We’re sure you’ve been taking all the necessary precautions and safety measures to maintain your classic car.
From washing it diligently to getting it waxed and from driving it super carefully to making sure it’s parked in a secure place—the works.
But are you sure you aren’t missing out on one of the most important safety nets when it comes to classic cars?
Be it a regular car or a classic, insurance is always on the cards. But when it comes to classic cars, regular insurance no longer works. You need classic car insurance: a special kind of insurance for a special kind of car.
According to the Insurance Information Institute, a classic car is any model that’s older than 25 or 30 years.
These cars are usually very high-value and include everything from vintage wheels to military motors. You can also count luxury and exotic cars among these four-wheeled wonders.
Can Regular Car Insurance Work for Classic Cars?
You may get some degree of insurance for classic cars with regular insurance, because they’re cars at the end of the day.
However, you need to determine the value of your car before you can get regular car insurance for your classic car.
Standard car insurance policies take into account mileage, age, and deprecation to determine how much your car is worth.
Classic Car Insurance: How is it Different?
Classic cars are usually restored and/or personalized, which makes them far more valuable than their depreciated value.
If you’re looking for insurance on a classic car and are taking into account the repairs that will be required after an accident, a regular car insurance policy won’t do much.
You’ll need a classic car insurance policy that will cover everything a regular car insurance policy covers—but specifically for classic cars.
The only difference is that the compensation isn’t based on the actual cash value of the car (after deprecation). Additionally, you can add a coverage limit to your policy if the value of your classic car increases over time.
Here’s How You Get Your Classic Car Insurance in Pennsylvania
Don’t forget that classic cars are like wine: they increase in value as they age. For a thing as valuable as a classic car, you can’t ever be too careful.
You might want to talk to a local agent in Pittson, PA, before signing up for a classic car insurance policy. You might also want a free quote, which you can get easily with Gilmartin Insurance Agency.