Getting the best insurance policy for your classic car ensures that you will receive great service when you need it. There are factors you need to consider when getting a classic car insurance quotation. Comparing classic car insurance quotation from prospective insurers provides you with different options before getting classic car insurance.
Know the difference between a stated value and an agreed value. A stated value may change over time . If an accident occurs, the current market value of your classic car will be used instead of the amount you stated on your policy. Agreed value is the amount you and your insurer agreed upon signing the policy. This value does not change. When getting a classic car insurance quotation, ask what is best for your vehicle as classic car insurance quotations vary from different classic car insurance companies.
Understand the restrictions. Classic car insurance restrictions may depend on usage, parking and storing. It would be a wise idea to know these restrictions, lest you run the risk of not getting paid for damages your car may incur and not getting great service for your vehicle.
Read the fine print. Not everything may be discussed by your classic car insurance agent. When you get a classic car insurance quotation, also request a copy of your policy's terms and conditions.
Classic car insurance quotation varies from different insurance companies. If you want great service for your vehicle, it's wise to compare quotes from different classic car insurance companies. Get your classic car insurance quotation now.
About the Author
Drew Yagodnik is Vice President of Classic Automobile Insurance Agency, Inc. Classic Automobile Insurance Agency has been protecting collector, classic and exotics since 1992.