Antique Car Insurance 101
When you own a classic car, you own much more than just another vehicle, you own a piece of history. Investing in the right antique car insurance policy is the best way to ensure that you and your classic are protected while on the road. It is important to keep in mind that antique car insurance policies are slightly different than a typical auto insurance policy, so make sure to talk with your insurance agent to ensure that you invest in the right policy. While newer cars decrease in value as they age, antique cars can increase in value each year, which can make it difficult to decide how much you have to insure the car for. When insuring your antique car, you will want to work with your insurance agent to come up with an agreed value. If your car is a total loss after an accident or if it is stolen, you will receive a payout for the agreed value of the vehicle. All you will have to pay for is your deductible. Just like typical auto insurance policies, there are discounts that are available that can help you save on your antique car insurance policy. If you have taken and passed a defensive driver course, or have an after-market anti-theft device installed on your car, you can save some money on your coverage. There are many different coverage options that are available for your antique car insurance policy to keep you safe on the road, including:
- Property damage liability
- Bodily injury liability
- Physical damage to your car
For all of your antique car insurance needs, contact
the insurance professionals at Gateway Professional Insurance Services in Vacaville, California. We will work with you to ensure that you have the right amount of protection, all at the right price to fit your budget.