What Every Classic Car Owner Needs to Know!
Many classic car owners are misinformed, assuming their antique car is covered under their standard auto insurance policy. However, in order to properly cover your classic car, you will need a unique, specialized classic car insurance policy. There are a variety of factors that determine eligibility to insure a classic car. Keep these facts in mind when you are looking to insure your classic car:
- Your car must meet the requirements of the various characteristics of classic cars. Many assume that if a car was built before 1974, it is considered a classic. However, there are a variety of requirements.
- Veterans – Cars Created Before December 1904
- Edwardian – Cars Manufactured between January 1905 and December 1918
- Limited – Cars that are Rare, Of Special Interested, or Limited Editions
- Each state varies on requirements, but typically, a classic car must be at least 15 years old before it is classified as classic.
- Driving record and the age of the driver also come into play when determining eligibility for classic car insurance. Most insurance companies only allow mature drivers to obtain this specialized insurance policy.
- You must also comply with the proper storage requirements of your classic car. Classic cars are not to be left on the street or outside of your home and must be securely stored in a garage. Some insurance companies require classic car owners to store their cars in a designated classic car garage.
- Classic car insurance typically limits the amount of miles that can be driven annually; generally this number maximizes at 5,000 miles annually. Classic cars are not insured if they are driven daily.
Little & Sons Insurance Services has been providing California residents with personalized insurance services since 1922. Contact us today for all of your Calimesa insurance needs. We can help you determine the best plan to properly insure your classic car.