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Collector Car Insurance

May 21, 2011 By mwcolrjy Leave a Comment

Article by Steve Benedict

If you don’t know the difference between vintage cars, antique cars, classic cars and other types of valuable older automobiles and trucks, you may end up paying too much for collector car insurance. In this article, I’ll try to help you through some of the subtle variations and how to classify your collector car for insurance purposes.

Antique Cars

The history of the automobile dates back to the 1880′s, when they were called Horseless Carriages. Many experts use the period from the 1880′s to about 1916 to date the Horseless Carriage era. When you talk to ten experts, you’ll probably get five to agree upon definitive dates for antique cars. That’s why antique car insurance is difficult. I tend to believe that antique cars were built before the first World War.

Vintage Cars

Most experts will agree that vintage cars were built between 1919-1930. I know what you’re thinking. What about those cars manufactured “during” WW1? How do you classify them? History will show that American auto plants were shuttered during the war and turned into production facilities for war vehicles. That’s where we get Vintage Cars, for purposes of classifying vintage car insurance.

Classic Cars

Some car buffs believe Classic Cars are state of the art automobiles born between 1925-1948. Others believe that any car that was built before 1973 is a Classic Car. There are as many definitions as there are “experts”. I believe The Classic Car Club of America states that an Antique Car is one manufactured before 1948.

Terminology

The purpose of all the preceding terminology is to show you how confusing it gets when trying to buy Collector Car Insurance. Your true antique car may be worth millions, is probably stored in a secure building and is never driven.

A restored vintage car may just be driven a few times a year to car shows and parades. A classic car may be the one you drive every day, because you love the look and it’s easy to work on.

Insurance

With all the experts tossing around confusing dates and terminology, your best bet for collector car insurance is to contact an independent insurance agent, that works with specialty insurers. Describe the year, make, model, your total investment, where it’s stored and the way you use your old car. Take pictures of the car, inside and out and of the storage facility. Try to find copies of all records, including original bill of sale and all restoration bills.

I believe that an independent insurance agent will find a good specialty insurer that works with collector car insurance all the time. These specialty insurance companies take all the information from your independent agent. They have their own determination of what constitutes an antique car, vintage car or classic car insurance, based on their own expert’s advice. At the end of the day, it’s the specialty insurer that will determine how much you pay for collector car insurance.

About the Author

My name is Steve Benedict,and I help people save money. After 35 years in business ownership, I am semi-retired and now research and write articles on a variety of financial topics for a number of online publications. If you like to keep more of your hard earned money, visit my website, http://www.carinsurance-journal.com.

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Antique Collector Car Insurance Rate

May 21, 2011 By mwcolrjy Leave a Comment

An antique collector car is what is commonly used to describe that special category of cars which have lived through generations and have survived eons of competition from more modern brands, and still maintain the integrity of having been an automobile of a time best preserved in museums and told in old folk tales of nostalgia. They best capture the meaning of the adage “old is gold” because to find a well maintained machine of that sort would be a magnificent feat indeed.

Insuring these pieces of treasure would therefore require the use of specialty insurance packages that offer clients an antique collector car insurance rate suitable for the protection of the value of the antique car should a pre – specified event occur. There have always been debates as to what kind of car qualifies for the esteemed title that is antique, but the dominant theory is that an antique car has to be at least 30 years old

This fact alone invalidates the use of regular car insurance packages which cover cars with the normal life of between 10 to 15 years. The rarity of the antique car has forced insurers the world over to come up with policies which accommodate the uniqueness of antique cars and so offer an antique collector car insurance rate specific to individual cars. The adopted method for coming up with an agreeable rate will involve the full appraisal of an antique car by a professional valuer in the employ of the insurance company.

Another way of calculating the antique car’s value is to simply use its original cash price at which it was bought. Normally in such  cases documentary proof will be required. The importance of getting the correct value of the antique car will be witnessed when it comes to calculating a suitable antique collector car insurance rate which will determine how the insurance premiums will be paid.

