Insuring Your Classic Car
Do you own a classic car or truck? Antique and
classic automobiles have special needs when being insured. Here are a few
things to consider when choosing an insurance policy.
How do you use your classic car?
Do you take your classic vehicle on long road
trips or is it garaged 99% of the time. Make sure you get coverage for how
you use your antique car. If you don't drive your vehicle as much, your
rates should be considerably lower.
What is your antique automobile worth?
Make sure that you are clear on how your
insurance company is putting a value on your car. Don't wait until after
an accident to find out that they don't value your car as highly as you
do. Get a policy with a guaranteed agreed
valuation. Its the only way to insure you get the proper value for your
car.
Are there any restrictions?
Some policies might limit where and how your
vehicle is to be stored. Check to make sure that you know about any such
restrictions on your policy. Some policies might state that you must store
it in a locked garage for example.
Does your insurer have classic car
experience?
You might be better off dealing with a company
who specializes in classic cars and trucks. They will know about all of
your special needs and can probably get you a better rate.
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