SGI has changed the definition of “antique vehicle”.
Originally it was “vehicles 30 years old or older” – now it’s “vehicles that are model year 1987 and older” as of January 1st.
“This change means that vehicles with a model year of 1988 and newer will not be eligible to be registered for antique use…this change does not impact any vehicles currently registered for antique use” said SGI Media Relations Manager Tyler McMurchy.
He says the change was about addressing an imbalance.
“The intent of the Antique Use class, when it was originally created, was to accomodate vintage vehicles that were used infrequently – for parades or special occasions or Sunday drives,” McMurchy explained. “But we’ve seen an increasing trend where antique-registered vehicles are also being used as regular use vehicles, driven daily in many cases.”
Furthermore, McMurchy says because they’re insured at such a low cost, this doesn’t adequately compensate for the injury and liability claim payouts in the event of a collision.
Saskatchewan Government Insurance says, in a news release, physical damage coverage for antique vehicles is limited to $800 dollars, with full liability and injury benefits provided.
All vintage vehicles pay the same insurance premium – $85 dollars plus PST annually – regardless of vehicle make or body style.
McMurchy says the change also follows consultations between SGI, car clubs and antique car enthusiasts.
“It was decided that the fairest option to address the imbalance that we were seeing was to cap the antique class at the 1987 model year,” he pointed out. “The other option that we decided not to go to was increase rates for all antique vehicles.”
(Ryan Yong – CJGX)