Classic Car Insurance FAQs

To own a classic car is a good feeling for many, as itinsurance so as to get better coverage at a minimal
exemplifies glamour, grandeur and class. However,charge. The other important question relates to the
this luxury does come at an exorbitant price and callskind of policy most appropriate with respect to a
for ways to recoup its worth incase of a possibleclassic car.
damage. This creates the need for insuring classicInsurers guarantee value of classic cars incase of
cars in the event of damage. Before approaching andamage or theft. It?s advisable to ask questions
insurance company it is advisable to get all queriesabout the valuation of a classic car and also any
regarding the insurance procedures answered. Theadditional fee charged by insurers based on the
queries can pertain to many different issues andassessment of value. Most insurance companies limit
classic car insurance FAQ?s are useful in this regard.the number of miles on a classic car, per year. It is
The first and foremost query on classic car insuranceadvisable to ask for the number of miles covered by
is with reference to the definition of a classic car byan insurance policy.
an insurance company. Insurance companies typicallyThe most frequently asked question with respect to
use three categories for the identification of old carscoverage is about how to get the best insurance
namely, the cars manufactured before 1903 calledcoverage for a classic car and also if the coverage
veteran cars, those made between 1903 and 1933provided under the policy would be adequate. FAQ?s
referred to as vintage cars, and finally those madeon classic car insurance also provide answers to
after 1973 or the ones which are at least fifteenquestions such as coverage when the car is not
years old, which are called classic cars.driven, garaging requirements and driving restrictions.
Owners of classic cars are not usually offered goodClassic cars being unique and extraordinary require
terms by a regular insurance company. Therefore,specially designed car insurance packages that
people intending to buy classic cars ask questionsprotect them in the event of damage.
about the companies that specialize in classic car