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Saturday, July 11, 2009

Antique Car Insurance: Protect The Investment

By Margaret Nufflemeyer

Many antique car owners invest countless hours and dollars into restoring and maintaining their cherished car. For most, this is an investment that needs security. Antique car insurance provides these owners with the peace of mind they need. If you too are interested in antique car insurance then take the time to understand the details of potential policies.

Getting Your Antique Car Insured

Before you sign up for new car insurance, take the necessary time to assess the reputation of the various agencies. Not all insurance agencies are created equal and you can learn a lot about a company by the experiences of other customers. Try checking out websites that have information on various agencies or ask around. There might be antique care groups in your area that have a wealth of knowledge available.

Each company will have different restrictions on their antique car insurance policies. Some policies aren't for everyone. It is good to know the history of your car and be aware that the types of replacement parts might affect your eligibility.

Does your antique car have new carpet or upholstery? Is all of the glass original? These are the sort of questions you will need to know the answers to. Most antique car insurance companies have restrictions on the number of replacement parts that are not original. If your car has many new parts then you might not be eligible for some policies.

A further consideration is that many antique car insurance companies put restrictions on how you drive and store you car. Many require you store it in a protected garage where it is safe from the elements. You may even have driving restrictions. For instance, some companies might give you a mileage quota or restrict the type of driving you do.

In addition, many antique car insurance companies will expect you to have your car appraised and photographed for their records. They might also demand that any driver be at least 25 years old and have a clean record.

With so many constraints, finding the right antique car insurance policy can seem like a daunting task. Fortunately there are many different companies out there and several of them will likely provide the right service for you. Remember to research the policies before you purchase because you don't want to get stuck with a policy that won't work for you. - 21392

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