Why is collector car insurance so inexpensive relative to the cost of standard auto insurance?
Generally speaking, since collector vehicles are driven on a limited basis & spend most of their time (let’s face it) in the garage, the risk of loss to collector vehicles is much lower than the risk posed to insurers by regularly-driven vehicles. Therefore, specialty insurance providers – such as American Collectors Insurance – are able to offer collector vehicle rates that are much, much lower than standard auto insurance rates.
