If you own an antique or classic car, classic car insurance may be the right choice to protect your vehicle. The professionals at Grove Insurance Agency, serving Brownsburg, IN, are here to assist you. We work with multiple insurance carriers to help our customers find classic car insurance policies that meet their specific needs. If you have questions about classic car insurance, we’re here to provide answers and support. Here’s what you need to know about this specialized coverage.
What Is Classic Car Insurance?
Classic car insurance is a specialized type of coverage designed for collectible and antique vehicles. Unlike standard auto insurance, classic car insurance has specific eligibility and coverage requirements.
To qualify for classic car insurance, your vehicle may need to be in excellent condition, regardless of its age. Additionally, policies often include restrictions on how frequently and how far you can drive the vehicle.
How Old Should Your Car Be to Qualify for Classic Car Insurance?
Eligibility requirements vary by insurance company, but most providers require the vehicle to be at least 25 years old to qualify for classic car insurance. If you own an older car and want to explore classic car insurance options, contact your insurance agent to determine if your vehicle meets the criteria.
What Are the Benefits of Classic Car Insurance?
Standard auto insurance policies often account for depreciation when determining payouts for repairs or replacements, which can make it difficult to cover the costs of restoring an older car. Classic car insurance, however, values the vehicle differently and is designed to cover repairs or replacements based on its collectible or antique value.
To learn more about classic car insurance or to get coverage for your vehicle, contact the professionals at Grove Insurance Agency, serving Brownsburg, IN. Call us today to get started!