Whether you have recently acquired the vehicle, or you are finally finished with a long restoration and ready to get behind the wheel, it is critical to select classic collector car insurance from an insurance carrier that really understands what makes car enthusiasts like you tick. Many major insurance corporations will not insure vehicles of this nature, while others are happy to provide you with a policy that is inappropriate for your wants and needs. After all, your baby is certainly not a daily driver—so why obtain that same type of regular use policy? Not only is it unnecessary coverage, but you will probably wind up spending far too much money on it.
Determining Your Vehicle’s Value
Only you know exactly how much time, energy, and money you have invested into your classic car, truck, or motorcycle. Most car insurance companies do not want or need your input on how much you think it is worth—they tell you what they are willing to pay based on their own statistics, and you can either take it or leave it. Unfortunately, because classic collector cars are at least 15 to 20 years old, the values they come up with are often completely unfair and a mere fraction of your vehicle’s true worth. Isn’t it better to find a classic collector car insurance carrier who will work with you to create a customized policy based on a mutually agreed-upon value?