It is important  for you to perform due diligence as far as comparing the insurance policies that offer an antique collector car insurance rate different from each other so that you may get a cover that is relevant for protecting the value of the antique. By and large the antique collector car insurance rate will depend on the kind of cover you decide to take. In this regard, there are several options including cash value, agreed value and stated value insurance.

Cash value insurance is designed to give the value of the antique car at the time of the policy issue. It has a flaw of not being flexible enough to make room for appreciation of car value and so many have been known to avoid this type of insurance. The agreed value policy can be applied to those clients who only use their cars on special occasions and times and so can get out of paying premiums for the full coverage of the car at all times. The stated value provides cover for the stated amount of the car in the full duration of the policy.

Amelie R. Rowley is an expert when it comes to the subject of antique collector car insurance rates. Check out her blog Collector Car Insurance Blog!


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Factors to Join a Collectors Car Club

May 21, 2011 By mwcolrjy Leave a Comment

Article by hillary clark

Everyone who decides to join a car club generally has different factors for becoming thinking about the procedure, the majority of folks tend to join for various factors, but on occasion the reasons you are thinking about joining coincide with someone else’s factors and at other times they tend to conflict. You should join a car club for your own individual reasons and try to avoid reasons which are inconvenient for you, or don’t combine properly together with your wants.

Each and every car club is very various, there are some clubs that are designed mostly for younger adults, while others are geared towards older adults or even ladies. This type of organization helps very well to permit individuals to interact with folks who are comparable and share at the very least one common thing. This can be an excellent approach to acquire some new pals, and have a look at some fabulous cars all at the identical time.

An additional reason that numerous individuals start looking into joining a car club is so they can look around for individuals who’re skilled inside the style of cars they take pleasure in. For example, you wouldn’t do the exact same maintenance to an old classic car as you would to a kit built car. There are some distinct differences and joining a car club can assist you to understand those differences quickly.

Numerous folks who’re new to the car world tend to use a car club as a method to locate a mentor. This permits them to truly work with folks who are very skilled and can assist them get as significantly info as feasible from the meetings or even just hanging out in general. Those who are searching for a mentor typically have a huge selection of members to choose from and are able to find someone who is knowledgeable and willing to work with them rather swiftly.

It’s well known that most people who’re involved in a car club have at the very least one possibly much more incredible cars that are gorgeous, or nicely on the method to becoming gorgeous. If you are looking to purchase and sell cars this can be an essential location to make some excellent connections. Similarly if you are involved in an auto repair business, or even a body shop this is once again an excellent location to create some highly useful enterprise connections. People are much more likely to work with someone whom they know on a personal level which can make your time really valuable.

Still other people join car clubs simply because they love the thrill of the car. There is certainly simply nothing far better than being surrounded by powerful machines that are gorgeous and effectively kept and maintained. A restored car is an unique treat that not everyone enjoys. Those that do enjoy the treat are frequently tough pressed trying to locate various cars that they can view. A car club takes away part of the hassle and permits you to swiftly and effortlessly locate many gorgeous cars and since most members take their special car to the meetings you’ve ample opportunities to look at how gorgeous an old banged up car can truly be with some work.

Regardless of the reason you are looking for a car club there’s no reason to justify it to yourself. If you’re considering cars, or just enjoy looking at them there’s nearly always an excellent car club that you are able to join. Numerous car clubs do not even require you to own a car, although you’ll find some which are model specific and require you to own a specific model of car in order to have your membership approved. Look around, you are going to locate hundreds of incredible people, thousands of fabulous cars and also the opportunity to be at the center of it all with a fantastic car club membership. Never before has the idea of becoming around so many extraordinary cars been such a reality.

About the Author

This article is courtesy of Auto District, automotive classifieds featuring trucks for sale, including used cars.

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Ebay Newbie eBay. Are they the Best Option for Collector Cars?

