Classic Car Insurance

For instance, some classic car insurance only cover a classic vehicle while it is, for instance, traveling to a show, or actually parked at the show. If you want to use your own collectible car for a Sunday drive, it is important to make sure that pleasure driving is covered in your policy. So before you take your investment out for a spin to the beach, make sure you have coverage.

It will be much tougher, if not impossible, to find classic car insurance that covers the vehicle for a daily work commute or routine errands. Classic car insurance is not intended for daily use. One problem you will have is that most classic car insurance has a fairly low yearly mileage limit. You purchase insurance with a specified driving limit, like 1,000 miles per year or 5,000 miles per year.

Now when consumers purchase a typical car insurance policy, they also have to estimate their yearly mileage. But I have never heard of a company denying a claim because a driver of a late model sedan went over the estimate. If an average driver puts about 12,000 miles a year on their car, they will still be covered if their odometer runs up to 12,500 in December. In the classic car insurance world, these mileage restrictions are taken very seriously. So you would probably want to use an ordinary car for daily use. Save the treasured classic auto for the week-end.

You may also have a restriction on covering your car while it is not attended. Now, you should be covered if you leave your car to eat a meal on your way home from a show. However you will probably not be covered if you leave your car parked in a busy shopping center for 6 hours.