Antique Auto Insurance Guide

By : Sudarma
Antique auto insurance is another type of auto insurance available and needed to protect your valuable investment. An antique car is defined as being at least 25 years old and used primarily in exhibitions, antique auto club activities, parades and other public events. The value of the auto for the purpose of antique auto insurance coverage, depending upon the state, can be stated value or agreed upon value. Stated value is what you say it is worth, agreed upon value is the compromise between you and the insurance company.

Antique auto insurance has the same categories of risk as regular auto insurance. Bodily injury, property damage, collision, comprehensive, medical and personal injury protection are all included. Since it is an antique car and irreplaceable, your antique auto insurance will have as complete coverage as possible. The antique auto insurance policy usually restricts your usage of the car to driving to and from events. They will not cover you if you use the antique car to go to the stores for a quart of milk or a loaf of bread.
Antique auto insurance will also have rates based on the miles you drive the car during the duration of the policy. Where you keep the antique auto is very important in terms of your policy conditions. The company wants to restrict the possibility of vandalism and theft. If you have been convicted of a DUI, you will have trouble getting any insurance policy, let alone one for an antique car.

An antique auto is a much sought after valuable item. They are not made anymore and they are a part of history making them not capable of being replaced. This is the reason that when you get antique auto insurance there are restrictions placed upon you, not placed on owners of ordinary autos.

Check out my other guide on united auto insurance and global life insurance

Antique Auto Insurance

Antique Automobile Insurance

Antique Auto Insurance Guide

Related Articles: