Collector Car Insurance
For many motorists, they are not simply looking for a vehicle that fits their budget, gets good gas mileage that suits their needs. There is a large group of individuals who collect antique, vintage, and rare automobiles. For individuals such as these, the value of the vehicle is difficult to assess, and typical automobile insurance is almost certainly insufficient.
If you are venturing into the collector car world, or you’re just looking for car insurance answers, look no further than Insure on the Spot. Our Illinois auto insurance experts are able to help you any time when you contact us by calling 888-972-SAVE.
Advantages of Collector Car Insurance
Cars usually depreciate as they get older, accruing problems and damage that, in addition to their out-dated technology, make for a much less valuable vehicle. In the case of a true vintage or antique vehicle, however, it is certainly a much more complicated matter for insurance companies. Some companies are likely to choose not to insure classic cars at all because of the expense associated with repair. Look into collector car insurance if your car is:
- In excess of 25 years old
- Only used for display, or short recreational driving
- Not your “regular use” vehicle
- Considered rare or exotic
The true value of a collector car may be impossible to accurately assess. Lacking many of the items that make modern cars valuable, a company’s formula for determining worth is likely not to apply. Many collector car insurance companies will negotiate the cost with more than just this formula in mind.
Contact Us
For help understanding your car insurance options, contact the Illinois auto insurance specialists of Insure on the Spot at 888-972-SAVE today.
