PROTECTING YOUR DREAM CAR
Having the classic car of your dreams is a highlight of many enthusiasts’ dreams. However, many don’t realize that having an insurance policy that is as customized as your ride is critical if you want to give your antique or collector car the care it deserves. In fact, proper coverage is the most important thing to have before you hit the road or attend your next car show or event.
Little Known Facts About Insuring Classic & Collectible Cars
Because the marketplace values classic and collectible cars differently, you will need a policy that provides different coverage than “regular use” drivers. Since classic and collectible cars often register as older vehicles, they aren’t evaluated at their true market value according to standard insurance practices. So if you have an accident, you could end up paying the difference out of pocket on any repairs or replacements you’re not fully insured for, or if there’s a gap in your policy you didn’t know about.
Only Pay for What You Need
Fortunately, unlike standard auto insurance policies, you only pay for what you need because you won’t need full-time coverage. So you’ll be surprised at how affordable complete coverage can be for average classic and collectible car owners like you.
How to qualify
The most important thing we cover are the things that are important to you. Typical coverages should include:
Your collectible car should be stored inside in a secure locked garage or structure. The following storage facilities normally qualify: residential garage, barn, secure rental storage unit, and others. Let’s talk about yours!
As with other forms of auto insurance, your driving history will also be taken into account. Serious infractions within the last 5 years such as OUI, DUI, excessive speeding, driving recklessly or an alcohol citation could affect eligibility, but may not necessarily disqualify you. Minor traffic violations or accidents per household are generally acceptable.
It is your car and you should feel free to drive it. We will tailor your policy to reflect your driving habits.
Since you don’t need to drive your “baby” every day, carriers will require that you maintain “regular use” insurance in your name on a daily driver vehicle. Customarily, motorcycles do not qualify as a daily driver nor does public transportation.