May 21, 2011 By mwcolrjy Leave a Comment

Article by Dave Sherva

The StatisticsMost searched for term on eBay: Xbox 360Most Watched Item: One Owner 1942 Vintage Martin D-45 Guitar Hmm. No collector cars here!

Most Popular Make and Model Listed1969 Chevrolet Z-28 Camaro. Low Retail ,100Average Winning Bid: ,296. A staggering ,804 off a low market price.

Top Auction:1968 Shelby : Shelby GT500 Matching #sAuction ID: 4611842807 – Winning bid 8,000

Auction Results From February 9 to February 22 20061,000 Collectible Automobile Auction listings were examined280 Sellers appeared to be dealers4,944 Bids Were Placed120 Cars Had 0 Bids263 Cars Reached the Reserve Price (Successful Sale) estimated gross ,911,000738 Cars Did Not Reach Reserve (No Sale) estimated gross ,400,000Volume of Non Winning Bids ,900,000Average Winning Bid: ,296Successful Sales ,911,000

*Estimated eBay Revenue ,000 (based on current eBay insertion fees),000 from Auctions reaching the Reserve Price,000 from Auctions not reaching the Reserve Price (No Sale)Estimated Fees Collected: ,000

The eBay Money MachineKeeping the above statistics in mind, the emergence of new online auction sites has been a bit slow partially because of the tremendous marketing power of a multi-billion dollar behemoth that rivals Wal-Mart in the marketplace. Most have gone the way of the Mom and Pop stores. One of the biggest challenges faced by alternatives to eBay is attracting sellers who are willing to give them a shot. You need listings to attract bidders and you need traffic to attract sellers. It’s the whole chicken and the egg story.

Challenges with eBay.The good news is millions of buyers and sellers meet online every month to look for bargains, rare and unique items and yes even collector cars. The bad news, fake cashiers checks, stolen cars, fraudulent emails and more. As you can see from the stats we gathered many individuals spent .00, answered a lot of questions, sent a lot of pictures and unfortunately the car still sits in the garage. Are there other options?

The Route 66 AuctionThe Route 66 Auction an emerging online auction site that touts “No Dolls, No Knick Knacks…just everything automotive”. You can place your vehicle online for .95 and they will relist it until it sells at no additional charge. They also have a marketing program that will place your vehicle in an online auction and then advertise it in car classifieds sites like Hemmings, Old Car Trader and Collector Car Trader Online. The owner of The Route 66 Auction, Shane Corliss has chosen more of a grass roots ad campaign-Car Clubs, make and model specific websites, discussion board postings and every link exchange he can get their hands on. Adoption is slow but steady. You might want to show them your support by registering at http://www.theroute66auction.com.

Cal CruisingWith over 12,000 members nationwide, CalCruising is one of the largest online auction sites for Classic and Muscle Cars. In addition to auctions, they are a full service transportation super-site with many site features including, Auto-Dispatch, Auto Directory, Dealer Programs, Muscle Car Directory, and much more. CalCruising Members can post auctions for free in our Member area or for post their vehicles in featured auctions and be seen by thousands of collectors and enthusiasts. Already members have run over 5,500 auctions and placed over 26,000 bids. As far as presentation CalCruising needs a huge face lift but their results speak for themselves. Your can check them out at http://www.calcruising.com.

Online auctions can be a great way to sell your collectible automobile. Explore your options and do not become discouraged. A collectible automobiles is sold every day. The keys are persistence and effective targeted marketing.

