I'm sure a lot of you keep your cars as weekend cruisers and I would like to know if there are any special plates or requirements that the DMV needs if you wish to classify your car as a hobby car and not something used as a daily driver. What do insurance companies require from you to give you antique(don't know if they call it something else) status on your car? Does it need to be a show car or can it just have a certain amount of years to it so that way they can consider you for their plans? Would you need to notify anyone if you do any sort of modifications to your car like new engine or anything else? Does it depend by state?
I know some guys on here will pip up that use specialty insurance companies. I just use my Allstate insurance. They let me set the value of the car. I can keep my receipts and adjust the value (and premium,LOL). I will probably change to a collector insurance once the thousands of $$ in bodywork is done. As for plates it does vary by state. In ohio you can get year match ( an original year plate) or historic plates for a one time fee. You can only drive it to shows, events and cant be a daily drive.
Well that's the idea. I don't want the car as a daily driver but something just to cruise around in during the weekend and the occasional weekday off drive. In NY, that's pretty much the option you have with these older cars. However, would working on the car still apply to this specialty insurance or do the companies prevent you from doing anything to it mechanically?
I've talked to Haggerty and you can do whatever you want. You just need to agree on a value. Might have to show pics to assure them of what you have. Also may have to meet a minimum value.
Mine is real simple up here. 120 bucks a year for full coverage based on an appraisal. If I want to change the insured amount I have to get another appraisal. Which I will be doing again this season. I have to have a primary insured daily driver. Cant drive to work or to the store for errands. Nobody with less than 10 years driving exp can drive the Mav. I can go and drive around aimlessly for hours thats what its meant for. Also you are allowed to drive your vehicle to the shop for repairs. So my car needs to go to work for repairs quite often. Like the girl at the insurance company said its a bit of a bonus being a tech. Event though the car is at work it may be getting repaired. Actually I do work on it for real at work. Its nice having the fully equipped shop at hand. My State Farm agent suggested I go to the silver wheels people. A regular policy with State farm would have been around 80 bucks a month. State farm has an antique policy but you basically cant drive the car. Its meant for show type cars. We have historical license plates up here but they are meant to be driven to and from shows. If the police see you driving around with them often they will ticket you up here. The ticket will out weigh the savings on the plates. Of course your stuff in the States likely differs state to state. Just call Hagerty and ask them.
Well, not exactly. I tried to insure with Haggerty years ago. On the application they asked if the car had any power adders, had nitrous, blower, supercharger listed on the application form. I had nitrous at the time and they told me they won't insure a car with a power adder. I thought that was strange because some classic cars came from the factory with superchargers. I went to Grundy, they didn't ask and I didn't tell, LOL.
