Most classic car owners go the extra mile to ensure their car is in prime condition. Another priority for them is providing maximum protection for their prized possessions by getting the right classic car insurance coverage.
This blog discusses several important insurance-related aspects you must know if you are a classic car owner searching for the best insurance solutions for your vehicle.
The Classic Car Club of America defines a classic car as a fine or distinctive American or foreign-built automobile manufactured between 1815 and 1948. They are high-priced, top-end, limited edition cars with high engine displacement, bespoke coachwork, and luxury accessories.
For insurance purposes, a classic car is a vehicle that is at least twenty years old but not older than forty years old and preserves its original design and specifications. However, the criterion for your car to be classified as a classic car may vary from one insurance provider to another.
Classic car insurance coverage includes classic cars with limited use that may consist of exhibitions, parades, or classic club events.
Your insurer may deny coverage if you use your classic car as:
You may qualify for classic car insurance coverage if you own any of the following vehicles:
Standard classic car coverage is similar to the coverage offered in auto insurance policies. They include:
Besides the above, there are certain optional classic car insurance coverages that you may consider, such as:
If your classic car suffers a breakdown on the road, you can benefit from roadside assistance coverage of your classic car coverage for the following issues:
Since classic cars’ value does not depreciate over time, you may have certain payout options if a covered peril totals your car. They include:
The right classic car insurance coverage ensures maximum protection for your prized car. At Jack Stone Insurance Agency, we offer customized insurance based on your unique needs. Contact us today to know more. Call us at 925-392-8365 for further assistance.