Do Antique Cars Need Insurance

It is doubtful that most car owners have even heard of antique car insurance.

Do antique cars need insurance. When identifying a collectible automobile classic car insurance companies typically requires the vehicle be no less than 15 years old with some mandating an age of at least 25 years. However cars are collected for several reasons whether they are limited editions or specialty vehicles. Specifically designed for collector vehicles Grundy insurance saves you at least 50 of the cost of regular car insurance while delivering better protection.

Some say an antique car can have as few as 20 years but others demand an age of 45 years at a minimum. Meanwhile over at Nationwide cars are eligible for classic status if they are at least 20 years old but not more than 40 years old. A car cannot have any modifications at all for it to be considered an antique.

All You Need To Know About Vintage Car Insurance Vintage cars are a memorable sight for most people. Once a vehicle like this is 25 years old it is an antique in State Farms eyes and is no longer eligible for classic car insurance. With Grundy Agreed Value Insurance you get 100 of your cars value in the event of a total loss.

But as prized as this possession might be it is hardly without its fair share of responsibility. Do I need insurance on my classic car. Possibly the biggest reason that people want to get antique plates is because of lower insurance premiums.

Unless you own an antique automobile or have thought about purchasing one you have probably never considered the unique circumstances such a vehicle presents. GEICO knows that your collector car is. These original cars age more than 25 years while being in well-restored order.

Some states make exceptions for cars that are over 20-years-old. Heaven forbid that they get mud or grease on them from driving on a sloppy day or speeding down the highway. If it isnt they can seize it immediately even if you then arrange insurance at the roadside.