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Prestige Insurance Group, Inc.

In a historic move, Cuba and the United States opted to shake hands once more on the diplomatic bridge, restoring ties for the first time since the revolution that empowered Fidel Castro on the island.

That was back when the tail fin was among the more recent innovations in automotive design, so naturally the idea of having relations with the island nation brings all sorts of economic prospects to interested parties – including those who seek automotive collectibles. But the move could be akin to the US gold rush era – many proponents, very few winners. That's because although about 60,000 vintage cars still roam the streets of Cuban towns – doing so since before the 1959 revolution led by Fidel Castro – time has taken its toll and finding a collectible that has enough value would be challenging to say the least.

That's because for every hidden gem – such as a 1957 Chevy Bel Air, kept intact and with all the chrome bits and ornaments – there are thousand of clunkers, many of them lacking any original part. More so, even if US President Barack Obama's approach to axe the economic sanctions against Cuba prevails, there's a 2010 Cuban law that also bans the export of cars.

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Make sure your classic car has the right amount of coverage. Call Prestige Insurance Group, Inc. at (305) 969-8776 for more information on Miami classic car insurance.

(Article courtesy: Reuters via InAutoNews)
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