There is no hard and fast rule when it comes to specialty insurance as its definition would mostly depend on the perception of the insurance company you’re interested in obtaining coverage from. In most cases, however, the two characteristics below can help make your automobile qualify for this type of insurance.
At least a few decades old
Your automobile must at least be a few decades old to qualify for this kind of insurance which is also known as vintage or antique car insurance or collectible car insurance.
Hobby car
Your automobile must not be something you use daily for driving. It must be something that you only maintain as a hobby or perhaps even as an investment. In most cases, this type of automobile is only used for displays in automobile trade shows, exhibits, and other such events.
Tips for getting your insurance application approved
The fact that you do own a collectible or vintage car doesn’t necessarily mean insurance companies would be readily willing to insure your automobile. You have to prove that you’re a good driver, and perhaps prove that you have good credit rating as well.
Classic Auto Insurance provides insurance for vintage cars. Contact us today and get an instant classic car insurance quote for your vehicle.
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.
