Classic car insurance gives specialized coverages for the specialized vehicles that some Albany, OR gearheads have. This insurance isn’t necessarily just for classic models. Here’s what classic car policies can usually cover.
Older and Classic Cars
Classic car insurance is specifically designed for older cars, often vehicles that are over 25 years old. Vehicles generally must be maintained, restored, or in the process of being restored. An old car at a junkyard doesn’t need classic car insurance (or maybe any insurance).
Exotic cars, which include rare and high-end luxury models, often qualify for classic car insurance. These vehicles are typically distinguished by their superior performance, innovative technology, and often a hefty price tag. Classic car policies can be adapted for the increased power and value of these vehicles.
Custom cars also fall under the purview of classic car insurance. The same coverages that provide protection when restoring a classic model can protect the aftermarket features of a custom-built vehicle.
Insuring a custom car requires more expert review of a classic car policy’s terms, but we at Allen & Associates Insurance Inc. can help with that.
Why Choose Classic Car Insurance?
Classic car insurance differs from standard auto insurance in several ways. It often includes agreed value coverage, which means the car is insured for its full appraised value without depreciation. There are also potential benefits like lower premiums due to the limited use of these vehicles and specialized roadside assistance.
If these advantages sound like the right coverage for your classic, exotic, or custom car, contact us at Allen & Associates Insurance Inc. We’ll help you find a classic car insurance policy that matches your vehicle’s coverage needs. We’ve worked with many drivers in Albany, OR, and are ready to assist you.