Just like the antique car you own or plan to own, the antique car insurance is specialized for the restored classic car treasures it covers.
Qualifications for Antique Car Insurance
It is important to know that there are different classifications for antique cars and your antique car insurance will cover all of these classifications. The Antique division includes any car manufactured before 1903. Vintage cars are those automobiles made between 1903 and 1933. The classic cars were made between the years 1933 up to cars that were manufactured 16 years ago. Other classes of antique and classic cars fall under the category of muscle cars, sports cars, convertibles, and vehicles with big block V8 engines. There are more categories for cars with unique shapes, fire trucks and pickup trucks.
Where to find Antique Car Insurance Coverage
It is best to purchase your antique car insurance policy from a company that specializes in classic and antique car insurance. Your regular car insurance company may carry insurance for classic and antique cars, but it will probably cost you more than a policy purchased separately from a company that specializes in antique car insurance. Three companies you can check out for prices are The Hartford, American Collectors, and AutoInsure. Another option you might want to look into is finding a blog related to antique and classic car collecting. The individuals on these sites may have some good resources for antique car insurance.
Limitations on Antique Car Insurance
Because of the value of your antique or classic car, most insurance companies that insure these cars put some very restrictive limits upon the use and storage methods of antique cars. They prefer the driver to have ten years of driving experience, be 25 years of age, and have a spotless driving record. Your will also need to show proof that you have a separate car to drive for everyday use. Your classic or antique car must be stored in a garage or another enclosed area that can be locked at all times as well as the car should be covered with a tarp or some type of protective cover to prevent scratches and dings. The mileage driven per year will be limited to 2,500 to 3,000 per year. The most mileage allowed in the US is 5,000 miles per year.
Types of Antique Car Insurance
There are three types of antique car insurance that you can purchase for your car. You may choose from actual cash value antique car insurance, stated value antique car insurance, or agreed value antique car insurance. The actual antique car insurance is based on the present value of the antique car. The stated antique car insurance is based on the value that has been placed on your classic car. The agreed value of the antique car insurance is the amount you and your agent have settled on for the value of your antique car. The agreed value is the preferred choice of most classic car owners.
Be aware that as an antique car owner, you will want to re-value your car on the antique car insurance policy every so often since these vehicles go up in value with time.

If you’re shopping for an automobile policy, you must get multiple auto insurance quotes before you can choose the best policy, coverage and rate. Fortunately, you have multiple options to help you get the auto insurance quotes you need to make an informed decision. 

1. Request Auto Insurance Quotes Directly From the Companies’ Website 

If you already have a company that you would like to purchase auto insurance from, go directly to the company’s website. Submit an online request for a quote. Some companies generate instant auto insurance quotes. Other companies will have a representative contact you by phone. 

2. Getting Car Insurance Quotes Online 

Another option is to enter the search term “auto insurance quotes” into your browser. Select about three auto insurance  companies from the search results. Enter your contact information as well as your vehicle’s information and submit your request. A representative will contact you to discuss your auto insurance needs.

3. Use an Auto Insurance Quote Comparison Online Service

This type of service allows you to obtain multiple auto insurance quotes at the same time. You submit your request and the system generates a list of auto insurance quotes. You can compare the auto insurance quotes and choose the one that best suits your needs. To find an online service, enter the term “auto insurance quote comparison companies” into your browser. 

4. Getting Insurance Quotes Over the Phone

The old fashioned way still works when it comes to  getting car insurance quotes. Look up local auto insurance companies in the yellow pages or online. Contact at least three companies. Write down the information you collect from each company such as deductibles, coverages, and discounts. Don’t forget to write down the premium amount. Review all the auto insurance quotes and select the one with the best coverage and the lowest rates.   

5. Visit Each Auto Insurance Office

Another option is to visit a few auto insurance offices in your area. You can either drive or walk over to the location. Be prepared to provide your contact information. You’ll also need to provide vehicle information such as the odometer reading, approximate number of miles your drive per week and the vehicle’s make and model. You’ll receive your auto insurance quote before leaving the office.

Regardless of the method you choose to get your auto insurance quotes, be sure to have all the needed information available. Be sure that the quotes reflect any discounts available to you. Such discounts could include low mileage, belonging to a specific profession or organization and safe driver discounts. Other discounts depend on the safety features on your vehicle and whether you’ve taken a safe driving course. Comparing multiple auto insurance quotes will help you make an informed decision and choose the best coverage at the best rate. 

Different from normail classic car insurance, classic custom car insurance is made for customized classic cars.

