MONDAY, JUNE 14, 2021
Since you have purchased a classic or antique vehicle, you’ll want to insure it properly, as it is an investment.
Coverage Inclusions
A typical classic car insurance policy includes the following:
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Inflation guard: To compensate for how classic cars increase in value over time, the policy increases the vehicle’s value quarterly.
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Spare parts coverage
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Flexible usage: Ability to drive the vehicle up to 2,500 or 5,000 miles annually. Not limited to “parades only.”
Additional Coverage Options
You can also purchase these additional coverage options for more specific protection:
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Emergency towing in case of a breakdown.
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Roadside assistance for items such as a flat tire, dead battery or running out of gas.
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Emergency lockout
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Lost key return
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Emergency travel expenses in case your classic vehicle breaks down while away from home.
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Car show expenses: Policy will pay for expenses associated with missing a car show due to a breakdown.
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Theft reward
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Personal effects: Policy will reimburse you for items that are vandalized or stolen when reported to police.
Since classic and antique vehicles are all so different, your insurance coverage will be specific to your vehicle and how often you plan to use it. Live in the past while protecting your future!
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NOTICE: This blog and website are made available by the publisher for educational and informational purposes only.
It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional
in your state. By using this blog site you understand that there is no broker client relationship between
you and the blog and website publisher.
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