The car insurance companies seem alike but if you have a classic car then it is wise to choose classic car insurance company. If you are trying to insure your collector car with routine insurance company then you might be welcoming a future disaster.
Some classic car owner has this wrong impression that the car insurance for classic car is expensive so try to get the insurance from the routine car insurance company. However, it is not true no matter whether your insurer is offering multi-vehicle discount on your car insurance for classic car, still you will get the best deal through a good classic car insurance company only.
The classic insurance company’s offer agreed value policies to the classic car owner. This type of policy is feasible for your classic car, as the company agrees on a value of your classic car that will be paid fully in case of any unpredicted event. In any unlikely event of total loss, you can claim total value amount of your classic car from the classic car insurance company.
The classic car with other insurance policies will depreciate the value of the car with time and in case of any total, you will only get the book value of car. The classic car insurers know the value of classic car and owner’s attachment towards it, so assured how safely they will drive their cars as compared to other routine cars.
The car insurance for classic car has some limitation like 250 miles a month and in case of any rise in mileage, the premium rises. The age of the insurer also needs minimum eligibility of at least 25 or 30 to get the insurance. Most of the insurance companies also demand for a 10-year of driving experience to have the classic car insured. The drivers with decent driving record can get low premium rates as the collector cars needed to be driven safely.
