What vehicles qualify as classic cars?
You might think as your car ages that you might switch to classic car coverage. You might have heard that it costs less than regular auto coverage. It does, but your vehicle must meet certain criteria for classic car insurance. The Good Insurance Group LLC wants you to understand which vehicles in Bloomsburg, PA might qualify for classic car insurance.
What cars qualify for classic car insurance?
Most classic cars qualify by reaching the age of 25 years old or older. They also must qualify as rare though, as well as needing complete restoration before you purchase the insurance policy.
A rare or exotic car could only reach the age of 15 but still qualify for classic car insurance. It qualifies for its uniqueness.
When we say fully restored, that means that your vehicle contains all age-appropriate OEM parts. For example, you might purchase a used 1963 Corvette. You do not restore it but do repaint it. This does not qualify for classic car insurance. You need to restore the vehicle before it can qualify.
You purchase a kit to build a car that results in a replica of a rare, hard-to-find car. Your kit car, Model T, once complete, qualifies for classic car insurance. You cannot insure it while you build it though.
You also have to keep your vehicle in a garage to qualify. You need a relatively spotless driving record.
A Quick List of Qualifying Cars
While most of these vehicles are at least 25 years old or older, your vehicle of only 15 years of age could qualify for classic car insurance if it is rare. It must have been restored to its original condition though. Your insurer confirms this at an appraisal that also sets its replacement value. The types of vehicles that qualify include:
- Antique farm equipment,
- Classic military vehicles,
- Antique or vintage motorcycles,
- Collector cars made before 1980,
- Collectible vehicles,
- Modified street rods made before 1949,
- Vintage vehicles made from 1919 to 1930.
Contact The Good Insurance Group LLC, serving Bloomsburg, PA to learn more about classic car insurance and to obtain a policy for your qualifying vehicle. Call us today.