Antique car insurance in US and Canada
If you own an antique car you have to insure it.
If you take your antique car to special car shows you'll need insurance called "specialist insurance". Nowadays it's not difficult to find the company specialized in it. These are usually old companies with long history and large customer base. Some owners add such cars to their existing car policy. But it's much more expensive then to insure your antique car through a collector car insurance company. So better way is to have so called "Classic car insurance". But cheap car insurance for new drivers is possible also.
Classic car insurance is a special type of insurance planed to protect the old cars. The car insurance company will take the details of your car to provide the best policy.
Usually antique car insurances in US distinguish the following three types:
- Antique cars that have been manufactured before 1903
- Vintage cars that have been manufactured between 1903 and 1933
- Classic cars that are over sixteen years old can be considered classic cars.
Antique, vintage and classic cars are considered to be an investment. Classic car insurance will protect your investments and help to avoid losing money in case of damage or theft. In practice, antique car insurance in US often has a plenty of restrictions and limits. For example most classic cars are not allowed to be driven long distance. Many policies don't allow cars to be used as daily transportation. Sometimes the police can have the point that your car has to be in garage all time. So be careful and read all points in your policy. And shop around between insurance companies in order to find the best policy.
If you want to have car insurance at lowest rates try to be honest with your insurance company. Don't forget to tell about all events concerned your antique car. Also you can have discounts if your antique car is equipped with air bags and anti-theft devices. And last but not least don't forget about safety. Keep it locked. Your carefulness is also one step in taking care of your antique car.
Your classic things are timeless!