Protecting your classic car is no doubt very important to you. No doubt you will want to do everything to keep your antique car protected, including making sure that you have a great insurance policy on it. It is important to realize that most vintage car policies are quite a bit different than insurance policies on regular vehicles.
Classic cars are difficult to find and agents with companies really cannot totally define the worth of one of these cars. Since insurance companies work to make money, they work to make sure that if something happens to the classic car you own, you are given only the minimum amount of money for the damage that occurs.
Before choosing an insurance company to cover your prized possession, you need to ensure that the insurer clearly understands the real value of the classic car and that in the event that the car is totaled; you will be given money equivalent to the actual value of the car.
Most insurance companies do not place classic cars in the same insurance policy as other vehicles. They prefer giving classic car owners specialty coverage for their cars. However, the insurance companies will first have to decide whether the car is considered a vintage or not. They may look for any distinguishing or unique body features.
If the company determines that your vehicle is a classic car, then going for the unique insurance is a great idea. You see, for regular insurance coverage, you are able to use the vehicle whenever you need to or want to.
When you have classic vehicle insurance, the amount of time and length of time that you use the vehicle is going to be restricted. You can only use it on occasion, such as to go to a parade or a car show. Ensure you know what the policy will cover. You want to make sure you get the time to actually enjoy driving your car a bit.
Other restrictions that are often placed on classic cars include where they have to be parked or stored to keep them from any damage. With regular policies, you are able to keep your car anywhere you want to. With these policies, you may have to keep the vintage car within an enclosure. Insurance companies require this to keep them protected from damage or theft, since these cars have a high rate of being stolen. The compensation for the damages on the vehicle is also quite a bit different when you happen to have a classic car insurance policy.
Regular vehicle insurance policies will pay out for repairs in the event that an accident occurs. When you have a classic car with special insurance on it, there is an amount paid out that has already been agreed upon if the car is stolen or it is damaged in some other way. When choosing your policy, make sure that you will be able to go with the mechanic that you want to for the repairs that are needed. The reason that this is so important is that not every mechanic knows how to offer the care that is needed for a vintage car to get it back into shape.
Classic cars are difficult to find and agents with companies really cannot totally define the worth of one of these cars. Since insurance companies work to make money, they work to make sure that if something happens to the classic car you own, you are given only the minimum amount of money for the damage that occurs.
Before choosing an insurance company to cover your prized possession, you need to ensure that the insurer clearly understands the real value of the classic car and that in the event that the car is totaled; you will be given money equivalent to the actual value of the car.
Most insurance companies do not place classic cars in the same insurance policy as other vehicles. They prefer giving classic car owners specialty coverage for their cars. However, the insurance companies will first have to decide whether the car is considered a vintage or not. They may look for any distinguishing or unique body features.
If the company determines that your vehicle is a classic car, then going for the unique insurance is a great idea. You see, for regular insurance coverage, you are able to use the vehicle whenever you need to or want to.
When you have classic vehicle insurance, the amount of time and length of time that you use the vehicle is going to be restricted. You can only use it on occasion, such as to go to a parade or a car show. Ensure you know what the policy will cover. You want to make sure you get the time to actually enjoy driving your car a bit.
Other restrictions that are often placed on classic cars include where they have to be parked or stored to keep them from any damage. With regular policies, you are able to keep your car anywhere you want to. With these policies, you may have to keep the vintage car within an enclosure. Insurance companies require this to keep them protected from damage or theft, since these cars have a high rate of being stolen. The compensation for the damages on the vehicle is also quite a bit different when you happen to have a classic car insurance policy.
Regular vehicle insurance policies will pay out for repairs in the event that an accident occurs. When you have a classic car with special insurance on it, there is an amount paid out that has already been agreed upon if the car is stolen or it is damaged in some other way. When choosing your policy, make sure that you will be able to go with the mechanic that you want to for the repairs that are needed. The reason that this is so important is that not every mechanic knows how to offer the care that is needed for a vintage car to get it back into shape.
