What Does Classic Car Insurance Cover?

You have purchased a classic car and the next thing on your list should be obtaining the proper insurance policy to protect it. The classic car insurance agents at the CO Insurance Specialist in Wheat Ridge, CO understand the importance of providing you with the correct policy to cover the investment you have made in your beautiful classic car.

A classic car insurance policy includes a variety of different vehicles, including classic or antique cars and trucks, exotic vehicles, hot rods, muscle cars, vintage military vehicles, and certain luxury vehicles. While non-classic vehicles depreciate in value over time, classic, collectible, and vintage cars are different in the fact that their value actually increases the longer you own one. 

Classic car insurance covers a classic car’s value and does not take into consideration since a classic car does not depreciate like regular vehicles do since you do not drive it on any type of regular basis. This is due to the fact that as you restore a classic car, and it becomes even older and more classic, its value increases along with your insurance coverage amount.

Classic Car Coverage Options

Classic car insurance provides the usual auto liability coverage that you need when driving your vehicle on public roads since occasionally you will be driving it to or from a car show or other event. You should also obtain a comprehensive policy that will cover your classic car if it is damaged or destroyed by an act of vandalism, a fire, or a natural disaster. If your classic car is stolen, your classic car insurance policy will pay to replace the vehicle or provide you the amount of money the vehicle was worth at the time it was stolen.

Get a Quote!

To obtain a quote and make an appointment with an experienced classic car insurance agent, call upon the agents at the CO Insurance Specialist in Wheat Ridge, CO today!