Before you begin the search for classic auto insurance in Arizona it is important to understand that different insurance companies may use different criteria for their definition of what exactly a classic auto is. As a general rule of thumb, cars that are between nineteen and twenty-five years old, restored and in good working condition with a higher dollar value than cars of the same make and year qualify as a “classic”, but other insurers will accept cars that are only ten years old.
Having your car professionally appraised and its current value as a classic auto authenticated is a good idea to avoid any future issues with the insurance company in case of a claim as well as being helpful in negotiating a suitable policy for your own individual needs. There is no point in insuring your classic auto for tens of thousands of dollars more than it’s worth and, conversely, under insuring could prove financially painful.
Terms and Conditions
Taking out classic auto insurance in Arizona from arizona-insurance.website is the same as in other states meaning there will always be terms and conditions to consider. While any insurance company will be willing to accept your dollars, be sure of exactly what you are receiving in return and any restrictions in your policy.
- Mileage. If your classic car is your principal form of transport or used extensively, some insurance companies will refuse to insure it or insist on a mileage restriction which can be as little as 7,500 miles a year. Although you are probably covered while taking part in parades or exhibitions, problems may arise with claims if the car is damaged or stolen while driving to work or the local stores. Check the fine print with your broker and be sure of exactly what eventualities are (and aren’t) covered.
- Secondary Car. Following on from the above, an insurer will probably require you to own and drive another car as your primary means of transport. If your classic auto is your only car, an insurance company will be wary of accepting your business or may just totally refuse your application.
- Storage. Dependent upon the value of your auto, an insurer might demand proof that it is stored safely and securely while not in use. A valuable car parked on the street will not endear you to the insurance company and a secure garage or carport is a good idea.
- Damage. Although your car may have been worth a lot of money six months previously, insurers will swiftly decline your business if your classic auto is poorly maintained or has been damaged.
Classic auto insurance in Arizona is not cheap and probably not for the under 25’s. Five to ten years driving experience is not an uncommon requirement along with less than one moving violation or “at fault” accident in the preceding three years.
If already insured, your existing broker might be able to offer special rates for adding your classic auto to your policy. No harm in asking and if this is not possible then they might recommend a good alternative insurance company. Have your auto professionally valued and agreed with your insurer to avoid any disagreements later and, if possible, choose a company that specializes in classic cars as they will understand the problems that can arise.