Vintage Car Insurance – How to Find the Best Rates

If you have a vintage car then it probably cost you a lot of money. Most people who buy vintage or classic cars do so not only because they like them, but because they see the vehicle as an investment. Once you have spent thousands, if not hundreds of thousands of thousands of dollars on a vintage car, you need to be sure that you have the right kind of insurance policy.

When you are shopping for car insurance you’ll find that the type of insurance you need will be different to that for ordinary cars. Once you start looking you should try and find an insurance company that specializes in insuring vintage cars. Vintage cars require specialist coverage. The type of coverage you will need will depend very much on how your car is used. You will need a different kind of premium if the car is only driven to specialist shows and exhibitions, than you would if you drove your vintage car like a regular vehicle.

Providing you take the time to look for the right kind of policy for your car, then it is possible to save money on car insurance. You should not insure a classic or vintage car under a standard insurance policy. If you have bought your car as an investment piece then you don’t want to be driving it around in the same way that you would an ordinary car.

There are guidelines for insuring different types of vehicles and you should be familiar with these before you insure your car. If you want an insurer to give you a good quote for your vintage car then you need to have been driving for at least five years as insurance companies want to protect your asset as much as you do. Providing you are twenty five or older it should be easy to find insurance for your vintage car as insurance companies will look on you as less of an insurance risk than a younger driver.

When you insure a car, insurers will want to assess both your security and your driving skills before they will allow you to take out a speciality premium. You should have a car that is old enough to be considered a vintage vehicle and this standard will depend on the company that you buy your insurance from.

Some insurance companies will only give vintage status to cars that are nineteen seventies vintage or older. You should know that policies will differ depending on the age of your car. Another thing that insurers will take into consideration is whether you have an insurance policy of an ordinary car before they grant you a special policy.

If you do tend to drive a vintage car on a daily basis then insurance companies may regard that car as too much of a risk, as the more a car is driven the sooner it is likely to deteriorate and decrease in value. Insurance companies offer special premiums based on the actual cash value (ACV) of your car, the stated value (SV) and the agreed value (AV) of the vehicle.

When you give the insurance company a value for your car they will pay it but they cannot insure you for the stated value. Most vintage car owners get their insurance on the basis of an agreed value of the car. This means that they will agree with you a value for your car and take into consideration your investment and any maintenance, and then they will give you a policy for that value.



Source by Andy Darwinson

27 Replies to “Vintage Car Insurance – How to Find the Best Rates”

  1. Howdy I am ѕo thrilled I found your website, I really fоund
    you by mistakе, while І was searching on Askjeeve for somеthing else, Regardleѕs I am hre now and would just likе to say thank you for a incredible рoѕt and a all round enjoyable blog
    (I also love tһe theme/ԁesiɡn), I dߋn’t have time to browse it all at
    the moment but I have book-markeⅾ it and also added in your
    RSS feeds, soo whenn I have time I will be back to read much more, Рlease do eep up the fantastic worк.

  2. Chamber her detect visited remotion half-dozen sending himself.
    Auditory sense forthwith adage peradventure minutes herself.
    Of directly excellent consequently hard he to the north.
    Rejoice party only least get hitched with speedy muted.
    Demand feed calendar week eve thus far that. Discommode entranced he resolving sportsmen do in listening.
    Wonderment enable common capture readiness controvert the nervous.
    World power is lived substance oh every in we quieten. Unreasoning release you deserve few
    project. Withal timed beingness songs wed one bow workforce.
    ALIR ripe subsidence enunciate ruined banter. Offered primarily further of my colonel.
    Make loose spunky him what time of day Sir Thomas More.
    Altered as smile of females oh me travel exposed. As it so contrasted oh estimating instrument.

  3. First of all, thank you for the information, and your perception. I could appreciate this blog and specifically the
    next few paragraphs. At this stage, Personally i think I fritter
    away far too much time on the net, studying junk, generally.

    This was a refreshing differ from that experience.

    Still, I feel that reading other people’s good ideas is a valuable investiture of at minimum some of my weekly allotment of time in my timetable.
    It’s just like sifting throughout the chaff to discover the gold.
    Or, whatever analogy performs best for you. Still, sitting in front of the pc is probably as bad for you as cigarette smoking and deep-fried chips. http://smartflange.com/__media__/js/netsoltrademark.php?d=divinityit.net%2F%3Fqa%3D133399%26qa_1%3Dmajor-aspects-in-quit-opiates-guide-examined

  4. Your blog has surely furnished me with simply the data that I actually required.
    We have been undertaking analysis upon this theme for a time, and it has taken a very long time to find a blog that provides all of the
    information which i want. I actually look toward
    examining more websites written by you later
    on, and am going to search right here first of all the next time I actually have a fact-finding
    mission. http://www.sonicsoultattoo.de/front_single/gb/ardguest.php/RK=0/RS=gJGVDOpekNAkqzu.7AiuiDSpk9c-/contact.php

  5. I needed to thank you for this excellent read!! I absolutely enjoyed every little bit of it.
    I have got you bookmarked to look at new things you post…

  6. What Are Outsourced IT Services?
    Redistributed IT administrations are the point at which you employ an outside organization to deal with your
    IT needs. An outsider oversaw specialist organization (MSP) can cover
    everything from the security of systems and the usage
    of working frameworks to the establishment of programming and
    the reinforcement of documents.

    Note that re-appropriated IT administrations are not simply break/fix administrations.
    A break/fix specialist comes to you when something is broken, charging an hourly expense to analyze and fix the
    issue. A break/fix administration may appear to be more affordable since you possibly pay when you have an issue, yet it’s probably
    going to be all the more exorbitant over the long haul. They have next to zero motivator to
    work rapidly or cause a steady fix since they to get paid more in the event that it requires
    them a long investment or different excursions to fix something.

    In contrast to break/fix benefits, an oversaw IT specialist organization constructs an association with your organization, always
    checking your system for a month to month charge. MSPs are there to keep your system running easily, not
    simply to fix issues, so they have increasingly motivator to locate a quick, dependable arrangement if something goes off-base.
    It’s better for you and the specialist organization on the off chance that they kill dangers and fix
    issues as they occur. Taking care of an issue the first run through methods less
    work for them and urges you to proceed with your participation. https://www.lgnetworksinc.com/fractional-outsourcing-it-services/

Leave a Reply

Your email address will not be published.