Specialty Automobile Insurance
Specialty Automobile Insurance Information
Classic car insurance offers specialized coverage for your treasured vehicles. Unlike standard auto insurance, classic auto insurance is designed to address the unique needs of vintage and collector cars.
Contact Winnett Insurance Agency in Joplin, Missouri, to learn more about appropriately insuring your vintage, classic or antique vehicle.
What Does Classic Car Insurance Cover?
One of the key features of classic car insurance is agreed-value coverage. When the policy is written, the insurance company and the car owner agree on the vehicle’s value. In the event of a total loss, you’re compensated for this agreed amount rather than the actual cash value, which factors in depreciation.
Classic car insurers understand that these vehicles are often driven less frequently and primarily for enjoyment or exhibitions. Policies can be tailored to accommodate this limited use, which may result in lower premiums than standard auto insurance.
Your agent can help you tailor your collector car insurance plan to meet your unique needs.
How Much Is Antique Car Insurance?
Antique car insurance, a subset of specialty auto insurance, often comes with unique pricing structures tailored to the individual vehicle and its use.
The cost of antique car insurance varies depending on several factors:
- The age, rarity, and value of your vehicle matter, with more valuable vehicles typically commanding higher premiums.
- How often and for what purpose you drive your antique car impacts the insurance cost, with limited usage for shows or exhibitions often leading to lower premiums.
- Proper storage and security measures can reduce the risk of damage or theft, potentially lowering insurance costs.
- As with any auto insurance, your driving history can affect your premium rates.
How to Get a Quote for Collector Car Insurance
Your agent can help you get classic car insurance quotes from various specialty auto insurance providers. These quotes will give you a clear picture of the market rates and help you find a policy that fits your budget and needs.
Contact Winnett Insurance Agency today for classic car insurance quotes.
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