If you own a classic car, having the correct insurance to protect this significant investment is crucial. However, there are many common misconceptions concerning classic car insurance. Because of this, it can make decisions difficult. Our experts at 925 Partners in Jacksonville, FL, will help navigate you to the plan that fits you best. Let’s discuss some of the most common myths and misconceptions about classic car insurance to help guide your decision-making.
Myth #1: Classic car insurance is only available to cars at least 25 years old.
This myth may be true in some situations; however, there are insurance companies that will cover classic cars that are less than 25 years old. The criteria vary by state and insurance company.
Myth #2: An appraisal is necessary to get classic car insurance.
This myth is another common misconception about classic car insurance. Many insurance companies have methods to help determine a classic car’s value. While appraisals are beneficial in determining insurance rates, they are only sometimes necessary.
Myth #3: Only classic cars kept in a garage or showroom and never driven are covered under classic car insurance.
There are multiple types of classic car insurance coverage available for classic car insurance, including cars that participate in car shows, parades, or vehicles used to drive for fun.
In conclusion, many myths and misconceptions surround the classic car insurance industry. You can find the right classic car coverage by working with experienced classic car insurance like ours at 925 Partners in Jacksonville, FL.
Refrain from letting the myths and misconceptions get in your way of having the proper coverage. For more information on classic car insurance, contact our experts at 925 Partners by calling 855-925-1200 or emailing email@example.com.
Classic cars are sentimental pieces of history, and for many classic car owners, it’s essential to have an insurance policy in Jacksonville, FL, that reflects their unique needs. But what does a classic car insurance policy cover? Is it worth the extra money?
What Does Classic Car Insurance Cover?
Classic car insurance has some distinct advantages over standard auto insurance policies. Generally, classic cars are only driven occasionally, so many classic car owners choose policies with limited mileage coverage and lower premiums. This type of policy also protects against depreciation and offers unique coverage options such as spare parts replacement, custom equipment coverage, agreed value coverage, roadside assistance, and trip interruption protection.
Your 925 Partners representative can help you find the right coverage. In addition, most classic car insurers offer more lenient repair requirements than standard auto insurers — allowing you to work with shops specializing in vintage vehicles or restorers who understand precisely what goes into maintaining a classic vehicle. That way, you can rest assured knowing that your beloved car will be well taken care of if anything should happen to it.
Is It Worth It?
For those who own a classic vehicle, the answer is yes! A classic car policy can be surprisingly affordable, depending on your location and vehicle type. The added peace of mind from knowing that your car is adequately insured can far outweigh any additional cost associated with this policy.
For those who own a classic car, purchasing a specialty policy may be the best way to protect your investment. With its comprehensive coverage options and specialized repair requirements tailored specifically for vintage vehicles, investing in a quality classic car insurance policy could save you time and money down the line—contact 925 Partners to learn more about your classic car insurance in Jacksonville, FL.
If you own a classic car, you know how rare it is to get car insurance for them. You can usually expect to find a gap in the coverage when you drive your car as a classic, but it’s still essential to have it in case of an accident. It would be best not to worry about getting classic car insurance for a newer car. 925 Partners serving at Jacksonville, FL can help if you’re stranded.
When Is Classic Car Insurance Not Needed?
Classic car insurance is not needed if you are only driving your classic car to a Classic Car Show or other activities where the vehicle is not being driven on public roads. However, it is a good idea to keep classic car insurance in your wallet all the time, just in case of an unforeseen event like a car accident or theft. Classic car insurance does not cover you if you ever sell the car. However, if you have the vehicle repaired, it might be best to have classic car insurance.
You also don’t need the insurance to drive a classic car, but it is a good idea to take out a policy if you keep the car for long periods. Classic car insurance is still a good idea, even if you drive it around the block. It provides cover against the possibility of damage. Consider having roadside assistance in place if you plan to keep the car for any time.
Who Should Get Classic Car Insurance?
You should get classic car insurance if you consider buying a classic car. Even though it is a collector’s item, it is still essential to have insurance to protect yourself whenever there’s an accident. You may find that collecting a certain car is more expensive than you expected or does not come with the same coverage as a new car. Classic car insurance can help protect you if you ever sell your car and cannot get enough coverage money for repairs. Consider getting classic car insurance if you plan to drive a more than 15 years old car.
The best classic car insurance policies will cover the cost of any maintenance required on the car and any necessary repairs due to accidents that have been caused by the car. The classic car insurance policies will also cover any additional costs of owning a vintage or classic cars, like licensing fees, registration fees, and insurance for the car’s accessories, like the engine and transmission. Some classic car insurance companies may even offer to finance the car, which can reduce the cost of the classic car insurance even further. The last thing you want is to unnecessarily spend a lot of money on classic car insurance. For help, call 925 Partners, a firm serving clients in Jacksonville, FL.
