Is there a difference, from an insurance perspective, when it comes to insuring a car that may be a vintage car, a classic car, an antique car, or a collectible car?<\/p>\n
A collectible car is one that has value beyond ordinary use. This extra value may come from its age, historical significance, modifications, rarity, and its exceptional "pristine" condition. <\/p>\n
A collectible car may also be a vintage car or an antique car (usually 25 years or more old), but it does not have to be old to be collectible. A brand new, special edition car with an extremely high price can be a collectible car, such as a million-dollar sports car.<\/p>\n
Hot Tip: If you have questions about classic car insurance and how to get insurance for a collectible car, you can reach out to us at Advantage Service Insurance, serving Erie, CO and surrounding areas, to get them answered.<\/p>\n
Most insurance for collectible cars is based on the appraised value. You will have to get an appraisal, which is from a source that is satisfactory to the insurance underwriter. This appraisal should be reviewed regularly if the value of your vehicle changes.<\/p>\n
You and the insurance company will agree on the insured value up front before the policy is issued.<\/p>\n
There may be restrictions on your use of a collectible car, including when it can be driven, mileage restrictions, how it must be maintained, restored, or preserved, and that it must be stored in a secure, locked facility.<\/p>\n
You may only be able to drive your collectible car to shows, events, and for pleasure on occasional weekend use in order to keep its status as a valuable collectible car.<\/p>\n
Contact us at Advantage Service Insurance, serving the Erie, CO area, to get a quote on collectible and classic car insurance.<\/p>\n","protected":false},"excerpt":{"rendered":"
Is there a difference, from an insurance perspective, when it comes to insuring a car that may be a vintage car, a classic car, an antique car, or a collectible car? What Does "Collectible" Mean? A collectible car is one that has value beyond ordinary use. This extra value may come from its age, historical […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[6,13,25,24,21],"class_list":["post-162","post","type-post","status-publish","format-standard","hentry","category-insurance","tag-advantage-service-insurance","tag-classic-car","tag-co","tag-erie","tag-insurance"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.advantageserviceinsurance.com\/blog\/wp-json\/wp\/v2\/posts\/162","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.advantageserviceinsurance.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.advantageserviceinsurance.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.advantageserviceinsurance.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.advantageserviceinsurance.com\/blog\/wp-json\/wp\/v2\/comments?post=162"}],"version-history":[{"count":1,"href":"https:\/\/www.advantageserviceinsurance.com\/blog\/wp-json\/wp\/v2\/posts\/162\/revisions"}],"predecessor-version":[{"id":163,"href":"https:\/\/www.advantageserviceinsurance.com\/blog\/wp-json\/wp\/v2\/posts\/162\/revisions\/163"}],"wp:attachment":[{"href":"https:\/\/www.advantageserviceinsurance.com\/blog\/wp-json\/wp\/v2\/media?parent=162"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.advantageserviceinsurance.com\/blog\/wp-json\/wp\/v2\/categories?post=162"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.advantageserviceinsurance.com\/blog\/wp-json\/wp\/v2\/tags?post=162"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}