Auto Insurance Quotes In Under 5 Minutes - FREE!
Finding Cheap Auto Insurance in is Only a Few Clicks Away!
Users Rating : 0 out of 5 based on 1 ratings.
How Are We Doing?
  Are you insured? Yes No is pleased to present the following article related to...

Free Car Insurance Quotes

Collector Car Insurance Protects Valued Investment
By John

Vehicles used for car shows or demonstration purposes are considered to be antiques or collectable. You can find low rates on collector auto insurance via free car insurance quotes online. Vehicles used for car shows or demonstration purposes, which are considered to antiques or collectable.They can be found low rates on collector auto insurance. Used by many people who restore older cars, many vehicles do not qualify for collector car insurance unless they are at least 20 years old and have been, or are in the process of being restored to their original condition.

Since the majority of these vehicles are only used on an occasional basis, the rates for collector are considerably lower than that for vehicles used on a daily basis. Many companies that offer collector car insurance also have restrictions on the use of the vehicle as well as the owner. For example, in order to obtain coverage for a collector vehicle, the owner must have another regular use vehicle with insurance for daily use in the name of the collector car owner.

They may also be required to be stored in an enclosed, secure facility to qualify for collector auto insurance. The value of the insurance is determined at the time the coverage begins and most policies offer no deductibles on collector car insurance, paying the full amount of the agreed value in the event of a total loss. Most will also allow the owner of the vehicle to determine where the work will be performed if a covered incident requires professional repairs.

Seeking The Most Coverage For Your Collector Vehicle

Many people spend years restoring an older vehicle to its original, showroom condition and want to make sure it is adequately covered. Since most vehicles are kept in storage unless being taken to a show, the miles driven is usually low. Many times the vehicles are transported on a trailer and the insurance on the trailer and the hauling vehicle will be responsible for aby damages, and not the collector auto insurance.

However, when a car is on display it is a potential target for vandals and accidental damages. These types of incident are typically included in collector car insurance, and with most companies, if the collector buys another collector vehicle it is automatically covered up to a pre-determined value for a few days, until the owner and the collector company agree to the vehicle's value.

Despite the high value of certain collector vehicles, annual premiums are exceptionally low. For example in most states, the cost to insure a 25-year-old collector car will be slight over $100 per year, which is a bargain compared to the vehicles worth.

We hope the above article related to free car insurance quotes has been helpful to you. Here's some more of our recent auto insurance articles you may find of interest...
Why Do I Need Auto Insurance? Is It Really Important?
By Keisha
In the United States, the law mandates to have auto insurance on any vehicle an individual drives. Today, there are several auto insurance providers offering Read more...
Get Cheap Car Insurance In Britain Online
By Robert
The World Wide Web is an abundant source of information, products and services, such that it has become a bit overcrowded and overwhelming. This turned out to Read more...
Easy Guide To Getting Cheap Car Insurance Quotes
By Helen
If you're shopping for full insurance coverage on your vehicle, there are a lot of ways for you to find and get cheap car insurance quotes. iv Read more...

  Are you insured? Yes No