When you've worked hard on restoring your classic car, quality insurance is a must have. But before you call up the first insurance company you find…{"id":7720,"date":"2015-09-24T10:54:32","date_gmt":"2015-09-24T17:54:32","guid":{"rendered":"http:\/\/www.pomonaswapmeet.com\/blog\/?p=7720"},"modified":"2015-10-02T13:28:43","modified_gmt":"2015-10-02T20:28:43","slug":"5-must-know-facts-about-classic-car-insurance","status":"publish","type":"post","link":"https:\/\/www.pomonaswapmeet.com\/blog\/2015\/09\/24\/5-must-know-facts-about-classic-car-insurance\/","title":{"rendered":"Five Must Know Facts About Classic Car Insurance"},"content":{"rendered":"

When you’ve worked hard on restoring your classic car, quality insurance is a must have. But\u00a0before you call up the first insurance company you find for a quote, there are a few things you need to be aware of. Here are some\u00a0facts about specialized classic car coverage\u00a0that will help you<\/span> determine if your car qualifies for classic or collector car insurance<\/a><\/strong>:<\/span><\/p>\n

1. Vehicle Type:<\/strong>\u00a0 “Classic Car” is a broad term and it means different things to different people. Insurance companies have very specific definitions for what can be insured as a “classic car.” When speaking to an agent, make sure that it’s clear you want classic car coverage, and not a traditional policy, to ensure that your car qualifies.<\/span><\/p>\n

2. Age Restrictions:<\/strong>\u00a0 Your\u00a0car might be a limited edition, but that doesn’t mean it will automatically qualify for specialized insurance. The majority of states require a vehicle to be at least 15 years old before it’s considered a classic. Some states, such as Massachusetts, require a car to be as old as 25 years. Different insurance companies will also have different age restrictions so make sure you shop\u00a0around if you don’t get the answer you want from a company.<\/span><\/p>\n

3. Driver\u00a0Limitations:<\/strong>\u00a0 Most insurance companies will have an age restriction on the principle driver of a classic car. Many times the driver has to be at least 25 years old. Insurance companies may also have strict eligibility restrictions based on the driving history of the declared driver.<\/span><\/p>\n

4. Storage Requirements:<\/strong>\u00a0 To qualify for classic car insurance, your vehicle can’t be parked just anywhere. Insurance companies often require that your vehicle be stored in a secure, designated garage. Don’t have a garage? Some companies will suggest a preferred storage facility for your vehicle. Parking on the street or in your driveway may negate your classic car insurance policy, and leave you holding the bag for any damage claims.<\/span><\/p>\n

5. Limited Usage: \u00a0<\/strong>Is your classic a daily driver?\u00a0If you drive your classic every day, it may not qualify for specialized insurance. Generally, for\u00a0classic car coverage, the insured vehicle must not be your primary mode of transportation. In fact, the car must be used on a very limited basis. It’s likely you’ll be restricted to 5,000 miles or less per year, sometimes just enough to get to car shows and back.<\/span><\/p>\n