Classic Car Insurance: Should You Get in California or Nationwide

When it comes to protecting your classic car, you want the best coverage possible. This means that you need to know the difference between classic car insurance in California and nationwide. Depending on where you live, one may be better for you than the other. In this article, we’ll explore the differences between classic car insurance in California and nationwide, so you can make an informed decision.

What is Classic Car Insurance?

Classic car insurance is a specialized type of insurance designed for classic and antique cars. These cars are typically older than 25 years, have limited use, and are often considered collectibles or show cars. Classic car insurance is often much cheaper than traditional auto insurance because the cars are usually not driven often and are kept in good condition.

Classic Car Insurance in California

In California, classic car insurance is regulated by the California Department of Insurance (CDI). The CDI requires all classic car insurers to provide at least the minimum coverage required by law. This includes bodily injury and property damage liability, medical payments, and uninsured motorist coverage. Additionally, the CDI requires that classic car insurers offer additional coverage such as collision and comprehensive coverage.

When it comes to classic car insurance in California, you have two main options: a named-operator policy or a collector policy. A named-operator policy is designed for drivers who use their classic car on a regular basis, while a collector policy is designed for drivers who only use their classic car for occasional shows or parades. Depending on how often you plan to drive your classic car, one of these policies may be better for you than the other.

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Classic Car Insurance Nationwide

When it comes to classic car insurance nationwide, the rules and regulations vary from state to state. However, most states require that classic car insurers provide at least the minimum coverage required by law. This includes bodily injury and property damage liability, medical payments, and uninsured motorist coverage. Additionally, some states may require additional coverage such as collision and comprehensive coverage.

Nationwide, classic car insurers offer a variety of different policies. Some policies are designed for drivers who use their classic car on a regular basis, while others are designed for drivers who only use their classic car for occasional shows or parades. Depending on your individual needs, one of these policies may be better for you than the other.

Should You Get Classic Car Insurance in California or Nationwide?

The answer to this question depends on your individual needs. If you plan to drive your classic car on a regular basis, then you may want to get classic car insurance in California. However, if you only plan to use your classic car for occasional shows or parades, then you may want to consider getting classic car insurance nationwide.

Advantages of Getting Classic Car Insurance in California

  • You will be able to get coverage for the minimum amount required by law.
  • You may be able to get additional coverage such as collision and comprehensive coverage.
  • You will be able to get a named-operator policy if you plan to drive your classic car on a regular basis.

Advantages of Getting Classic Car Insurance Nationwide

  • You will be able to get coverage for the minimum amount required by law.
  • You may be able to get additional coverage such as collision and comprehensive coverage.
  • You will be able to get a collector policy if you only plan to use your classic car for occasional shows or parades.
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Ultimately, the decision of whether to get classic car insurance in California or nationwide comes down to your individual needs. If you plan to drive your classic car on a regular basis, then you may want to get classic car insurance in California. However, if you only plan to use your classic car for occasional shows or parades, then you may want to consider getting classic car insurance nationwide.

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