Today's economy is driving people to looking for ways to save money. Let's face it, there are times when your decisions are solely based on prices instead of quality and product benefits. This is also very common with owners of collectible cars. In looking for affordable car insurance, most vintage vehicle owners would choose standard auto insurance over classic car insurance. Eventually, you may discover that standard auto insurance costs more than classic car insurance.
Aside from getting classic car insurance for your collectible cars, you can save more money with personal risk management. Many insurance companies give lower insurance premiums to low risk clients. Personal risk management effectively helps lower your specialty car insurance premiums because most collector car insurance companies will see you as a responsible vintage vehicle owner and consider you as a low risk client.
How do you start with personal risk management? You may begin by assessing how you use your car and where you store. Do you use your classic car as an everyday car? Do you join car shows and other car events? Do you keep your car in your garage or park it in a public parking lot? All these factors may lead to accidents or your car getting damaged. By manipulating or changing these factors, you are decreasing your chances of getting into accidents. Low risk for accidents mean low classic car insurance premiums.
Are you ready to get your antique car insurance quote? Get one free from Classic Car Ins.
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.