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Re: So, my car is a "classic" now
Just bought my father's mustang off of him- '95 5.0 black on black drop top... with just under 26k miles.
Called USAA and while their quote was good they refered me to a partner company. Through this company, the deem the Stang a 'modern classic' as it is over 15 years old. I pay $340/ year for the car which they value at $12k (KBB is closer to $6k) with a $0 deductible. They cover teft and individual parts, even parts (up to a certain amount, I forget the exact figure) in the garage in the case of acts of god and fire or flood damage. The catch is I can only put 5000 miles on the car a year and it must be garage kept.
Just bought my father's mustang off of him- '95 5.0 black on black drop top... with just under 26k miles.
Called USAA and while their quote was good they refered me to a partner company. Through this company, the deem the Stang a 'modern classic' as it is over 15 years old. I pay $340/ year for the car which they value at $12k (KBB is closer to $6k) with a $0 deductible. They cover teft and individual parts, even parts (up to a certain amount, I forget the exact figure) in the garage in the case of acts of god and fire or flood damage. The catch is I can only put 5000 miles on the car a year and it must be garage kept.
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