Never miss a story

Get subscribed to our newsletter


×
Why should you get a classic car insurance policy for your antique car? Well, check out on these reasons. Pixabay

The number of antique cars has significantly increased on our highways in the recent past. It only means that consumers have more disposable income, or car enthusiasts have multiplied in numbers of late. Owning an antique car is already expensive, and it probably costs you a fortune to have it delivered right into your yard. You can purchase an antique car for either personal use or collection purposes, especially if you have a showroom.

Given the expenses involved in acquiring and maintaining the car, it is imperative to cover it with an insurance paying full value of classic cars. But before that, how do you know if your antique car qualifies for this special insurance coverage? You must meet a special set of requirements, including having a clean driving record within the past three years, a valid driver’s license, and another properly-insured car for daily use. Remember, a classic car is defined as a car that is generally more than 25 years old and isn’t meant for primary use.


Follow us on Facebook for more news updates!!

Other factors that will determine the type and amount of insurance cover include how you’ll generally use the car, and your garage condition back at home. While the garage must be safe, durable, and secure, the policy must also reflect the kind of use for the car.

So, why should you get a classic car insurance policy for your antique car? Well, check out on these reasons which include but aren’t limited to the following:


A classic car is defined as a car that is generally more than 25 years old and isn’t meant for primary use. Pixabay

  • Lower cost

First, it will interest you to know that collector car insurance costs less than typical primary car insurance. Some companies may offer up to 40% less of the normal policy cover. Remember, collection cars have limited use, and your insurer will insist that you only drive it for agreed errands. For instance, some policy covers will only expect you to drive the car to showrooms and antique fairs. Others may even allow you to drive the car out to town once to pick some groceries. That is what is referred to as pleasure use coverage. However, you must note that pleasure use coverage may be limited to some miles. In brief, the policy only covers your car when in the garage and when on “official” duties as captured by the policy cover.

  • Agreed value coverage

Classic cars are exceptional in their own way, and as the owner, most policies will give you the privilege to choose an agreed value for coverage. While some covers may insist on paying the actual cash value in the event of a total loss, it may be under-value, especially if you made some modifications. In brief, a typical classic car policy cover should give you the option of agreed value coverage, because to some extent, classic cars appreciate in value.

Also Read: Begin Living Your Best Life by Adopting These 5 Habits

  • Roadside assistance

There is a good reason why classic cars aren’t meant for primary usage. In that case, driving for long-distant shows and antique car fairs poses huge risks, especially if you are moving from one city to another. Getting a classic car insurance coverage will provide you with all kinds of roadside assistance that you can think of. For instance, the car is obviously more than 25 years of age, with a long-life mileage. The possibility of it breaking down on the road is very high, especially if such a long trip is the first one in a while.

A reliable classic car insurance coverage will ensure that you are never stranded in your antique car with a guaranteed flatbed towing. The cover also facilitates your transport to any nearby hotel or your home as towers handle the car. You’ll also be compensated for any valuables lost in the process of towing the car.

[Disclaimer: The article published above promotes links of commercial interests.]


Popular

VOA

Surgeons attached a pig kidney to a pair of large blood vessels outside the body of a deceased recipient so they could observe it for two days, and the kidney did what it was supposed to do.

Scientists temporarily attached a pig's kidney to a human body and watched it begin to work, a small step in the decades-long quest to one day use animal organs for lifesaving transplants.

Pigs have been the most recent research focus to address the organ shortage, but among the hurdles: A sugar in pig cells, foreign to the human body, causes immediate organ rejection. The kidney for this experiment came from a gene-edited animal, engineered to eliminate that sugar and avoid an immune system attack.

Keep Reading Show less
Photo by Wikimedia Commons

Killer Smog in Delhi.

Developed by the Indian Institute of Tropical Meteorology (IITM), Pune, a Decision Support System (DSS) that extends the ability of the existing air quality early warning system (AQEWS) to have decision-making capability for air quality management in Delhi-NCR was launched on Tuesday.

The website for the DSS (https://ews.tropmet.res.in/dss/) is designed to help the Commission for Air Quality Management for NCR and Adjoining Areas (CAQM) by delivering quantitative information about the contribution of emissions from Delhi and its 19 surrounding districts; the contribution of emissions from eight different sectors in Delhi; and the contribution from biomass-burning activities in the neighbouring states.

These information would assist in managing the air quality in a timely manner, a release from the Ministry of Earth Sciences said.

The need was stated by the CAQM, which was formed by the Ministry of Environment, Forest and Climate Change, during a meeting held in January 2021.

Recently, the Commission reviewed the progress made by IITM and had in principle approved the current version of DSS for air quality management in the Delhi-NCR. The IITM has also developed a new website for DSS with the entire system made operational, the release said.

Union Minister of State for Earth Sciences, Jitendra Singh, while launching the website for AQEWS on the occasion of 'Azadi Ka Amrit Mahotsav' week organised by the Ministry of Earth Sciences, said, "DSS is a significant contribution to 'Azadi Ka Amrit Mahotsav' on behalf of MoES and IITM and suggestions are invited on this issue."

The website also has a feature whereby the users can create their own emission reduction scenarios (from 20 different districts, including Delhi) so as to examine the possible projected improvement in air quality in Delhi for the next five days.

"This information would explicitly highlight the most important emission sources responsible for the degradation of air quality in Delhi and suggest possible solutions to ameliorate the same. With a plethora of quantitative data, the AQEWS integrated with DSS could become a user-friendly tool for air-quality management in and around Delhi," the release said. (IANS/JB)

Keywords: Delhi, India, Pollution, IITM, Ministry of Earth Sciences


Photo by GOI.

On the first day of the two-day meeting of BJP and Rashtriya Swayamsevak Sangh (RSS) leaders on Tuesday, discussions were held on important issues related to education and the National Education Policy-2020

On the first day of the two-day meeting of BJP and Rashtriya Swayamsevak Sangh (RSS) leaders on Tuesday, discussions were held on important issues related to education and the National Education Policy-2020. Apart from senior RSS leader Suresh Soni, representatives of various organisations associated with the Sangh Parivar -- working in the field of education -- were present in the meeting in New Delhi.

According to sources, Union Education Minister Dharmendra Pradhan, who attended the meeting on behalf of the government, shared information related to the National Education Policy-2020 and the government's policy on important issues related to the education sector. Pradhan also shared details of the efforts being made by the government in the field of education.

Discussions were also held regarding the impact of the situation arising out of Corona and how much it has affected the education sector. In the meeting, the RSS leaders asked several questions and provided suggestions to the Union Minister regarding the education policy of the government.

According to the sources, RSS wants the policy to be implemented expeditiously. All aspects related to the policy were discussed in Tuesday's meeting. On the second and the last day of the meeting on Wednesday, special issues related to education will be discussed in which representatives of various organisations of the Sangh, Union Ministers and several BJP leaders will be take part.

Meanwhile, in order to convey its point of view to the government on various issues, the Sangh keeps on calling such coordination meetings related to specific issues, in which RSS representatives -- working in that particular area -- provide feedback to the government. (IANS/JB)


Keep reading... Show less