When you have a classic car, it is your pride and joy, and something that you have probably put countless hours, not to mention money, into. But, the truth is that most people do not have their classic vehicles properly insured and if you don’t have classic auto insurance for your car, then you could be in trouble if something happened to it.
Most vehicles have a “blue book” value, which is based on the average selling price of the vehicle, in average condition. But, when your car is a “classic”, it isn’t average in any way, and its value can be several times higher than what the blue book would say. If your car is a true classic, then you have probably had it valued by an appraiser, or maybe even received multiple offers on it, and those have to be taken into consideration when you buy classic auto insurance.
Although you may be ensuring your car for a much higher amount than your insurance broker thinks necessary, you know that you need the coverage should anything happen to it. Especially with older cars that are in mint condition, one small “ding” in the car can completely ruin its value. So, having classic auto insurance is vital.
You can find the proper insurance for your classic car by going online and looking for companies that specialize in this type of coverage. They will understand the true value of your car as well as how to determine it, and they will also understand why you don’t drive it many miles, or why it should be inexpensive to insure since it never leaves your garage at home. If you find the right company, finding this type of insurance for your classic car should be easy and extremely inexpensive overall.
Source by Eddie M. Abel