Are classic cars more expensive to insure?

Updated: 4/28/2022
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11y ago

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Yes it is significantly more expensive to insure a nice classic car than a newer car. It is because they are more expensive to replace. you may have to pay a few hundred bucks a month to insure the car.

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Q: Are classic cars more expensive to insure?
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Related questions

What cars are the most expensive to insure?

Im not sure which is the most expensive, but rare, limited, classic cars can be expensive, lets take the McLaren F1 car for example, this is a rare, expensive, limited car wihch cost more to insure than buying the car itself. Mainly it is expensive to insure powerfull, sporty cars.

What is a collector car insurance company?

A classic car insurance company is different from a regular car insurance company because the specialize in classic cars. They will be able to insure you for your more expensive classic car.

Are used cars more expensive to insure?

No. Generally speaking, used cars are actually less expensive to insure than new cars. This varies greatly depending on model however.

Are imported cars expensive to insure?

Imported cars are generally more expensive to insure. This is due to having to pay for the extra cost of shipping over parts in case an accident occurs.

What is a good company to insure a Chevrolet classic car?

Geico is a good company to insure a Chevrolet classic car. Geico insures all types of classic cars, including the chevrolet and many more types as well as that one.

Why is car insurance for an Audi so much more expensive than other cars?

Actually, Audi car insurance tends to be less than many other cars of the same (luxury) class but will be more than cars of different classes because they are luxury cars and thus more expensive to purchase. The more expensive a car is to purchase, the more it will be to insure.

Are today's cars more expensive or more cheap than classic cars?

It depends on the make. If it was an old classic Cadillac or something then it would be more expensive than some cars now but if it was something like an Audi R8 then would be about the same value as that however if you had a non-popular car then it would not be that priceless

What are some car insurance companies that will insure a classic truck?

Insurance companies that will insure classic trucks include Direct Line and More Than. A company called Classic Truck Insurance also insure classic trucks.

How much does it cost to insure a Toyota Corolla?

check with your insurance company. Typically economy cars like the Corolla cost much less to insure than larger more expensive models.

Which car is more expensive than any other?

Prices change rapidly but some classic antique cars have sold for many millions

Is a convertible car more expensive to insure?

Usually yes. Convertables are usually very small and smaller cars don't do the driver so well in a car accident.

Is getting insurance for a classic car any different than getting insurance for a new car?

Getting insurance for a classic car is very similar to getting insurance for a new car. The only difference is that it is more expensive to insure a classic car than a new car.