Free Insurance Quotes


Zip



Latest News

Classic Car Owners Woefully Undereducated on Auto Insurance

Owners of classic cars may be extremely educated in the ways of restoring vehicles and keeping them tip-top once they’re brought back from the auto graveyard, but few are well versed at finding the right kind of insurance to match their cherry rides. The fact is, there are dangers inherent in obtaining “regular” car insurance for classic rides that are eliminated when getting a classic car insurance quote.

The greatest potential danger is loss of time and money investment. For example, an auto insurance company pays out by a vehicle’s “book value”—but if someone’s spent years and tens of thousands of dollars to restore a classic car, there’s no book in the world that can inform an insurer what they should pay out.

Therefore a classic car insurance quote is established based on the car’s agreed value. Both parties have to come to an agreement on the value of the car that’s being insured. The only trouble is, there’s often disagreement around the final dollar figure that can be the cause of serious grief for all involved.

So what do experts recommend for those seeking fair classic car insurance quotes? Shopping around. Classic car owners should compare auto insurance quotes from at least three different providers before agreeing to coverage. Online comparison engines should be every classic car owner’s first stop in ensuring they’re covered for what their sweet ride is worth.

Related Articles

What Happens if You Do Not Have Auto Insurance in Your State? 02/22/2013
In an effort to crack down on the high number of uninsured or under-insured drivers, every state in the country has enacted some sort of law that requires people who own and drive cars to be able t...

Read More →

Am I able to Change My Home or Auto Insurance Policies Mid-Term? 06/06/2013
As you searched for your current home or auto insurance policy, you probably did the "right thing" and compared prices before you settled on the policies which you bought. Now, you're mid-term with...

Read More →

Do I need to Personal Injury Protection (PIP) Coverage on my Auto Insurance Policy? 06/26/2013
Not everyone must buy personal injury protection, but it's certainly a beneficial addition to your auto insurance policy, should the coverage be provided in your area. Personal injury protection, o...

Read More →