0
Insuring a classic or antique car in Ohio may be expensive if the wrong provider is chosen. Many insurance companies are not familiar with classic automobiles. Some providers do not have special programs for vehicles that have an extremely high market value and yet are rarely driven. Before choosing an auto insurance policy to cover an antique or classic auto, do some research and ask the agent some specific questions.
Restrictions On Classic Car InsuranceOften an insurance company will not insure a classic vehicle unless the owner is carrying a policy that covers another car, one that is driven on a daily basis. The antique or classic vehicle may have to be a certain age or older. The classic car may not be driven more than about 2,500 miles per year.
Many insurance providers in Ohio may not wish to cover the antique car with a standard policy. The company might want to know if the car is driven only to and from antique shows and other special events. The coverage may or may not cover damages sustained by other parties if the incident occurs at a trade show or other location where the car is being driven on display. The antique car probably will not be covered if it is used for any type of commercial purpose.
Coverage That My Be RequiredIt is important to ask the insurance company or agent if the car will be covered regardless of which mechanic performs maintenance or repair work. This is vital to securing a policy for classic automobiles. Many of the traditional repair shops will not be able to properly maintain or repair an antique. The policy should also cover the vehicle while any type of restoration work is being performed. The insurance will have to cover the vehicle while it is in transport across the country, because many auto shippers will not cover a classic car during a long trip aboard a specialty trailer.
Classic car owners in Ohio should also ask about flexible premiums based on the actual miles driven per month or year. If the car spends most of its time in a garage, a full liability policy may be too expensive. It might be much more practical to consider a temporary policy whenever the car is being transported, with a simple comprehensive coverage plan in force the remainder of the year. This will cover the vehicle in case of fire or water damage.
Wiki User
∙ 12y ago
Add your answer:
Earn +20 pts
Are classic car classifieds reliable sources for purchasing classic vehicles?
Yes, classic car classifieds are reliable sources for purchasing classic vehicles. They have many options for what you can have, and have good prices on them.
Which insurance companies will cover a classic car?
Geico, AMIG, 21st Century, The Hartford and Hagerty are some of the insurance companies that will insure classic cars. Classic car insurance is handled differently than regular car insurance, so one needs to make sure they fully understand the coverage and limitations before purchasing.
What coverage is provided when purchasing standard car insurance?
Coverage that is provided when purchasing standard car insurance are liability coverage and the legal right to drive. There are two liability coverages: bodily injury and property damage liability.
Does Ohio have a buyers remorse law when purchasing a new car?
No, there is no buyer's remorse law in Ohio about car purchasing. Once you sign a contract you are committed to the purchase and unless the dealer lets you out, you are committed.
How is classic car insurance classic?
Classic car insurance differs from traditional car insurance in that traditional auto insurance is based on a vehicle's depreciating value. Classic cars tend to increase in value over time and classic car insurance takes this factor into account. Classic car insurance provides coverage amounts based on the amount an owner has invested into a collectible car. Not all older cars will qualify to be covered using classic car insurance and coverage can very greatly between insurance companies.
Do all car insurance companies offer vintage car insurance?
Progressive does offer car insurance coverage for classic automobiles. Other companies may or may not offer the coverage depending on their available policies and coverage.
What is the web address of the Canton Classic Car Museum in Canton Ohio?
The web address of the Canton Classic Car Museum is: http://www.cantonclassiccar.org
what is meant by Ohio car insurance ?
Ohio Car Insurance means having car insurance in the state of Ohio. Coverage is offered by a number of different companies including Geico, Nationwide, All State, and Progressive.
Is a car that is 25 years old considers classic car?
In Ohio it is. In AR & MO it is In MS, at 20 it's "Classic", at 25 it's "Antique".
How do you find classic car insurance online?
Most car insurance companies will offer Classic Car Insurance. For a company that specifically offers this type of insurance one could try Heacock Classic Insurance which offers coverage for both antique and classic cars.
Does Texas have a classic car insurance policy?
No, the coverage not specific to a classic car but you can insure it. Texas does not have property taxes so you will pay more for other things like insurance.
If you have full coverage insurance in Ohio will it cover any car you drive?
Usually it does, you would have to check to see if you have a broad coverage policy or not.
