You hear more and more about vintage cars being stolen. Certainly classic Porsches and other cars in this segment are popular with car thieves. If you are the owner of one of these models, you may be wondering how to secure your beloved vintage car theft.
Oldtimer theft and insurance
If you are going to insure your vintage car, the insurer will set requirements for the type of alarm you need. Here, the assessed value of the car determines the alarm class that the insurance company requires. If the car has a valuation up to €25,000, then a security is not mandatory for the insurance. Of course, you can always choose to do it yourself.
Oldtimer car alarm and KIWA SCM Alarm class
From an assessed value of €25,000, there is a KIWA SCM approved alarm required. The KIWA SCM alarm classes are divided into classes 1 through 5. The higher the assessed value of the car, the higher the alarm class required by the insurance company.
KIWA SCM Alarm class 1
- Appraised value €25,000 - €50,000 (if you only store the car in a garage, then an SCM alarm is not required)
KIWA SCM Alarm class 3
- Appraised value €50,000 - €100,000 (if you only store the car in a garage, then an SCM alarm is not required)
KIWA SCM Alarm class 4
- Appraised value from €100,000 (SCM alarm always mandatory)
If you want to insure a vintage car over €100,000, you always need a KIWA SCM Class 4 alarm, including a vehicle tracking system.
For more information on the different alarm classes, check out here.
Securing Oldtimer with Sounding Transmitter
Alarm classes 4 and 5 always include a vehicle tracking system. You can always choose to install a vehicle tracking system yourself. In the unlikely event that your classic car is stolen, you will always be able to trace the vehicle.
So are you looking for the best option to secure your Oldtimer against theft? Then get in touch with us, we would be happy to provide you with advice!
