How to Buy Classic Car Insurance
By: Michael Modica
If you are fortunate enough to own a classic car – or any collectible automobile – then
you want to ensure that your luck does not run out because of having inadequate
insurance coverage. Call it covering your butt – or covering your “asset” – but by all
means, call one of the major providers such as American Collectors, Haggerty, or
Parish Heacock insurance companies and let them put you in the driver’s seat in terms
of professional protection of your cherished automotive investment.
How to Kick the Tires on Classic Car Insurance
The whole idea of insurance is that it needs to do what you expect of it in an
emergency, when the rubber really hits the road. And classic car insurance is as
different from conventional auto insurance as, well, a classic car is from your run of the
mill generic vehicle.
When you buy a classic car insurance policy, you are essentially purchasing protection
for those times when - God forbid and knock on wood it doesn’t happen – disaster
strikes in the form of a fire, a collision, or an act of theft or vandalism. Just as we now
have modern airbags to save us in the event of a crash, we also have collector’s car
insurance, to protect us with adequate moneybags when calamity throws a wrench in
The time you invest in choosing the right classic car insurance coverage is well worth
the value and peace of mind that a quality collector’s insurance policy delivers for
owners of classic motor cars.
The Nuts and Bolts of Classic Car Insurance Coverage
Collector car insurance is not the same as the insurance you buy for normal coverage of
your daily transportation. Collector car insurance, or classic car insurance, is made
especially for the needs of the car collector. And while ordinary insurance does offer
some protection, no matter what you drive, it can leave you high and dry in the event of
a loss that it not effectively covered by the terms of the insurance contract.
For example, you