Few things turn the heads of other drivers more than the sleek lines and beautiful designs of the classic muscle car. For those of us who appreciate these classic beauties, it is a labor of love to restore and maintain them. Keeping muscle cars in show condition is a duty and a privilege that preserves the memory of the great designs of yesteryear.
Of course all of this maintenance and care comes at a cost both in terms of time and money. Not only does the owner have high costs for repairs and restoration, they also have to contend with the high rates charged by insurance companies. Whether true or not, muscle car owners are considered a greater risk by insurance companies and insurance companies charge dearly for the privilege of providing muscle car owners with insurance. The prices insurance companies charge sometimes makes an owner wish they had not made the purchase at all!
The first step to finding the right insurance for you is to contact your current life or home insurance company to see if they can provide you with muscle car insurance. If they do provide coverage, your current insurance company will often be your lowest cost option because you will have a multi-policy discount. Of course it helps if you have a clean driving record, a history of paying your insurance premium on time and generally being a good customer.
If you don’t have insurance currently or if they don’t provide muscle car insurance, there is a secondary market of specialized insurance companies that cater to muscle car owners in need of insurance. Check out companies like Hagerty Insurance, Heacock Classic and Leland West. They specialize in muscle car insurance policies and will often provide you with an instant quote online. Of course don’t forget the usual suspects, Geico, Liberty Mutual, State Farm, Progressive and all the rest; they may be able to help you too.
If you are dealing with a less well known company, make sure you verify they are a legitimate company. You want to check out their stability, especially their financial stability, before doing business with them. With the ease of setting up a professional looking web site these days, it would be a simple matter for an unscrupulous operator to create a site for stealing credit cards, personal information or whatever else they can get. Be careful and don’t provide detailed personal information to just any site.
Once you’ve gotten a policy, before you agree to it, make sure you check the details such as any cap on annual miles driven, spare parts coverage and the stated value coverage. You don’t want any nasty surprises when you go to make a claim, so check the policy carefully.
With these tips in mind, you are sure to find a muscle car insurance policy that will fit your needs and will keep you on the road for years to come.