Antique Collector Car Insurance Rates for Non Daily Driver Vehicles

Many collectors are in need of antique collector car insurance to protect their prized vehicles. There are many antique and classic car clubs which advertise classic car insurance companies on their printed newsletters or websites. These car insurance companies keep track of market prices and trends, and can provide the most accurate estimate of a vehicle's value.

Obtaining muscle car insurance for the high performance cars built during the 1960s may be more expensive than older antique models, such as the ever popular Model A Ford. The muscle cars pack a lot of power under the hood, and can easily run off the road at the hands of an inexperienced driver. The vintage muscle cars are fitted with modern components which can often be repaired at most shops, and therefore can still be used for daily transportation.

Many of the famous classic cars built during the 1930s, such as the Auburn, Cord and Duesenberg, now command stratospheric prices and rarely come on the market. These rare cars are kept indoors by their dedicated owners, who make sure they have comprehensive classic car insurance coverage on them.

Hagerty Insurance is one of the largest insurers of antique and classic cars, with rates much lower than standard auto insurance policies. Although the long standing cutoff date determined that antique status was 25 years old, this has now changed into a case by case basis, and even brand new exotic cars can now receive antique and classic car coverage. The limit on road usage is usually 2,500 miles a year, while some policies limit coverage to driving only during public events such as parades and auto shows.