There are a few very important differences between regular car insurance policies and those for classics and other collector cars. For those vehicles, what you buy is known as a specialty insurance policy - one that both you and your car has to qualify for. How do you know if you both qualify? Simply check out the following requirements:
What qualifies a driver for classic car insurance?
Most drivers who already have auto insurance will qualify for classic and collector car insurance if they have a good driving record. Usually, you will have to be a licensed driver for a specified number of years, typically ten years. If you have a clean driving record going back at least 6 years, you should have no problem qualifying. You will need to show proof of insurance on another vehicle - your daily driver - to guarantee that your classic car will not have to handle those duties.
Can you believe Christmas is only 27 days away? Where did the time go?
Well, as we teased in our Refer a Friend contest wrap up email, we were working on a holiday themed contest. So we're excited to announce our 12 Days of Christmas Giveaways!
Starting December 1st, on every business day until December 18th, we'll be giving away a prize to one lucky winner, with each business day having a new prize up for grabs! Check out the prize list below.
Classic cars are not as sophisticated as today’s vehicles, and while they have some amazing and powerful engines, the tradeoff is that they run hotter for greater efficiency.
Engine temperature relies upon the delicate balance of fine tuning. Too cold, it forces parts to work overtime and affects timing and fuel efficiency. Too hot and you’re looking at damaging pistons, cylinders, caps, gaskets and other things. All that to say, nothing good can come of an engine that’s not running at its optimal temperature.
Here are a few items you may like to check if your classic is running (too) hot.
If you have a classic car, you will, likely at some point, need to make the investment to ensure the upholstery is renewed. Why? Well, over time, the wear and tear on the original upholstery will take its toll, leaving your classic car’s interior looking a little fatigued.
What’s worse is when your upholstery is fatigued, cracked, ripped or otherwise damaged, it can lead to a ripple effect to other issues.
Here are a couple of things to consider before you try to make an appointment to have your classic car’s interior reupholstered.
Classic cars are simply awesome! The only time they don’t seem that awesome is when you’re having trouble finding parts for them. Here are few tips on how and where to find hard-to-find car parts.
When you’re looking for a specific part, it’s one thing to go down to a local scrap yard to try and salvage a part from the same make and model you have, but it’s a lot of searching and hoping that you’ll find the needle in a haystack.
Thanks to the wondrous internet and some very organized people, not only are there sites dedicated to salvaging parts, but they are also catalogued to make the search process easy.
One thing that you may want to consider before you start your search is whether or not you’re looking to replace a part with an original part (same make and model) or just looking to get a piece that gets your classic car back on the road. This will most definitely change the search strategy… and possibilities.
Whether it economic conditions or you haven’t touched your collector car in awhile and want to sell it to someone who will enjoy it for its intended purpose, you’ve decided that now is the time to part ways with your classic car. Regardless of the reason, selling anything requires planning and effort. So, unless the main goal is to sell your car as quickly as possible, ensuring you get market price for it may take a little time.
Here are 5 things you need to know about selling your classic car:
The Car Itself: Mechanical & Cosmetic
Unless your target buyer is a collector, restorer or a mechanic, most people will want a classic car that is in great working condition and that looks great. You’ll want to make sure any mechanical repairs are performed and any cosmetic aspects are taken care of prior to putting it up for sale.
Topics: Buying & Selling
As the rhythmic tone of the auctioneer sets in, you’ll likely be urged to raise your paddle if a classic car has caught your eye.
This article outlines the 5 things to know if you want to purchase your classic car at an auction.
Researching the lot (item) before the auction
As with most auctions nowadays, a list of lots is usually made available online prior to the auction itself. This enables you to peruse the inventory and research any classic cars that tick all the boxes on your “want” list.
Because the idea of making the lots available prior to the auction is to drive interest, and by proxy, the bids upward, ensure that you have ample time to thoroughly research the classic car in question.
Auction houses should provide ample information about the lots to enable research. Should you feel anything is missing, communicate with the auction house.
Topics: Buying & Selling
Fall is officially here and do you know what that means? It’s time to get in a few stunning drives before the classic car season is over. Though, despite the memorable drives you’ll undoubtedly be taking to see the beautiful fall colours on long winding roads, we need to think a little further down the line to, dare we say the “w” word, winter. Yes, winter is coming. Those of you who watch Game of Thrones will get a chuckle out of that.
Anyway, with old man winter only two calendar swipes away, we need to consider winter storage and the five things you must do before nestling your car away until the sunshine brings it back from hibernation.
We know that AirBnB is a powerhouse of rental real estate. If you’re looking for a place to stay for a night or perhaps a longer vacation, all the real estate options for your budget are at your fingertips.
Well, someone figured out that there’s a market for those who wish to drive other people’s classic cars. Yes, it’s true, Hagerty recently launched its new “DriveShare” program where it allows people the chance to drive amazing vehicles and meet their owners. Of course, like AirBnB, it’s appealing to those classic car owners looking to make a buck off their rides.
Topics: In The News