Classic Mustangs (Tech) Technical discussions about the Mustangs of yester-year.

Insuring a restored '65 as a daily driver?

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Old Aug 23, 2005 | 04:25 PM
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LAGTStanger
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Default Insuring a restored '65 as a daily driver?

Just joined the forum (this site looks great!) - I have a question regarding insurance. Can anyone tell me the best way to insure a restored '65 as a daily driver? "Classic car insurance" has mileage limits which I will undoubtedly exceed, and "normal" insurance won't cover the full $20k purchase price of the fastback GT in the case of a total loss because they depreciate the blue-book value of a '65 down to almost nothing.

Any suggestions (i.e. what to do, insurance companies to consider, etc.)? Thanks so much in advance!
Old Aug 24, 2005 | 05:34 AM
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Soaring
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Default RE: Insuring a restored '65 as a daily driver?

Yeah, you are right about the classic insurance companies not allowing you much mileage, and there are a bunch of other stipulations. I have mine insured with my regular company, but only have the basic liability and not the comprehensive collision. I guess If I total it, it will just be my loss. If you do find a company that will insure it to cover the full price, let us know, because I don't know of a company that will do that on a 60's model car.
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