About the Author

Start making money now with Ebay!I’ve included everything you need to startmaking a profit tonight. Make 2010 your yearto shine. Act Now while it’s still FREE! Free Ebay Profit Pack

Optional 5.4 Liter (All Alum. Block) Supercharged & Intercooled V8, Optional 5 Speed (Liberty) Manual Transmission, Quick Fill 9in Rear Housing w/ 4.30 Gear Ratio, Bucket Seats w/ Cobra Jet Embroidery & 5 Point Harness, Liberty V Gated Shifter, P. Windows, Push Button Start, Whipple Twin Screw Supercharger, Ford Racing Tach & Gauges w/ Shift Light, Light Weight Racing 4 Wheel Disc Brakes w/ Line Lock, Driveshaft Loop, 3 Link Rear Suspension, Adjustable Shocks, Fuel Sampling Port, Fiberglass Cowl Hood w/ Hood Pins, Cobra Jet Cold Air Kit, Ceramic Coated Long Tube Headers, 8.50 ET NHRA Certified Roll Cage, Launch Control, Battery Shut Off, Fuel Cell, Window Net, 10in Billet Clutch, Weld Cobra Jet Racing Wheels w/ Hoosier Drag Slicks, The Limited Run of 50 Cobra Jets Sold in Less Than 2 Weeks! #22 of Only 50 Cobra Jets Produced in 2010, Brand New Out of the Pkg. Collector Car w/ All Paperwork & Books, Ford Racing Ready-to-Race Bad Boy Pony Car!!

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Sports Cars Parade – New Sports Cars

May 21, 2011 By mwcolrjy Leave a Comment

Article by M.S.Benz

This year offers several new sports car designs – from exterior body parts to more defined interiors. One of the most sought after sports car to date is the efficient Saturn Ion – its enviable rust and dent proof body and added horsepower. With its extra size, it has the combination of the Quad Coupe and 2003 Sedan, restyled with smart modernism and small back entrance doors. The four-speed transmission was replaced by a five-speed automatic transmission. The price could vary from ,000 to less than ,000 per car.

Mazda MX-5 Miata:

Next in line is the Mazda MX-5 Miata, which was introduced at ,000 as the manufacturer’s suggested retail price. It is reasonably priced, with a system built for key free entry, air conditioning, two seats, and a steering wheel wrapped in leather.

Mazda MX-5 Miata has a six speed manual transmission, leather seats and optional sport suspension with 2.0-liter dual overhead cam and four-cylinder engine. The space provided in the trunk is 5.3 cubic feet. However, the lowered body and back tires are not devised for use during muddy or snowy seasons.

Ford Mustang:

Here comes another American accomplishment legend – the Ford Mustang with its multi-valve overhead cam, which generates 300 horsepower. This retro inspired modern car is more rapid and more responsive than it has ever been. Available for about ,000, it is well furnished in both convertible and coupe designs.

Fanatics can choose between automatic and manual transmission engines. Tires are trendier at 18 inches. Since Ford Mustang has been introduced in 1964, the name Ford Mustang has competed with Firebird, Camaro, Barracuda, etc for more than 40 years, and is standing by its name.

Cadillac XLR:

For those who are looking for striking and lavish sky-scraping performance sports car, the Cadillac XLR is a better choice. The approach is over-sensitive, sophisticated, dominant and unique with attractive interiors and a hardtop convertible that can go in and out in just thirty seconds. Cadillac XLR offers a resolute hold and superior handling in a fiery 320 horsepower engine.

Cadillac XLR is even faster than Jaguar XK8, Mercedes SL500, and Lexus SC430 is a silent machine whether the convertible’s up or down. These are just a few of the most infamous sports car this year.

Passionate drivers and collectors are just starting to do their own research and before long, these cars will either be sought for collectibles or for private use… It is true that these sports cars are toys for the “big boys”.

About the Author

Get more sport car and sport car insurance policies from international insurance web world. Visit for sports car tips

Check out these video highlights of our upcoming collector car auction held April 4, 2011. Stop by our open house on Sunday, April 3 to see the cars in person before the auction. HIghlights include: ’66 Pontiac GTO, numbers matching w/ tri power; ’65 Pontiac GTO conv., professionally built tribute car, outstanding; ’61 Chevy Impala, bubble top, bright red, new red/white interior, very nice; ’67 Chevy Chevelle, true SS big block car, fresh rotisserie restoration that would suit anyone!; ’94 Ford Mustang GT conv., 5.0 HO V8 engine, Kenny Brown Performance Edition, adult driven 39k miles, showroom condition; ’72 Chevy Cheyenne 4×4, beautifully restored and many more cars, motorcycles and signs!

