At Hart Insurance, serving the greater Federal Way, WA area, we are often asked by car owners when they need regular auto insurance versus classic car insurance. Sometimes it is obvious, such as when you have a restored classic automobile or a new car. Other times, there is a fine line between a regular older car and an unrestored classic car. Here are a few of the signs that you may need classic car insurance over regular auto insurance.
The Car is Worth More than Blue Book Value
One of the signs that you need classic car insurance rather than regular auto insurance is that the value of the car is worth significantly more than the Blue Book value of the car. If your car has value based on its demand with collectors, you likely need classic car insurance rather than regular auto insurance.
You Rarely Drive the Car
Another sign that you may need classic car insurance rather than auto insurance is that you rarely drive the car, aside from to and from car show events. If your car is older and you participate in class car shows or parades, but don’t use the car for much else, classic car insurance may be the better choice for you.
The Age
Generally speaking, any car that is 10 years or older can be deemed a classic car. Any car that is 25 years or older can be deemed an antique car. As such, your car must meet these age restrictions in order to be able to obtain the right type of insurance on the automobile. However, age alone should not be the deciding factor when determining whether to get classic car versus regular auto insurance. The other two factors, plus the age, should help you decide.
If you currently have regular auto insurance on your car, but need classic car insurance, let Hart Insurance, serving the greater Federal Way, WA area, help. Contact us today to get started on a classic car auto insurance policy or to obtain a free quote.
