There’s That Mustang

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.

There are many reasons people buy and keep up antique cars. Most of the time people have antique cars to show off to their family and friends and to ride in it during the Christmas parade. You may not be driving it other than that. You want to keep it in excellent condition and do not want to risk getting it scratched and maybe they are not the most gas efficient cars. Just because your car is over 25 years old does not make it a better car a more efficient car. If you treat you car as a true antique, you may get a big break on the insurance.

There are special antique auto insurance policies you can get for your antique car. They often have some restrictions such as having the car secured in a garage and that it can not be used for pleasure drives. They must only be used according to what the policy allows.

You first need to think about how often you’re going to drive that car and how it will be stored. Most companies that provide antique auto insurance require that you disclose how often and how far the car will be driven. For instance, some very old cars are used only in parades, exhibitions, club activities, and other such limited functions. They are not used for “joy rides” or anything else. Your carrier for your antique auto insurance may dictate how far the car can be driven and how often it can be taken out. They may also state quite clearly that the car cannot be driven for personal use.

Some people confuse classic cars and antique cars. Antique cars are much older than classic cars. Classic cars only have to be 15 years old where antique cars have to be at least 25 years old. Muscle and kit cars are also different as they are used for racing speed and leisure. Antique auto insurance does not cover these muscle cars because they are at higher risk for being damaged.

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.