how much is insurance on an antique car It may surprise you to find out that classic car insurance costs much less than regular car insurance. If your car is a legit antique you may be bracing yourself to pay a lot.
How Much Is Insurance On An Antique Car, And your classic or collector car insurance policy actually costs about 244 less. If you have an art antique or collectible collection this amount will cover about 1 of your collection. Classic car insurance is a special type of coverage for a wide variety of cars including classic antique and customer cars as well as a variety of other specialty vehicles.
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Another major reason it is often more expensive to insure a classic car is that the value of the vehicle is calculated differently. The average cost of antique auto insurance in the US is 5047mo. If your car is a legit antique you may be bracing yourself to pay a lot.
If you have an art antique or collectible collection this amount will cover about 1 of your collection.
The answer is not very much. The appraised value of a collection can sometimes be two to three times more than the fair market value. Normally you dont need much car insurance for an old used vehicle. Browse our collector and classic car insurance packages today to find a policy thats right for your vehicle and its unique needs. According to Hagerty a collector car insurance agency classic car insurance may cost you around 36 less per year than a standard car insurance policy.
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Pin On Classic Cars The features and premiums youll pay vary from insurer to insurer so its important to understand what you need to know to buy the right policy for your vehicle. Lower car insurance rates but with restrictions Sample car insurance rates for classic cars. If you own a classic car like a 1965 Ford Mustang or a 1955 Chevrolet Cameo youre probably going to want classic car. The answer is not very much. Thats why your classic car insurance policy isnt just a standard car insurance policy.
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