Understanding Insurance for Antique and Collector Cars

1. Understanding Insurance for Antique and Collector Cars Some automobiles do not fall under the average category and therefore require a different type of insurance. One example of this is the antique car. An antique car is one older than 45 years. These cars are kept as heirlooms and show pieces but rarely driven. If they are, it is recommended to take an occasional drive once in a while; antique cars should not be driven daily. These vehicles do need insurance whether you drive them once a year or more often. After all, you've probably put a lot of care and money into your antique car, it needs to be protected. There are special requirements for insuring a classic car. For example, there may be mileage requirements. In addition, most insurance companies require you to keep your classic car in a covered garage. You will want to shop around with different insurers who specialize in classic cars and find out what they require. If you do qualify, the next step is to get a quote. Obtaining multiple quotes from different companies can help you choose the best company to suit your budget and your needs. A broker can help you get numerous quotes by filling out one form. Collector cars fall under a broader spectrum than antique cars. They can be classics, antiques or even newer cars with special features. Examples might include foreign cars or modified cars. There are all kinds of vehicles that may classify as a collector car. Insurance companies can help you figure out if your car

2. is indeed in the collector category. Just as with antique cars, collector cars may have mileage requirements and may need to be kept in a covered facility. Both antique and collector car insurance policies may have Agreed Value features which pays the full value of the policy if the car is destroyed. Your antique and/or collector car is not just a possession to be proud of, but also an heirloom and in some cases an investment. In some cases these vehicles appreciate in value over the years which are the opposite of your average automobile. Researching your type of car and its features can help you understand more when you begin searching for insurance. It is important to select a company like Leland West Insurance who has special experience with these types of cars. It is possible to do everything you need to insure your collector or antique car on the Internet. However if you need to speak to an agent they should be available via a toll-free customer service number. Some people prefer dealing with their insurance agent face to face. If you are one of those people check your local Yellow Pages to see the various auto insurance companies like Leland West in your area, call them and ask if they do indeed offer policies for vehicles that are collectibles or antiques.