There are many classic vehicles which have been lovingly restored by their owners. Much of the time, the classic car restorer will have tried to keep to the original look and shape of the vehicle. Many vehicle restorers draw the line there. Some find that although they love the look of the exterior they find that the interior leaves a lot to be desired in terms of comfort and acoustics. So they will customize the interior to their own tastes with modified interiors, modified seats, modified music systems, etc. another large part of the car that is often the subject of modifications is the engine. This is mostly done to increase the power output.

Unfortunately, classic custom car insurance prices often reflect the fact that insurance companies do not like vehicle modifications.

This is because when there are modifications added to a car it means more money for the insurance company to pay out in the event of an accident. What can you do about this? Well you can make sure that you do a wide search for your classic custom car insurance. This means not only searching with the big car insurance companies, also try and find specialists classic custom car insurance companies through forums and classic car clubs who are going to be able to offer you the best deals. Also don’t get suckered into buying a classic car without first checking out all the modifications and customizations that the car has had.

This is a mistake that a lot of people make when they have buy a car, forget to ask all the important questions, then they find out that their insurance is going to be through the roof, or they can’t get the insurance at all.

Classic cars are very old and very special pieces of art. They therefore need care that is just as special for them. This is where they need insurance coverage. Being different from the rest of the cars we own the insurance that they need will also have to be different. This is where the classic car insurance companies come in. They offer this special car insurance to classic car owners.

To locate the classic car insurance companies is not that difficult to accomplish. If you want to save on time and energy the fastest way would be by going online. The classic car insurance companies are all over the internet. I recommend Buyclassiccars.com because it has the longest listing of car insures in USA, Canada and UK. It will save you on the trouble of running all around the city trying to find a classic car insurance company.

Classic car insurance companies will however have a few considerations to make before dishing out the policies. One of the most sensitive of these will be valuation of the classic car. This valuation can be determined in more than one way. The first way is to look at the actual value of the classic car. They have ways that they calculate it putting things like depreciation and apreciation on the car in all the years. The age of these cars makes this difficult.

The classic car insurance companies also present the option of a fixed maximum valuation. With this the car will only receive coverage of a certain maximum that the insurance sets. They will estimate that the car is not and will not be in the near future more than this amount.

The last and most prefered valuation is the agreed value. This lets you and the insurance company both have a say as to what value to give the car. Once this is agreed upon fairly then this will be the insurance value of the classic car. I say the most prefered option because this value is regularly being adjusted as the time goes by. The value is therefore always in correct proximity.

Once all the valuation has been done the classic car insurance companies then look at how you use the car. A classic car that is always being driven across the state for an autoshow will have wear and tear. The insurer will therefore have to think of how they will always be coughing up cash for repairs. The classic car insurance companies will therefore charge you higher premium rates.

The classic car insurance company will then have to know what kind of storage the car is receiving. The car needs a certain amount of security from vandalists and thieves. It has to be protected from the harshness of the weather too. All these considerations will go into deciding how much you will be paying as premium for the insurance. The worse the conditions then the higher the premium rates to be paid will be.

Acquiring a classic car is a very good investment to many people out there. Putting your faith in a classic car insurance company is just another further investment. It should not be viewed as a burden as they will definitely come in handy. We have to thank our stars for classic car insurance companies.

A Guide to Insurance for Classic Cars

Whether you collect classic and antique cars or you have just completed the rebuilding of your favourite car from the past, you do need to give serious consideration to the type of insurance policy that you have on the car. Insurance specifically for classic cars is not a new concept in automobile insurance and owners have been able to take out a special policy for the past five decades. In spite of this many owners of classic cars still insure the vehicles under a standard car insurance policy.

A standard car insurance policy for an antique car is quite expensive and you have less coverage under such a policy as you do for the vehicle that you use on a daily basis. By contacting an insurance provider that does offer this type of car insurance, you can not only save some of your hard-earned dollars but you can obtain more coverage for the money that you spend.

In order for a car to qualify for the type of insurance that is available for classic cars, your car does have to meet the insurer’s requirements. A classic car is one that is older than normal, usually 15 or 25 years old. You are not permitted to use this car for commercial transportation. There are many people who would pay to get a drive in a classic car and there are some owners who do operate this type of business, such as wedding cars for the bride and groom. Therefore in order to qualify for specialized insurance, you cannot use it to make money. Another common requirement of insurance providers is that the classic car you want to insure cannot be the primary vehicle that you use every day. You must have at least one other vehicle that you normally use keeping the antique car for special occasions only.

Insurance policies for classic cars are called collectors’ insurance. There are some insurance providers who have specific ages for the car to be deemed classic and therefore eligible for such a policy and there are also those who will sell you this type of policy no matter what the age of the car. The premiums are usually a great deal less than that of standard auto insurance, but there are special guidelines for the use of the car to which you must adhere.

