What is fun, glamorous, exciting and very expensive to insure? Welcome!
Classic cars are in a category of its own. Very expensive to insure as they signify something glamourous, fun and exciting. Those are loud statements for attracting car thieves. What's more, they are also very expensive to maintain. Classic car insurance policies are generally put into three categories:
* Classic Cars: These cars should be older than fifteen years. Many people feel that anything prior to 1970 is a classic. (We will leave the arguing up to you!)
* Vintage Cars: These cars have a manufacturing date between 1903 and 1933.
* Veteran Cars: These cars are a gem and their manufacturing dates are anything prior to 1903.
So, which category does your vehicle fall under, for obtaining classic car insurance purposes?
Whichever category your vehicle falls within, you should look at classic car insurance. Sadly, many of the large insurance companies do not offer any "classic car insurance" and they will treat your vehicle like a vehicle that just rolled off of a car lot.
Whicever of the three categories your vehicle belongs to, you should be looking for classic car insurance. Unfortunately, many large insurance companies do not even offer this special category of classic car insurance. They may even treat it as a commonly sold second-hand vehicle.
So it's up to your own device to get the correct classic car insurance. This may take up some research time but with the Internet you should be able to find your classic car insurance more easily than before.
Certain things you should be keeping in mind when buying classic car insurance:
* Value is a relative term for classic cars. When you approach many insurance companies, each of them can quote a different value for your classic car. It's important that you agree with their valuation before signing up for any policy.
* Make sure that the value of your classic car is "guaranteed" in the insurance policy. Some car insurance companies have refused to pay car owners the full value of their vehicles. If it is not guaranteed in the contract, you may be very angry if your car was damaged beyond repair or stolen.
* Avoid signing up with general insurance companies and seek out insurance companies that deal with these special vehicles. The rates are better and the policies are made to fit your needs. You usually can find them advertising in classic car magazines or by asking another classic car enthusiast.
Just about every car owner wants to save money on car insurance. Ken Charnley helps you do just that on his budget car insurance website where he gives tips on how to save money on car insurance.
