Comparing Classic Car Insurance
If you think it is confusing when you compare car insurance for regular, late model cars, try comparing classic car insurance quotes! You have to be careful of many things about classic cars.
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For instance, do you know the difference between agreed value and stated value classic car insurance. With agreed value, you and the insurance company agree on the value, and that value is bound into the policy. With stated value, you tell them how much you think it is worth, and they write it into the policy, but it does not bind the adjuster to agree with you when it comes time to settle a major claim!
For another thing, consider how you use your collectible car. Many vintage car policies do not cover daily use and have a set mileage limit which further restricts how you can use your car. Some policies do not even allow pleasure driving, but only allow you to take your beauty out for a spin when you are going to and from a car show!