Car lovers understand the value of owning a car that is not right off the showroom floor. Whether it is antique, vintage or classic, these cars showcase the best of American auto manufacturing. If you own one of these cars, you probably want to make sure that you have the correct car insurance to protect your investment. At Grove Insurance Agency in Brownsburg, IN we are known for providing expert advice and for the quality of the service we give our customers.
To be considered a classic car, a car needs to be more than 20 years old. In Indiana, historic cars are defined as being 25 years or older. This allows them to be registered for a lower fee and to apply for a historic license plate that is appropriate to the year of the vehicle. To be eligible it can’t be used primarily for transportation and must be restored, maintained, owned, or operated as a collector item or an investment.
For insurance purposes, the definition of a classic car is somewhat different, and it may differ from one carrier to another. Having an insurance agent who is knowledgeable about classic cars and the best way to insure them is important. With a classic car, it is important that you get an expert appraisal, so you have enough coverage to get your car repaired if it should be damaged. You and your carrier need to agree on the value of your classic car.
Classic car insurance may be the only way to get enough coverage to protect your vehicle, but it does come with some drawbacks such as limits on the number of miles you can drive in a year.
When you need to talk to someone about your classic car insurance, contact Grove Insurance Agency in Brownsburg, IN.