Insuring The Car You
Don't Use
The cost
of purchasing and restoring an antique car or purchasing a new
sports car often puts them out of reach for many consumers. The
cost of insuring expensive "collector" cars can have
equal weight in making them prohibitively expensive too.
But, if
you've scraped up the cash to buy the car, there may be a way
to get a break on the insurance.
Auto insurance premiums can sometimes be discounted on unusual
sports or specialty cars through the purchase of a collector-car
policy.
The policies
are often a fraction of the cost of traditional ones and cover
liability and collision on cars used for pleasure, rather than
utility.
If you plan
to get as much use out of the unusual car you purchased for fun
by taking it to work and picking up groceries, the policy is
not for you.
However,
if the car is something that you don't need for regular transportation,
then this option might be right for you. In fact, collectors
can benefit even more because some companies will insure several
cars on one policy because only one car can be driven at a time.
Ask us about
the collector-car policy and other auto insurance options to
help make the car you've always wanted affordable.
