What is Classic Car Insurance?

Classic car insurance can be difficult to find, but it is so incredibly important to have. A classic car, even though it may not be driven very often, should have insurance that is adequate to cover not only
the cost of the vehicle, but all of the modifications that have been performed on the car as well.
You may find that the average insurance company is not able to meet the needs of a classic car owner.
The differences between a car that is a daily driver, a Fuelie, and a split-window coupe are obvious
to the average classic car fan, but may not be as clear to a traditional insurance agent.

A classic car owner is typically an older driver. As such, you may be less expensive to insure
because you are well-established and therefore, are a lower risk for the insurance company.
You should be willing to consider contacting numerous insurance companies to get the best rate, and
then be willing to consider checking on those companies. Questions to ask can include the availability of customer service, how long the company has been in business, and if they are listed with the Better Business Bureau.

A classic, or antique, car is usually required to maintain low mileage. This will translate to a lower insurance payment, if your insurance company is familiar with the restrictions that apply to this type of vehicle. A common problem with antique cars is their overwhelming popularity. This overwhelming popularity and high resale value contribute to the possibility of theft of your beloved vehicle.
An antique car will require specific insurance to protect yourself against this type of occurrence.
Classic car insurance is particularly hard to obtain unless the driver is at least 25 years of age with an excellent driving record, and have had a valid license for at least ten years.
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