Why Collector Car Insurance is a Very Good Thing

"Money Hustard" (moneyhustard) 09/05/2014 at 16:40 • Filed to: None

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When I first took a collector car insurance company on as a client, I was a little skeptical of how restrictive the policies were. To me it just felt like another insurance company making a policy so restrictive that it doesn't actually insure anyone when it matters. A common skepticism among Hurricane Katrina survivors, I suppose.

That is, until I actually started to dive into what exactly this insurance was really for. Growing up, I just thought it was insurance for old cars. It was explained to me at car shows as just a cheap way to insure your car, as long as you never say you're driving it to work and always keep it in a garage. When you're a kid you just take certain things at face value and move on.

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Collector car insurance isn't for someone like me. I use cars. I love cars, but I don't hold them up as some cherished artifact to live forever. I appreciate people do this, I love driving old cars, but what can I say, I'm a shit head when it comes to cars. I run them hard and trade them in often. I'm incapable of giving any fucks at all if I've replaced something with an original part, "it makes the car faster/brake hard/turn sharper?" go for it.

I'm not who this insurance is for. But there are those who buy cars as an investment, or simply because we love a certain car, and want to have one to worship on a daily basis. Those people see cars as what that truly are, important bits of cultural curation. Moving history on display.

In exchange for a super-low premium, a classic car insurance company like Heacock is only going to ensure cars that a maintained properly, are kept in a garage, and are only used for pleasure driving (cruising, cars show, etc). Think about that, their insurance is set up to actively preserve these pieces of automotive history. As long as you are taking care of the car and driving it for other people to see, they want to have your back. When I think about it like that, I find myself actually liking an insurance company, and that puts me in a weird place. Read more on the "collector car lifestyle" on !!!error: Indecipherable SUB-paragraph formatting!!! .