Do you have an old car that you value highly? If so, you will need to make sure you purchase classic car insurance for the vehicle to have the protection you need for it. Classic car insurance is a unique coverage type designed for old or antique vehicles. Here are several details to know about this coverage type if you have an old car that you need to insure.

What Vehicles Qualify for It?

Classic car insurance is a distinct coverage type that applies only to certain vehicles. However, every insurance company might have different standards. For example, your car might have to be at least 25 or 30 years old to qualify for classic car insurance. Some insurance companies have other standards, too, including that a car must be a muscle car or rare vehicle of some type. If you have an older car, you can ask an agent if your car qualifies for this coverage.

What Coverage Does It Offer?

When you buy classic car insurance, you should ask the agent what it covers. Most companies offer all types of protection with classic car insurance, and they use a stated value. The stated value is the amount your vehicle is worth, and you must tell the agent the amount when you apply for coverage. The stated value is the amount of money your coverage will provide if you total the vehicle. The coverage should include both comprehensive and collision coverage, and it will also include liability protection.

What Rules Apply?

To qualify for classic car insurance, you might have to meet some requirements. For example, most classic car policies limit the mileage you can drive per year. If you drive more than the allowable amount, you might not qualify for this coverage. Additionally, you might not be able to get the coverage if you have a poor driving record.

How Much Is It?

Finally, you can ask the agent about the costs. The costs for insuring a classic car vary and your agent cannot give you a quote without knowing several things. First, they must know the make and model of the car. Next, they need the value. Finally, they must look up your driving record to see where you stand as a driver.

If you would like to receive a quote for classic car coverage, talk to a car insurance agent. Most auto insurance providers offer insurance coverage for classic cars, and you can call to learn more.