Insurance on classic cars

[Dice T]

I tried the search function but it was pretty useless.

 

I currently own a 240z that my parents pay the insurance for. However, they won't tell me how much as they are extremely furtive about all aspects of their finance. So how much does it cost to insure your datsun?

 

Also, I might also be buying another running datsun in the near future. How much would insuring a second car cost?

 

 

 

 

 

 

 

 

[datzenmike]

Phone an insurance co. Rates vary by location, age etc..

[john510]

Im paying about $ 35.00 a month on my 510,thats full coverage through Allstate.It doesnt cover any aftermarket items that are on the car.Im probably getting a discount because i have 3 cars and homeowners insurance through them.

[ggzilla]

over 40, good record, full coverage on my 'classic' was $200/year from Hagerty. Changed to State Farm and it's only $120/year, stated-level if the car is totaled, and includes towing.

 

'Classic' insurance is for non daily-drivers, no commuting allowed. Just like classic license plates -- pretty much the same criteria.

[Big Schlink]

Make sure you compare collector insurance verses standard. There is a big difference between depreciated value and agreed value.

[ggzilla]

yes, both mine were "agreed" (stated) value. If it is totaled, that's the value I will get. If it's not totaled, then they pay whatever it takes to repair it.

 

Normal insurance is not using agreed/stated value, but will pay out Fair Market Value, which is not very much on a 40 year old car.

[Diesel33g]

I'm paying 120 a month for my insurance, granted I have 2 Suspended License tickets, and a DUI.

[ohio510]

I have American collector insurance. 200 a year full coverage but can only drive 2700 miles a year. but it snows here a shit ton so it works for me

[dennis]

I have american collector car insurance as well. My car is insured for 10k and I can drive 5k miles per year and I pay 205.00 a year

[Rotary510]

Agreed value of $15,000, clean record, State Farm, 7,000 mile/year limit, $12.00 per month - FULL COVERAGE, towing, rental car, windshield, etc. Having a clean records makes it all perfect, even if you get pulled over by cops, they see you have a very clean record, then tend to take it easy on you and work with you to just give you a warning as long as you are HONEST. It worked for me, the cop did not give me a speeding ticket 65MPH on a 55MPH zone. He told me that he felt that I whave been wise to drive really well, even though I drive fast azz cars, so he said, "take it easy on the pedal, have a nice day". :cool:

[dennis]

Agreed value of $15,000, clean record, State Farm, 7,000 mile/year limit, $12.00 per month - FULL COVERAGE, towing, rental car, windshield, etc. Having a clean records makes it all perfect, even if you get pulled over by cops, they see you have a very clean record, then tend to take it easy on you and work with you to just give you a warning as long as you are HONEST. It worked for me, the cop did not give me a speeding ticket 65MPH on a 55MPH zone. He told me that he felt that I whave been wise to drive really well, even though I drive fast azz cars, so he said, "take it easy on the pedal, have a nice day". :cool:

 

Damn, that is a good rate. I am going to have to check out state farm. I have everything you have on your policy except the mileage and the agreed value and your rate is much better than mine.

[2doorTurd]

My Datsun with liability only is $28 a month, and I'm 23, unmarried. I do have a clean record though, and that helps tons. I pay less for 3 cars on my insurance than my dad for his two.