joe america asked:
im planning on getting a 1984 corvette but the insurance for it is a little too high.i just found out about classic car insurance but i really don’t know much about it.but for classic car insurance,am i limited to a certain number of things like how far i can drive my car,when i can drive,etc?will the insurance actually be less or more for classic car insurance?and what is the best classic car insurance company i should go with?
As the Corvette of 1984 is not a real classic or collectible special insurance isn’t necessary.
I was thanking the same thing
I think classic car insurance is more limited then regular car insurance. But I’m pretty sure that it is a lot cheaper too, so you should definitely contact some insurance places and see if their plans would suite you. Hagerty seems to be one of the most popular collector car insurance companies. I just went to the Hagerty website and it gave me a quote of $236/year for a 1984 Corvette. But I said that I live in MN and am 46 years old, so it might be different for you. I’d check them out for sure because it says you can go on ‘occasional’ leisure drives too.
I would go with the Classic Car Insurance because other wise you might not get as much as you want for your car if it is ever totaled or stolen. I know some classic car insurance is stated amount & regular insurance is ACV (Actual Cash Value)