To celebrate National Car Collector Appreciation Day, here’s a question for you:
What do a 1981 DeLorean and a 1929 Oldsmobile have in common?
Answer: Each of the cars is owned by an agent associated with our agency and both cars qualify for Antique Auto Insurance.
In fact, the 1929 Oldsmobile just won first place in its category at the 4th of July, Americana Festival here in Centerville, OH.
So, just what makes a car qualify as a vintage car under the current guidelines of the company we represent that offers this type of insurance?
The car must be 25 years old or more. So, no, your beautifully maintained 1996 Camaro wouldn’t yet qualify.
- The car must not be driven more than 4,000 miles per year. But, that’s okay. If she’s your baby, you don’t want her out on the road that much, anyway.
Keep in mind that other stipulations may be required. Not only do you need a clean driving record, but the car should be maintained for exhibitions, parades or as a collector’s item.
To make sure your investment is protected, do a periodic review of your coverage, because the market value for classic cars is rising. What you insured your sweet ride for a number of years ago, may not be enough in today’s market.
Whether you have had your cherried out classic car for a number of years or are in the process of restoring her to her former glory, give Barker, Beck, Collins & Kronauge Agency a call to protect your investment with Antique Auto Insurance.