Classic Car Insurance
Drive with class and cover your...bumper.
Photo by Elsa Judkins Photography
Papa's 1968 Camaro
Fire engine red with a white rag top, that car turns heads no matter where it goes.
Papa spent more hours than I can count working on restoring her to the beauty that she is now. As soon as I was old enough to help, I was right there alongside him greasing bearings and replacing break pads.
Papa has since passed, but the car is still full of memories of time spent with him.
Since the car is now my responsibility to care for, I want to protect it as best as I can.
A special car necessitates special insurance.
Insurance for a prized collectible vehicle. Not for a daily driver.
That's where classic car insurance comes into play.
Agreed Value Vs. Actual Cash Value
The type of coverage you have on your vehicle will determine how much your policy will pay out if you have an accident and your car is a total loss.
If your car in insured at Actual Cash Value (ACV), the payout will be adjusted based on the market value of the car on the day of the accident (prior to any damage from the accident).
This means that the payout would not be based on what you actually paid for the car.
Agreed Value coverage is based on the proven value of the car that you and the insurance company work together to determine through appraisals, photos, or other documentation.
This means that with Agreed Value coverage, the insurance company guarantees that they will pay the value that was agreed upon in the event of a covered total loss.
Not every company offers Agreed Value coverage. For more information, contact us.
We strive for the best coverage, at the best value, with the best service, every time!
Covers the costs associated with injuries and property damage you are responsible for if you cause an accident.
The liability limits selected should be high enough to shield your personal assets (property, savings, investments, etc.)
Having inadequate liability limits can lead to financial ruin if you are held liable for an accident. All of your assets and even future wages could be at risk.
Covers the costs associated with injuries and property damage you sustained in an accident not caused by you if the person who caused the accident does not have enough insurance or does not have insurance at all.
Covers the costs to repair or replace your damaged or destroyed vehicle after an accident, minus your deductible.
The collision deductible you choose can have a significant impact on the amount you pay each month vs how much you'll pay in the event of an accident.
A higher deductible will lower your monthly cost, but will leave you with higher out-of-pocket expenses after an accident.
Also known as "other than collision," this covers damage to your vehicle from hazards like animal collision, hail damage, and other forms of weather related damage.
Like collision coverage, the deductible you choose can have a significant impact on how much you pay each month vs out-of-pocket expenses.
Your comprehensive deductible can often be different than your collision deductible. Contact us to find out more.
Covers the costs of injuries for you and others in your vehicle after an accident, regardless of who was at fault.
This coverage is very easy to access and exists to help avoid a larger liability situation (x-rays and ER visits are typically less expensive than a lawsuit).
Pays a certain amount daily, up to a specified total amount for a replacement vehicle if yours is in the shop for repairs.
There are usually several limit options available for this coverage, so it's important to discuss this with your agent to make sure you have the limit you desire.
Typically comes in two forms - Towing reimbursement only and roadside assistance.
Reimburses you for the cost of having your vehicle towed, up to a total specified amount.
This coverage varies greatly from company to company, but usually provides a more comprehensive towing solution, battery jump start, and emergency lock-out services. Talk to your agent to find out your company's specific roadside assistance program.