Things to Think About When You Insure a Classic Car

If you are in a position where you want to think about looking for car insurance for antique cars, you are certainly not alone! The topic of collector car insurance is something that plagues many people, and if you are in a place where you want to make sure that your vintage beauty is completely protected, good insurance from Leland West Insurance is where you can start. Of course, your antique car is in a completely different class than a used or even new car that can see daily wear, though, so it makes sense that the insurance that you will find that cover it is something else again.

 

When you look are look at collector car insurance, first make sure that your car can be called antique. These definitions will change from state to state and even from country to country, but you will find that, in general, this means that the car needs to be about thirty years old. You should also consider what kind of activity you regularly put the car through. Some policies will only insure you if your car only ever leaves the garage to go to a show or exhibition!

 

There are several types of car insurance for antique cars, and finding the one that will really suit you is something that you need to think about. Leland West can help you in this. If you decide to choose a stated value, insurance, you will discover that it will cover the stated value of the car for as long as the insurance policy lasts. An agreed value insurance policy, on the other hand, is more suited for people who only drive their car for limited points in the year; you will pay a monthly premium, but then the coverage is eliminated in times when you don’t use it. Finally cash value insurance is where your car is evaluated at the time of purchase and only insured for that much. This is not ideal for classic car owners because, as you know, your car will tend to appreciate in value!

 

Never purchase collector car insurance without talking to the agent. In this area, the more personalized your service is, the better off you are going to be. You never know when something is going to lower your premiums drastically. Talk with the insurer about the condition of your car, the circumstances in which it leaves your home, and the conditions under which it is kept. If you are someone who takes very good care of your car, you can find that your coverage can remain high while your premiums can drop significantly. Make sure that you get a policy that is really meant for you.

 

Also consider the kind of care that you want to give your car. For instance, is using your mechanic important to you? Are you more concerned about damage incurred at car shows, and how do you feel about having a restriction how far the car can be driven? These are all important things to consider when you want to insure your classic car.

 

Take some time and really consider what your options are going to be when you are thinking about getting the most out of your classic car insurance!

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