Putting the time and effort into
restoring a classic car to mint condition can be a rewarding and fulfilling
experience. Don’t risk letting all of your hard work go to waste. Enjoy the
peace of mind that comes with selecting the right classic car insurance.
Antique and classic cars, defined as
those built over 30 years ago, have special insurance needs that differ from
traditional vehicles. Typically driven
on a limited basis, many classic cars appreciate in value and have to be
A classic car insurance policy generally includes
the same coverage found in typical auto insurance, such as liability (bodily
injury and property damage), collision, comprehensive and uninsured/underinsured
Classic car owners should consider the
following issues when purchasing insurance.
- Vehicle Usage -- policy should
reflect limited mileage use.
- Vehicle Storage -- insurers often insist
that these types of cars be stored in a fully enclosed, locked garage when not
- Vehicle Valuation - Agreed-value
policies are preferable to stated value policies because it guarantees that,in
the event of a total loss, the insurer will pay the owner of the car the full
amount listed on the policy, minus any deductible.
HUB has relationships with insurers who
specialize in antique and classic cars and we can recommend the right coverage
to meet your needs.
Contact a HUB personal insurance broker today.