The classic cars are categorised as glamorous, high status and expensive cars used by high society people. But majority of the classic cars do not fit in this myth as classic car insurance policy is awarded to the car of three categories. The first one is the veteran car manufactured before 1903, vintage cars that are manufactured between 1903 and 1933, and the classic cars which are at least 15 years old.
If you are confused of the classic car criteria, it is wise to ask your insurer before buying it. The large insurers do not offer car insurance cover but give the routine general car insurance cover that is given to any car against damage.
The classic car insurance policies are cheaper than usual one but buy it after collecting proper information. Sometimes the owner perceives the value of the classic car differently as compared to the insurer evaluation so it is better to keep a guaranteed agreed valuation of your classic car
It is wise to go for specialist insurer as these companies, which have the evaluation of your classic car, give the agreed valuation certificate. In event of any theft or accident, you can make a claim and get full money back as agreed on the certificate but with general car insurers you will just get it repaired.
The specialist insurer not only provides you the specialist car insurance policy but also offers you good rates, which can help you after the purchase of costly classic car.
The classic car insurance companies and services vary with brands so you can search details of insurance product features and benefits with the help of guide. You can get the competitive quotes for buying a good car insurance policy by searching online.
