Do you have an antique or classic car that you want to have an auto insurance policy for? Collectors of antique cars often want to insure their vehicles in case anything was to happen to it, but many people don't know where to look. Before you start shopping around for classic car insurance, there are a few things you need to know about it.
1. Know what your Car is Worth
When shopping for insurance for your car, you will need to know the current value of it. Your car may appreciate slightly in value each year, as it gets older, and you will want to be insured for the right amount. It may mean a higher premium, but you will still want to know that the entire value of your car is insured in case anything should happen to it.
2. Know What You Need in an Insurance Policy
You will want to know ahead of time what kind of coverage you need on your insurance policy. Do you want coverage for fire and theft? Maybe you just want liability coverage in case you are in an accident. It is a good idea to plan ahead and know what kind of coverage you want before you start looking around.
3. Know How much you Drive
Many specialty insurance policies such as the one you are looking for have monthly or yearly mileage restrictions. Make sure you know the mileage restrictions included on your policy and be aware of how much you are driving.
3. Do Some Research on the Top Companies
Know which companies specialize in providing insurance for antique cars. Here are some of the top insurance providers for classic cars:
Grundy
Hagerty
American Collectors
Classic Collectors
Leland-West
Make sure to shop around and see what each insurance company can offer you. There are many things to consider when shopping around for an auto insurance policy like the company's reputation for handling claims, the discounts that they offer, etc.
Make sure you do your research and compare multiple quotes from top classic car insurers to find the best auto insurance company for your car. |
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