What is collector car insurance?

Great question.

Collector car insurance is a type of insurance that applies to car that are antiques, specialty in some way, often older and high performance cars. This type of car insurance has been on the market for about fifty years, but even with that length of time it is still not as widely spread as it should be. In fact, the majority of drivers who own collector cars are insured with a regular car insurance company instead of with the insurance companies that specialize in collectible and high performance vehicles. And then there is also a significant number of drivers in this group who are self insured.

However, getting your collector car insurance through a company that specializes with those types of cars is much cheaper in the long run. The reason for this is because the insurance from a regular company can often cost five times as much as it would from a collector company, and the policies from a regular company don’t really fit the use typical of a collector car, and often don’t provide for the care and coverage that it needs.

Cheers,

Fashun Guadarrama.