Sunday, August 15, 2010

Classic Car Insurance is Needed For These Special Cars

If you've recently purchased a brand new classic Camaro or a new muscle car, then make sure to find the appropriate classic car insurance. These are the kinds of car that you don't want just anything on, because it needs to be protected from the unexpected. These are the kinds of cars that you like to show off, which means some people like to attend car shows and drive around showing off to their family and friends. This is why you need an insurance agency that understands the car's special needs - something affordable but also relates to the car.

There are several things to consider before you purchase a classic car insurance policy. You need to know the expectations you have for the car, as is it something you drive around year-round or will it be a showy car that will only come out during a warm summer evening. You will need to know how many miles you plan to put on the vehicle, because if you keep it under a certain amount, you could qualify for special insurance rates. The other thing you need to know is the overall appraised value of the car. An agency won't know the value of it like a newer car, which is why appraisal is needed. The suggestion is to take pictures of the inside and out, and make note of any modifications.

Pros:
* Know the appraisal of classic car.
* Know how many miles you plan on adding in a year.
* You qualify for a special insurance rate.

Cons:
* The car hasn't been appraised.
* You didn't realize you qualified for special rates.

If you have a dream Camaro setting in your garage, make sure it has classic car insurance on it so you can show it off.

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