Owning a classic car is more than just having a vehicle. For most, it’s about cherishing a piece of automotive history. If you're in the UAE and own a classic car, insuring it properly is crucial. This guide will walk you through everything that you must know about insuring classic car insurance, how it differs from regular car insurance, and where you can get your classic car insured.
What is Classic Car Insurance?
Classic car insurance is a specialized type of insurance, meant specifically for vintage or antique vehicles. These cars typically appreciate in value over time and require unique coverage that standard auto insurance policies don't provide. Classic car insurance takes into account the car’s value, limited use, and the owner’s commitment to preserving the vehicle.
How is Classic Car Insurance Different from Regular Insurance?
Classic car insurance differs from regular car insurance in several ways. We listed some of these below
Restoration and Spare Parts: The policy may cover the cost of restoring your vehicle to its original condition and sourcing rare spare parts, which can be significantly more expensive than parts for modern vehicles.
Specialized Service Providers: Classic car insurance often includes access to a network of specialists who are experienced in handling vintage cars. This ensures any repairs or maintenance are done by knowledgeable professionals.
Steps to Insure Your Classic Car in the UAE
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Determine Eligibility: Ensure your car qualifies as a classic. Typically, the vehicle should be at least 20 years old and well-maintained.
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Evaluate Your Car’s Value: Get your car appraised to determine its agreed value. This may sometimes involve professional evaluation and documentation of the vehicle’s condition, rarity, and market value.
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Choose the Right Insurance Provider: Look for insurance companies in the UAE that offer specialized classic car insurance. Not all insurers provide this type of policy, so it’s important to choose one with experience in this niche.
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Review Policy Details: Pay attention to coverage options, limitations, and requirements. Ensure that the policy includes agreed value coverage, proper usage limitations, and adequate protection for parts and restoration. When you get your classic car insurance from Shory, all of these aspects are taken care of with our extensive list of policies.
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Get Classic Car Insurance: Simply enter your EID and a few other basic details and to complete your classic car insurance purchase on Shory.
At Shory, we understand the passion and commitment that goes into owning a classic car. That’s why we offer tailored classic car insurance policies that protect your investment and ensure peace of mind. With Shory, you get the best protection for your car simply by following a few steps. Some additional benefits to experience on Shory are expert claims handling and access to a network of classic car specialists.
Ready to protect your classic car? Contact Shory today to get a quote and learn more about our comprehensive classic car insurance policies. Drive with confidence, knowing your automotive treasure is safeguarded with Shory.
