| Are you one of those people who have taken a long | | | | have this option, you should go over your policy and |
| time and worked to reconstruct a classic car? Or | | | | your car's value on a yearly basis to be sure you |
| perhaps you inherited or purchased an antique car. It | | | | have sufficient coverage. |
| is essential that you do everything you can in order | | | | Both you and your car will have to meet certain |
| to make that this car is protected. How does your | | | | qualifications to buy classic car insurance. Perhaps |
| classic car function in terms of auto insurance? Did | | | | most monumental of all is that you have no negative |
| you know that classic car insurance differs in the | | | | reports on your driving record. You'll also have to |
| coverage it requires? | | | | establish that all the drivers in your household have |
| Regular cars are valued less every year. Antique or | | | | access to some other vehicle for daily driving needs. |
| classic cars, however, not only hold their worth but | | | | Vintage car insurance underwriters will restrict the |
| also gain in value. So you want to find a classic car | | | | number of miles you can drive each year. In addition, |
| insurance policy that protects the total value of your | | | | many insurers will call for the principal proprietor and |
| auto. You want an insurance policy that offers | | | | driver to have a minimum of five years' driving |
| "agreed value." That means you and your auto | | | | experience. |
| insurance company, assess the monetary value of | | | | Classic car insurance is much less expensive than |
| your vintage car and, in the event of a total loss, | | | | average car insurance because of the limitations. The |
| you will be paid that precise sum. | | | | financial obligation portion of your vintage auto policy |
| How do you ascertain the assessment of your | | | | may cost less than $100 per year, because you |
| motorcar? You can employ an appraiser, but, if you | | | | won't be driving the car very much and, when you |
| have a stock original vehicle that has had no | | | | do, you'll be driving it very cautiously. The |
| modifications or additions, there are many resource | | | | physical-damage portion of your policy, the part that |
| guides and pricing guides that will give you a true | | | | protects you from theft, vandalism and fire losses, |
| estimate of your car's measure. If you've made | | | | will be more expensive and equals approximately 1 |
| meliorations or additions to the car that you believe | | | | percent of the total evaluation of the car. |
| augment its value, you need to engage an | | | | Some companies offer additional protection unique to |
| authenticator to support your claim. | | | | classic cars, such as "restoration coverage" which |
| If you buy an automobile insurance policy that | | | | increments the value of the car while an active |
| outlines an involuntary value appreciation, you won't | | | | restoration project advances, "auto show medical |
| have to review your insurance as much. Some | | | | reimbursement" pays if you're injured at an auto |
| carriers automatically increase the vehicle's economic | | | | exhibit or other car affair, and automatic coverage |
| value by 2 percent every 3 months, up to 8 percent | | | | for new classic autos you add to your accumulation. |
| each year, at no extra cost. If, however, you don't | | | | |