So, you finally got that beauty of a classic car. Whether you’ve purchased it at the recent 2023 Barret-Jackson auction here in Scottsdale or fixed it up yourself, insuring your newest prized possession is crucial to its protection. But your everyday auto insurance won’t do. A unique car requires a unique insurance policy. Keep reading to learn more about Arizona’s classic car insurance requirements.
What Qualifies As A Classic Car In AZ?
Arizona uses the list of classic cars filed with the Motor Vehicle Division by the Classic Car Club of America to determine which cars count as classics. If your car is considered a classic by the State of Arizona, you should consider purchasing a specialized classic car insurance policy to protect it. You can also register your vehicle as “historic” in Arizona if it is over 25 years old.
How Does A Car Have To Be For Classic Car Insurance?
Typically, any car with a manufacture date older than 25 years is considered a classic or historic vehicle, meaning you can purchase classic car insurance for it.
Classic and collectible cars require a different type of insurance because the marketplace values them differently than other motor vehicles. Because of their older age, classic cars are not evaluated at their true market value, leaving you vulnerable to paying more if you have the wrong type of insurance.
Finding specialized insurance for antique and classic cars, modified collector cars, reproductions, replicas, restorations, and modern classic cars is not a one size fits all process. You need a customized classic car policy, which takes into account the car's collectible value, the miles you drive each year, and many other personalized adjustments.
Can You Insure A Classic Car As A Daily Driver?
One of the benefits of using classic car insurance is that it’s much more affordable than trying to purchase a regular auto insurance plan for your antique car. Sadly, if you plan to use your classic car as your daily ride, you won’t be able to do this. Classic car insurance is specifically for secondary vehicles, meaning you’ll have to purchase a standard auto insurance policy if you plan to drive your classic every day.
Limitations to Classic Car Insurance
Classic car insurance is an excellent option for people who collect antique cars. Still, it has some limits.
- Daily Driving: Your classic car cannot be your primary vehicle if you want to receive classic car insurance. If it is your primary vehicle, you must insure it with a standard auto insurance policy.
- Age Limits: Most insurance companies require a vehicle to be at least 25 years old to be considered for a classic car insurance policy.
- Storage: Most insurers want to ensure your classic car is stored in a stable environment, such as a private garage or storage unit. But every insurance agency is different, so check with an insurance advisor to find a policy that fits your circumstances.
- Secondary Use: Anyone applying for a classic car insurance policy must also hold a standard auto insurance policy for their regular-use vehicle. This helps drive home the idea that your classic car will only be for secondary use.
Protect Your Classic Car
At TruView Insurance, we understand how much time, money, and effort you put into your car. That’s why we offer specialized insurance for antique and classic cars. Our expert insurance advisors will help you find the best policy for your needs and usage. We work for you, not the insurance agencies, so you can ensure you’re getting nothing but honest, expert advice.
Contact us today to speak with a trusted Scottsdale insurance advisor about a policy for your classic car.