How to Find the Right Car Insurance for Vintage and Classic Cars
Compare-autoinsurance.org has launched a new blog post that explains how drivers can obtain the right car insurance for classic and vintage cars.
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Drivers that own classic and vintage cars will do everything to order to protect them. These types of vehicles are regarded as investments. These cars should be well-maintained, cleaned often, and parked in a garage when not in use. Also, owners of these types of vehicles should purchase the right insurance policy. Classic and vintage cars can be insured by the large national insurance providers or by smaller, specialized insurers.
Drivers who are looking to insure a classic or vintage car should consider the following:
- Make sure that the vehicle can be classified as vintage or classic. There is no clear universal definition among the insurers regarding on what vehicle can be seen as a classic or vintage car. Usually, a classic car is considered to be a vehicle that is 19 to 24 years old, it is restored or in good working condition, and has a value that is larger than the average value of the cars made by the same manufacturer and model year.
- Research on the typical restrictions imposed by insurers on classic/vintage cars. Owners of classic cars can’t use them to do their daily routines. Insurance companies will impose some restrictions on how owners can use their classic or vintage vehicles. In most cases, classic car owners are allowed to use their vehicles at rallies, parades, car shows or weddings.
- Determine the value of the vehicle. In order to obtain coverage, classic car owners and the insurers have to agree upon the value of the vehicle. In most cases, the services of a professional appraiser are required. If something bad happens to the vehicle, the classic car owner will be paid with the agreed value of the classic car.
- Research on the typical costs of insuring a vintage/classic car. Usually, the costs to insure classic cars are lower than insuring normal vehicles. Classic cars are rarely driven, are kept in the garage most of the time, and are well maintained.
- Exclusive classic cars options. Specialized insurers can offer special options like specialized roadside assistance, no attendance required, and spare parts coverage.
For additional information, money-saving tips and free car insurance quotes, visit https://compare-autoinsurance.org/.