by Chapel Hill-Carrboro Chamber of Commerce
Question by Tim: Insurance rates on classic sports cars for new drivers?
obviously, insurance rates are higher for new drivers and even more so if they drive a sports car, but aren't rates lower on classic cars? if so does the reduction make up for the car being a sports car? for example, a 1965 Ford Mustang.
Best answer:
Answer by emiller1998Classic cars are worth a lot and therefore the insurance would be high. Sports cars have high insurance
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