How To Insure An Antique Car

This could save you money in the form of a multi-vehicle discount.

How to insure an antique car. Cars of any age may be insurable by Progressive Classic Car by Hagerty. Retired military trucks retired semidumptowtrucks and retired farm tractors. In some states an antique car only needs to be at least 20 years old while the Antique Automobile Club of America regards a car that is at least 45 years old to be antique.

The actual value may differ from the value shown in value guides such as NADAs because it factors in the current condition and market for that particular vehicle. There are several unique issues to consider before buying antique vintage or classic car insurance. Many classic car insurance policies pay an agreed upon value for a total loss.

The insurance company will most likely require that you hire a. A select few insurance carriers do offer antique car insurance in addition to traditional car insurance. Your car or cars must be stored in a secured location and there are some usage restrictions as well.

While the number of miles already on the car may be of relatively minor consequence the owner of a classic car may have to contend with a mileage cap. X Research source To be considered for classic car insurance your car must be used on a limited basis mostly for exhibitions car. If you choose to insure your everyday car with a company like this you can simply add your antique car insurance to your existing policy.

Your Insurance Company Has a Built-In Classic Car Program. For example if you recently bought a 2015 Honda Civic and notify your agent of the purchase shehe will then add your vehicle to your policy as a Private Passenger vehicle. To qualify for classic car insurance your roadster has to be collectible or antique.

You will need to produce any receipts you have for. Often the same companies insure classic boats modified cars and sometimes even priceless heirlooms. However once you make the decision to go ahead with insuring a classic car how exactly do you go about it.