Classic Car Insurance Must-Haves

Classic Car Insurance Must-Haves

| May 18, 2020
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Do you own a “Classic” Car?

The age of most of the classic cars between 20 years and 40 years of age. The integrity of the car must be original to the year – any restoration must be of the period of the manufactured year.   Classic cars are treated differently than the everyday car. Classics are a show piece – whether they are in car shows, festivals, parades, or even car club activities – they are special. They may spend more time in storage until there is an event to shine.

What insurance coverage is needed on a Classic Car?

Comprehensive and collision are the most frequently purchased insurance coverage on classic cars. If the car is being driven, these two coverages provide protection for physical damage only.

Comprehensive provides protection for theft, fire, and vandalism up to a set limit, minus your deductible. This coverage is often used as the cars are stored in a garage or facility most of the time. While in storage, Some people remove liablity and collision coverage (ususally over the winter months), and then add the coverage back on when they are getting ready to get the car out.

Collision coverage protects the classic car if it is involved in an accident with another car or an object, minus your deductible, up to a set limit.

Liability coverage is required by most states to drive a car on a public highway. This coverage is necessary if your classic car is driven. This protection provides coverage for other people, in your car or in another vehicle your car has come in contact with. It will cover up to a set limit for injuries and property damage.

The next step

We offer insurance protection for Classic cars – 1.800.886.0305,, or schedule an appointment with one of our knowledgeable sales team.

Consultative Insurance Group, Inc.     |   “Consultative”…It’s how we do business!

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