Well, even a standard insurance policy may give you a discount for low
annual mileage. Mine, for instance, is set to 7500 miles or less. Since I
work out of my home now, I could probably halve that for additional
savings. If your insurer doesn't, try shopping around.
But the reason the classic policies are able to offer low rates for high
vehicle values is that 1) they expect you as a collector to drive your
classic carefully to preserve your investment; but mainly 2) they don't
expect your classic car to be exposed to the same day-to-day traffic
hazards as a car on a standard policy. If you wish to preserve the option
to do so, I suppose they feel you will have to pay a standard rate based
upon actuarial conventions.
Kristian Chronister had this to say:
>I wish I could just find some classic insurance that would cover me for the
>low mileage limit (usually 2,000 or 2,500/year from what I've seen) without
>all the other 800 caveats they insist on. I'd even be willing to pay a bit
>more for that.
>
>Anyone know of any???
>
--
Max Heim
'66 MGB GHN3L76149
If you're near Mountain View, CA,
it's the red one with the silver bootlid.
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