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Vintage Car Insurance: Secrets Revealed

by Daniel Wright

Restoring a vintage car is a labor of love. While admittedly there are some that do this as a business, all of them, those that restore and collect vintage cars, are driven by their passion. They are fueled by their desire for vintage cars and watching them return to their full glory is what makes them happy.

Vintage cars often allow owners the additional benefit of being noticed at a certain status level, because of the prestige, glamour, and ability to afford high maintenance costs. Something like thinking of Jay Leno! Most owners have a true inner passion for the vehicle along with having enough free cash to afford the associated costs. Keep in mind that you have to be extremely patient when working on restoration of a vintage car.

After restoring a vintage car, a lot of people would either drive out from time to time, or keep it in storage so that they will be in great condition when they present it at car shows. This great concern for safety is understandable; this is because a vintage car restoration project is no laughing matter. A huge investment in time, money and effort is done and watching a car get destroyed or to have it stolen can be a huge blow.

This is where having insurance comes in. But unlike regular car insurance, vintage car insurance can be different. One thing that collector's like is that classic car insurance is relatively far cheaper than regular car insurance. You have to consider though that this insurance policy is cheaper because they only cover certain mileage. There are also conditions like parking garages that are considered.

Also, the price of an antique car insurance policy will depend on the make and model of the vehicle, the rarer the car and the more expensive it is in the market, the higher the cost of the policy is. Furthermore, make sure that your insurer will guarantee the valuation of your car prior to signing the policy. There have been some insurance companies who have denied claims for complete valuation. Although having a guaranteed valuation included in your policy will mean extra charges, this is all worthwhile as you are protected in the event that your car is stolen or is damaged beyond total repair.

Allow yourself plenty of time to investigate the various options available when shopping for vintage car insurance, and don't allow yourself to be persuaded to buy a policy from the first agent you speak with. Browse through vintage car magazines and check the yellow pages for companies that insurance vintage cars. Before calling or visiting an agent's office to get a quote, be sure you have all of your car's information readily at hand. Then be prepared to spend some time comparing the quotes you get from various companies.

One of the more popular ways in finding vintage car insurance is browsing the internet. Here you will be able to find numerous insurance companies that can offer great deals in insurance policies. Plus, you don't have to go to their physical offices to get a quote. In a matter of minutes, you will be able to get quotes from different companies and compare them. Aside from their prices though, you have to greatly consider what is included in the policy. One great thing about shopping for a policy through the net, you are not pressured to be committed to their service.

Compare multiple vintage car insurance quotes online with one easy form at Affordable-Auto-Insurance-Quotes.com. Most find it just takes about 4-minutes to complete our car insurance quote request form. A few minutes now can save you thousands of dollars over the coming months on your antique car insurance.

Published February 5th, 2008

Filed in Auto, Finance


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