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Affluent Page Presents: RM Auction House Premieres Collector Cars Expected to Fetch up to $1 Million

May 21, 2011 By mwcolrjy Leave a Comment

Article by Page Magazine

RM auction house is presenting their annual Automobiles of Arizona, two day auction at the Arizona Biltmore Resort & Spa, January 20-21, 2011.

They will be auctioning a diverse selection of 160 automobiles, including a classic 1973 Ferrari 365 GTB/ 4 Dayton Spyder, offered by Baseball Hall of Famer, Mr. Reggie Jackson, estimated price: 0,000-,100,00. This rare Daytona Spyder boasts an impressive celebrity provenance and ownership with famous motorcycle daredevil, Evel Knievel, and well-known New York and Los Angeles DJ, Frankie Crocker, listed as previous owners.

Another exclusive car is the majestic 1929 Duesenberg model J Dual Cowl Paeton, driven by Elvis Presley in the movie Spinout, estimated price: 0,000-,200,000.

Car collectors of every suit will find authentic cars ranging from sports to classics, the best of American and European classics, to Detroit muscle and a series of wild customs and show cars. Also showing is the impressive series of automobiles from the private estate of noted Chicago collector, Bill Jacobs Jr.

RM’s 2011 Arizona auction embarks with the exclusive ‘The British Are Back’ on January 20th. Entries include a 1921 Rolls-Royce 40/50HP Silver Ghost Phaeton, estimate 0,000 – 5,000; a 1932 Rolls-Royce Phantom II Newmarket Sport Phaeton estimate 0,000 – 0,000; and a 1958 Aston Martin DB2 Mark III estimate 0,000 – 0,000.

It will be all about the Ferraris the following day, including a stunning fully certified 1966 Ferrari Superfast Series I, estimated 0,000-,100,000; a fully-restored 1950 Ferrari 166 Inter Berlinetta, estimated 0,000 – 0,000; and a well-known 1995 Ferrari F50 Show Car, estimated 0,000 – 0,000, the very first F50 built.

“Our Arizona sale is a mainstay of our annual events calendar and highly-anticipated by our global clientele, providing a great start to the new collector car auction season each year,” says Rob Myers, Chairman and Founder, RM Auctions. “2010 has been a positive year for the automotive auction business, and with a diverse series of high-caliber motor cars already signed to January’s sale, we look forward to continuing the momentum in 2011.”

RM Auctions is the world’s largest collector car auction house, makes an exciting return to Phoenix in January, presenting one of the most diverse offerings of motor cars ever featured in the event’s 12 year history.

About the Author

Affluent Page Magazine is the author of this article on Auction. Find more information about 25 Carat Diamond here.

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Find Classic Cars for Sale Online

May 21, 2011 By mwcolrjy Leave a Comment

Article by John Marker

Classic cars are always sought after by collectors and enthusiasts alike. Some people like to find as many classic cars as they can find, and as many as they can afford. Others simply like to have that one classic car that they always dreamed about having. Either way, classic cars are always important, but can be hard to find for those who are picky about what car they buy. Classic cars are available for purchase online, and are for sale online. If you know where to look, and how to look, you can find the best classic cars for sale online.

Find Specialty Websites

There are websites out there that specialize in classic cars. These specialty websites may not be sought after as the place to find classic cars for sale at first, but often have connections to those sites. You can figure out exactly what websites are best for finding the classic cars that you want to purchase. By looking at a reliable source for the classic cars for sale, you can know that you have found a respectable source for purchasing a car.

Past that, however, you can find websites geared toward selling classic cars. While these websites may not be linked to specialty websites, you can still see exactly what is out there, and understand all of the different options that you have.

