Classic car owners need all the help they can get when it comes to maintaining their vehicles. This is why a lot of owners are looking into joining car clubs. As a car club member, you are given the opportunity to meet fellow vintage car enthusiasts who can help you improve and customize your cars. More importantly, a car club may help you find the right services and insurance company that can cater to the needs of your car.
A lot of vintage car owners find it hard to look for an insurance company that would give them a fair appraisal for their vintage car. As you may know, a standard auto insurance company appraises your car based on its actual cash value. This means the year, make and model of your car is considered when they are assessing the vehicle for its value. The older your car is, the lower the appraisal may be.
With antique collector car insurance, the modifications you did to your car will also be considered when the car is assessed. Also, you will have the chance to say how much you think your car should be worth. This type of insurance is often referred to as agreed value insurance. This is the most common type of insurance used for vintage cars.
As a car club member, you are sure to find a classic car insurance agency that is ready to give full protection to your car. Contact Classic Auto Insurance today and get a free quote.
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.