At 925 Partners, we understand that classic cars are a lot more than just a hobby. If you are a classic car owner in the Jacksonville, FL area, we are here to help you with all of your insurance needs.
Classic car insurance: what you need to know
Classic car insurance policies differ from traditional car insurance policies in a number of ways. For instance, where you store your car can make a big difference in the type of coverage you need. How often and how far you drive your car can also change your insurance requirements. Someone who keeps their classic car in temperature-controlled storage and only drives it once or twice a year to classic car shows will have different needs than someone who has their car at home and drives it more frequently.
When it comes to classic cars, you will want to make sure that you have the right coverage for your vehicle as well as your unique situation. There is no reason to be overwhelmed by the process of selecting your policy and coverage levels, as our team is here to help! Find out more about the options available and how they can suit your needs today.
Rely on us for all of your classic car insurance needs
If you live in the greater Jacksonville, FL area and require classic car insurance, you can rely on the team at 925 Partners. We understand that a classic car is more than just a vehicle and we want to help you protect your asset. Give us a call or stop by our office today and meet with one of our helpful agents.
If you own a classic car, you probably need special classic car insurance in order to protect your precious possession. Definitions of a classic car may vary, but according to the Insurance Information Institute, it is a car that is at least 25 years old. If you are thinking of getting classic car insurance for your valuable car, 925 Partners serving Jacksonville, FL prepared a list of things you should know about this type of insurance:
What Does Classic Car Insurance Cover?
The coverage of classic car insurance is similar to standard auto insurance that includes property damage, bodily injury, collision, and comprehensive liability. It also may cover restoration or specialized repairs if your classic vehicle is damaged or broken.
How Much Does This Type of Insurance Cost?
In general, classic car insurance is 30% cheaper than regular auto insurance. It costs less because it is the primary car that is used for everyday driving. There are also certain factors that have an impact on the cost of classic car insurance, including the value of the vehicle and the number of classic cars you want to insure.
What Are the Criteria For Qualifying For Classic Car Insurance?
The main criteria is the age of the car. As mentioned above, the vehicle must be at least 25 years old. However, there are other criteria as well, including a clean driving record, limited use of the car, and secure storage.
If you live in Jacksonville, FL or other nearby communities and are searching for a trustworthy insurance agency to get classic car insurance, 925 Partners is ready to help you. We offer all types of insurance that are tailored to the unique needs of our clients. If you have any questions, or you want to know more about the options available, feel free to give us a call – our agents are ready to provide you the information you need.
In the Jacksonville, FL area, there continue to be many people who love cars and dream of owning a classic or antique vehicle. When you own one of these cars, it will provide you with a prized possession that you can showcase and enjoy the appreciation as the years go by. If you are going to purchase a classic car here, you should consider getting a specialized classic car insurance policy. There are several reasons why this type of insurance is ideal for classic car owners.
Classic Car Coverage Reflects True Liability Risk
No matter what type of car you drive in Florida, you need to have liability insurance. If you are a classic car owner, you likely will drive it very infrequently. Due to this, the actual risk that you pose is minimal compared to the typical driver. If you invest in a classic car insurance policy, you will get the coverage that reflects this reduced liability risk.
Classic Car Insurance Protects Value
Another advantage of getting classic car insurance compared to a normal insurance policy is that it can cover your car’s true value. With a classic car, there will be a lot of collectible value, which you will want to be able to protect. When getting classic car insurance, you will negotiate with the provider to have this covered.
Getting classic car insurance in Jacksonville, FL is a good idea for any classic car vehicle owner. When you are shopping for insurance coverage, you should call 925 Partners. The team at 925 Partners can give you the guidance needed to understand this unique form of insurance. From there, you will be able to get into a policy that offers the right coverage for your situation.
If you live in the Jacksonville, FL area and are a car lover, getting a classic car can be an ultimate dream. Since these are not typical vehicles, you need to get an insurance policy that is designed for the needs that come with a classic car. Several benefits come when choosing to acquire a classic car policy for your antique vehicle.
Appropriate Coverage Amount
One of the main advantages that come with getting a classic car policy is that you can get a proper level of insurance coverage. With standard auto insurance, a car is viewed as a depreciating asset, and your coverage will reflect this. When you have a classic car, you are going to want to get more coverage that reflects the market value of the antique vehicle. With a classic car insurance policy in Jacksonville, FL, you can negotiate with the insurance provider and get to an agreed-upon value that reflects the market value.
Risk Reflects Driving Habits
One difference between a classic car and a traditional vehicle is that you will drive the antique far less. You can get an insurance policy that reflects this reduced driving frequency. This can then result in lower insurance premiums for you going forward.
Picking a classic car insurance policy is a big decision. If you are confused about your options, it would be a good idea to contact our office. The team at 925 Partners can assist with any of your needs when it comes to choosing a classic car policy. 925 Partners is ready to partner with you and determine your needs. Contact our office for more information on how to get a quote.