Yes, if you have classic car insurance, you can usually add optional coverage for the duration of your restoration project. The additional coverage is specifically designed to insure a project car that is being actively restored and is generally not available through standard car insurance. To insure your restoration vehicle or project vehicle, you need to get a classic car insurance policy and add optional restoration coverage. As with any car insurance policy, you can lower your previous car insurance premium by increasing your deductible, reducing coverage limits, or even eliminating some optional coverages, such as comprehensive and collision coverage.
Request a classic car insurance quote today and enjoy the peace of mind offered by these specialized policy features. Keep in mind that insurance quotes in a broad format were not easily available and that minimum coverage quotes were used instead, as insurance quotes were found for a single driver. No, but you'll need to maintain an insurance policy for your regular-use vehicle in addition to your classic car insurance policy. Car insurance for a 10-year-old car, or a car of any age, that you drive every day works just like for any other car, with the added advantage that it can be cheaper than for a new model.
To qualify for classic car insurance, you'll need to meet the insurer's requirements, which may or may not take into account the age of the car. The comprehensive form may appeal to people who want to pay as little as possible for car insurance and only need to cover their own liability and not that of any family member. If your car doesn't qualify for classic car insurance, a standard car insurance policy may be a better option for you. Hagerty's mission is to keep your old car ready to hit the road, whether you're going to a car show or just going for a ride on the weekend.
One of the major differences between classic and regular car insurance is that a regular policy can cover you only for the actual cash value of your classic car. Comprehensive car insurance isn't the best option for everyone, especially if you have a new vehicle or are constantly driving with family members or other passengers. However, if you have a classic car and meet certain requirements (such as driving it only from time to time), you might consider classic car insurance instead. This information is not an insurance policy, does not refer to any specific insurance policy, and does not modify any provision, limitation, or exclusion that is expressly stated in any insurance policy.