Reports suggest there are very few vintage cars in the country, only around 3000. Are you one of those who are the owner of one of them? This is the right place for you to know the best way to ensure comprehensive coverage for your car.


Vintage cars are those that were manufactured before 1930. Maintaining such old timeless engineering marvels takes a lot of technical as well as monetary resources. Any damages or repairs to these cars can be expensive and burn a hole in your pocket. At such times a car insurance policy can come in handy. Not only can you be assured of repairs but also have mental peace knowing a safety net is available if required.

Know the difference between vintage, classic and antique cars

When buying an insurance cover, the first is to know whether your vehicle is a vintage, classic, or antique one. Many times they are used synonymously; they have some differences. As mentioned above, a vintage car was manufactured before 1930. Modifications to these cars do not affect their valuation. On the other hand, a car manufactured between the 1930s is classified as antique, and its valuation impacts are based on the modifications. Lastly, classic cars are manufactured from 1940 to 1970 and require them to be as close to the original condition to maintain their valuation. Now, let us look at some of the factors that you should consider when buying an insurance cover for a timeless piece of engineering-

#1 Current valuation of your car

The current valuation of your car has a major role in determining the insurance valuation. Vintage and Classic Car Club of India (VCCI) is one authority whose valuation is accepted by insurance companies for determining the valuation. On the other hand, the insurer can appoint an independent valuer to determine its value. The higher the valuation as per the insurance company, the greater is its coverage.

#2 Age of the car

The age of the car is a key factor in determining how much coverage shall be required. As the car gets older, it increasingly gets expensive to maintain, thereby increasing car insurance prices. At these times, having adequate insurance cover shall keep financial worries at bay.

#3 Expected cost of maintenance

When purchasing a car insurance policy, it is essential to know about the expected cost of maintaining it. On average, a vintage car requires a specified amount of expenditure for its upkeep. Having insurance coverage lesser than this amount will require you to incur out-of-pocket expenditure. Thus, take into consideration the expected cost of maintenance and then purchase a suitable insurance cover.

#4 Cost of spares

The cost of spares for your exquisite automobile should make you select between the different coverage options. At such times, purchasing third-party car insurance may not be appropriate, and you need to buy comprehensive coverage. Comprehensive plans include not only coverage for third-party injury and damages but also own damage. This way, any expensive repairs can be taken care of using comprehensive car insurance for your vintage car. Keep in mind the above tips when buying an insurance cover for your timeless car. They will help you choose the right policy based on the above factors to get the most out of your insurance policy.