Antique Auto Insurance For Those With Good Taste}

Antique Auto Insurance For Those With Good Taste

by

Rob Gormly

You may be one of those lucky few that have a mint condition antique car. Are you paying too much for your insurance coverage? Are you paying as much for your antique car insurance as you are your regular insurance? If you are then you are paying way too much.

There are many reasons people buy and keep up antique cars. Most of the time people have antique cars to show off to their family and friends and to ride in it during the Christmas parade. You may not be driving it other than that. You want to keep it in excellent condition and do not want to risk getting it scratched and maybe they are not the most gas efficient cars. Just because your car is over 25 years old does not make it a better car a more efficient car. If you treat you car as a true antique, you may get a big break on the insurance.

Since the parts and cars are virtually irreplaceable, the antique auto insurance requires the person to make sure the car is secured. This means that they must not be just covered with a tarp in the yard. They must be in a garage and secured. This protects from damage and theft.

So, if you only take your car to special events to show it off you may qualify for a reduced car insurance rate. You’ll have to prove to the insurance company that you really only use it as a show car. If you happen to have an accident in it while driving to work, you can expect the insurance company to deny coverage. You can expect they to strictly enforce the policy rules.

Some people confuse classic cars and antique cars. Antique cars are much older than classic cars. Classic cars only have to be 15 years old where antique cars have to be at least 25 years old. Muscle and kit cars are also different as they are used for racing speed and leisure. Antique auto insurance does not cover these muscle cars because they are at higher risk for being damaged.

If you shop around you should be able to save yourself hundreds a dollars a year by buying the right antique auto insurance policy for your beloved car. The insurance company does not have much risk because the car is kept in a safe place most of the time. Because of that, they don’t have to charge you a huge annual premium.

Before you you make your next year’s car insurance premium payment make sure you get Rob Gormly’s great report on how to

save 10% to 30% every year

on your car insurance premium payment with the

information your broker doesn’t want to tell you!

Article Source:

eArticlesOnline.com

}