An antique car can be a beautiful thing to share, especially if you are someone that takes them to shows for all to see; owners of these cars would never consider cutting back on their insurance coverage. With such interest in old cars you will not be surprised to learn there are antique car insurance companies that take a particular interest in insuring this type of vehicle. This is good news for the classic car owner who wants a specialist company to look after his insurance as they should have plenty of choice; this should also make it easier to find a company that provides a quotation they can easily afford.
Mainstream auto insurers are also now able to provide this type of insurance for antique cars; they refer to them as ‘collectors auto insurance’ owing to they're specialized nature. Perhaps more so than a modern car, these policies need to be more precise and an insurance representative will require as much information about the car before he can supply a tailor made quote. They will also help you decide which types of coverage are within your target budget and which deductible and limit levels you will need.
Large insurers may not specialize in antique car cover but there are other benefits; these are usually old and trusted firms with a large customer base which is important when you are insuring a precious possession. These large companies are also able to insure your modern car at the same time and may even have a discount scheme for multiple policies. Most of the time if you arrange antique car insurance with a larger company like this it will cost more but this is offset by the fact that you will feel safer knowing they will still be around should you need them.
Independent specialist auto insurers might be able to provide a better service and conditions; also, these firms will generally not insure any other types of car. A number of independent insurance providers even specialize to the point where only a certain type of classic car is insured. It is worth doing some research when choosing an independent antique car insurer to make sure they have a good reputation as you will have a great deal of money at stake.
This can be an awkward situation when you have been paying your insurance premium regularly to find the insurance company will not pay out on a claim you have made. Finding antique car insurance can be a lengthy and frustrating process; sometimes it is necessary to persevere if you want to have you car protected by the correct insurance policy. By their very nature, classic cars are almost always irreplaceable and represent a big investment on the part of the owner so protection for these cars is an absolute necessity.
Francisco Segura owns and operates http://www.autoinsurance2k.com