Tag: classic car

Owning a classic car is a rewarding investment, but if you choose the wrong insurance coverage you could be putting yourself and your vehicle at risk. If you’re in the Croton Falls, NY area and looking for classic car insurance you can rely on, the trusted agents at the Carminucci Agency are here to help. We can ensure that you get the right coverage, as you don’t want to rely on a standard auto policy to protect a classic vehicle.

Classic Cars Are Valued Differently

Traditional auto policies typically base their payouts on the depreciated value of the car that’s insured, while classic car policies generally use an agreed value that reflects your vehicle’s true worth. It’s essential that you and your insurer aren’t underestimating the car’s value, since restoration work, rare parts, and market demand increase your vehicle’s worth. You’ll want to work with a trusted agent to regularly review and update coverage limits, and be sure that you’re documenting any modifications, restorations, and maintenance records.

How You Use Your Classic Car Also Matters

Many collectors overlook mileage restrictions and usage requirements included in classic car policies, but using your vehicle outside the terms of your policy could jeopardize its coverage if an accident occurs. Similarly, neglecting proper storage requirements, like keeping your classic vehicle in a secure garage, could affect the eligibility for certain policies or discounts. 

Choose a Trusted Agent for a Quality Policy

Reach out to us today at the Carminucci Agency if you’re in the Croton Falls, NY area and looking for classic car insurance. We’ll help you find the proper coverage for your classic vehicle, so you can enjoy owning it and know that it’s protected. Our agents are committed to finding the right policy for all your insurance needs.