Do You Have a Classic Car? Are You Comfortable With It Being Insured for Its Full Value?
That’s the topic of today’s blog presented by Avail Insurance Solutions LLC of California, Oregon, Nevada, and Arizona.
What is Classic Car Insurance?
Classic car insurance is designed for owners of cars that may be 25 years and older or otherwise uniquely qualified as a classic.
The Joys of Classic Car Ownership
Owning a classic car opens you up to a network of like-minded individuals and families. It can be a fun and interesting hobby that provides endless joy and entertainment. It can also be a prudent investment that will pay dividends in the future.
Challenges Associated with Classic Car Ownership
With all of its positives, classic car ownership is not without its challenges. Restoring a vehicle can be time-consuming and expensive. A classic car will also benefit from special classic coverage.
What Makes It Different from Standard Car Insurance?
Besides the age of the vehicle, classic cars are often driven less and worth more than a standard "book value" may indicate. This could be due to mileage, the motor, rarity, and more.
How to Ensure Full Financial Protection
The best way to insure your classic car for its full value is to know its full value. Do your research and perform due diligence to determine the actual replacement value for its condition.
Secure Appropriate Coverage
Discuss this value with your insurance agent and request coverage to protect it from loss to its full value. This is often an option for classic car owners that is not usually available in other circumstances.
Have Questions? Contact Us
We invite classic car owners to contact us at Avail Insurance Solutions LLC of California. We can help you insure your classic car for its full value. We are able to service the areas of Arizona, California, Nevada, and Oregon.