Collecting classic cars is not a cheap hobby. From upgrades to maintenance, it is a continuous expense. But everything is worth it when you are doing what you love best. And you want to protect what you love, this is why having the right insurance coverage is key to keep your classic car safe and your mind at ease.
Having the right classic car insurance is better and more cost-effective than enrolling them on a normal auto insurance policy. So, if you want to save money while keeping your most favorite collections safe, get the right classic car insurance today.
Benefits of having a classic car insurance
Unlike the typical auto insurance plan, classic car insurance has a variety of additional benefits and rewards that are specific for a classic car. Here are some of them:
Your collector car is actually valued at its actual price, meaning, replacement cost minus depreciation. So if your classic car got damaged or was involved in an accident, your insurance will reimburse you of its actual cash value.
If you lose a collectible classic car, your insurance will reimburse the total value of that car in the market.
As time goes by, the value of a collectible or classic car continues to increase, especially if they are well-taken cared of or well-restored. This means a higher value to be protected by your insurance.
There are different types of collectible and classic car insurance out there. Whether it is antique, replicas, modified, etc., there is appropriate insurance for that and we can help you find the right one.
If someone is injured while your car is being featured, your insurance will cover the medical bills depending on the coverage.
Your insurance will also cover any damages during car show or exhibition where you are not present.
You can also insure spare parts of your classic car. They will be replaced or repaired once lost or damaged.
Insure and protect your classic car.
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