When it comes to qualifying for specialty car insurance, the criterion mostly depends on the insurance company your interested in seeking coverage from. Now, we know what you're thinking: it could take forever to find what each agency is specifically looking for. Luckily, the team from Classic Ins. has come up with two easy ways to tell whether or not you qualify for most classic car insurance:
1. Authenticity
Your automobile must be at least be a few decades old to qualify for this kind of insurance. Most collectible cars are 20 to 25 years prior to the current year to qualify.
2. Collectible
You must treat your vintage vehicle as a hobby car, meaning you do not use it for daily driving. Classic custom cars are to be maintained as a collectible or perhaps an investment. This type of vehicle is only used for display: automobile trade shows, exhibits, and other such events.
I qualify, so how do I get approved?
This is one of many frequently asked questions we hear a lot. The mere fact that you own a antique or collectible car doesn't automatically qualify you for specialty car insurance. You have to also prove that your car will be garaged properly, you have a good driving record and credit rating, and you partake in the proper personal risk management.
See if you qualify today at Classic Automobile Insurance Agency by going online and getting a free quote or speaking directly to one of our representatives. We're always happy to help!
About the Author
Drew Yagodnik is Vice President of Classic Automobile Insurance Agency, Inc. Classic Automobile Insurance Agency has been protecting collector, classic and exotics since 1992.
