If you have a classic vehicle, you don't want to make the error of insuring it like you would the family mini car. If you were to get in an accident, you will certainly be sad for that selection. If your classic car gets totaled, you'll get the real money value for your car, which is usually pretty small.
There are specific guidelines that must be met in order to buy a classic car insurance policy. You must have a minimum number of years of driving experience. Classic cars that are used for business purposes will not be covered.
The insurance company will verify that you have another car for everyday needs. There are certain requirements pertaining to how old the classic car is and how many miles it is driven annually. If you meet these criteria, then you may be able to purchase classic car insurance.
All car insurance companies won't offer coverage for these cars. When you find a carrier that does, the cost is usually less than what you would pay for a 'normal' vehicle. The preferred type of auto insurance policy for classic cars is an agreed value policy.
Before you buy a policy of this type, you must sit down with an agent and agree on a value that will be paid in the event that your vehicle is totaled. Get a price quote from the agent.
If you are in an accident and the damages to your classic car are less than the agreed value, your insurance provider will pay for the repairs. However, if the damage is greater than the amount that was agreed upon, you will only receive the preset amount. For a classic car, the preferred auto insurance policy is the best choice.
Standard auto insurance is usually more expensive than the classic car insurance, but those companies have some criteria that must be met in order to qualify for their programs in order to get those good rates. - 15275
There are specific guidelines that must be met in order to buy a classic car insurance policy. You must have a minimum number of years of driving experience. Classic cars that are used for business purposes will not be covered.
The insurance company will verify that you have another car for everyday needs. There are certain requirements pertaining to how old the classic car is and how many miles it is driven annually. If you meet these criteria, then you may be able to purchase classic car insurance.
All car insurance companies won't offer coverage for these cars. When you find a carrier that does, the cost is usually less than what you would pay for a 'normal' vehicle. The preferred type of auto insurance policy for classic cars is an agreed value policy.
Before you buy a policy of this type, you must sit down with an agent and agree on a value that will be paid in the event that your vehicle is totaled. Get a price quote from the agent.
If you are in an accident and the damages to your classic car are less than the agreed value, your insurance provider will pay for the repairs. However, if the damage is greater than the amount that was agreed upon, you will only receive the preset amount. For a classic car, the preferred auto insurance policy is the best choice.
Standard auto insurance is usually more expensive than the classic car insurance, but those companies have some criteria that must be met in order to qualify for their programs in order to get those good rates. - 15275
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To learn more go to Safe Auto Insurance and Really Cheap Auto Insurance. Chimezirim Odimba helps people save on insurance.
