Although insurance may mean another expense, it is essential to have your vintage car covered. It is a high-value investment; without the proper protection, you could suffer great losses and pay a ridiculous amount of money even for minor dents, scratches, and health check-ups if you get into a road accident.
If you don't have insurance for your car yet, you have to know that classic car insurance has lower premium rates than the standard auto insurance. This is because most vintage cars usually have limited use. They are often used for parade and show purposes only. If you are thinking of a way to save even more on your insurance payments, you can follow some personal risk management techniques. These involve assessing different on road and off road situations that can place you and your car in danger and enumerating preventive measures for these situations. An example is avoiding indiscriminate parking, especially in unfamiliar places or areas with no safe parking space. Another is to avoid drunk driving and sticking to the speed limit. You should also follow the agreed mileage given by your insurance provider. When you follow these simple steps and let your insurance provider know that you are doing something to keep your car away from accidents, chances are you’ll be getting lower premiums.
Know more about how you can have lower insurance rates by contacting Classic Auto Insurance. While you're on our website, don't forget to get your free antique car insurance quote.
About the Author
Drew Yagodnik is Vice President of Classic Automobile Insurance Agency, Inc. Classic Automobile Insurance Agency has been protecting collector, classic and exotics since 1992.