Automotive Journal

Do you like to fee like Jay Leno driving your antique car in a local parade. Or maybe it is just the pride of ownership you enjoy as it stands out at your favorite car show. Have you thought much about the insurance coverage you have on it. You may be paying way too much.

Antique cars have special insurance policies because they are not used like everyday cars. They are usually stored away safely most of the time and only taken out for special occasions, like parades and car shows. Heaven forbid that they get mud or grease on them from driving on a sloppy day or speeding down the highway. A few finger prints is about all they can handle. To offer their special rates, antique car insurance policies are packed with restrictions and requirements.

The storage of the car may also come into play with antique auto insurance. Most companies require that it be kept in a locked garage or storage facility when not in use. Keeping it under a tarp in the backyard may not be protection enough. Remember, these older cars are impossible to replace so the antique auto insurance provider wants to be sure that the risk to the car being stolen or vandalized is kept to a minimum.

You may find that if you are only driving your car to club meetings, parades and special events that you are paying way too much for you antique auto insurance. An antique car is an investment. Many times the parts and the car itself can not be replaced. That is why antique auto insurance has certain restrictions. They do not want you to take unnecessary risks but they are willing to give you a decent premium if you take certain precautions.

There is a difference between classic cars and antique cars. Classic cars are only 15 years old where antique cars have to be at least 10 years older than that. You may see a variety of cars at car shows such as muscle cars. These types of cars are maintained for their looks and speed. Their insurance is much higher because there is a higher risk for damage on these type cars as compared to antique cars.

If you have an old car you’re proud of, consider getting antique auto insurance so that it doesn’t need to just sit in the garage. Shop around a little to get a good deal. It isn’t as expensive as you may think it is. Since the car is driven so infrequently there is not much risk for the insurance company so they don’t charge as much as they do for your everyday car.