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Safe Insure Plus, LLC

2105 S. Elliott
Pryor, OK 74361

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Oklahoma Auto insurance coverage

What is the insurance definition of a classic car?

Perhaps you purchased an older model car or truck or your vehicle you purchased years ago has aged into classic status. You might have noticed that parts seem to get more expensive as your vehicle ages. You might decide to drive it less often because it no longer earns good gas mileage.

Classic car insurance can save you money because its premium cost you less, says Safe Insure Plus LLC serving Pryor, OK. You agree to drive the car only for 1,000 miles per year. Doing so lets you save big and provides for the full replacement value of the vehicle should anything happen to it.

What cars qualify for classic car insurance?

Your vehicle typically must be 25 years old or older and the insurance company classes it a classic. It must have been restored to its original condition. This occurs at an appraisal that also sets its replacement value. The types of vehicles that qualify include:

  • Antique farm vehicles,
  • Classic military vehicles,
  • Classic motorcycles,
  • Collector cars manufactured pre-1980,
  • Limited edition or collectible model vehicles,
  • Modified street rods manufactured pre-1949,
  • Vintage cars manufactured from 1919 to 1930.

Other Qualifications for Classic Car Policies

You must have a safe storage place for it, such as a garage or parking space in a covered parking garage. You also need to keep the mileage on the vehicle low and prove that you keep the vehicle in good condition with regular maintenance. You also need to have a strong driving record and own or lease a second vehicle to drive as your main car or truck. Your driving record needs to be clean for five to 25 years, depending on the underwriting company.

Some younger cars and trucks can qualify as a classic if they were modified to created added value or to create a unique model. Exotic vehicles less than 15 years of age, such as a Lamborghini or Ferrari, can also qualify for this insurance since they increase in value with age typically.

Contact Safe Insure Plus LLC serving Pryor, OK to learn more about classic car insurance and to obtain a policy for your qualifying vehicle.