Everything You Need To Know About the Classic Car Insurance You and your vehicle must meet certain standards in order to purchase antique and classic car insurance. A very important standard is basically that you have a very good driving history. Probably 1 or 2 minor violation may be allowed in order for one to qualify. Once upon a time, a car must be twenty-five years or older to become qualified for classic car insurance. Since antique car collecting is now widely used, cars which might be at least 25 years or so old are viewed vintage, but cars that 15 years or older are actually considered for vintage insurance. However, cars which can be even newer than many years are accepted once they are viewed rare. It is best to check with the insurer to find out if your vehicle qualifies. Collector cars could be a massive investment, instead of everybody can spend the money for specialist automobile insurance that needs to be purchased for chaucer classic car insurance full and proper coverage. You will be searching for a customized policy that covers every facets of your automobile such as valuable parts that you have probably purchased to revive your collector car to mint shape. A standard insurance policy will value an automobile thats been totaled by actual cash value (ACV). This method calculates for depreciation. Normal cars depreciate rapidly making ACV sensible. Agreed value insurance policies are appropriate and regularly utilized in a vintage car policy. This is where the company and policyholder acknowledge value of the automobile and insurance limits are set accordingly. Periodic adjustments of the agreed amount will take under consideration increasing values. The current worth of the auto enables you to determine the rates of the classic vehicle insurance which will require an appraisal. Some insurance companies may chose to use the original expense of the automobile though to utilize this approach to determine the insurance costs youll need documentation while using original price. •Discounts: Ask in regards to the discounts offered before you sign up, and discover what one youre qualified to apply for. Many insurance firms offer reductions for installing air bags and anti-theft systems, for getting good grades, when deciding to take a defensive drivers credit, or even for signing up with them. Make sure you select a company that offers you good discounts.