classic car insurance petra insurance

From top to bottom, driving, maintaining and enjoying a classic car is a truly unique experience. Sunshine, top-down and turning heads with white-walled tires. Owning a classic car is an exciting and rewarding hobby that’s only becoming more popular. In fact, according to the Historic Automobile Group International, the rare collectible auto market was up more than 500% for the decade, globally, at the end of 2015. Whether it’s the nostalgia, the methodical work or just the ride in general, classic cars are always an exhilarating experience.

Even with all of the pros that come along with ownership though, it’s still no easy task. There are many pieces of the classic-car-puzzle that need to be taken care of on a regular basis. Repairs, paint, and finding replacement parts, or getting them custom made, are just a few of the aspects that come into play. Depending on the vehicle, somethings can prove to be more difficult than others. It can be expensive and time-consuming to say the least.

However, even with all of the required upkeep, there’s still one more thing that often proves to be more difficult for classic car owners in the UAE: finding comprehensive car insurance.

With thousands of UAE residents looking online for car insurance, a small portion of those are classic car owners. With online marketplaces and search results at your fingertips, most customers will receive instant quotes with no wait time, however, this is not the case for all. Unfortunately, most of classic car owners won’t find a comprehensive policy that will work for their vehicle.

Why It’s Difficult

Difficult to find, tedious or simply not possible, most UAE insurers won’t give policies to classic car owners. There are many moving parts involved and a lot of unforeseen issues that can arise. For instance, most classic cars made before the mid-1960’s don’t have seat belts, airbags, power steering or responsive brakes. These factors alone can lead to serious problems and can even lead to accidents. Largely due to age, rarity and elevated risk factors, most insurance agencies simply don’t have the backing to be able to offer these policies.

Weather, drive time, year and model all play a role in determining upkeep and risk. All of these factors combined can created increased safety and vehicle-health concerns. Whether you own a 1963 Corvette Sting Ray, 1969 Dodge Charger or any other coveted collector car, it’s important to protect your investment and ensure many more years of enjoyment with your vehicle.  

Why We Insure

The severe lack of available insurers in the UAE is precisely why we offer policies. There are enough stress and involvement that goes into the upkeep and maintenance so we do our best to take one thing off your plate.

Through our global partnerships, we are able to provide local insurance solutions for even the rarest of the classics. We keep things simple and clear so you can take care of your investment. So stay focused on what you love and we’ll handle the details.

We are committed to serving our customers as best we can by providing solutions that most other agencies simply can’t offer. Insuring classic cars is no different for us. From start to finish, we offer options and tailor our approach to your specific needs and desires. We we take your year, make, model and vehicle history into account to provide you with a comprehensive policy at the best rate possible.

Interested in learning more about our classic car insurance policies? Have a vehicle you’d like to speak to someone about getting insured? Contact us today!