Find Auction Websites

Auction websites have become one of the greatest ways to find the classic cars that you want to purchase. Online auction sites give everyone the ability to list their classic cars. These websites also give everyone the ability to bid on classic cars from around the world. Technology has allowed those who are into classic cars to expand their search to nearly everywhere, and from anyone.

Use Classifieds

At the end of the day, however, usual classifieds are the way to go when trying to find classic cars for sale. You want to know what cars are available, but you also want to know what cars are available in your area specifically. The best way to understand exactly what cars are available in your area is to check out the classifieds for your area. Luckily, these classified are available online, so you can find all of the local classifieds for classic cars. A lot of people tend to forget that the usual materials have all gone online; it is possible to check newspaper classifieds online, and you can read them just as they would read on paper.

About the Author

John Marker offers advice and great tips regarding all aspects concerning buying a used car online using free car classifieds.

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Finding Classic Muscle Cars For Sale Easy

May 21, 2011 By mwcolrjy Leave a Comment

Article by Rodney Talley

People from all walks of life have a love for Classic Muscle Cars. Some do it as a hobby, while others make a career out of their passion.Even though certain people will never care to find classic muscle cars for sale. They are just happy to see them in shows.We can’t forget about the other type of person in the middle, the ones who do seek out classic muscle cars for sale, and have had a few of them, but still enjoy other pastimes as well. At the top of the heap, there’s the aficionado. The guy who is in love with classic muscle cars, he collects them, he works on them and he drives them and probably has some classic muscle cars for sale.There are also the ones who are as passionate about their classic muscle cars as they are with life. They have always owned them, and may have a few classic muscle cars for sale at any time.These extremely passionate types love to find deals on classic muscle cars for sale, but at the same time will pay almost any price if they find a muscle car they fall in love with.The professional collector will find classic muscle cars from all kinds of sources from auctions, dealers, and private sales. But, because money and costs speak volumes and a good deal gives him bragging rights, this man will also readily avail himself of the ability to search for classic muscle cars for sale online.|Since everyone likes to brag about a good deal, the web has become the most popular place to find classic muscle cars for sale. The internet has brought amazing opportunities to the serious collector. You can now find the best deals on classic muscle cars for sale nationwide with just a few mouse clicks.}Many collectors have contacts, but lots of people do not, the net levels the playing field.There are various sources for finding these muscle cars besides the net. Newspapers, local old car traders, and dealers.Since collecting cars is a costly hobby or passion, the car people are very particular about the cars they buy and the cars they set their sights on; they don’t want to make a mistake and find the twin of their recent purchase cheaper somewhere else.If you pay a little too much it’s not so bad, but you want to make sure that you don’t over pay.This is where the internet comes in. Being able to see 10 or more of the same classic muscle car for sale you are looking for, means you will probably be able to pick out a winner.To learn more, this is a good resource. Oldcarscheap.com has a very extensive listing of classic muscle cars for sale.These links may also be usefulThe Selection of ’69 Camaros For SaleWhere to find a 1969 Camaro for SaleLots of 1969 Camaros out there

About the Author

Rodney Talley writes regularly about autos related topics. I hope you enjoy this article.

These cars have been beautifully restored. I would love to light up the Chargers or Boss Mustangs tires once. The owner of these cars has been at it for 55 years.

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Cheap Classic Cars for Sale

May 21, 2011 By mwcolrjy Leave a Comment

Article by Elena Fysh

The cheap old classics have always been the cynosure of eyes while in any type of a car show events. The automotive industry has grown almost 10 times than what it was around a century back, even after 100 years of car inception people are craving for older antique models. The classical cars dates back to 1902 to 1970s when there was hardly any demand for car, the Ford started with all the car revolution with invention of different models and types that attracted people into buying their cars. The automotives has brief history that allows us to touch base of the deeper automotive facts and figures. The muscle cars era started in 1960s and since then various categories of cars were made serving different purposes.