When choosing an insurance policy for your classic car, you do have the choice of Actual Cash Value, Stated Value or Agreed Value. It is important to have an understanding of what each of these terms mean before you decide on one policy over another.

ACTUAL CASH VALUE

This is the same type of policy with regard to the value of the car as you would have under a standard policy. If the car is completely destroyed or if it is stolen, the insurance provider takes the price that you paid for the car or the cost of having it being restored at the time you took out the initial policy. This amount of money depreciates every year that you own the car and pays out am amount of money equal to the worth of the car at the time of the accident. It means that you could realize far less money than the car is actually worth to you.

STATED VALUE

In this type of policy, the pay out of a total loss or theft of the vehicle will be the lowest possible value. The insurance provider looks at three different values – the stated value, the actual cash value and the cost involved in repairing the car. The stated value refers to the maximum amount the insurer will pay out, but having this amount stated in the policy does not guarantee that you will actually receive this amount of money in a settlement.

AGREED VALUE

When purchasing an insurance policy for a classic car, this is the one that is most recommended. The policy guarantees an amount of money in writing and you will receive this amount of your car is completely destroyed or stolen. There is no actual cash value and no options for the insurance provider to pay out a lower sum of money than that stated in the policy.

You can also purchase additional insurance for the replacement value of the car.

Taking out insurance for a classic car also subjects you to some restrictions. For example, you may be only allowed to drive a set number of miles per year and you may not be permitted to drive to and from specific events, such as car shows. You should make sure that you read the fine print of any policy that you purchase so that you are fully aware of the terms of the insurance policy and that it does meet your needs.

There has always been an element of glamour to owning a prestigious sports car. For many, it is the ultimate symbol of success and affords the distinct impression that the owner is as fast, sleek and elegant as the vehicle he chooses to drive. To own a high performance car is to tell the rest of the world that you have well and truly arrived!

Unfortunately success, glamour and prestige come at a price and it’s not just the cost of the car that’s going to leave a huge dent in your bank balance. The rising cost of sports car insurance continues to be a deterrent for many of those who are thinking about picking up that elusive Porsche, Lamborghini or Ferrari.

Yet sports car insurance doesn’t have to be as expensive as some might imagine. Insuring a sporty car has always been something of an expert market and speaking to a specialist company instead of a general insurer can often produce pleasant surprises.

If you are considering making a move for a classic model of sports vehicle such as an MG or Morgan, there are specialist insurance companies for those as well.

Another method of bringing down the cost sports car insurance is to join an owners club. Insurance companies tend to view members as safer drivers and the cost of insurance premiums can decrease accordingly. Limiting the amount of annual mileage you intend to use the vehicle for will also help save on cost. Another way that you can significantly lower the price of insurance for sports cars is to limit the age of named drivers on the policy to 25 or over.

You may also consider upgrading your vehicle security system, and the fitting of an approved tracking device may also lower the cost of your premium.

These are both effective ways of establishing a little more control over sports car insurance.

There is a certain degree of debate as to whether the depreciation in value of a sports car can actually lower the cost of insurance. Unfortunately, premiums do not reflect this since the cost of spare parts and repairs remain at the same level and insurance companies reach the price of a premium based on the potential cost of any future repair work.

High performance vehicles are always going to cost significantly more to repair than other vehicles and the price of sports car insurance is always balanced to reflect this.

Many Americans have taken interest in restoring classic vehicles but when it comes to insuring them many of these classic car owners are unaware of the options for coverage. Many standard auto insurance policies are not designed to protect antique and classic vehicle to their true value. Quality, upgrades, and cost of restoration are not always considered into the true value of these vehicles.

Insurance companies have developed programs that specifically cater to the needs of the true classic car enthusiast. These policies are offering a significantly higher amount of coverage and are mainly sold at an agreed value basis. This gives far superior protection to the policy holder, ensuring that they are protected to the actual value of the vehicle itself.

With many of the classic car insurance programs the annual premium can be up to 75 percent lower than insuring the same vehicle on a personal auto policy but there are qualification restrictions that need to be meat in order to qualify for the policy.

Most of the companies that offer this type of coverage require that these classic vehicles are only used for recreational use such as car shows, pleasure driving, and club events.

They go as far as to verify that the insured and all household residents have other vehicles insured to use for daily use.

Another common requirement is that all of the household residents have a good driving history with minimal tickets or accidents.

Although not all classic car owners will qualify for the insurance policies, there is a sufficient amount of driver that do qualify to support these programs being offered by many insurance companies across the United States.

Owning a sports car or a luxury automobile is enjoyable in its own right, as long as you can afford both the initial purchase and the sports car insurance. When you make the decision to buy a sports car, be sure to consider what your car insurance premiums will be, as this is a necessary additional cost. You may not realize it, but the pricier the car, the more expensive it will be to insure. It’s really a simple concept,  the repair or replacement cost of your 2009 Corvette will obviously cost a lot more than repairing a 2009 Taurus.

