How To Find The Best Car Insurance For A Classic Or Antique Car

In the eyes of many motorists, nothing beats the allure of a gorgeous classic car. Whereas the value of new cars decreases each year, the value of these classics only goes up, so it becomes easier to have car insurance online.

However, a lot of care must be taken with such valuables. In order to keep them looking and performing as they should, it is necessary to invest in costly restoration and tune-ups on a regular basis. Because of this, every owner of one of these cherished classics must have auto insurance

The question is whether or not historic cars are included in the coverage provided by the typical third-party or comprehensive plans. They don't, in fact. These vehicles can enroll in a special type of insurance policy designed specifically for their age and unique needs. Before diving into the specifics of this type of coverage, it's important to know how insurers categorize "classic," "antique," and "vintage" vehicles.

What's the Difference Between an Antique, Vintage, and Classic Car?

Vehicles can be distinguished from one another by their respective production years. The criteria for this classification have been established by the Vintage and Classic Cars Club of India (VCCCI).

Vehicles that are 20–40 years old are considered classics. It's important to keep in mind that in order for a car to be considered an antique, it must be restored to as close to its original condition and design as possible.

A classic car is one that is at least 45 years old. As with classic cars, antique automobiles benefit from being true to their origins.

Antique automobiles are those built between 1919 and 1930. No matter what changes are made to a classic car, it will still be recognized as an original.

Although the majority of insurance companies adhere to the standards set by VCCCI, certain insurance companies have their own requirements when it comes to insuring older vehicles.

How do you define classic car insurance?

When it comes to renewing car insurance online for your vehicle, you can choose between standard coverage and antique coverage, which is specifically designed for older vehicles. The VCCCI accredits certain vehicles as classic, and those owners may then purchase special insurance for their vehicles.

You can get third-party or full coverage insurance for your historic car just like you can for any other car. Third-party liability insurance is required; however, full coverage is not.

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