How Much Is Antique Car Insurance

Classic car insurance offers some key benefits compared to daily driver or regular insurance.

How much is antique car insurance. Than a standard auto policy. In the case of the GTO just 39 were ever made making it one of the most sought-after and most expensive vintage collectible cars of all time. Average quotes for collector car insurance policies run at a 40 percent savings discount over a regular car insurance policy.

Classic and antique cars are cheaper to insure due to the lower liability risk of a car that is driven infrequently. The owner has a clean driving record. However if your car is totaled your car insurance company can choose to pay you either the stated value or the actual cash value of the vehicle whichever is less.

About half the owners of antique and classic cars put them on their regular auto insurance policies source. If you have a unique rare or limited production vehicle or maybe a modified vehicle. Thats why we offer broad insurance coverage and additional protection bundles so you can enjoy your vehicle and have the peace of mind of knowing that you are covered.

HMRC defines classic cars as being over 15 years old with a list price of at least 15000. Individual insurers may use different criteria when deciding whether to categorise your car as heritage or classic. Well-maintained classic cars on the other hand hold their value and often appreciate in price.

Car insurance quotes for classic cars vary somewhat depending on the value age type and use of the vehicle Heacock says. Get a brand new quote. Your rate for classic car insurance will depend on many factors and vary by insurer.

A vehicle is usually considered an antique car eligible for a collector car insurance policy if it is 25 or more model years old. Browse our collector and classic car insurance packages today to find a policy thats right for your vehicle and its unique needs. At American Collectors Insurance we know that your vehicle is more than just a car its your passion.