Do you own a precious vintage auto? If so, then classic car insurance is the best policy for you rather than the typical auto insurance coverage. Classic car insurance providers such as CO Insurance Specialist in Wheat Ridge, CO offer protection to these highly-priced autos than any other standard coverage. Since classic autos are normally used on rare occasions, they are limited to car damages hence fewer insurance claims than the regular autos. This post will outline some of the qualifications and benefits of classic car insurance.
Qualifications for classic car insurance
While shopping for your classic car insurance, make sure that you and your vehicle qualify for the coverage. Below are common restrictions and factors that determine if your auto qualifies for this insurance:
- You are the registered car owner
- You must be 25 years and above
- You have at least 10 years of driving experience
- The auto is only used for relaxation purposes
- You hold a great driving record
- The auto’s use is not more than 5,000km/year
- The car will remain in Wheat Ridge, CO
- You’ll only use the car to travel to shows – not for family trips/vacations
- You have another passenger auto for daily use insured to a separate policy
- You keep the car in a safe location like a private barn, residential garage, or rental storage unit
- You will never take it on an off-road expedition or race.
These qualifications may seem strict but they are put in place to protect your vintage car from damage. Here are the benefits or classic car insurance:
- Customized coverage precisely for you and your auto’s needs, like frequency of use and type of vehicle –for autos that are in garage or museum year around.
- Emergency coverage services
- Special events coverage for modified or stock/ special interest.
- Fewer premiums for less mileage- you only use it in shows and weekends
- Lower premiums
- Spare parts coverage
If you reside in Wheat Ridge, CO, and its environs, feel free to contact CO Insurance Specialist for more information about classic car insurance or for a quote.