What are the driving restrictions for classic cars with J.C. Taylor Insurance? This question is about J.C. Taylor Insurance

J.C. Taylor Insurance does not have any mileage limit for classic cars, but they do require that the vehicle be only driven for hobby purposes rather than daily driving. J.C. Taylor Insurance also generally restricts vehicles with plows, winches, and bed caps. J.C. Taylor Insurance Eligibility for Classic Cars Vehicle must be in a restored or a good original condition. Vehicle must be generally free of rust, damage, poor paint, heavy wear, and dents. Vehicle needs to be stored in a locked and fully enclosed garage or similar structure. Vehicle should be used for things like club activities, parades, or public interest functions. Vehicle usually cannot have tow balls, bed caps, bed racks, winches, tool boxes, or plows. Roll cages, nitrous oxide systems, and substation suspension lifts are usually not allowed, as well. To learn more, check out J.C. Taylor’s profile on WalletHub.

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What are the driving restrictions for classic cars with J.C. Taylor Insurance?

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This question is about J.C. Taylor Insurance

McKayla Girardin, Car Insurance Writer

@mckayla_girardin • 01/19/22 This answer was first published on 01/19/22. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

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J.C. Taylor Insurance does not have any mileage limit for classic cars, but they do require that the vehicle be only driven for hobby purposes rather than daily driving. J.C. Taylor Insurance also generally restricts vehicles with plows, winches, and bed caps.

J.C. Taylor Insurance Eligibility for Classic Cars

Vehicle must be in a restored or a good original condition.
Vehicle must be generally free of rust, damage, poor paint, heavy wear, and dents.
Vehicle needs to be stored in a locked and fully enclosed garage or similar structure.
Vehicle should be used for things like club activities, parades, or public interest functions.
Vehicle usually cannot have tow balls, bed caps, bed racks, winches, tool boxes, or plows.
Roll cages, nitrous oxide systems, and substation suspension lifts are usually not allowed, as well.

To learn more, check out J.C. Taylor’s profile on WalletHub.

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Age Requirements for Classic Car Insurance by Company

Insurer … read full answer	Classic Car Insurance Qualifications
State Farm	Must be at least 10 years old and have historic interest
American Family	Must be at least 20 years old and a rarity because of unique design (replicas of classic vehicles can also qualify)
Geico	Must be at least 25 model years old (newer exotic, collector, and replica vehicles can also qualify)
Progressive	Must be registered as a classic car
Allstate	Vehicle must have collectible value
Hagerty	Vehicle must be a 1979 model or older

It’s important to note that age is not the only factor that qualifies a car for classic coverage. For example, State Farm offers classic car insurance to vehicles as young as 10 years old, but the car must be of historic interest, which typically means that it is owned for the main purpose of exhibition and historic vehicle club activities. Additionally, it’s very common for insurers to place strict mileage caps on a classic vehicle, meaning that it can’t be used for everyday driving.

To learn more, check out WalletHub’s guide to classic car insurance.

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How much does classic car insurance cost?

Classic car insurance costs less than regular car insurance because a classic spends less time on the road than a vehicle used for commuting or errands. The average classic car insurance policy costs between $400 and $1,000 per year.

Like with any auto insurance policy, each driver’s classic car insurance premium will vary based on individual risk factors such as location, driving history, the driver’s age, and the vehicle’s value. Classic car insurance usually applies to antique vehicles as well as to old, high-performance cars. Requirements and prices vary by company, though.… read full answer

Classic Car Insurance Costs by Company

Grundy: 50%+ less than standard car insurance

Hagerty: up to 36% less than standard car insurance

American Collectors: up to 40% less than standard car insurance

Nationwide: up to 43% less than standard car insurance

Heacock Classic: up to 40% less than standard car insurance

Why Classic Car Insurance Costs Less Than Normal Car Insurance

Almost every classic car insurance provider forbids regular use of the vehicle, which reduces the risk for the insurer and keeps costs low. Classic cars are generally limited to parades, car shows, and pleasure driving up to a mileage limit stated in the policy. As a result, you may need to provide proof that you own a regular car for daily use when purchasing classic car insurance.

Another key difference is that most classic car insurers pay the vehicle’s “agreed value” if it is totaled. This amount is decided when the policy is purchased and reflects the fact that classic cars maintain their worth over time. On the other hand, standard car insurance policies usually pay a vehicle’s actual cash value in the event of a total loss, accounting for depreciation.

How to Lower the Cost of Classic Car Insurance

You can lower the cost of a classic car insurance policy by comparison-shopping for quotes and taking advantage of discounts. Many discounts will be the same as those for regular car insurance, such as discounts for having an anti-theft device or taking a defensive driving course. Some companies also offer discounts for membership in certain car clubs or for switching from a different insurer.

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How old is a classic car?

A vehicle that is between 20 and 45 years old typically qualifies as a classic car for registration purposes, while insurers often require the car to also have historical significance. The exact definition of a classic car can vary between state DMVs, insurance companies, and motor clubs.

For example, the Classic Car Club of America defines a “full classic” as a vehicle produced between 1915 and 1948. On the other hand, State Farm offers classic car insurance for vehicles that are at least 10 years old and of historic interest. … read full answer

Classic Car Qualifications by Major Insurer

Insurer	Classic Car Insurance Qualifications
State Farm	Must be at least 10 years old and have historic interest
American Family	Must be at least 20 years old and a rarity because of unique design (replicas of classic vehicles can also qualify)
Geico	Must be at least 25 model years old (newer exotic, collector, and replica vehicles can also qualify)
Progressive	Must be registered as a classic car
Allstate	Vehicle must have collectible value
Hagerty	Vehicle must be a 1979 model or older

Even if you own a new car, you may still be able to get classic car insurance from certain companies, depending on the vehicle. For instance, Geico’s classic car coverage applies to new exotic vehicles, like Aston Martins and Ferraris. But other classic car insurers, like Hagerty, cover these vehicles under a separate type of collectors insurance policy.

To learn more, check out WalletHub’s guide to classic car insurance.

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