A classic car is not only a piece of history but also a beautiful, unique treasure. And it is important to preserve that legacy and properly care for a classic car. With that in mind, here are some key facts about classic car insurance, courtesy of Safe Insure Plus LLC serving the Pryor, OK area.
Age of Classic Vehicle
There is no set age at which a car starts being considered a classic. In some instances, a vehicle has to be at least 15 or 25 years old, whereas in some cases it can be considered a classic if it is less than 15 years old, especially if it is in some way particularly rare.
For insurance purposes, a classic car cannot be driven more than a certain number of miles per year. It cannot be the vehicle owner’s primary and everyday vehicle. Otherwise that vehicle is not eligible for being insured under a classic car policy.
Storing a Classic Car
From an insurance standpoint, it is definitely not fine to keep a classic vehicle outside in the driveway or on the street in front of the owner’s house. The car must be sheltered and stored safely and away from harsh weather conditions. Ideally it should be stored in a building that is specifically for storing classic vehicles. An item of such value must be protected properly and adequately.
These are just a few of the many ways that classic car insurance is unique. As you can see, classic car insurance is quite a bit different from standard car insurance. Do you have more questions about classic car insurance? We are here to help, so feel free to contact Safe Insure Plus LLC serving the Pryor, OK area for more information.