Last post on Dec 02, 2011 at 1:24 PM
You are in the Classic Cars
What is this discussion about?
Coupe, Convertible, Sedan
#521 of 560 Re: What exactly... [andre1969]
by MrShift@Edmunds HOST
Mar 20, 2006 (9:30 am)
sounds like geezer nonsense to me....
Sure, if you have a collection of cars, the insurance company gives you a break sometimes...
May 11, 2006 (3:27 pm)
Discount for buying in bulk?
#523 of 560 Re: [chevytruck_fan]
Jun 12, 2006 (6:40 am)
My personal experience was, that trying to use a 'Classic Car' as a 'Daily Driver' sounds like fun, until you've done it. Between the idiots on the road, and the wear and tear, plus the difficulty you can sometimes encounter in getting a repair part when you need it a.s.a.p., it becomes more of a headache, than a lot of fun. I enjoy my cars more now, since I don't drive them every day, then when I tried doing that with my first classic car.
#524 of 560 One of the problems...
Jun 15, 2006 (6:54 am)
I would worry too much. If some idiot were to run into that 1960 Plymouth and wreck the grille and fromt fenders, they would be near impossible to find replacements.
And, the shops don't want to work on old cars.
#525 of 560 Full Coverage Is Cheap when you only drive 3,000 miles!
Jul 04, 2006 (8:13 am)
I just got a quote for FULL coverage on my 1970 Coup Deville convertible with up to $15,000.00 in repairs for UNDER $190.00 (USD) a year for this car!
#526 of 560 Re: Full Coverage Is Cheap when you only drive 3,000 miles! [reallandyacht]
by MrShift@Edmunds HOST
Jul 04, 2006 (8:17 am)
Specialty car insurers are pretty cheap as long as you follow their restrictions on mileage and storage. Also, it can't be your only car registered in your name. You probably need an appraisal as well. And if you have an accident, it had better not be 500 miles from home while camping, as you are supposed to restrict your use to daily exercise and special events.
#527 of 560 Re: Full Coverage Is Cheap when you only drive 3,000 miles! [Mr_Shiftright]
Jul 04, 2006 (8:22 am)
Maybe you are looking at the wrong place ....
from what I understand - it does NOT matter with the ACTUAL quote I just got a couple weeks ago ...
I can be anywhere with it .... why would they DEPRIVE you of the use of your classic?
#528 of 560 I can believe it...
Jul 04, 2006 (8:34 am)
right now I think I pay about $178 a year for my '57 DeSoto, '67 Catalina, and '68 Dart combined. I forget what I had them set the value of each one at, but I think combined the three are insured for close to $20,000.
As for use, here's what my company says on the subject...
"vehicles that are used on an occasional basis -- e.g. club functions, exhibitions, organized meets, tours and limited pleasure driving."
And then there's this little blurb...
"Each licensed household driver needs to have a regular-use vehicle for daily driving and must maintain regular-use insurance in his or her own name."
Also, if you have historic tags on your car, how you can use it is also going to be dictated by your local dept of motor vehicles. Many areas only allow you to drive in on holidays and weekends, to club functions, or necessary things like to the gas station, repair shop, etc. I think some areas do put on mileage restrictions as well, as do some insurers, but it'll vary by jurisdiction and insurer.
For instance, in Maryland I don't think there's a mileage limit. At least, I've never had to record my mileage and give it to anybody. My insurer has never asked me to update my mileage either.
#529 of 560 Re: Full Coverage Is Cheap when you only drive 3,000 miles! [reallandyacht]
by MrShift@Edmunds HOST
Jul 04, 2006 (8:42 am)
Well I don't know your policy but I think you should read it and see what they say. They aren't "depriving" you of use, they are charging you a very cheap rate in exchange for concessions you make to them. This type of insurance is not meant to be a substitute for normal car insurance. I feel certain there are some restrictions on your use.
Jul 04, 2006 (8:58 am)
I've been meaning to get classic insurance for the fintail, instead of calling in when I drive it (most of the time - sometimes I forget). Seems it would be easier. I forget who I got a quote from...one of the old time companies that advertises in Hemmings...but it was minimal in cost, something like $100/yr with agreed value of $5000.
The historic tags thing is funny...my car has year of manufacture plates on it, which is an equivalent...yet I drove it this way as a normal driver for about 5 years, and never had a hassle. I think it's an unenforced law. I'd hope so, anyway....with all the carnage out there, an old car with old plates is the least important thing for the revenue collectors to worry about.