Various types of vehicles qualify for classic car insurance. It doesn’t have to be a car to qualify. As long as the vehicle is special in some way, usually through modifications, you can get a classic car insurance policy to protect your investment in Oak Ridge, NC. Oak Ridge Insurance Services can help you find a classic car policy that fits your needs.
Not Just Classic or Antique Cars
The insured vehicle cannot be used for daily transportation to qualify for classic car insurance. However, you can still drive it to places like an outdoor car show, but most policies will limit the annual mileage. This restriction often makes classic car insurance premiums less expensive than regular auto insurance because the insurer anticipates less risk of an accident.
The traditional definition of a classic car is one that is at least 20 years old. The most common definition of an antique car is one that is at least 45 years old. Other vehicles that qualify for a classic car insurance policy include:
- Hot rods
- Muscle cars
- Trucks
- Classic motorcycles
- Exotic and luxury vehicles
- Antique tractors
- Vintage military vehicles
Essentially, any vehicle with a high level of modifications will qualify for a classic car insurance policy.
What Your Specialized Policy Can Offer
You may need to provide proof to an insurance company that you have proper storage for the vehicle in question before they issue a policy. Classic car insurance protects your investment when you work on restoring the vehicle. Some policies also cover tools and accessories you add to the vehicle.
Fully protect your classic or antique vehicle in Oak Ridge, NC, with a suitable insurance policy from Oak Ridge Insurance Services. Contact our office today to learn more about your options.
