Owning a classic or retro vehicle is certainly a great thing especially if you love cars and appreciate the history of this industry. There are countless classic car appreciators and enthusiasts all over the country many of which devote their time and money into restoring and repairing old cars. The beauty of a vintage vehicle that has been returned to its original functioning state or taken on a new level with better equipment used in them running the roads is definitely rewarding both for the car owner and the people who see it. Yet there’s a bitter pill to swallow when you own such a car as well since getting car insurance for a classic or vintage car can be challenging at times and may require you do be more picky about the insurer to buy from.
It’s not that ordinary car insurance providers don’t service vintage or classic cars – they actually do. Still you will have to go to an independent appraisal service in order to determine the actual value of your vehicle as opposed to its market value (that diminishes with time and is rather low with vintage or classic vehicles). After getting an appraisal that takes into account the money and work invested into restoring the vehicle your insurance company will issue the requested policy with the amount of coverage you needed. The problem is that if anything happens to your car they will send it to a typical repair shop that will certainly lack the equipment and staff that would be able to adequately repair your vehicle. That’s certainly off-putting if you have spent hundred of hours in the garage and don’t want anyone to ruin your whole work. If that’s the case you should look for a specialized car insurance provider.
Specialized car insurance companies are present in all states. And while having less customers which usually leads to higher car insurance quotes they are known to offer adequate services and have vintage car repair experts at their disposal. Of course shopping around also makes sense with such companies as they will give you the chance of getting a cheaper policy but since there are less customers involved there won’t be such a prominent difference in the rates you’ll get from different providers.
Still no matter what type of insurance company you choose to get your policy from there will be certain limitations with your coverage. One of the main limitations is your yearly mileage that should be rather low. Another important requirement is the storage conditions of your vehicle as it should be kept in a garage. But since most vintage and classic car owners don’t use their cars as ordinary everyday vehicles that shouldn’t be a big problem. Taking that such cars are mostly used on special occasions and often get delivered to fairs and expos with special trailers such rigorous requirements won’t be off-putting as for ordinary vehicles. So it really depends on the extent of work and the special requirements you would have towards the expertise of repair shop workers when choosing an ordinary or specialized insurance provider.