Insurance for Antiques and Classic Cars There are people who collect classic cars, that may be an extremely expensive hobby. This is a hobby that needs to have adequate insurance on in the event something should happen to one or more of your respective Vintage cars. One of the first stuff that you should do is contact the insurance carrier and say to them you want to get yourself a classic auto insurance policy. If the insurance carrier does not carry a renters insurance policy, ask the insurance company to recommend a business that specializes in this type of insurance policy. This specialized insurer will assist you to determine just how much you need to adequately insure this sort of Vintage car. Your classic car may be valued at a lot more than you originally thought. Finding for your lowest auto insurance cost is no problem in relation to getting insurance for cars which may have historical values. While their costs could be low, there are often other restrictions and other extra expenses that need to be considered. As with regular car insurance, you may want to familiarize yourself with more to do with the variety of policies used and check for comparison of insurance quotes from several insurance agencies that handles classic car insurance. There will be mileage limits on classic cars, although, ensure expose your particular baby towards the elements and traffic anyway, I am sure your insurer agrees with your self on that. If you drive your car or truck to car shows in other cities, or drive for the grocery to grab a loaf of bread and bottle of milk, or perhaps if you only want to cruise using your town over a beautiful summer day your insurer will hoover compare prices best hoovers have to know that. So purchasing a classic is often a lottery and you might well end up with a lemon and regrets unless you follow certain basic guidelines when selecting your first older vehicle. The secret is choosing the right model to your requirements and budget, after which locating a vehicle thats been well looked after and it has been recently somebody elses pride and joy. 2. Ferrari 250 GTO (1962)Making the superior 2 of essentially the most valuable classic cars may be the Ferrari 250 GTO from 1962. The 250 GTO was uniquely made for the racetrack as well as the road. GTO may be the abbreviation for "Gran Turismo Omologato", which translates into English as "Grand Touring Homologated." The last known valuation on the vehicle was US $16.6 million, or GBP A�10.six million.