Classic Car Insurance in Texas

Classic or antique cars are different from regular cars in a lot of ways. For starters, instead of depreciating, classic cars gain value with time. As a result, classic cars don’t have the same auto insurance needs as regular cars. Therefore, a traditional car insurance policy wouldn’t work for a classic car.

In Texas, the law requires drivers to carry some level of car insurance coverage. Out of the hundreds of auto insurance providers in Texas, only a handful of them offers classic car insurance policies. If you live in or visiting the great Lone Star State, you can purchase classic car insurance from Nest Insurance Agency based in Lubbock and Amarillo, TX.

Classic Car Insurance Eligibility

Your vehicle must fall under the category of classic car, that is, it must be at least 19 to 24 years old and be a limited production or have exceptional workmanship. A car that is 25 years and above is considered an antique. Although, classic cars are vehicles manufactured between 1925 and 1948 according to the Classic Car Club of America.

Paying for insurance for your classic car can be cheaper than traditional car insurance. Factors considered when calculating auto insurance rates are more or less the same as those of regular vehicles. However, the fact that most classic cars are driven less, meaning that they spend a relatively lower amount of time on the road and are always kept in excellent condition, leads to the lower rates. Additionally, classic car owners adore their machines and will more likely drive them carefully hence avoiding accidents.

Car insurance is a mandatory requirement in the Texas. Nest Insurance Agency is based in Lubbock and Amarillo, TX and provides auto insurance coverage for classic car drivers in the state. If you need more information about classic car insurance, get in touch with one of our agents.