Classic car insurance calculation and conclusion

Vintage car insurance is only available to a limited group of motorists. Do you want to insure your vintage car inexpensively? Then a number of conditions apply. For example, the oldtimer may only be used as a hobby. In addition, in addition to the oldtimer there must be another car that is used for daily traffic. This can be your own car, but also a lease car or a company car. Furthermore, insurers often apply a maximum number of kilometers per year, usually 5,000 or 7,500 kilometers.

At Alpina, you can insure your vintage car as soon as the car is 25 years old or older. In some cases, this is even possible from the age of 10, depending on the make and type. Alpina offers more options than many other insurers, who often apply a higher age limit. Other parties also look at whether the make or type appears on the list of Invaluable Classics, or whether an official club exists for it. The measure may also be whether the model is still in production. It is easy to calculate the premium for vintage car insurance.

Are you eligible for low-cost insurance? Then you'll enjoy the benefits below!

• Oldtimer acceptance as early as 25 years of age
• Premium payment possible per month
• Premium starting at €6 per month!
• Use 5000 and 7500 kilometers per year possible
• Insurance based on a valuation report is possible

Do you drive more or do you use the vintage car for daily use? Then you can choose regular car insurance instead of oldtimer insurance.

Alpina also has classic car insurance for, in addition to cheap passenger car insurance:

Camper vintage car insurance
Vintage truck insurance
Vintage moped insurance
Vintage motorcycle insurance

Civil liability (WA)

Third-party insurance is the basic coverage and cheapest old-timer insurance. It covers the damage you cause with the car to third parties, but not the damage to your own car.

Limited casco (WA plus or WA+)

In addition to the third-party insurance, damage to your own oldtimer is now also covered in the event of fire, theft, storm and broken windows, among other things. Damage to your own oldtimer that you have caused yourself (for example by a collision) is not compensated on this oldtimer insurance.

Full hull (all-risk)

This is the most comprehensive coverage for vintage car insurance. Everything covered under limited hull is covered, but now all damage to your own vintage car is also covered.

Do you have a vintage car with a high value? Then it is wise to choose at least WA limited casco or all-risk. This often requires an appraisal report so that the value of the car is clearly established and there is no discussion in case of damage.

Comparing vintage car insurance is important. A number of factors play a major role in determining the premium; the so-called premium determining factors. Insurers let the premium depend on:

1. The year of construction of the vintage car
2. The value of the car
3. The love of the regular driver
4. The use of the vintage car: commuting, daily use or only hobby use
5. How many miles per year the vintage car is driven
6. Coverage. Third-party insurance is cheaper than All Risk coverage

With most vintage car insurance policies, you do not accrue claim-free years. The premium remains a fixed low premium regardless of claims. This is possible because use is limited and strict conditions apply.

Tip: Have you had motorcycle insurance in the past and accumulated claim-free years? Then you can often take those with you for vintage car insurance and benefit from additional discounts on the premium.

What exactly is the oldtimer road tax? When is a car a vintage car and when do you no longer have to pay road tax for a vintage car?

If your insurance includes a storage clause , the vintage car must be stored in an enclosed area between sunset and sunrise. This is not a carport with a fence in front of it or a parking garage that is accessible to several people.

A variation of this clause is that the storage requirement applies only when the vintage car is within a 1-kilometer radius of the home.

Stowage clause varies by company

Not every insurer sets a standard stowage clause. This varies by product, type and value of the vehicle. Therefore, when taking out insurance, always ask if a stowage clause applies.

Saving money is good, of course, but do it the right way. You don't save money by settling for third-party or limited liability insurance. That is saving by compromising on the quality of the insurance. A better way is to compare the various insurers and choose the classic car insurance at the most competitive premium. Saving on the quality you will regret in case of damage.

Example

Your vintage car has a value of €25,000. You can choose for the all risk oldtimer insurance with a premium of €44 per month. Per month you can save more than €30 by not insuring your oldtimer all risk but WA. The annual savings amount to €360.

Suppose, due to a steering error, you cause a collision. The damage to your car amounts to €7,500. This damage will not be paid with the third-party insurance, but with the all-risk old-timer insurance. In this example, which insurance you choose is not a difficult decision.

An accident can cause serious bodily injury to passengers. An accident can even result in death. With insurance, you cannot prevent the suffering, but you can limit the financial suffering.

Accidental occupant insurance pays an amount in the event of permanent disability or death of one or more of the passengers. A benefit of €5,000 follows death and €15,000 follows permanent disability.

It does not matter for the benefit who is found responsible for the loss. Benefits also follow for the driver. Even if the accident is the fault of the driver himself.

Passenger indemnity insurance also pays out in the event of an accidental injury to the passengers or driver. The big difference is that it is not limited to a one-time payout, and a payout does not follow only in case of injury. Passenger indemnity insurance also pays out for property damage from the accident.

For example, possessions in a passenger's bag that are damaged. More important is the much broader coverage for injuries. In case of permanent disability, the insurer pays the actual financial loss. This can run into the hundreds of thousands of dollars if the victim can no longer work.

In traffic, it's easy to get into a legal dispute. In some cases, the insurer behind the classic car insurance will cover these costs, but not always. Legal expenses insurance also provides coverage if you have a dispute with your garage company over a repair.

• The event must be registered by the organizer with the Tax Office.
• You may participate in a maximum of 4 events per calendar year.
• You may use up to a total of 6 to 8 days per calendar year (varies by explanation from the Internal Revenue Service). The drive to and from the event also counts as a day of use.
• Your vintage car must be insured.
• You may use the car only in connection with the event.

Please note that it does not apply to private occasions, such as a wedding or anniversary.

Are you buying a vintage car during the year? Then you must take into account the number of days and events already used by the previous owner. For example, has the previous owner already used 2 days? Then only the number of days remaining is left for you.

It applies to special occasions when vintage cars are displayed to the public, such as:

• Commemorations
• (Flower) parades
• Club days of vintage car clubs

Even if your vintage car's license plate is suspended, the car must be insured while participating in an event.

Have you also suspended the insurance yourself? Then you need to activate it temporarily. Keep in mind that the insurer may charge policy fees for this and that you have to suspend the insurance again after it expires.

An MOT inspection is not mandatory, but the car must be MOT-worthy.

When an organizer announces that an event is subject to the event regulations, register your vintage car with the organizer in a timely manner. During the event you do not need to have a separate proof of participation in the car.

Are you ultimately not going to the event? Then the organizer must deregister your car with the Tax Office no later than 1 business day before the event. Otherwise, the day still counts toward your annual maximum.

Organizers must register their event with the Tax Office no later than 2 months in advance. They will receive written notification whether participants can use the scheme.

In addition, the organizer must send a list of suspended vehicles to the Tax Office no later than 1 business day before the event. No separate confirmation follows for this.

The request should be sent by mail to:
Tax Office/Central Administrative Processes
Requests team
P.O. Box 9047
7300 GJ Apeldoorn