The online automotive portals allows us to catch a glimpse of older cars that includes models like the Dodge Charger, Mopar Muscle cars, Plymouth Barracudas, Desotos, Ford Model T, Ford Model A, classic Lincoln cars, continental cars, Chrysler airflow and various other models. The online automotive portals allows for easy transactions for the sales and purchase of antique olden cars including cheap classic cars for sale and other antique super cars that people vouched for always and will be. No collection of classical car would be complete if it is listed without a picture, the vintage Volkswagen, campers, pickup trucks, beetles, VW bus are seriously a classical piece of arts that are must see.

The older collectors have always had a bird eye view of a bigger picture that we can see today as the older classical antiques are being sold for millions of dollars. The best-traded cars up to now are the classical Kissel Gold Bug, Auburn 851, Classical Packard, Speedster and Studebaker. The other significant models include the Bentley, Rolls Royce, Duesenberb automobiles. Trading in cheap classic cars for sale had never been such an easy job with all facilities available online. Perhaps, now it’s the time you let go off your new car craze, people are splurging more to buy their dream antique cars. Some of the most demanded old cars models include 1951 chevy, 1954 Ford Skyliner. Some project cars include cars like 1970 Monte Carlo, 70 Pontiac Firebird, 1970 Mustang, 70 Mustang body. some of the classical models include 1980 Trans Am, 1980 Camaro Z28, 1981 Trans AM, 81 Pontiac Trans AM, 1981 Pontiac Firebird and widely popular 1929 Mercedes Benz Gazelle.

For more info, please visit here Cheap Classic Cars for Sale and Second Hand Cars Used Car Dealers or Used commercial trucks

About the Author

Elena Fysh, a graduate from Boston University. Elena is a fulltime author and internet marketer living in Horseheads.

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Find Collectors Car Insurance

May 21, 2011 By mwcolrjy Leave a Comment

Article by Jeremiah William

Collectibe cars can serve as a wondrous treasure, but also as a good investment. As with any investment, an adequate protection in the form of collector car insurance is necessary. Since the repair and replacemnt of a collectible car can be cost prohibitive, a collector car insurance policy will financially save you in the event you fall victim to theft, an accident or damage.Collector car insurance is a specific and specialized form of insurance that is quite different from your regular vehicle insurance policy. As such an insurance carrier has certain provisions that must be met prior to issuing a policy. The most important requirements are the drivers age and qualifications, the age of the car, and mileage limitations. Additionally, an insurer will insist the vehicle be secured in a garage when it is not in use.In most cases, the insurer will not permit more than 5,000 miles per year, although some companies may offer an excess mileage addendum. The mileage driven is limited to car, hobby, and show activities for the most part; collector car insurance policies do not permit driving the insured vehicle for commuting or commercial activities.Another restriction on collector car insurance is the age of the car. The majority of companies require the car to be at least 15 years old. A few insurers define a collectible car as being more than 25 years old and in rare circumstances as much as 35 years. In order to qualify for collector car insurance, a driver must meet certain qualifications as well. A large majority of companies set a minimum driver age at 25 with minimum driving experience of 9 years or more.Once you meet the stipulations for your collector car insurance, you and the insurers agent will negotiate the car’s agreed upon value. Unlike a regular car which has its value set by automobile industry standard practices such as a blue book value or fair market value, you are permitted to determine the value of the car at the time of the writing of the policy. Whatever amount you and the agent agree to is the amount that will be paid to you in the event the car is a total loss due to an accident or theft.Selecting a well qualified insurance company for your collector car insurance is a necessity to protect your investment. However, choosing a company that specializes in collector car insurance will give you the best coverage and maximum benefitFind Collectors Car Insurance, Collectible Auto Insurance, womens car insurance, Get your free auto insurance San Diego Insurance Quote.Related SitesFind Collectors Car Insurance, Collectible Auto Insurance, womens car insurance,

About the Author

Jeremiah William writes regularly about autos related topics. I hope you enjoy this article.

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