A lot of people are wondering why classic car insurance is more affordable than standard auto insurance. The answer to this question can be summed up in 3 words: Low risk drivers.
Classic car insurance agencies are able to lower their rates because majority of their clients are low risk drivers. Because of the kind of cars these clients own, many are very meticulous with the care they provide to their cars. Most of these car owners are also very careful when they use their vintage cars on the road. These factors afford a classic car insurance agency to lower their rates as they don't always have insurance claims to pay for.
If you are in the market for antique classic insurance, you have to know that how you use and store your vehicle may be part of the application process. A company may ask if you have another vehicle you use for everyday driving. Many vintage car insurance companies will not allow you to use your vintage car for general transportation. Having a fully enclosed garage may also be required by your insurance provider to make sure that your car is safe from threats when not in use.
If you want to save on car insurance payments, it's best to get your car insured with Classic Auto Insurance. We provide full protection to your vehicle at a rate that you can afford. Get your free quote today.
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.