Classic Car Insurance provided by Altima Auto Insurance Agency.
What is Classic car insurance?
What are the types of Classic Car Insurance coverages?
Classic car insurance typically offers coverage types similar to a personal auto insurance policy:
Liability auto insurance
This coverage pays for damage and injuries you cause to others. It also pays for a legal defense in case you are sued because over a car accident you caused. This coverage type is required in most states if you plan to drive your vehicle on public roads.
Collision and comprehensive insurance
Together, these insurance types cover a wide range of problems such as car accident damage to your own car, auto theft, vandalism, collisions with animals, fire, flood, hail, falling objects and riots.
Uninsured motorist coverage
This coverage pays for your medical bills if someone without insurance crashes into you. Some states require you to carry this coverage. In some states it can also cover car damage caused by an uninsured driver.
In addition to the standard coverage types, classic car insurance typically has some optional coverage types that you can tailor to your needs:
They’re often more expensive than everyday rides, and they may require more complicated and specialized repairs if they’re damaged. Classic and collector cars are also, by virtue of their value and rarity, more likely to be stolen or vandalized, making insurance all the more important.
How do you qualify for Classic Car Insurance ?
More than the age and value of a vehicle are considered when it comes to qualifying for classic car insurance. The III says you’ll likely need to meet other requirements. For example, a vehicle that’s protected by classic car insurance typically cannot be used for everyday driving. A classic car insurance policy may include mileage limitations, and some insurers require proof that the car is stored properly and that you have another vehicle for routine driving.
Some insurers allow you to drive the vehicle to car shows and auto club events. If not, you may need to purchase special coverage for those kinds of trips, the III says. Additionally, the insured vehicle typically must be securely stored in a private garage or other locked facility when not in use.
Insurers may also require you to have a clean driving record in order to purchase or renew a classic car insurance policy.
To learn more about coverage options so you can protect your Classic Car do get in touch with us.