Sports car insurance has some of the highest rates around due to the car’s expensive replacement and repair costs.  Another reason is the fact there is a higher potential of being involved in an accident, as driving a sports car tends to encourage people to drive faster than they would in any other type of vehicle.

If you own and drive a sports car, it’s even more important that you shop around for car insurance. Some insurance companies have better claim history with sports cars or luxury vehicles; therefore, they can offer better rates on specialty insurance than other companies. If you agree on the first quote that comes along, you may be spending hundreds of dollars more per year on car insurance than you need to…and when you own a sports car, you can use all the savings you can get.

Finding an insurance company that both provides excellent comprehensive sports car insurance coverage for your prized possession, but also saves you as much money as possible in yearly rates, is very important.  Remember to shop around for the best rates available on the market today.

Get the Best Insurance Rates For Sport Cars
People who own sports cars might be the “Owners of the Street”. Sports cars offer great features and many many benefits that many automotive buyers are looking for. But, sport cars often more time than not pose a problem when obtaining the car insurance they desire without paying too much.
It’s an absolute fact that insurance for such vehicles have much higher premium rates than any other car on the road. So it can ba major problem when applying for car insurance since the fees and rates for premiums hit the pocket book hard. So, here are a few tips that can help you in getting the best insurance rates possible for your sports vehicle.
1. The owner of the vehicle should have a very good credit score and maintain that rating for many years. Insurance companies will offer better rates to those people who have great credit scores. Before applying for ar insurance policies, the vehicle owner should make sure he or she has no credit card debt.
2. Vehicle owners can enjoy insurance rates that are better for them if they install their sports car with safety features and gadgets. The vehicle owner can buy safety airbags, have anti lock brakes put in as well as stability traction controls. These few are recommended for the protection they provide. Not only will this safety insure the vehicle owner is safe it also allows insurance companies to lower rates.
3. Sports car owners should also maintain very good driving records. Insurance companies offer lower rates to safe drivers.
4. Sports Car Premium quotes are reviewed based on the shared information that is givin to the insurance company. Sports vehicle owners should try to always make sure that they give the most accurate and correct information when applying for better rates, through insurance quotes for their vehicle. This will always help make sure you are trusted.
5. It is super important to do research before ever buying any type of vehicle insurance. Insurance companies offer different insurance rates. Insurance companies offer discounts during special events or when they are pushing to promote their company. Any car owner should always know this and keep informed about any type of discounts and rates. They can always make use of the vastness of the internet to get insurance quotes and compare rates between companies before making a final selection.
6. Once a final choice has been made, car owners should not stop there. They should update their policies and their information on a regular basis. They need to continue to check their insurance policies to ensure that they are still enjoying the same rates and terms that were initially offered.
Sports cars are great and I think they are something everyone looks forward in their life to enjoy. So they should not be such a burden to those who own them. Even though they have higher rates in their insurance. The owner should at least make a stand and fight for their right for a fair rate!

We’ve all dreamt of owning a sports car at some point in our lives.  The smooth sleek exterior, elegant leather interior, the roar of the engine, and the wind in your hair as you cruise around town.  For many people, owning a sports car is not only a dream but a reality.  Protecting your sports car at all times is very important and a top concern for anyone lucky enough to own their own fabulous sports car.  Safeguarding your prized possession with a sports car insurance policy from a trusted insurance company is key.

There are many expenses that come into play when you purchase a sports car.  The initial cost of the vehicle, repairs and maintenance, and of course, sports car insurance.  When you are looking for the perfect policy for your sports car, you definitely want to consult an insurance professional who can guide you in choosing the coverage that will best fit your needs and with a price that won’t break the bank.

The first coverage you’ll need to discuss is your liability limits.  How much coverage should you carry to ensure that if something were to happen, where someone was injured or property damage was incurred, your policy would cover the damages and your assets would be safe?

You will also need to consider what kind of deductibles you would like to carry in regards to your comprehensive and collision coverage.  These deductibles will need to be met in the event you need to make repairs to your own vehicle in an at-fault incident.  Choosing the best deductibles for your personal needs will ensure that you won’t be put out financially if your deductible is required, and will also help regulate your monthly sports car insurance premium.

Driving and insuring a sports car can be expensive, as sports cars are typically worth a lot of money. They are also considered a higher risk on the road, as their high performance capabilities may encourage one to drive faster than one normally might in any other type of car.  Work with an insurance professional who can help you choose the very best policy for your sports car.  The most reasonable premium should be on the top of your list when it comes to protecting one of your most cherished belongings.