If you have a classic car, then you may be able to buy it a cheaper coverage than a conventional car. This is as long as the car meets the specific eligibility requirements your auto insurance carrier may have for classic car coverage. Here are some of the eligibility requirements most common with auto insurers.

It's A Bit Aged

Most people think of classic cars as aging vehicles that are decades old. Others think of classic cars as cars belonging to a certain period in history; for example, cars produced in the 1940s. All those vehicles may be classic cars, but not according to most insurance companies. According to most auto insurance companies, a classic car should be between 19 to 24 years old. Not that the definition of a classic car varies by the company, so there are classic cars that are outside this age range depending on the insurance carrier issuing the definition.

It's a Second Car

Most auto insurance companies expect you to keep your classic car for its aesthetics or value or anything else other than as a motoring tool. That is, your classic car shouldn't be the only car you own if you want it insured as a classic car and enjoy the associated rate discounts. Therefore, even if you have a 20-year old car, but you use it for your everyday commute, it's unlikely to fetch you classic car insurance rates.

You Rarely Drive It

In addition to being your second car, your classic car should spend most of its time parked rather than on the road. This should be a car you only take out for spins on lazy weekend afternoons, a car you only drive when going for shows, or a car you only drive for short leisure trips. In fact, you should expect your auto insurance company to have a mileage limit above which your car doesn't qualify for classic car rates.

It's Properly Stored

Lastly, you should store your classic car insurance in a secure storage place to enjoy the associated discounts. Since classic cars tend to have higher values than non-classic cars, the insurance company stands to lose a lot of money if you lose the car or damage it. That is why the insurance company will expect you to keep your classic car in a garage or specialist storage place.

Talk to a company like Kesner Insurance Agency Inc for help getting the best coverage if you have a non-standard car. Hopefully, you will get good coverage for your car whether it meets the requirements or not.