50+ Classic Car Insurance Requirements
Images. To qualify for collector car insurance you must meet the following requirements: Limited editions, exotics and supercars.
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The classic car policy allows you to use your collector vehicle for club functions, exhibitions, organized meets, tours and even occasional pleasure driving. Protect it now the right way with grundy agreed value insurance which gives you 100% of the value of your car in the event of a total loss. To be eligible for classic car insurance, your vehicle must fit one of the following definitions:
They also place maximum annual mileage restrictions on its use, the ceiling for which will depend on your state but usually not exceed 7,500 miles per year.
Classic car insurance is offered as a separate insurance policy because a classic automobile is considered a valuable asset, which requires specialized protection. Furthermore, insurance companies are very strict when it comes to the driving history and experience of the declared drivers who use the classic vehicle. An enclosed structure such as a private garage or storage unit is preferred, but carports, driveways, and other storage areas may also be acceptable. Your vintage cars deserve the best classic car insurance
