Vintage Car Insurance

Vintage car insurance is a special type of car insurance applicable for car which are old and have been classified as vintage cars or classic cars. You are driving down the road in you spunky new car and then you lay your eyes on a vintage beauty coming from opposite direction. And you become stuck by the sheer beauty and elegance of the car. You won’t see the car being driven by a driver. Most probably, it would be driven by the proud owner.

These exotic cars have great historical value. These much older cars can be put into 3 categories based on the year of production:

The cars manufactured before 1903 are called Veteran cars
The cars built between 1903 and 1933 are called Vintage Cars
The cars built between 1933 and 1973 are called classic cars.

Actually all cars which are older than 35 years old can be termed as classic cars. While driving a vintage car has its own satisfaction and pride, it is important to keep it insured against all types of mis-happenings. Usually all car insurance companies provide vintage car insurance but it is always advisable to get the vintage car insurance from a reputed insurance company who specializes in insurance of these types of cars.

The definition of a vintage car may be different for you and for insurance company. Therefore it is very important that you come to an agreement with your insurance company about the agreed value of the car. The agreed car value is the value which you should receive in case of total loss or if the car is stolen and could not be recovered.

The insurance company will take into account various considerations before valuing the car and setting up the coverage amount and premium or your vintage car. A few such considerations are given below:

• The age and make of the car
• The way the car is kept and maintained. Since these are vintage cars, they are expected to be kept nicely in a garage instead of pavement or road.
• The driving history of owner
• The cost of repair and spare parts
• Type of insurance being applied by the owner
• Usually, the mileage of these cars is very low since these cars are not expected to be the primary mode of transportation. These cars are taken out only for an occasional spin or show off in exhibitions or clubs. Usually, the mileage of these cars would be limited by insurance companies between 1000 to 5000 miles per year.

Since insurance is a very important consideration regarding a vintage car or a collector's car, you should make every attempt to take a comprehensive insurance. Also make sure that you understand all the terms and conditions of the policy. In case there is a claim, you should not get any rude shock. It is always better to go with a car insurance company who specializes in insurance of such cars since they will be able to provide batter valuation of your car and they understand your needs better. There are various insurance companies who provide quotes for your vintage car insurance online. Just fill in your personal and car details and get free quotes from different companies. You can compare quotes, compare terms and conditions and even read reviews from similar customers which will help you decide the best insurance company as per your need. Thanks to internet, shopping for vintage car insurance has become much easier than before.