If you are one of the fortunate people who own a classic car, ensure you have it correctly insured. Contact the insurance professionals at Will Wright Agency Inc. in Decatur, AL for all the information you need to protect your car.
The hobby of owning a classic car is costly. A standard policy will not adequately protect your vehicle. To obtain insurance for a collector, classic, antique, or vintage car or truck, your vehicle needs to be garaged, used as an extra vehicle only, and not for daily use and kept in good working order.
Classic cars usually appreciate if they are correctly maintained. Your coverage should reflect the current market value of your vehicle. This special coverage will do that. It will also offer collision, liability, comprehensive, and other specialized coverage, such as:
- You are reimbursed for the actual value of your vehicle.
- It’s possible to have coverage for original replacement parts.
- You can go to the restoration or repair shop of your choice.
- You can drive your classic car at any time without mileage restrictions.
While it might seem logical to put your classic vehicle on your existing car insurance policy, there are reasons to get coverage created, especially for the needs of your classic. Classic car insurance usually covers your car up to an agreed value, whereas standard car insurance will not provide as much coverage.
Because the values of classic vehicles can vary quite a bit, making your vehicle more expensive to insure. As most classic car insurers have rigid eligibility requirements, having a clean driving record helps to keep your monthly premiums down.
If you are one of the lucky few who can enjoy this terrific hobby, make sure you have all the coverage you need in case of a mishap. Contact the professionals at Will Wright Agency Inc. today for answers to all your questions. You will be glad you did.
