Classic Car Insurance Guide

I remember the first time I visited a classic car show. My heart was beating fast, my mouth felt dry, I fell in love. There were so many beautiful, moving works of art on wheels; I didn’t know what to look at first. There were cars that literally took my breath away, gave me goose bumps and brought tears to my eyes. If you’re a classic car owner, you know exactly what I mean. I never would have considered classic car insurance, until I became an owner, myself.

Classic car enthusiasts dedicate so much of their time to their love; it’s hard to imagine not protecting your assets. You may spend years searching for that one rare, perfect specimen that embodies everything you’ve always wanted. It probably took you most of your adult life to finally be able to afford to buy your dream car, once you found it.

It’s hard to imagine having something so beautiful and having it taken away. If you are a classic car owner and you don’t have classic car insurance, you’re leaving way too much up to fate. From the very second the auction ends or you sign on the dotted line, you’ve got a big responsibility on your hands. Your vehicle deserves the love and respect that any member of your family does.

Make sure you get the right insurance for that one right car in your life. If you have no coverage on your classic car because you don’t drive it and you don’t think it’s worth the money, read on. Imagine this, you’ve waited and waited, gone to hundreds of auctions and shows to find the one. You have spent days scrolling through ads online and then finally, the car you always dreamed of appears.

You manage to muster the courage to purchase this fine work of art and load it to get it home. Someone isn’t paying attention and runs a light. They plow into the trailer and your classic automobile. Or you get it home and months later something happens while you’re out driving your classic. Do you have coverage?  If so, is it standard auto insurance coverage? If that’s the case you’re most likely making a mistake by not having classic car insurance.

With a classic car insurance policy, you will get peace of mind that comes from knowing that you’ll be covered if the unexpected happens. Your normal auto policy writer may have talked you into getting a policy with them that he said will take care of your costs, in the unlikely event anything happens. This may be well intentioned, but you’ll more than likely pay an overinflated price for inadequate coverage.

With standard auto insurance the estimated value of your car will often be nowhere near what its actual value is. To add insult to injury, your classic car will be devalued every day you own it, even if you spend thousands restoring it. You see traditional auto insurance covers your typical car, which inherently drops in value over time, so there coverage also depreciates over time. Also, since your collector car is probably low mileage, why insure it like a daily driver? If you have standard insurance on your classic you’re more than likely over paying for this reason. And the best thing about classic car insurance is the price. Yes, despite the misconceptions out there classic car insurance is actually cheaper than standard policies.

Get a classic car insurance quote today, and find out how much you can save.  By covering your car properly you’ll not only save, but get the reassurance that comes from knowing that your dream car is properly protected.