Insurance for antique cars helps to protect your investment. If you own a classic car, you can get the coverage that you need to protect your prized possession.
Finding insurance for collector vehicles can be difficult and cost-prohibitive if you do not know where to look. The good news is you can find the ideal plan to protect your classic cars if you know where to turn.
Getting The Best Value
If you have an antique car listed on your regular auto policy plan, then you are at risk! A regular auto policy may not pay out the true value of your classic car if something should happen to it.
Collector car insurance policies are written especially for the classic car owner. Regular auto policies treat your antique car like they would any other type of passenger car without consideration of their unique value.
The three most common auto insurance claims are theft, fender benders, and whiplash injuries. If you have a “regular” auto policy insuring your classic, you may not ever recover the true value of your vehicle if any of those things happen with your antique car.
Why Would You Risk It?
Maybe you only use your vehicle seasonally and it is stored safely in the garage most of the year. You may feel like it is a waste of money to pay the extra premiums to insure your vehicle. However, there are many good reasons to invest in extra coverage.
Even if you are only using your classic vehicle during certain seasons, you can still find affordable coverage that will fully protect your vehicle year-round. A regular policy simply does not deliver protection you can depend on.
Talk to the Experts
An insurance agent that specializes in insuring antique and classic vehicles is the resource that you want to turn to. This is the best way to get honest answers about an insurance plan. Many agents do not offer this specific coverage, which can leave you holding the bag when something inevitably goes wrong on the way to a car show.
Before you make insurance decisions for your classic vehicle, be sure to get the whole picture from a trusted agent. Ultimately, this is the best way to protect the vehicle you love so much.