Owning and insuring classic cars is complex topic because too often people find out their biggest investment wasn’t properly covered. Before trusting an agent with insuring your classic car, be sure to ask them about their experience with classics. There are a variety of limitations that are enforced on classic cars that need careful consideration.
First things first, you need to know if you have a classic car or an antique car. Classic cars are defined as those manufactured in between 1940 and 1970, whereas any car made before 1940 is classified as an antique car.
Once you sit down with an auto insurance agent who is experienced with insuring classic cars, you should next talk about what limits you will be held accountable for. The limits applied to your classic car will depend on the type of classic car and the age of the car. These limitations can be as simple as only driving on Sundays or on holidays. Some limits require you to trailer the car to and from car shows. It is imperative that you sit down and discuss these options with your insurance agent.