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Why Most Collectible Cars Do Not have the Right Insurance Coverage

 


Most car collectors already have insurance coverage for their collectible cars. However, a large number of antique car owners still go for standard auto insurance thinking it is enough for their cars and will save them money. The truth is, standard auto insurance devalues your vehicle which means you get less benefits but pay higher premiums.

Many owners get disappointed when they get a claim on their standard auto insurance. Many still do not understand how these policies work. They don't know that this type of insurance won’t save them money and actually will cost more than classic car insurance. The way standard auto insurance assesses vehicles should not be applied to classic vehicles because it evaluates a vehicle’s worth by age. Antique vehicles shouldn’t be assessed this way because their value is based on the rarity and the modifications done to the vehicle. Classic vehicle policy allows you to declare all modifications you've done to you car which may even increase the value of your vehicle. You’ll be confident that your car will be appraised fairly and given a value that it deserves. You’ll have the best value for your money with this type of insurance.

Classic Car Ins gives the best value for your money. We provide you with proper coverage and service. All our insurance policies come with services like auto roadside service without additional costs. Request a quote from us today.


About the Author

is Vice President of Classic Automobile Insurance Agency, Inc. Classic Automobile Insurance Agency has been protecting collector, classic and exotics since 1992.

Posted: 8/8/2012 9:00:00 AM with 0 comments


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