Specialty Automobile Insurance

Classic cars, often referred to as antique cars, are unique vehicles. They differ from ordinary automobiles in that they are not commonly used for daily commutes and activities. However, just like any car, classic cars are susceptible to many unforeseen incidents. Having a classic car insurance policy can help limit out-of-pocket expenses following an accident. 


How Does Classic Car Insurance Work? 


Classic car insurance is a contract between you and your insurance provider. You’ll pay an insurance premium in exchange for financial assistance following an accident. You will typically have to pay a deductible for your policy, which is an out-of-pocket cost you’ll cover following an accident until your insurance kicks in to cover the remaining expenses. 


What Does Classic Car Insurance Cover? 


Policies vary among classic car owners, but a standard classic car insurance policy might include the following coverages: 

• 
  Uninsured/underinsured motorist coverage
• Liability coverage
• Injury protection
• Medical payments coverage

One of the key differences between classic car insurance and a standard auto insurance policy is agreed value coverage. Agreed value coverage is the value of your classic car, determined by an appraiser, that you and your insurance provider agree upon to determine how much you’ll pay for your policy. 


Who Needs Classic Car Insurance? 


Classic car insurance typically deals with older, classic models of cars—some even considered to be collectibles. You will likely qualify for classic car insurance if your vehicle is: 

• 
  At least 25 years old.
• Exotic.
• Modified.
• A modern muscle car.

If you have any additional questions regarding classic car insurance requirements or expectations, be sure to contact Winnett Insurance Agency. 


Contact Our Agency 


If you live near Joplin, Missouri, we can help. The agents at Winnett Insurance Agency are determined to assist classic car owners in learning more about potential coverage options so they can decide on the right policy for their antique vehicle. 


Contact our agency today at 417-624-5724 to learn more about coverage options.