Antique Car Insurance Rates
And your classic or collector car insurance policy actually costs about 276 less.
Antique car insurance rates. Find High-Low-Average asking prices in past Hemmings ads 3 years. The cost varies greatly depending on the value of the vehicle thats being insured. According to American Collectors Insurance its rates are up to 40 lower than a traditional car insurance policy.
Classic or antique vehicle insurance tends to be cheaper and there is a list of qualifications to meet for these policies. Lower car insurance rates but with restrictions Sample car insurance rates for classic cars. 1968 Dodge Charger RT stock 46000 agreed value policy annual premium.
Best Insurance Rates for Classic Cars. Written by Zaneta Wood. The collector car insurance premiums for these two vehicles would be vastly different.
Youll also get inflation guard a perk that ensures your coverage amount goes up as your car increases in value. While many insurers offer standard classic car insurance policies that include all state-required coverages and collision and comprehensive coverages the. To qualify for classic car insurance your roadster has to be collectible or antique.
Our classic car insurance does not cover kit cars restoration cars rebuilt to less than 50. As you can imagine spare parts are not readily available and may have to be custom-made meaning an increase in insurance premiums. The Hartford Farmers Allstate and Geico are just a few of the majors out there that will provide insurance for your antique vehicle.
Classic car insurance rates tend to be lower than those of traditional insurance policies. Insuring an antique car muscle car or collector cars doesnt have to be an expensive proposition. Classic and antique cars are cheaper to insure due to the lower liability risk of a car that is driven infrequently.