Are you able to work on the car yourself ? Do you have a backup car ? HOA ?
These old cars arent as reliable as today's cars and youll find yourself waiting on parts ALOT.
Get AAA towing. Insure the car for how much you paid for it (or whatever you feel its now worth) and then track value increases and update that amount. Hagerty and the others have mileage limits and constraints about how the car is used last I checked, also require a solid garage.
I originally bought my 70 Challenger to be a daily driver. It had a 383-2bbl in it and was numbers matching survivor with original paint and a few shopping cart dings/ road wear, but at the time a plain ol SE was worth "something" but not the like the insane prices like we have now.
I drove it everyday (when I wasnt modding or fixing it) for a year and half, (27miles each way to work on the congested freeway) and I only had liability on it. At that time it was a reasonable decision, mainly because I had a backup vehicle and could do all my own work in my garage (even though they later wrote new HOA rules because of me and luckily I moved shortly after). (PS: The rule in that neighborhood now: The only vehicle maintenance allowed on the property is changing of a flat tire, all else strictly prohibited)
Now with gas prices, the replacement cost of parts and an increase in raw value of the car, I only comfortably drive it on weekends.
My current HOA prohibits building and dissembling vehicles on the property as well, but I was able to keep a real low profile from the neighbors by doing the 440/5speed swap by parking the car sideways in my 3 car garage and working with the doors closed.
I have been thinking/researching getting a different Mopar like a hardtop B body as a daily driver, but even a 318/auto in an ugly color 1970 Satellite is going for $13K.
People are jerks too, getting door dings or worse "keyed" in the grocery store parking lot is a heartbreaker if you have a great paintjob. A 70 E-body is an high profile vehicle that attracts attention, both good and bad
Its not so much, whether its RIGHT or WRONG... but are YOU willing and prepared to accept the risks and consequences of YOUR own actions. Go ahead and take your chances, but hey if something bad happens and your car's value takes a dump because its no longer able to be "numbers matching".... then "No Snivelling Allowed"