i drive an 81 280CE, and im 18 is there anyway in hell this is going to happen?
im being kicked out of my policy by my mom and i wanted to know what company you guys would suggest or have just heard of, there are so many companies out there.
would i need to get antique registration first?
its my only car, it is my daily driver. would i still get a discount from regular insurance?
i could always get my dad to be the policy holder on my antique insurance, it would still probably be cheaper than what i was just quoted from every other online place.
i know i need to do my research, just thought id cover all bases...
when it was registered it was one year too new to be considered antique
I would suggest researching ALL angles carefully. There are many things.
The lowest cost insurance is not always the wisest choice.
It is tougher and harder to get the good rates when you are young, unmarried, and an inexperienced driver. That is because actuarial statistics show those drivers have more crashes than others.
Antique car policies are very cheap and have good coverage, but are meant mostly for ultra low mileage collector and show cars that are driven seldom.
Companies such as Hagerty that offer it require you prove you only will drive about 1,000 or 2,000 miles a year. Can you honestly say your mileage will be THAT low? If you lie about it and then get caught, you could get cancelled or your insurance claim denied.
Check all the big companies, such as GEICO, Liberty Mutual, AAA, State Farm, Allstate, and so on, asking what discounts are available if you had taken drivers education, are a good student, etc.
I would be careful of the internet companies like esurance, and so on, they can be very crafty, and dishonest with the customers. I have heard a lot of bad stories about them.
Sometimes you can visit an Independent Insurance Agent, who has access to many different small insurance companies, and can get a policy that is good for you, and not expensive.
I used these when I was in my 20s and 30s to good effect.
Don't buy MORE insurance you need but don't buy too LITTLE either.
Would you risk going without fire and theft coverage on a car like this? Could you do without collision insurance, to save money? Probably not worth it on a car that old, IMO.
READ the policy. Look for exclusions that would allow the company to weasel out of covering you if you had a wreck.
Don't lie about anything on your application, just to try and save money. You could be cancelled or denied coverage if you got caught. People try that all the time, and the Insurance companies know it.
Many companies allow for insurance premiums to be paid every month like a car payment, or 3, or 6 months at a time, or for a whole year at a time. Which works best for you?
Think hard before passing on Uninsured Motorists property damage and Uninsured motorists Med pay coverage. It is not expensive and it covers you if some uninsured motorist hits you. AND there are a LOT of people like that around and they have a LOT more accidents than people WITH insurance.
That's a fact.
I hope this provided a decent jumping off place for you. Choose wisely.