200,000 Decode at Decode This!

Decode This!, the VIN number decoder site has posted that they've reached a milestone of over 200,000 VINs decoded! That's huge news seeing how it's one of the best VIN decoding sites on the web. Kudos to Decode This!

Banning Classic Cars? Um, no.

I just read over at classic car insurance tips how people are thinking about banning classic cars from our roads. While I can understand the fear that's driving people to think along these lines I also think it is a sign that we're delving into a level of paranoia that needs to be avoided. While our dependence on oil is undeniable I think there are many more important ways we can conserve rather than eliminating the minor threat that classic cars pose to the environment. What about taxing people who drive big SUVs?

America needs to wake up, but it also needs to focus on the priorities first.

Classic Car Insurance is Serious Business

Making a choice of a classic car insurance company for your antique car can be a hard thing to do. The car insurance world gives you conflicting information about policies and coverage. Classic insurance coverage can be had for a substantially lower rate over a traditional insurance policy, but you need to abide by its limitations. It pays to do your research to make sure you're getting the best value possible.

There are several critical points you need to consider before choosing an insurance company:

1. How many miles do I plan on driving each year?
2. What's my acceptable risk in the case of a claim?
3. Do I want to drive my classic car every day?
4. How difficult is it to find parts in the case of a repair?

Mileage is an critical factor for collector car insurance companies. They offer coverage for your classic car at a reduced rate because they require that your usage is limited. The average collector car insurance company allows for a cap of 2,500 miles per year driving for their insurance plans. The limited driving means a limited amount of exposure for the insurance company. Some companies, such as Sneed, offer unlimited driving privileges but impose other limitations, such as no driving to work or daily driving uses.

Antique Cars Are Risky To Cover

Standard car insurance coverage typically pays for repairs based on the industry standard prices established for your vehicle. This rate assumes the parts are readily available and can be purchased by standard processes. They are unable to guarantee that your 1968 Chevrolet Camaro will be repairable with orignal parts, as these are only available in limited quantities. To ensure your collector car is covered to the full extent of any damage is to purchase stated value insurance. Stated value insurance allows you to set a price to the value of your car, and in the case of a claim you can be sure that your vehicle is covered for damages up to that amount. This is ideal for rare vehicles or cars that are of special value.

The proper car insurance for your classic car is very important. Not only can you save money (up to 80% off a regular policy) but it will make sure your car maintains its value over the years.

Classic Car Horror Stories

Nothing is worse than a favorite car involved in a auto wreck. You first worry about your own safety, and that of anyone else involved in the accident. Next you become concerned about the damage done to your vehicle. Is it still drivable? How extensive is the damage? Finally you worry about your insurance: is it sufficient to get your car back on the road in pristine condition? For classic cars your coverage might not be sufficient.

Stated value insurance is the best way to make sure your coverage will protect you in an accident. This type of insurance allows you to state up front the value of your car and base your premium on this value instead of a value assigned by the insurance company. This allows cars with extensive restorations or high value to be covered accurately.

Visit Classic Car Insurance Reviews for more information.