In most situations the year the vehicle is registered will normally make a difference on the premium. Most people do not realize that an Insurance Company must file their rates with the Department of Insurance for each State. When they do this they state what they are going to be charging for vehicles in many different manners, one being by the year. The rates for a 1965 are better than the rates for a 2023 for instance. I normally try to find out up front what the vehicle is going to be registered as so it does not look like a bait and switch type of thing. On a build right out of the box we have used the 1965 rates not knowing what the actual car will be registered as. This helps keep the rate down but I let the client know if the car is registered current model year when registered the rates will probably increase.
Hopefully this clears up the rate issue with carriers.
Robbin
MIdwest Classic Insurance
Midwest Classic Insurance – Taking care of your insurance needs personally.