I have a beat-up Volkswagen Beetle that I drive daily. Should I invest in classic car insurance?

Classic car insurance is often misunderstood. Not every old car is eligible for classic car insurance. Typically, classic car insurance is designed for much older cars that aren’t driven daily. These cars are usually in great condition and are often limited edition. Our team at Avail Insurance Solutions LLC helps old car owners from California, Oregon, Nevada, and Arizona understand classic car insurance.

What is Classic Car Insurance?

Classic car insurance is designed for cars that are usually more than fifteen years old. However, there are other characteristics that describe a classic car as well. Also, classic cars are usually kept in their original condition. However, keep in mind that, aside from a few general rules of thumb, every insurance company has its own definition of what qualifies a car as classic.

Classic car insurance is similar to conventional car insurance in that drivers are able to obtain coverage for liability, comprehensive, and collision. However, it differs from conventional car insurance in a few ways. First, your car’s value must be agreed upon by both you and the insurance company. Antique or classic cars usually increase in value. Also, classic car insurance provides other benefits or specialized coverage unique to classic cars.

I have a beat-up Volkswagen Beetle that I drive daily. Should I invest in classic car insurance?

Probably not. Every old car isn’t eligible for classic car insurance. Also, classic car insurance isn’t designed for cars that are driven daily or used as primary vehicles. The idea of classic car insurance is centered heavily on the idea that the car will continue to accrue in value. If your car is in poor condition and driven daily, it’s likely not to accrue in value, and this wouldn’t be a good candidate for classic car insurance.

It may be difficult to determine which cars will be deemed classic. Our team at Avail Insurance Solutions LLC  can answer questions about classic car insurance. Call us. We’re standing by to serve you in California, Oregon, Nevada, and Arizona.