be used for pleasure drives. They must only be used according to what the policy allows.
You may find that if you are only driving your car to club meetings, parades and special events that you are paying way too much for you antique auto insurance. An antique car is an investment. Many times the parts and the car itself can not be replaced. That is why antique auto insurance has certain restrictions. They do not want you to take unnecessary risks but they are willing to give you a decent premium if you take certain precautions.
Some people confuse classic cars and antique cars. Antique cars are much older than classic cars. Classic cars only have to be 15 years old where antique cars have to be at least 25 years old. Muscle and kit cars are also different as they are used for racing speed and leisure. Antique auto insurance does not cover these muscle cars because they are at higher risk for being damaged.
If you shop around you should be able to save yourself hundreds a dollars a year by buying the right antique auto insurance policy for your beloved car. The insurance company does not have much risk because the car is kept in a safe place most of the time. Because of that, they don't have to charge you a huge annual premium.
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