| Classic collector auto insurance is what's referred | | | | insurance provisions, daily driving, commuting to |
| to as nonstandard car insurance, which includes | | | | work, and commercial use of a classic auto is not. |
| specialty car insurance for the classic car collector | | | | Limitations on a modified car are similar. |
| or owner of a modified car. | | | | A Boon To The Car Collector |
| Classic collector and modified car insurance is very | | | | Also an important difference in classic car |
| much like standard insurance but with significant | | | | insurance is the means of determining the value |
| differences regarding use of the vehicle and the | | | | of the classic car. In most states, Massachusetts, |
| method of determining value. Although there are | | | | Texas, and Virginia the exceptions, the insured |
| criteria for the classic collector--often a minimum | | | | value of the classic car is an 'Agreed Value'. |
| age of 25, 10 years driving experience, and a | | | | Unlike the case of standard insurance where the |
| good driving record--insurance on a modified car | | | | provider determines the value of the vehicle, |
| or on classic cars depends a great deal on the car. | | | | specialty insurers agree with the owner on the |
| There Are Limitations | | | | value up front and are bound to that amount in |
| A classic auto is usually defined by age, 15 years | | | | the event of total loss to the classic car. |
| the usual minimum. In some states, | | | | Because of the criteria on the owner, the use and |
| Massachusetts, for example, the age of a classic | | | | storage limitations on the classic car or modified |
| car must be at least 25 years. Most insurers | | | | car, and the predetermined valuation of the |
| further require that the components of the classic | | | | vehicle, specialty insurers can offer insurance |
| car are original or restored to original, that the | | | | rates on a classic auto or modified car that are |
| classic be stored in a garage, and that the owner | | | | often better than on policies for vehicles covered |
| maintains a daily-use vehicle for everyday use. | | | | under standard car insurance, a real boon to |
| While limited pleasure driving and club or hobby | | | | those who have a car collection. |
| activities are acceptable under classic car | | | | |