The History Of Classic Car Insurance

Classic cars are not something that everyone owns or finds interesting. However, many people in Denver, CO find them to be a favored hobby and do not realize that they can obtain classic car insurance that is specific to their needs and vehicle.

The Classic Car Club of America

The Classic Car Club of America qualifies classic cars as one that is 25 years old or older. However, the distinction made more directly is that the manufacture year of the automobile is between 1925 and 1948 specifically. The hobby of classic cars includes domestic and foreign makes and do not come cheaply. The investment a hobbyist makes in accessories, custom work, and engine displacement requires protection.

In light of classic car clubs, both large and small, insurance companies began to offer insurance that is specific to classic car owners.

Coverage Compliance

State-to-state regulations differ when it comes to vehicle registration and insurance. You will always want to keep abreast of any changes your state makes to required coverage for classic cars. The fact is you may wish to purchase full coverage, and your state may not require it. Personalized classic car insurance was explicitly created for this purpose.

Classic Car insurance is not subject to mileage consideration and fees, making it unique in the area of automobile insurance. A  low premium and guaranteed value also make the coverage unique. A guaranteed value is a mutual agreement of how much an insurance company will charge you for full coverage for your classic car.

We at Alliance General Insurance Agency, serving Denver, CO, is qualified and ready to answer any questions you may have about classic car insurance policies. No question is a wrong question when it comes to ensuring your class automobile’s coverage meets your needs. Reach out to us at Alliance general Insurance Agency to learn how to get started.